At an industry breakfast organized by OTC and the US Department of Commerce, experts said China was chosen as topic of discussion because of its emerging oil and gas business investment opportunities. OTC…
Qatar Petroleum has initiated an evaluation process for the selection of a partner to undertake the future development of the Maersk Oil-operated Al Shaheen field, as the current agreement expires mid-2017. Al Shaheen…
Balmoral Offshore Engineering (BOE) was presented with the UK Queen’s Award for Enterprise. It is the third time the company has won the international trade award, the first success coming in 2010. BOE saw overseas income increase by £20 million in the period 2012-14 with profits doubling…
FMC Technologies and Total signed a frame agreement for technology development on 5 May. The purpose of this agreement is to define the R&D relationship and to create a framework for collaborative and innovative projects. The goals of…
Aibel was awarded a US$114.3 million engineering, procurement, construction and installation (EPCI) contract for work related to planned water injection from the Heidrun platform to the Wintershall Norge-operated Maria field. The Maria field is in the Norwegian Sea…
The Norwegian Petroleum Directorate (NPD) received a plan for development and operation (PDO) for the Maria oil discovery in the Norwegian Sea. Maria. Image from Wintershall. The Maria discovery…
Applus RTD completed the latest advanced non-destructive testing (ANDT) project with its RTD INCOTEST technology which provides a unique solution for unpiggable subsea pipelines. The technology was developed by Applus RTD’s in-house research…
An initiative to help protect the American oil and gas industry from cyber attacks has been launched by Lloyds Register Energy at this year’s Offshore Technology Conference (OTC) in Houston. Lloyds Register Energy says control systems…
Lloyd’s Register has issued its latest Guidance Notes at the Offshore Technology Conference (OTC) in Houston. The Guidance Notes for Collision Analysis assist owners, operators, and designers of offshore units in America and Canada with identifying potential collision scenarios…
Ensco entered into a three-year contract with NDC for a new premium jackup, ENSCO110. This newbuild rig is scheduled to begin operations later this month offshore United Arab Emirates at a rate of approximately US$114,000 per day. NDC…
A new Houston-based subsea company, Underwater Integrity Solutions (UIS), was launched at the Offshore Technology Conference (OTC) on 4 May. The independent company will focuse on underwater integrity, production assurance and life extension for subsea fields…
In the first installment of a two part series, Elaine Maslin takes a look at what all the clamor is about on standardization, what the industry is planning to do about it and what the results have been to date. Image from Statoil…
Rolls Royce awarded Cortland a contract to supply its BOB 12x12 fiber rope for use on Rolls Royce's next fiber rope deployment system (FRDS). The FRDS system, which will have a single fall capacity of 150t, is being built for AKOFS Offshore…
Low oil prices are challenging oil and gas operators. Two Houston-based companies, Fieldwood Energy and Schlumberger, whose operations are mainly in the Gulf of Mexico (GoM) discussed some challenges that their companies face due to today’s…
OE staff reports from the Offshore Technology Conference in Houston on Tuesday, 5 May 2015. Vietnamese delegates addressed challenges and opportunities in fractured basement reservoirs on Tuesday morning’s “Understanding the Challenges of Vietnam Fractured Basement Exploration…