Stress Engineering Services News

 

Worley, BP Sign Offshore Engineering Frame Agreements

May 20, 2020

Australia-based global engineering company Worley has signed two frame agreements with oil major BP for the provision of offshore engineering services.Worley said Wednesday that one frame agreement was for conceptual engineering and the other…

Petrobras' Cash Burn could Reach $1B a Month

May 11, 2020

Brazilian oil giant Petrobras said on Friday that its cash burn could reach $1 billion a month in periods of extreme stress and volatility, noting the current level of uncertainty in being able to accurately predict spending.The state-owned firm…

U.S. Oil Futures Plumb Historic Sub-Zero Lows, Brent Plunges

Apr 21, 2020

U.S. oil futures continued to trade in negative territory on Tuesday, after closing down nearly $40 on Monday in their first-ever sub-zero dive, as concerns grew the United States will run out of storage for a glut caused by the coronavirus lockdown…

Boskalis Buys Salvage Firm Ardent Americas

Apr 09, 2020

Dutch dredging and marine services giant Boskalis has acquired the U.S.-based maritime emergency response specialist Ardent Americas.Ardent, created by the 2015 merger of salvage divisions of Svitzer and Crowley, specializes in emergency preparedness and response…

Endur Saves Endur Industrier

Feb 27, 2020

Norwegian company Endur has struck a deal with the bankruptcy estate to buy back Endur Industrier, a part of the recently bankrupted Endur Energy Solutions.As previously reported, Endur Energy Solutions, a provider of maintenance, modification…

Fit for Life

Feb 24, 2020

Ensuring assets remain safe and sustainable through quantitive engineering analysisAs the world continues to demand energy sources, there is mounting pressure on hydrocarbon producers to find new reserves and extract more from existing assets…

DNV GL, DNO Pact on North Sea

Dec 17, 2019

The international accredited registrar and classification society DNV GL has been awarded a framework agreement by the Norwegian oil and gas operator DNO ASA to provide a broad portfolio of engineering and management support and verification services to support the operator…

Sandvik to Supply OCTG for ADNOC

Nov 10, 2019

Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, said it has entered into a long-term agreement with Tenaris to supply Oil Country Tubular Goods (OCTG) following its…

Bauer Tests Piles for OWF in France

Oct 06, 2019

German construction and machinery manufacturing firm Bauer Spezialtiefbau has tested onshore piles at the Saint-Brieuc offshore wind project in France to gather data for the design of foundations.The engineering outfit  designed, installed and…

Schlumberger Unveils TerraSphere

Sep 03, 2019

A new high-definition dual-imaging-while-drilling service from Schlumberger has been introduced to overcome geomechanics-related challenges and provide geological characterization in real time.The new service, TerraSphere, introduced at the…

Hunting Acquires RTI Energy Systems

Aug 16, 2019

London-headquartered energy services group Hunting said it has acquired the business and assets of US-based riser technologies manufacturer RTI Energy Systems (RTIES) for a total cash consideration of $12.5 million, funded from existing cash resources…

Digital Assisted Monitoring & Maintenance

Mar 08, 2019

The offshore industry continues to find new ways to use machine learning and artificial intelligence to become more efficient, improve safety levels, and increase production. Stress Engineering Services is leveraging those technologies along…

Stress Engineering Delivers Monitoring System to Noble Corporation

Oct 04, 2018

Houston-based Stress Engineering Services has delivered a state-of-the-art real-time drilling riser and wellhead monitoring system (RFMS), in conjunction with its Condition Based Maintenance (CBM) process for Noble Corporation’s ultra-deepwater drillship Noble Tom Madden…

Supermajors lean on KRYPTOSPHERE in GoM

Jul 26, 2017

CARBO Ceramics announced KRYPTOSPHERE HD has been utilized by all supermajor E&Ps operating in the Gulf of Mexico, for deep, high stress wells.  KRYPTOSPHERE HD is the leading ultra-conductive, high strength ceramic proppant. It was initially…

Sheffield Forgemasters lands SHI GoM contract

Jul 05, 2017

Sheffield Forgemasters' offshore oil and gas specialist, Vulcan SFM, secured a US$7.1 million (5.5 million GBP) contract with Samsung Heavy Industries (SHI) to supply 73 steel castings ranging from 0.5-tonne to 19.5-tonne, for a semisubmersible oil platform…

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