Indian energy firm ONGC Videsh Limited (OVL) has agreed to buy a 10% stake in the Rovuma Area 1 block, offshore Mozambique, from Anadarko, for US$ 2,640 million. Area 1 covers about 2.6 million acres in the deepwater Rovuma Basin and…
Great Yarmouth, UK, headquartered energy services firm 3sun Group has bought RRC Controls Services as part of its plans to grow in Aberdeenshire. RRC, based in Gourdon, Aberdeenshire, manufactures subsea control systems for the offshore oil and gas industry…
East Africa-focused oil and gas exploration company Aminex is to be led by the founders of private Maldova-focused exploration firm Canyon Oil and Gas. Canyon's co-founders Jay Bhattacherjee and Philip Thompson will become Aminex’s chief executive and chief operating officer…
Black Elk Energy has released a new, third-party investigative report concerning the fire and explosion on the West 32-E platform that killed three contract workers. The findings take a hard look at the contractors involved in maintenance operations prior to the incident…
The TUP (transfer under pressure) Diving System, designed and built in-house by N-Sea, has undergone a refit and been converted to allow it be used as a mobile system, deployable from most DPII support vessels and platforms. The system will be online August 2013…
Maersk Oil launched the web-only video game Quest for Oil early this summer with the aim of making the oil and gas industry more accessible. OE discusses the strategy behind the game with CEO Jakob Thomasen. Maersk Oil launched the video game…
SPEX Group, an Aberdeen-based provider of technology solutions and services to the oil and gas industry, won an excellence award for its success in the Technology Innovation category and was jointly named rising star at the Scottish regional judging of the PwC / HSBC Private Business Awards 2013…
Autonomous Surface Vehicles (ASV) won the second phase of the recent SBRI competition to develop a long endurance marine unmanned surface vehicle (LEMUSV). ASV will undertake the detailed production design, build, commissioning and sea trials of a fully operational…
AW-Lake Company launched its SABRE Turbine flowmeter for the subsea market. To keep the electronics dry and in a pressure-regulated environment, the meter was designed with integral, sealed electronics, allowing more valuable real estate in the subsea electronics module canister…
VIKING Life-Saving Equipment introduced a new dual-approved thermal lifejacket with broad appeal for the offshore and commercial shipping industries operating in harsh, cold environments. The PV9720 has been tested and approved according…
Precision Polymer Engineering (PPE) broadened its range of advanced sealing. The new products are a range of spring seals—elastomer seals which incorporate a spring and are suitable for applications encountering high pressures, high temperatures or aggressive media and environments…
Baker Hughes launched their MPRESS™ drilling fluid system, which allows operators to reduce stand pipe pressure and apply more horsepower to the bottomhole assembly and drill bit, increasing rates of penetration and decreasing non-productive time…
ESAB’s new Warrior cutting tool is a heavy-duty, multi-process welding machine with wire feeder. It was developed for reliability, minimal downtime, and maximum productivity. The machine will perform MIG/MAG (metal inert gas/metal active gas)…
Smith Bits, a Schlumberger company, released the ONYX 360° rolling polycrystalline diamond compact (PDC) cutter. This technology enables a PDC cutter to rotate 360° while drilling, improving drillbit durability in abrasive formations and extending drillbit life and footage drilled per run…
TAM International Inc. established a new line of TAM FastSwell™ elastomers, adding to their extensive FREECAP® swellable packer product offering. TAM FastSwell™ provides a fast, controlled swell time at lower temperatures and high salinities…
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