Fugro announced that it has wholly-acquired Advanced Geomechanics Pty Ltd. (AG) to become part of its global geoconsultancy practice. The nearly 20-year-old, Perth-based AG provides geotechnical and geophysical engineering and consulting services…
Oilfield services company Archer is to cut staff and close some bases as part of a restructuring plan. The firm, which provides drilling and well services, said to accelerate margin improvements and adapt to the “highly competitive North American land market”…
Colloquy: Editor’s Column A lot of time and money can be wasted waiting on weather. Down time is expensive. Wave height and period determine vessel motion and when they exceed operating limits, work slows or stops. Working in rough weather can lead to injuries and damage equipment…
The US Department of Energy (DOE) announced in mid-November that US$5 million would be allocated for seven US universities studying methane hydrates. “The recent boom in natural gas production - in part due to long-term Energy Department…
More offshore wind projects could be scrapped in the UK, an official has warned, after it was announced that technical challenges had brought a halt to a 1200 MW project in the UK’s Bristol Channel. RWE Innogy said its planned Atlantic…
Baker Hughes drilling rig count for 22 Nov 2013 shows 57 rigs drilling off the US, including two rigs each off California and Florida, three off Texas, and 50 off Louisiana. This is three fewer than last week, but four more rigs drilling offshore than a year ago…
Established by a team of scientists in 1977, City Technology has grown into a global business, with 50 million people worldwide using its gas detection sensors. With a range of more than 300 products detecting 28 different gases, City Technology…
Australia’s Pura Vida has agreed a farm-in deal giving it a 50% stake in the Ambilobe area office Madagascar, east Africa. The firm has also finalized a farm-out deal offshore Morocco. Pura Vida will take a 50% stake in the Ambilobe block…
This event aired on December 12, 2013 Click to AccessNo doubt advances in automation technology can help companies in the offshore oil and gas industry but integrating Safety and asset integrity to the operating strategy of the process…
Standard & Poors said that Transocean Ltd. (RIG) would replace computer maker Dell Inc. (DELL) in the S&P 500 index, effective 28 Oct 2013. The S&P 500 index one of the most commonly followed stock market (equity) indices and it is based…
Germany’s Raytheon Anschütz released its latest gyro compass, the Standard 22, which ensures accuracy and reliability under all environmental conditions. Operational safety was dramatically increased due to a patented data transmission technology that completely replaces the use of slip rings…
A high level of investment creates an opportunity for new entrants into the pipelay vessel market, says Douglas Westwood’s Singapore-based analyst Thom Payne. About 32,000km of offshore pipelines are expected to be installed over the next five years…
Increasing construction and installation activity globally is driving a demand for fabrication and manufacturing capabilities. With its shipbuilding and petrochemical heritage, northeast England is rising to meet the challenge. From a cluster of towns centering on Newcastle…
After two years of planning, BP is about to launch a major renewal program on its North Sea Magnus and ETAP facilities. BP explained the program—and its long term aims—to Elaine Maslin. Operators in the North Sea are tackling a thorny…
Rio de Janeiro-based AMEC Kromav, specialist company for shipbuilding and offshore activities, is urging the Russian industry to take full advantage of Brazil’s multi-billion dollar offshore industry opportunities. In a comprehensive presentation at NEVA in St Petersburg…
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