There is growing interest in ‘cold based' operations which dispense completely with the gases, ignition sources, flames and hot work associated with welding for piping repair construction, modification and tie-in work, especially on ageing offshore infrastructure…
The European Chapter of the Intervention & Coiled Tubing Association (ICoTA) recently presented is Innovation Award to Schlumberger Slickline’s global perforating and remedial services domain champion, Matthew Billingham, in recognition…
Hunting has completed the acquisition of Specialty Supply for an initial cash consideration of $31 million. Located in Houston, Specialty manufactures precisionmachined MWD parts used in directional drilling markets worldwide.Lankhorst Mouldings and…
Combining Alternate Path shunt tube technology with concentric sandface completion systems is improving operational efficiency and economics while bringing new life to old offshore wells in Malaysian waters. Here, Schlumberger's Shahryar Saebi and Sergey…
Mooring Chevron's Jack/St MaloMore than 164,000ft of polyester mooring rope plus accessories and field inspection support services are to be supplied by Parker Hannifin's energy products division for Chevron's Jack/ St Malo floating production unit…
FirmsTechnip acquired Global Industries in a deal worth $1.07 billion and expected to close early 2012. Technip sees the merger increasing its market reach in the Gulf of Mexico, Asia- Pacific and Middle East regions. Global Industries currently has about 2300 employees and operates 14 vessels…
Securing safe, smart, sustainable supply' provided the theme for SPE Offshore Europe, the biennial Aberdeen conference and exhibition that continues to bring in the crowds. A record-setting 32,025 unique visitors attended September's show. OE's Jennifer Pallanich…
Australian contractor Clough is selling its offshore marine construction business to Malaysia's SapuraCrest Petroleum in a cash deal worth roughly $129 million. The sale includes the Java Constructor derrick lay barge, Clough's interest in the…
Having established itself as the largest independent provider of onshore drilling services in Russia, Eurasia Drilling Company is now looking to have a bigger say in the developing CIS offshore market. David Morgan reports.Eurasia Drilling Company's…
Integrating several imaging and modeling technologies can reduce exploration risk. Ian Bryant (Schlumberger) and Paul Xu (formerly of Ipex) present an integrated basin and petroleum system study that predicted many oil and gas accumulations in a relatively unexplored region offshore Brazil…
National Oilwell Varco is acquiring California-based fiberglass pipe manufacturer Ameron International in a deal valued at approximately $772 million. Subject to Ameron shareholder approval, the transaction could close as early as the fourth quarter…
Andrew McBarnet detects a rebuilding of industry confidence in marine controlled source electromagnetic surveys after a troubled period for the operators of the technology.It is now almost exactly 10 years since a somewhat historic scientific…
The name Petrobras these days invokes thoughts of large, pre-salt discoveries, for good reason. Since announcing the Tupi pre-salt find in 2006, the Brazilian operator has made giant strides in developing and refining the technology needed to find and produce the oil hiding beneath the salt layer…
Rowan Companies is selling all its shares in manufacturing subsidiary LeTourneau Technologies to Joy Global in a $1.1 billion cash deal. Rowan acquired LeTourneau, which built the majority of Rowan's jackup rig fleet, in 1994. Rowan president…
As an indicator of the health of the oil & gas industry, attendance at May's Offshore Technology Conference in Houston suggests that recovery from the global recession is well underway. OE looks back over some of the sights and sounds of OTC 2011…
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