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Harsh environment lifejacket

Jul 31, 2013

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…

Increased seal offerings

Jul 31, 2013

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…

New PDC cutter introduced

Jul 31, 2013

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…

Swellable packers introduced

Jul 31, 2013

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…

Welding warrior

Jul 31, 2013

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)…

Floating production: US$11 billion on order

Aug 01, 2013

The floating production sector has been especially active over the past several months. Ten production floaters have been ordered since March, reports International Maritime Associates Inc. (IMA). Contracts include a  $3 billion FPSO for Nigeria (a record price for an FPSO)…

Shell boosts deepwater production in Brazil

Jul 22, 2013

Shell, and its partners, are expecting to boost production with two new deepwater projects at Parque das Conchas (BC-10) and the Bijupirá/Salema fields. 'Offshore Brazil is a key part of our plans to grow our deepwater portfolio – a key component of our global strategy…

Apache to sell GoM shelf assets for $3.75B

Jul 22, 2013

Houston-based Apache Corp.will sell all of its Gulf of Mexico Shelf operations and properties to Fieldwood Energy LLC (Fieldwood), an affiliate of Riverstone Holdings, for US $3.75 billion. Operations include wells that are producing about 100…

NASDrill upgraded

Jul 18, 2013

Aberdeen-based Nautronix enhanced the functionality of the Nautronix NASDrill USBL acoustic positioning systems by incorporating a new transducer design. The company used its acoustic digital spread spectrum (ADS2) signaling technology to house the hydrophone within a ruggedized…

New gyro compass launched

Jul 18, 2013

Germany’s Raytheon Anschütz launched a new generation, maintenance- free gyro compass. The Horizon MF is a strap-down compass system that uses hemispherical resonator gyros (HRG) to measure angular rates for heading calculation. The system…

Shell to shut-in Auger to tie into Cardamom

Jul 17, 2013

With the latest seismic and drilling technologies, the Cardamom development is expected to deliver new production from the deep waters of the Gulf of Mexico to existing infrastructure. Nearly two decades after setting a world water-depth record for drilling and production…

Compact loading stations

Jul 18, 2013

Oklahoma-based Tulsa Power’s offshore loading stations are designed to eliminate hoses being laid on deck and dangling from saddles – avoiding trip hazards; reducing UV exposure, hose kinks and fatigue/breakage failures, and reducing the chance of spills…

Wireless monitoring

Jul 18, 2013

WFS Technologies and Stork Technical Services unveiled their Seatooth Smart CP, a subsea wireless cathodic protection (CP) monitoring system designed for retrofit to existing fields. The system monitors the effects of corrosion by measuring…

Seadrill orders four more UDW drillships

Jul 15, 2013

Seadrill Ltd has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be…

GE completes Lufkin acquisition

Jul 02, 2013

GE Oil & Gas has completed its acquisition of artificial lift technologies and industrial gears firm Lufkin Industries in a deal valued at US$3.3billion. Lufkin, with approximately 4,500 employees in more than 40 countries, manufactures…

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