Oil and gas operators will have to approach the challenge of decommissioning in new ways if the goal of maximizing economic recovery from the UK Continental Shelf (UKCS) is to be achieved, according to a report from professional services firm KPMG…
Borets, a provider for the engineering, manufacturing, sales and service of electric submersible pump (ESP) systems, has successfully conducted a North American field trial of its PMM-PCP system, the first permanent magnet motor (PMM) running…
A portable Intervention Work Over Control System (IWOCS) deployment system developed by Caley Ocean Systems has been used to successfully test the manifold functions on four deepwater subsea manifolds post installation. Image…
Driven by the rapid expansion of shale oil and gas drilling, and production in North America, the world market for oil field specialty chemicals at the service company level reached US$25 billion in 2014, up from nearly $16 billion in 2010…
Engineering firm Plexus' Asian joint venture with Integrated Petroleum Services, Plexus Products, has secured a PETRONAS license to manufacture and supply Plexus’ POS-GRIP wellhead equipment in Malaysia. Plexus believes that with the PETRONAS license secured…
Statoil Petroleum awarded Baker Hughes an eight-year contract to design and supply production chemicals to the offshore Norne field and the deepwater Aasta Hansteen field in the Norwegian Sea. Work is anticipated to begin in July 2015…
Fugro’s multi-purpose drilling, well intervention and geotechnical vessel, Fugro Synergy, is proving her capabilities on a multi-well intervention campaign which recently started in the Gulf of Mexico. The campaign involves utilization of a top-tensioned 6…
Fugro is providing wave measurements to support construction operations at an improved oil recovery (IOR) project on the Norwegian continental shelf, around 225km west of Stavanger. The subsea infrastructure on the Alvheim field…
UK-based Expro Group has been awarded new contracts from Tullow Oil worth more than US$100 million over three years. The contracts will see Expro work across Tullow Oil’s assets in Ghana, including the Jubilee field and the Tweneboa-Enyenra-Ntomme (TEN) field project (see map)…
The Petroleum Safety Authority Norway has granted ConocoPhillips consent to use the Maersk Gallant mobile drilling facility for plugging and abandoning a production well at Eldfisk 2/7 A. Eldfisk is an oil field lying due south of Ekofisk in 70-75m of water in the southern North Sea…
UK well services contractors have predicted they will suffer a 23% drop in revenues in 2015 as they to feel the full effects of the downturn in oil prices. The drop in 2015 revenues would follow a mere 1% increase in revenues in 2014…
Accurate allocation measurement results are a key financial and commercial driver for exploration and production companies. Yet despite limited evidence of the performance of Coriolis and ultrasonic flow meter technology, they are being…
Danish intervention specialist Welltec has entered into a technology collaboration framework agreement with Shell Global Solutions International, an affiliate of Shell, to improve existing or develop new technologies for global application in the energy industry…
Accura Group, based in Wolverhampton, and Peterborough-based Advanced Interactive Materials Science joined forces to manufacture Venturi Flow Meters, using the HIPing process for use with oil and gas production measurements. Venturi Flow…
UK based centranlizer specialist Centek is launching its Inter Casing Centralizer Sub (ICCS) at this week's Offshore Technology Conference. The ICCS is designed to be run as part of a tight tolerance casing string in deepwater, ultra-narrow annulus applications…
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