The rewards on offer from subsea boosting technology were spelled out at the MCE Deepwater Development Conference in London this spring by Arne B. Olsen, sales director, pumps and subsea processing at OneSubsea. Meg Chesshyre reports. Gullfaks…
Applying materials and corrosion science to the study of corrosion fatigue in high-strength steel wire aids flexible riser performance understanding. Intertek’s Peter Barnes explains. Example of a riser performing on a platform…
Equalizer Group has set up a separate service company headed up by general manager Alan Morrison to take forward the development of its award-winning Xtegrity system. As GM of Equalizer Flange Integrity Systems (EFIS) Morrison, who has almost 30 years’ experience in the oil and gas sector…
ExxonMobil reports that it signed a memorandum of understanding with the Korea Institute of Energy Technology Evaluation and Planning and the Korea Gas Corp. (Kogas) to hold discussions concerning natural gas technologies and new energy technologies…
Baker Hughes’ revenue of US$4 billion in 2Q 2015 marked a 33% drop year-over-year, and the company says it sees no relief in 2H 2015 as unfavorable market dynamics are expected to continue. Image from Baker Hughes Facebook…
Lundin Petroleum has successfully completed the installation of the topside modules on the Edvard Grieg development, offshore Norway. Thialf. From Heerema. The Edvard Grieg topside…
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced that the bureau will offer approximately 21…
Det norske completed the drilling of appraisal wells 16/1-22 S, 16/1-22 A and 16/1-22 B on the Ivar Aasen field, according to the Norwegian Petroleum Directorate. The field is in the central part of the North Sea and was proven in 2008…
UK-based operator Premier Oil says work on its west of Shetland Solan development remains on track for start up in 4Q, while it looks for cheaper options for its Norwegian Vette project. Premier Oil says it is also moving towards pre…
Mexico’s national oil company Petróleos Mexicanos (PEMEX) is joining a list of international oil and gas companies by opting out of Mexico’s historic Round One. Image from PEMEX. At an event in Mexico City…
Norway-based geoscience firm TGS has agreed to buy seismic firm Polarcus' multiclient library, excluding Australia, for US$ 27.5 million and future share on library late sales. The move was described as enabling Polarcus to 'navigate the current challenging market environment…
Statoil installed the first subsea wet gas compressor in the world at the Gullfaks C platform in the North Sea after a successful offshore campaign (see video below). Image: Seaway Heavy Lifting's Oleg Strashnov carrying the protective structure…
German navigation system manufacturer Raytheon Anschütz announced new contracts for the delivery of Synapsis Integrated Navigation Systems (INS) to five 14,500TEU container vessels built at Hudong-Zhonghua Shipbuilding Co.. The new…
Statoil, on behalf of the Johan Sverdrup license, awarded Korea's Samsung Heavy Industries Shipyard the US$892 million (NOK 7 billion) contract for decks for both the process and riser platforms. Johan Sverdrup…
Fossil Oil is planning a new drilling project named Fossil-North Eagle Bay Offshore JV – I – 2015 offshore Texas. The project involves directionally drilling a lower risk offshore prospect in 12ft of water to a depth of 14,800ft to potentially…