FMC Technologies and Technip announced that the pending, combination between the companies has received a clearance decision issued by the General Superintendent of Administrative Council for Economic Defense, (CADE), the Brazilian antitrust authority…
Norwegian giant Statoil has started drilling at its Mariner field in the UK North Sea using the world’s largest jackup, with a target for first oil set for 2018. Image of the Mariner topsides at DSME…
Renco Elang Energy is set to spud the Amanah Timur-1 exploration well in the South Block A PSC, in the North Sumatra basin of Indonesia. Assuming satisfactory rig inspection by government officials, the well is currently scheduled to spud on 5 December…
Aker BP has completed the integration after the merger between Det norske oljeselskap and BP Norway. Aker BP now operates as one organization with considerable ambitions on the Norwegian Continental Shelf. “Aker BP has been through extensive integration work since we announced the merger…
Audrey Leon speaks with Helix Energy Solutions Group’s David Carr about a new system from the Subsea Services Alliance, which seeks to safely drive down the cost of well abandonment operations in open waters. Helix…
Asset Guardian Solutions Ltd. (AGSL), which specializes in managing and protecting companies’ “hidden assets” such as process critical software, has appointed Mark Steel to the position of business development manager for the UK. The…
Siemens US CEO, Eric Spiegel will leave the company at the end of the year at age 59. Spiegel will be replaced by Judith Marks, effective 1 January 2017. In addition, Lisa Davis has been appointed chair and CEO of Siemens Corp., effective the same date…
BP has sanctioned the US$9 billion Mad Dog Phase 2 project in the Gulf of Mexico, with first production set to start in late-2021. Illustration of Mad Dog 2, from BP. The UK supermajor’s…
India plans to invest US$20 billion in deepwater natural gas development in the next five to seven years, the country’s Oil Minister Dharmendra Pradhan said this week, according to news reports. Image from India's Ministry of Petroleum and Natural Gas…
Centrica plc entered a deal to sell its entire portfolio of gas assets in Trinidad and Tobago to Shell E&P for an initial cash consideration of US$30 million (£24 million). The assets consist of a 17.3% interest in the producing NCMA…
For the offshore oilfield equipment and services industries, 2016 was a difficult year. Douglas Westwood’s Joel Hancock looks forward to see if there is a light at the end of the tunnel. The Maersk…
For the first time, wireless technology has been used downhole on a subsea well. John Sheehan speaks with FMC Technologies to learn more. Communicating beneath the waves. Images from FMC Technologies…
John Sheehan reports from French cables group Nexans’ technology round table, and finds how the firm is staying afloat during the downturn. Nexans’ Skagerrak installation vessel. Photo from Nexans…
Jerry Lee examines Trendsetter Engineering’s Tether BOP system, which aims to curb fatigue and improve wellhead performance. Close-up of a pile top assembly. Images from Trendsetter Engineering…
Elaine Maslin surveys some of the firms creating new solutions for bonded thermoplastic composite pipes. Magma’s 2in jumper being put to the test at Oceaneering’s facility in Houston. Photo from Magma Global…
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