At Subsea Expo, Subsea UK has announced that it will sponsor an initiative which inspires budding subsea engineers for a second year. The body which represents the US$13.1 billion (£9 billion) subsea industry has now committed over $29…
Statoil Petroleum has received consent from the Petroleum Safety Authority (PSA) of Norway to use the COSLInnovator mobile drilling facility for drilling, completion, intervention, workover and well plugging on the Troll field. COSLInnovator…
VAALCO Energy has announced a re-sequencing update to its drilling and workover program offshore Gabon in the Etame Marin block. Previously announced on 16 September 2015, VAALCO planned to mobilize the Transocean Constellation II jackup…
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…
Subsea Riser Products (SRP) and part of its marine risers and moorings business, has secured a contract to develop and qualify its Nimway 510 and Nimway 710 completion and workover riser connectors for GE Oil & Gas. The connectors are designed for water depths of up to 3000m…
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…
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…
UK-based international oilfield services company Expro has won a four-year, US$45 million contract offshore Canada with Statoil in the Flemish Pass Basin. The contract, which includes options for two one-year extensions, will include…
Subsea well intervention activities are expected to flourish over the next five years, predicts analysts Douglas Westwood. Despite the recent plunge in oil price, the firm says it expects the global subsea wellstock to increase over the period by 41%…
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