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…
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…
The Arctic is one of the few areas remaining with large finds to be made. In order to operate and develop fields in the Arctic, new technologies are needed and are being developed, from ice-management systems to innovations in drilling. The…
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…
The European branch of the Intervention & Coiled Tubing Association (ICoTA Europe) has announced the finalists of its Innovation Awards ahead of its annual SPE ICoTA Well Intervention Conference. The award is presented annually to an organization that…
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…
Geoprediction firm Ikon Science has acquired the software, services and intellectual property of Bergen headquartered Terra Geotech AS. Eamonn Doyle, the founder of Terra Geotech, has joined Ikon Science as VP real-time operations, bringing…
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…
Life-saving equipment firm Viking has bought a major stake in IT startup Saatsea. The firm, which will be renamed Viking Saatsea, provides cloud-based onboard training and competence management systems to industry. It was set up…
Three styles of modular fluid distribution manifolds were launched by Parker Hannifin. Two of the manifolds, the Hi-Pro Distribution Manifold (up to 6000 psi) and the Hi-Pro Air Header Manifold (up to 800psi), are based on ball valves for quick on-off control…
MacArtney introduced the new LUXUS Compact Low Light Camera, designed for use in harsh and turbid conditions, where light is limited or artificial. The housing for the LUXUS Compact Low Light Camera is made from sandblasted titanium and features a depth rating of 4000m…
Kazakhstan's Kashagan oilfield has resumed production after its latest delay, a shutdown on September 25 following the detection of a gas leak. Discovered in 2000, it has taken 13 years and approximately $50 billion before production started on September 11…
Production has begun on RWE Dea UK's Breagh gas field in the UK Southern North Sea, the German operator announced on October 14 2013. The first three wells brought into production had an initial total flow rate of 2.75 MMcm/d of natural gas…
Petroleo Brasileiro (Petrobras) completed its semisubmersible P-55 floating production, storage and offloading (FPSO) vessel nearly six years after it was contracted. It passed testing and certification in the Rio Grande dock (ERG-1). The…
J. Michael Yeager, the former head of BHP Billiton Ltd. (BHP's oil and gas division), was named CEO of Maverick Drilling & Exploration Ltd., an explorer based in Australia and focused on the U.S. Don Henrich will retire as Maverick’s…
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