Transocean is to create a new business unit called Caledonia Offshore Drilling Company to run its eight-strong North Sea midwater drilling rig fleet. The company expects to establish the new business unit during 2H 2014 and, at an appropriate stage…
Wood Group subsidiary Wood Group PSN has put its money where its mouth is and announced plans to address cost escalation in the North Sea by reducing rates paid to its UK-based onshore contract workers. The firm said the move was in response…
Brazil's desire to fast-track development of the huge Libra pre-salt discovery will require flexibility in enforcing local content regulations, CEO Oswaldo Pedrosa of Pré-Sal Petróleo S.A. (PPSA), the new state-owned company representing Brazilian national interest in pre-salt ventures…
ION Geophysical Corporation subsidiary GX Technology (GXT) group has been awarded a multi-year contract with Petroleos Mexicanos (PEMEX), the national oil company of Mexico. Under this contract, GXT is providing a broad range of seismic…
Umbilical, cable, and IWOCS firm JDR is increasing its global footprint with the opening of a new service and maintenance facility in Brazil. The JDR facility will be the latest addition to the bustling port city of Macaé when it opens for business in Q3 of 2014…
The first meeting of a new knowledge-sharing forum on subsea integrity management practice will take place in Houston during OTC week. The SURF IM Network is being led by Wood Group Kenny with support from the Industry Technology Facilitator (ITF) and 13 operating companies…
Craig International Supplies (CIS) has been awarded new contracts with Shell which will almost double the turnover of its business. The contracts will increase the international reach and buying power of the procurement division of Scottish family-owned energy services and shipping firm…
Hoover subsidiary Hoover Container Solutions has launched a new DOT/DNV certified Mud Skip/Cutting Box to its offshore product line for transportation and safe handling of hydrocarbon contaminated drill cuttings to and from offshore platforms…
EMAS AMC have awarded welding specialist Serimax a long-term frame agreement to provide comprehensive welding services for their global spool base operations. EMAS AMC said the global frame agreement will further strengthen its…
French seismic acquisition equipment firm Sercel's subsidiary Metrolog has launched iScope, an industry-first downhole monitoring system for fast, efficient and frequent retrieval of pressure and temperature data during well testing operations…
Emerson Process Management has today announced the successful first deployment of its Roxar Downhole Wireless PT Sensor System. The new instrument has been deployed as part of the completion on Statoil’s Skuld field in the Norwegian North Sea…
In a press conference during OTC, Wild Well announced a joint agreement with Check-6 to develop the next generation of well control training for the oil and gas industry. The partnership will result in a new standard of training by providing…
ABS has been awarded the classification contract from Petronas for the company's second floating LNG facility (PFLNG 2). The vessel will be built at the Samsung Heavy Industries yard in Geoje, Korea. ABS has a history working with floating gas concepts…
Ceona has completed final outfitting of the Polar Onyx and the Normand Pacific to begin clients’ projecs in Brazil and the Gulf of Mexico, respectively. The successful delivery of the two flexlay and subsea construction vessels marks the…
ABB has entered a joint industry program (JIP) with Statoil to develop solutions for transmission, distribution and power conversion systems designed to power and control subsea pumps and gas compressors at depths of 3000m and over vast distances…