Aker Solutions is to carry out a study on a design for a floating production, storage and offloading (FPSO) vessel for Lundin's Alta and Gohta oil development in the Barents Sea, offshore Norway. The work is under a new three-year framework…
After more than a year since Bumi Armada Berhad’s chief executive officer (CEO) Hassan Basma stepped down, the board has appointed Leon A. Harland as its new CEO. Harland. Image from Heerema. Harland…
Amec Foster Wheeler's outspoken CEO Samir Brikho has stepped down today, the firm announced this morning. Ian McHoul, the firm's CFO, has been appointed into the role of interim CEO with immediate effect and will chair the group leadership team while the search for the new CEO is conducted…
The shortlist for the 2016 Offshore Achievement Awards, supported by OE, has been announced today. With approximately 100 entries received this year, a record since the awards were re-launched in 2011 by the Society of Petroleum Engineers (SPE) Aberdeen Section…
In 2016, Bruce Clement will step down from his position as managing director and CEO of AWE Ltd., after five and a half years of being in the role. Image of Clement. From AWE. According to AWE…
Gregory Hale shows how web-based software utilizes high definition photos and video to extend the life of aging assets. Screen capture of a web-based software solution that utilizes high definition photo and video technologies…
An approach to modeling and simulation combining subsea electrical and fluid systems can facilitate a better understanding of the interaction of long-distance tiebacks supplied by step-outs. ABS’ Milton Korn explains. Subsea pipeline…
Trelleborg Sealing Solutions has produced a new innovative seal for a 'ground-breaking' valve designed by Schoolhill Hydraulic Engineering for BP’s Shah Deniz field. The high-flow, high-integrity, safety critical subsea quick exhaust valve (QEV)…
Houston-based Oceaneering International is diving further into the subsea sector with the acquisition of a minority interest in the UK’s Viper Subsea Technology. Image from Oceaneering. The deal…
Speaking this week as the 2015 recipient of the Energy Institute (EI)'s Cadman Award, Malcolm Brinded, chairman of Shell Foundation, has called for increased focus on breakthrough technology and business innovations to respond to the challenges of international development…
Statoil will make adjustments to the company’s structure and operating model to become a more “cost- efficient and fit-for-the-future” organization, it reports. The changes are part of the ongoing Statoil Technical Efficiency Program (STEP) and Organizational Efficiency (OE) programs…
Oil and gas firms must learn lessons from other UK industries and fundamentally change the way they operate if they are to successfully compete for international investment and maximize recovery across the UK continental shelf (UKCS) over the next 25 years…
Subsea firms FMC Technologies and Technip are forming an exclusive alliance and launching Forsys Subsea, a new 50/50 joint venture. The firms say the alliance will 'redefine the way subsea fields are designed, delivered and maintained'…
A “total reinvention is the level of change that is needed” for the North Sea to move forward and continue to be competitive, energy leaders heard in northeast England yesterday (11 March). The North Sea’s mature status, high costs,…
'Through-cycle' UK-based oilfield engineering and services firm Wood Group has weathered the oil price down-turn with an increase in revenues and profits in 2014. But, the firm said it would continue to take action to increase efficiencies…
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