Cairn India Ltd. today announced that its board of directors approved a proposal for the buyback of equity shares of the company from its existing shareholders. The buyback would be done from the open market through the stock exchanges…
Turner Designs Hydrocarbon Instruments launched the 4100 E09 electronics package for its existing TD-4100XD and TD-4100XDC oil in water monitors. Turner Designs added on-board control and monitoring of two sample streams, including individual calibrations for each stream…
R. STAHL introduces a new signaling solution that withstands extreme environmental conditions, e.g. a wide operating temperature range of 55°C (133° F) to more than 70°C (158°F). The light source is a xenon tube providing a high light output…
Dialight unveiled the SafeSite LED Linear Fixture - Class 1. It is an efficient solution for Class I, Div. 2 certified hazardous applications. The fixture is intended to replace traditional fluorescent and HID lighting fixtures. It is also…
PTTEP and Pertamina signed a 50:50 joint venture to buy Hess' assets off Indonesia for US $1.3 billion. The companies will gain 75% stake in Pangkah field and 23% in the Natuna Sea A field. The Pangkah transaction will be finalized in Q1 2014…
OneSubsea is to provide pump systems for the Total Moho Phase 1bis development in the deep water Moho-Bilondo license offshore Congo. The contract includes a multiphase pump station with two 3.5megawatt high-boost pumps, a power and control module…
60th Annual Census: North American rig fleet gains while activity level drops. In the U.S. and Canada, additions to fleets increased availability, while activity decreased. The global offshore mobile fleet posted another modest gain, with 42 newbuilds entering service in the last year…
International tidal technology and project developer Atlantis Resources Limited bought MeyGen, Europe’s largest tidal power project. Atlantis already held 10% of the company developing the project, MeyGen Limited. It has now bought…
Natural gas from future multi-train LNG developments in Tanzania could now be destined for Asian markets. Singapore-based investor Pavilion Energy is to take a 20% in the joint venture partnership looking to develop natural gas finds in Blocks 1…
T.D. Williamson Offshore Services (TDW) introduced the Clamp Installation Tool (CIT), a lightweight, remote-controlled system that installs any proprietary clamps or fittings on subsea pipelines in need of repair or to prepare for tie-ins to new pipelines…
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…
Allseas Group is to build a second single-lift platform installation and decommissioning vessel that will exceed the lifting capacity of its Pieter Schelte unit by 50%. The new vessel will be able to remove all platform topsides in the North Sea…
Eni Norge provides this video clip of the living quarters being lifted into place at the Goliat FPSO. Lifting the modules, required the use of a crane with the capacity to lift 1.6 million kg, ENI said. The five-level living quarters modules weighed 1100 tonnes…
Cargotec's MacGregor has entered into an agreement to acquire Aker Solutions' mooring and loading systems unit for an enterprise value of approximately EUR180 million. The unit, known by the Pusnes brand name, provides mooring equipment…
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, the US Bureau of Ocean Energy Management (BOEM) today announced that it will hold Gulf of Mexico Central…
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