Deepwater
News
November 22, 2017
Chancellor Philip Hammond today announced a tax measure that will unlock further investment in the UK North Sea by enabling more assets to change hands and allow new owners to provide fresh investment in many mature oil and gas fields.
News
November 22, 2017
The Oil and Gas Authority has received 96 applications for 239 blocks in the 30th offshore oil and gas exploration license round.
News
November 20, 2017
Well-Centric, a leading independent specialist operating in the well integrity and production technology sectors of the oil and gas industry, has secured a contract worth up to £300,000 per year with independent exploration and production company, Chrysaor.
News
November 20, 2017
Emerson’s latest Roxar Downhole Sensor System has been deployed on the Maria field offshore Norway, providing the field’s operator Wintershall with improved well integrity monitoring and offshore safety.
News
November 19, 2017
Can Norway dump $35 billion in oil and gas investments, and simultaneously convince that same industry to throw money into the country’s own fossil-fuel future? After the initial shock of learning that Norway’s $1 trillion wealth fund wants nothing to do with it, the petroleum industry says both are in fact possible.
News
November 17, 2017
Through its recent acquisition of Applied Ultrasonics, Progress Rail, a Caterpillar company, now offers ultrasonic impact technology (UIT).
News
November 17, 2017
A battle of so-called bankruptcy tourists has erupted in New York court, with unclear consequences for global companies and their bondholders.
News
November 16, 2017
Rosneft, as a member of Sakhalin-1 Consortium, successfully completed drilling of the world's longest well from Orlan platform at Chaivo field in the Sea of Okhotsk.
News
November 15, 2017
Oil and gas production from deepwater projects play a significant role in the Nation's energy program. Bureau of Safety and Environmental Enforcement Director Scott Angelle stressed the substantial contribution from deep water and how future exploration and development will be critical to the achievement of energy dominance.
News
November 13, 2017
Hess Corporation has released a statement about the impact on its operations resulting from a fire at the Shell Enchilada platform in the Gulf of Mexico. Shell advised in a statement on Nov. 12 that a plan for repairing the damaged portions of the asset is being developed.
News
November 10, 2017
As the price of oil rises, an international rush is on for Mexico’s untapped deepwater riches.
News
November 09, 2017
Sembcorp Marine, DNV GL, A*STAR’s Singapore Institute of Manufacturing Technology (SIMTech) and National Additive Manufacturing Innovation Cluster (NAMIC) today signed a memorandum of understanding (MOU) to develop disruptive applications in additive manufacturing, drone and digital twin technologies that could revolutionize solutions for Singapore’s offshore and marine (O&M) sector and boost its global competitiveness.
News
November 09, 2017
The opening of the Valemon control room was celebrated today at Sandsli in Bergen. Valemon will be the first platform in Statoil’s portfolio to be remote-controlled from land.
News
November 08, 2017
Abrado Wellbore Services, a multi-string section milling and wellbore clean-out specialist company, has secured its first projects in the West Africa region.
News
November 03, 2017
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for wellbore 7219/12-2 A S, cf. Section 8 of the Resource Management Regulations.
News
November 02, 2017
Engie E&P, the operator of the Cara-license (PL 636) in the Norwegian sector of the North Sea, is increasing the resource estimate. Engie E&P now estimates that the Cara discovery contains 56 to 94 MMboe.
News
November 01, 2017
Commenting on two major North Sea deals completed within the past 24 hours, Deirdre Michie, chief executive at the industry trade association Oil & Gas UK, said the deals are "hugely significant."
News
October 30, 2017
Aberdeen-based AISUS has invested a six-figure sum in upgrading and developing cutting edge inspection technology as it looks to further broaden its range of services and increase its geographical reach to provide its customers with the most efficient, cost-effective technological solutions.
News
October 30, 2017
Plug & abandonment specialists HydraWell targets the oil and gas market with another cost-saving solution: plugging offshore wells without the support of a drilling rig.
News
October 27, 2017
Royal Dutch Shell plc (Shell) and its partners won today three, 35-year production sharing contracts for pre-salt blocks located in the Santos basin, offshore Brazil.
News
October 27, 2017
Statoil Brasil Oleo e Gas Ltd., a subsidiary of Statoil ASA, ExxonMobil Exploracao Brasil Ltda., a subsidiary of ExxonMobil Corporation, and PETROGAL BRASIL, SA, a subsidiary of Galp, were the high bidders for a production sharing contract for the Carcará North Block in Brazil’s second pre-salt offshore licensing round held on Oct. 27.
