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…
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…
Recent offshore drilling by Apache and Anadarko help gauge the potential of the Lamu basin. Vision 2030 is Kenya’s development strategy which aims to transform the economy and “create a globally competitive and prosperous nation with a high quality of life by 2030…
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…
ONGC Videsh Ltd. (OVL) and Oil India Ltd. (OIL) have agreed to purchase Videocon Mauritius Energy Ltd.’s 10% share in the Rovuma Area 1 Offshore Block in Mozambique (Area 1) for US $2.47 million. The acquisition will give OVL 60% stake and OIL 40% stake in Area 1…
Marathon Oil has agreed to sell its 10% working interest in Block 31, off Angola to China Petrochemical Corp. (Sinopec) for US $1.5 billion.. The companies anticipate closing 4Q 2013, with an effective date of January 1, 2013. The transaction will bring Sinopec’s stake in Block 31 to 15%…
Engineering and construction firm Foster Wheeler has bought Aberdeen-based upstream consultancy Ingen Ideas. Ingen specializes in field development and project decision support, focused on the evaluation and implementation of oil and gas field developments…
Kongsberg Mesotech Ltd announced the release of the 1171 Series Multi Frequency High- Resolution Fan/Cone Sonar Head.The operating frequency of the cone transducer can be selected by choosing one of four frequencies and the frequency of the…
The Energy Technologies Institute (ETI) and HR Wallingford unveiled a tidal energy modeling tool for use by tidal energy developers to identify the most efficient sites for tidal energy converters, tidal arrays, or tidal barrage schemes around the UK and French coastlines…
Produced Water Absorbents of Ohio launched its Osorb technology at OTC 2013 for the treatment of oil and gas wastewater streams. Osorb is a regenerable granular media, which PWA says removes up to 99% of free, dispersed, emulsified and soluble hydrocarbons…
Carrolton, Texas,-based Varel International l a u n c h e d i t s Katana-series steel body polycrystalline diamond compact (PDC) drill bits. Varel’s PDC Product Manager Cary Maurstad describes the line as a definitive enhancement for the company’s fixed cutter…
At OTC Fincantieri unveiled a new next generation drillship design, Overdrill, created with support from Norway’s Aker Solutions. The vessel, at 208m long and 40m wide, accommodating 210 people, aims to be smaller than existing units through…
Subsea monitoring outfit Naxys has gained access to top research facilities after being bought out by global giant GE. Naxys’ work in the field of subsea monitoring systems led it to be snapped up by Measurement & Control, a business of GE Oil & Gas earlier this year…
Subsea 7 officially opened its Global Pipeline Welding Development Centre (GPWDC), the result of a £10million in its operations base at Clydebank, Glasgow. The center is to develop welding technology for deployment globally and follows…
A new satellite platform built in the north east of England is due to float out of its yard tonight (May 29) to be installed 177km off Aberdeen. The 6338ton Forties Alpha satellite platform (FASP) topsides is part of a £400million project…
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