Ocean Installer and McDermott International struck an alliance to pursue and execute North Sea rigid pipelay projects. The new partnership paves the way for a more permanent relationship. Along with Ocean Installer’s expertise and North Sea organization…
Robbins & Myers accepted NOV’s US$2.5 billion takeover bid. Shareholders will receive $60/share. The transaction transforms the engineered equipment and systems supply firm into a wholly-owned NOV subsidiary. The merger remains subject to approval by US and Canadian regulators.
Shell celebrated the relaunch of its Shell Technology Center Houston in January. The expanded facility contains one million square feet of laboratory and office space and houses 2000 Shell scientists and engineers, making it the largest of Shell’s three worldwide technology centers…
Aker to supply Aasta subsea production system SPAR platform on the Aasta Hansteen fieldAker Solutions has signed a contract with Statoil for the supply of a subsea production system for the Aasta Hansteen field development project on the Norwegian Continental Shelf…
Bridon’s new wire rope factory at Neptune Quay.Shipments have begun from a new UK wire rope factory built by Bridon International with future deepwater installation and lifting requirements and challenges very much in mind. Meg Chesshyre joined…
BC Petroleum (a ROC, Dialog Group and Petronas venture) discovered 87m of hydrocarbon pay in multiple zones of the Balai-2 well off east Malaysia. Drilled to 2266m TD, Balai-2 targeted a shallow carbonate reservoir and a deeper series of stacked sandstone reservoirs…
As oil and natural gas production continues to fluctuate at a level well below demand, John Mueller looks at New Zealand’s growing need to aggressively explore the nation’s vast and extensive offshore sedimentary basins.Taranaki Basin, located along the west coast of New Zealand’s North Island…
Dolphin Drilling and Petrobras have agreed to a one-year contract extension for the semisubmersible Borgny Dolphin. The contract, worth US$90 million, extends its deployment until September 2014.GDF Suex E&P UK picked Technip to provide installation…
Nina M. Rach COLLOQUY: Editor's Column 'Innovation isn’t about new products, it’s about changing behavior,” explains Tom Koulopoulos, author of eight business books on the intersection of business and technology, including Cloud Surfing (2012) and The Innovation Zone (2011)…
Although Papua New Guinea has a strong economy resulting from exploitation of its extensive petroleum deposits and abundance of other natural resources ranging from minerals to forest products, the nation is one of the least developed countries in the Asia Pacific region…
Pemex awarded Subsea 7 a US$140 million contract for its Line 60 project in the Bay of Campeche. Subsea 7 will provide engineering, fabrication, and installation of a 16km-long pipeline, two slug catchers, and two cantilever structures. Offshore operations are underway.
Managing access to crucial data while maintaining a secure environment in the offshore communications sector can be taxing for many operators. Whether the information is moving from rig to shore, to the seabed, or to the drilling equipment, offshore communication has a host of inherent issues…
Alaska president John Minge earns BP top spotJohn Minge, BP America Chairman & PresidentJohn Mingé has been appointed Chairman and President of BP America, Inc. and will serve as BP’s chief representative in the United States. He will succeed Lamar McKay…
New next gen IMR vessel heads for North Sea Seven Viking IRM vesselThe cutting edge Seven Viking vessel, designed for operations in the harshest environments is being unveiled and named at a ceremony in Stavanger, Norway, by Subsea 7…
Egypt approves Dana's Nefertiti development The Egyptian government has approved Dana Petroleum's plan to develop the Nefertiti oil field in the Gulf of Suez, the company announced on 29 January 2013.The lease was approved 20 January…
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