Sarah Parker Musarra spoke with FTO Services’ Vidar Sten-Halvorsen to learn more about the new Island Performer intervention vessel, a product of the joint venture between FMC Technologies and Edison Chouest Offshore. The Island Constructor…
Fig. 1: Illustration of riser acceleration vs. wave height. Images from 2H Offshore. Michael Long Ge and Himanshu…
Cheniere Energy Partners L.P. reported its 2Q 2014 results today, with updates on the progress of liquefied natural gas (LNG) facilities on the US Gulf coast. The company reported a US$226.2 million loss for the 3 months ending 30 June 2014…
Forum Energy Technologies, Inc. (FET) completed the expansion of its DYNACON facilities in Bryan, TX. The expansion doubles the square footage of manufacturing space to 110,775sq ft, which includes larger welding and assembly shops. FET also added a 53…
Halliburton’s Landmark Software and Services acquired Neftex Petroleum Consultants Ltd. Neftex is a UK-based company specializing in sequence stratigraphy-based products and consulting for subsurface risk reduction. Neftex’s consistent…
The American Petroleum Institute (API) published new guidelines for the design, manufacture and use of subsea capping stacks, equipment designed as part of industry’s emergency preparedness in the event of a spill at a wellhead on the ocean floor…
The Thermal Integrity Profiler (TIP) was awarded the 2015 winner of the Charles Pankow Award for Innovation by the American Society of Civil Engineers (ASCE). The award celebrates collaboration in innovative design, materials, or construction…
The US Bureau of Ocean Energy Management (BOEM) will extend its public comment period for its new five-year Outer Continental Shelf (OCS) oil and gas leasing plan for 2017-2022, the agency announced on 30 July 2014. BOEM says the decision…
Petroleos Mexicanos, Mexico's national oil company, released 2Q 2014 financial results last Friday. Total sales increased by $15.9 billion pesos (US$1.2 billion), which represented 4% growth year-over-year. The growth is primarily attributed to a 27…
Houston-based Apache Energy found gas and associated liquid hydrocarbons in the Phoenix South-1 well off Western Australia, in the Roebuck basin, before a drill bit failure on 29 July. Over the past two weeks, Apache drilled to a depth…
China National Petroleum (CNPC) and Cupapetroleo (CUPET) signed a framework agreement to increase crude output and production sharing and a cooperation agreement on drilling services in Havana, Cuba on 22 July. Under the agreements, CNPC…
Launched in 2010, CGG’s Oceanic Vega is a purpose-built high-capacity seismic vessel optimized for reduced noise and fuel consumption. It carries DNV-CLEAN notation for the lowest environmental impact. Photo from CGG…
Houston-based William Jacob Management, Inc. (WJM) introduced a modular offshore drilling rig design that reduces deployment costs and improves speed-to-market for upstream operations. The modular offshore rig facility (MORF) is a copyrighted design for a 3000hp modular drilling facility…
Gulf Island Fabrication has signed a cooperation agreement with Bechtel Oil, Gas, and Chemicals, Inc. to work together on offshore projects for the US Gulf of Mexico and abroad. Gulf Island Fabrication will offer its fabrication experience…
A July 2014 poll revealed that if the US produced more oil and natural gas, it would greatly benefit job creation, increase government revenue and strengthen national security. API and Harris Interactive Poll According to a recent…
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