Latest News - page 2619


Johor plants raises wire rope stakes

Sep 01, 2011

A new steel wire rope plant is taking shape for Kiswire on the Malaysian coast with the present and future needs of the offshore industry very much in mind.Of the 130,000t of wire rope the company already produces annually, some 30,000t is…

Aluminium spreads its wings

Sep 01, 2011

The offshore helideck market continues to be a strong focus of Nieuw-Lekkerland headquartered aluminium specialist Bayards, which continues to optimise its product range and extend the global spread its offshore sector sales.The company is currently…

Succeeding at the front end

Sep 01, 2011

With a series of North Sea contracts under its belt, project management company EPC Offshore is on track for £6 million-plus turnover in only its second year of business. In the first of OE’s reports on some of the people and companies illuminating today’s Aberdeen offshore scene…

Buoyant Brazil beckons

Sep 01, 2011

Aberdeen stalwart Balmoral Offshore Engineering already has a business unit trading under that name in Brazil. Now the company is preparing to take the next major step, setting up a manufacturing facility in the region. Meg Chesshyre reports…

Offshore evacuation at the double

Sep 01, 2011

A new high capacity evacuation system has been developed for ship-shaped offshore installations by Danish-headquartered Viking Life-Saving Equipment.Designed to automate a key aspect of the disembarkation procedure, Viking Life-Saving Equipment’s…

Macondo report slams BP, contractors

Sep 01, 2011

A federal investigation into the 2010 Macondo disaster does not pinpoint what caused the well's cement job to fail, but backs up earlier conclusions that operator BP and its contractors skirted safety measures that could have prevented the blowout…

A growing stain on China's energy sector

Sep 01, 2011

It took a month to admit that there was an oil spill in China’s Bohai Bay, from June 4 – when it happened – to July 5 when China’s The Global Times, in an unusual reaction from a presumably government controlled newspaper, wrote: ‘We cannot…

Wireless wellbore solutions

Sep 01, 2011

The trend of increasing wellbore complexity for extended reservoir contact, and greater reservoir heterogeneity along the contact, are demanding improved monitoring and control solutions. Tendeka's Garth Naldrett and Tor Inge Åsen review recent wireless wellbore advances offshore Norway…

Firms & Faces - OE September 2011

Sep 01, 2011

Australian contractor Clough is selling its offshore marine construction business to Malaysia's SapuraCrest Petroleum in a cash deal worth roughly $129 million. The sale includes the Java Constructor derrick lay barge, Clough's interest in the…

Pemex says contracts getting easier

Sep 01, 2011

Despite a reputation for ‘cumbersome’ contract processes, recent oil & gas sector reforms have created a more favorable investment climate at Mexican state oil company Petróleos Mexicanos, a Pemex official told the 2011 Petroleum Exposition & Conference of Mexico in Villahermosa…

Saving idle iron

Sep 01, 2011

Dozens of obsolete offshore platforms have been successfully converted to artificial reefs under the US ‘rigs-to-reefs’ program. But an independent Houston operator is pushing for rule changes that, its CEO says, would preserve far more delicate ecosystems…

Ambitious Iraqi oil targets in doubt

Sep 01, 2011

Iraq's large oil-production potential could put it in a position to vie for leadership with Saudi Arabia in the world oil scene in the coming decades.But a study released by Rice University's Baker Institute for Public Policy finds that in the near term…

Statoil's good year becomes vintage

Sep 01, 2011

As the jacket for Statoil's Gudrun development went in last month, confirmation that there was communication between the Norwegian operator's high-impact Aldous Major South discovery and Lundin's Avaldsnes oil find was generating much excitement…

M&A market dips, maintains value

Sep 01, 2011

The number and total value of US oil & gas mergers and acquisitions dipped slightly in 2Q 2011 over the same period last year, according to a recent PricewaterhouseCoopers (PwC) study. But the average deal value for the largest transactions rose by 14%…

Spreading the word

Sep 01, 2011

‘We don’t see ourselves as just the crane people, we want to be seen as a lifting solutions provider.’ So says Doug Sedge, the highly regarded and much travelled chief executive of Sparrows. He talks to Meg Chesshyre.As a company we have a significantly large engineering resource base…

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