The National Offshore Petroleum Titles Administrator (NOPTA) has granted a six-month extension to the permit year 5 of NT/P68 located offshore northern Australia, said MEO Australia Ltd. Permit year 5 will now end 26 October, plus give…
FMC Technologies will be recognized at the Offshore Technology Conference (OTC) next week with the presentation of a Spotlight on New Technology Award. The award, which honors innovative technologies that significantly impact offshore exploration and production…
On 9 April, thought leaders in the offshore oil sector held an industry discussion focused on the importance of sustainable safety in the offshore oil and natural gas industry. The group included Jack Gerard, president and chief executive for the American Petroleum Institute (API) Randall Luthi…
NEOS GeoSolutions (NEOS) completed a neoSCAN study over an approximately 20,000sq km area of investigation (AOI) along the South Atlantic Margin. As part of this project, NEOS integrated and simultaneously interpreted several existing…
Aqualis Offshore completed the marine warranty services for the dry transportation of the mobile offshore drilling unit Valiant Driller jackup from Indonesia to India, where it will operate for ONGC. Aqualis currently provides marine warranty services on 26 rigs offshore India…
ConocoPhillips contracted SpeedCast International Ltd., over a multi-year, multi-million dollar agreement for the delivery of satellite communication services to the company’s down under operations. Located 250km southwest of Suai in…
Singapore’s Swiber Holdings clinched a sum of US$405.6 million for a series of contracts, including its latest $333 million agreement for engineering, procurement, installation and construction (EPIC) services in India. This contract…
Siemens has introduced the new Siemens SWT-7.0-154, a generator upgrade to seven megawatt (MW) which delivers nearly ten percent more energy production than the predecessor under offshore wind conditions. Stronger permanent magnets…
Royal IHC (IHC) has integrated four of its business units – IHC Hydrohammer, IHC Handling Systems, IHC Sea Steel and IHC Fundex Equipment – into one new organization, operating under the name IHC IQIP. All four IHC business units have already proved their capabilities on a global scale…
Industry cost-cutting and job cuts will get worse before it gets better, industry leaders told a business seminar in Aberdeen on 3 March. But, despite the gloom, they also said that the industry also needed to send out a more positive message…
Petrotechnics has completed the implementation of its Proscient software platform on two UK offshore assets operated by Nexen Petroleum UK, a wholly owned subsidiary of China National Offshore Oil Corp. The platform will play a key role…
Applus RTD will exhibit its RTD Plant Master technology at several upcoming conferences in the coming months. RTD Plant Master is a permanently installed, monitoring system, based on ultrasound, which provides continuous wall thickness…
Austria's OMV says it is to delay projects, setting back its production targets, due to the 'rapid fall' in oil prices. CEO Gerhard Roiss said the fall in Brent oil prices by 58% since a high in mid-2014 represented a 'seismic shift' for the industry…
Distributed offshore engineering users of SACS V5.7 are benefiting from the extended information mobility provided through the software’s integration with the ProjectWise project delivery solution as well as enhanced integration with both MOSES and AutoPIPE…
SeaBird Exploration has signed a letter of intent for use of the Northern Explorer for a 2D seismic survey offshore West Africa. The survey will cover about 1700km and is worth about US$1.3 million. The project is expected to start in February and last two weeks.
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