Technology News

 

Total, Petrobras form exploration pact

Dec 22, 2016

Total and Petrobras have agreed to work together on exploration and upstream technology, which will see Total become a partner on two pre-salt licenses in the Santos Basin. Image from Total. The licenses are the BMS-11 license…

Schlumberger inks double Transocean deal

Dec 21, 2016

Cameron, a Schlumberger (SLB) company, has signed two 10-year pressure control equipment management service contracts on behalf of Transocean valued at greater than US$350 million.  The first contract calls for Schlumberger to manage Transocean’s Cameron risers in the Gulf of Mexico…

Saipem completes Innovator 2.0 sea trials

Dec 21, 2016

Saipem has successfully completed sea trials of its new remotely operated vehicles (ROVs), the Innovator 2.0, and has obtained a declaration of compliance with Norsok U102 standards, as well as DNV GL certification.   Innovator 2.0, a…

Seatools adds to compensator range

Dec 21, 2016

Seatools, a Dutch subsea technology company, introduced their new subsea hydraulic compensator range: the Advanced series. This subsea compensator range, based on the preceding Hyco range, is designed for improved robustness, durability, and standardization…

Emerson releases Roxar API

Dec 20, 2016

Emerson Automation Solutions has launched the Roxar API (Application Programming Interface), its extensibility solution for reservoir modeling and, in particular, for Roxar RMS. The Roxar API is designed to help operators customize their workflows to achieve specific goals…

Fugro’s G4 optimizes Galileo

Dec 16, 2016

As a result of a significant Fugro technology achievement, users of its G4 satellite correction service will be among the first in the world to benefit from Galileo’s much anticipated “initial services” launch, the company said. The launch…

Norvestor invests in READ Cased Hole

Dec 15, 2016

Norvestor VII L.P. and Norvestor VII OS L.P., funds managed by Norvestor Equity, has signed an agreement to invest in Aberdeen-based READ Cased Hole, an independent provider of production logging and well integrity evaluation services.  “In READ Cased Hole…

FES develops CALM Buoy Swivel

Dec 15, 2016

Flexible Engineered Solutions International (FES), a supplier of fluid transfer systems to the oil and gas offshore industry, has developed the CALM Buoy Swivel for a major manufacturer of marine equipment, based in China.  The CALM Buoy Swivel…

AGR, Netscenario form digitalization pact

Dec 15, 2016

AGR Software and Norway-based Netscenario have joined forces to bring digital and automation expertise to companies across the oil and gas industry. Image from AGR. The partnership…

Wärtsilä, CSSC sign licensing agreement

Dec 13, 2016

Wärtsilä has signed a manufacturing license agreement with Jiujiang Precision Measuring Technology Research Institute, a subsidiary of China State Shipbuilding Corp. (CSSC), based in Jiujiang, China. The two-way agreement provides CSSC with…

Nucore Group forms, appoints CEO

Dec 13, 2016

A new company, Nucore Group, has been established to create a topside engineering services group of companies.  Backed by Lonsdale Capital Partners, Nucore Group currently oversees the management of Oteac and HVAC & Refrigeration Engineering (HVAC&R)…

Lokring Northern expands Aberdeen office

Dec 13, 2016

Lokring Northern (UK), a provider of advanced fluid and gas transfer connectors, has expanded its Aberdeen office. The new premises are double the size of the previous Aberdeen headquarters, with capacity for improved training facilities and office space…

Geokinetics to acquire Geotrace IP and assets

Dec 12, 2016

Geokinetics, a provider of integrated seismic data acquisition, processing and reservoir analysis solutions, will acquire the intellectual property and legacy assets of Geotrace Technologies, a provider of seismic imaging and reservoir analysis services…

Subsea 7 awards EnerMech Australian contract

Dec 12, 2016

EnerMech has been awarded its first contract by Subsea 7 in the Australian oil and gas market. The mechanical engineering group will perform a range of subsea flowline and umbilical pre-commissioning on the Woodside-operated North West Shelf…

ALE in final stages of UZ750 operation

Dec 12, 2016

ALE is approaching the final stages of its load-out operations for the Upper Zakum 750 Island Surface Facilities (UZ750) Project, based 84km offshore, northwest of Abu Dhabi, UAE. The heavy lifting contractor secured the scope to deliver almost 100 different modules to the north…

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