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OTC.13: Bosch Rexroth Marine opens Offshore Technology Center

May 09, 2013

A new marine and offshore applications development, support, and certified service center is now operational in Houston, TX. This is Bosch Rexroth’s next step in a nationwide strategy to align technology hubs in key geographic markets. The company will officially open the facility in summer 2013…

First oil from Apache's Tonto

May 02, 2013

Apache Corp. announced that its Tonto oil field in the United Kingdom sector of the North Sea commenced production on April 24, 2013. Tonto-1, the first producing well, came on stream at an initial rate of 10,346 b/d. Apache holds a 100% working interest in the Tonto Field…

Dana spuds a new exploration well

Apr 26, 2013

Aberdeen-based Dana Petroleum has spudded a new exploration well in the Southern North Sea from its De Ruyter platform. Dana is drilling the P11-08 exploration well using the jackup Noble Lynda Bossler, in the production licence P10a…

RPS buys Houston firm

Apr 22, 2013

Knowledge Reservoir, a leading global energy consulting company, announced today its acquisition by RPS Group plc (RPS).RPS is a global, multi-disciplinary consultancy providing advice upon the exploration and production of oil and gas and other natural resources…

Long winter mutes North Sea activity

Apr 18, 2013

The UK’s prolonged winter muted drilling and deals growth in the North Sea after a strong finish to 2012, according to a new report from Deloitte, the business advisory firm, into offshore activity. The report, compiled by Deloitte’s Petroleum Services Group (PSG)…

Tapered stress joint

Apr 16, 2013

A new tapered-stress joint is under development by UK-based pipe design and manufacturing firm Magma Global. The company is working alongside major oil companies Chevron, ExxonMobil, Shell, Statoil, and Petrobras, to develop the joint using Magma’s m-pipe technology…

PSVM production starts

Apr 10, 2013

BP began production from the PSVM development in block 31, off Angola. Three wells at the Plutao field are expected to increase production at PSVM to about 70,000b/d of oil. Output will increase to 150,000b/d once Saturno, Venus, and Marte fields come online later this year and next…

Conical diamond technology

Apr 16, 2013

Smith Bits, a Schlumberger company, introduced the Stinger conical diamond technology last month. The bit features an ultrathick polycrystalline diamond layer that is thicker than conventional PDC cutters. The Stinger element enables high-point loading to fracture rock more efficiently…

Subsea thermal insulation

Apr 16, 2013

Dow Corning presented its new XTI-1003 RTV Silicone Rubber Insulation at the 2013 Subsea Tieback Forum & Exhibition held last month in San Antonio, Texas. The technology is a solid, non-syntactic thermal insulation solution designed for HPHT deepwater equipment applications…

BOP control systems

Apr 16, 2013

Oilfield services provider Oceaneering International is to provide a Transocean subsidiary with subsea blowout preventer control systems for three existing semisubmersibles. The contracts cover three discrete hydraulic systems. Transocean…

Manual gear operators for Chinese natural gas project

Apr 16, 2013

Rotork’s compact 242 Series manual gear operators are entering deployment in China. The company received orders from China Valves Hanwei for an undisclosed natural gas project. The 242 Series manual quarter-turn gear operators are ideal for low-torque applications…

BOEM completes SEIS review

Apr 11, 2013

The Bureau of Ocean Energy Management has released a Final Supplemental Environmental Impact Statement (SEIS) for proposed oil and gas Lease Sales 233 and 231, the third and fourth sales scheduled in the current 2012-2017 Five Year Program.(Image…

Aker Solutions wins Solan work

Apr 11, 2013

Aker Solutions has won a contract to provide hook-up, commissioning and facility management services to Premier Oil at the operator's Solan field development, west of Shetland.The hook-up project will see two subsea production and two subsea…

Sweden's Trelleborg buys UK firm

Apr 09, 2013

Sweden's Trelleborg has, through its business area Trelleborg Offshore & Construction, signed an agreement and finalized the acquisition of the UK company Ambler Technologies Ltd.The company, based in Lancashire, develops and produces composite…

PSVM starts production

Mar 27, 2013

Production has begun from BP and Sonangol’s PSVM development in block 31, off Angola. The PSVM development, BP’s second operated development in the country, consists of four oil fields: Plutão, Saturno,Vénus, and Marte. Three wells at the Plutão…

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