Over the past week, the government shutdown has steadily crept into more sectors of the oil and gas industry. The Energy Information Administration (EIA) shuttered today, sending a message to subscribers at 1 pm ET that it would furlough…
Houston-based Annova LNG, LLC, has filed an application with the US Department of Energy (DOE) to receive authorization to export domestic LNG to free trade agreement (FTA) countries. While the Office of the United States Trade Representative…
Statoil ASA is extending its production stoppage in the Njord oilfield, located in the Norwegian Sea, to reinforce a drilling platform. Production was originally halted on July 27 due to some small deformations found in some beams and other structural elements in the deck framing…
Shell announced that production has begun from the second development phase of the Parque das Conchas (BC-10) project, located off Brazil’s southeast coast. The BC-10 project is comprised of several subsea fields which are tied back to the Espírito Santo FPSO vessel…
Thalassa has agreed a deal to buy Go Science for £3.6 million from administrators. Go Science, which employs six people, provides mobile sensor grid services and products, in the UK and overseas, to the oil and gas, defense and homeland security sectors…
Barrier Group has acquired a 49% stake in a North East-based rubber product manufacturing company. The Wallsend-based company has bought the share in Tyneside’s Aquaseal Rubber with the aim of helping to expand the business’ presence in to wider markets…
A federal advisory committee tasked with improving extractive industry reporting transparency, will host a public meeting from 4-7 p.m. Tuesday, Sept. 24, at the Fire Fighters Conference Center, The Greer & Lowdermilk Conference Center, 4225 Interwood North Pkwy…
Abu Dhabi-based subsea engineering and diving services firm DCN Global has been bought by Fugro Subsea Middle East. The company, which will be renamed Fugro Subsea Services (Middle East), has primarily operated in the Middle East, Caspian and African regions…
3M has launched SecureFit Protective Eyewear, the first range of eyewear to feature pressure diffusion temple technology, providing personal comfort and security of fit. SecureFit self adjusts to the size and shape of the wearer’s head, reducing slippage and movement while in use…
Marathon Oil is to sell its 10% interest in deepwater Block 32 offshore Angola to Sonangol for about US$590 million. The firm also announced plans to repurchase US$1 billion of its common stock and buy about 4800 acres in the core of its south Texas Eagle Ford position…
Shale gas, and now tight oil has seen an unprecedented increase in energy supply in North America. It has entirely changed the energy landscape, resulting in a dramatic fall of the gas price and reversing long-term decline in US oil supplies…
Representatives from Brazil’s government and oil and gas industry advocated strongly for British investment at UKTI’s panel discussion on Brazil Tuesday morning. “Several companies are going to Brazil, and now is the time to go,” said Carlos Camerini…
Scandinavia’s oil and gas industry, focused on Norway and Denmark, is expecting a resurgence. Espen Erlingsen looks at trends in the sector. The North Sea is characterized by large, producing platforms with declining production. To stop the falling production in the North Sea…
I am very excited about the future of the oil & gas industry in the North Sea and internationally. The theme of this year’s SPE Offshore Europe conference is The next 50 years – but 50 years ago no-one could have predicted the way the UK oil & gas industry would develop or how we operate now…
Hydratight launched the quick release nut, which uses the latest technology to reduce disconnection times to less than five seconds per stud. The nut uses imbedded hydraulic cylinders and incorporates a unique three segment nut design, set into a cage…