Oilfield service provider, Archer, has released STORMLOCK—an ISO 14310 V0-rated, gas-tight storm plug specifically designed for suspension operations in the Gulf of Mexico and other deepwater markets. STORMLOCK is being launched at Archer's…
A new offshore marine and engineering consultancy has been launched with the backing of a Norwegian investment outfit and the company's own management. Aqualis Offshore was set up earlier in the summer and now has 40 staff and offices in offices in London…
Leading players in the 3DTV industry will converging on Aberdeen next month for a conference focusing on use of such technologies in the oil and gas and renewables industries. The 3DTV Conference: Vision Beyond Depth event has been organised by Aberdeen University…
Synthetic rope manufacturer Bexco has invested in a new test bench facility capable of automated testing 25m lengths of rope for one week or longer, with remote electronic data interchange and on-site certification of made-to measure rope solutions…
Statoil awarded Oslo-based Inocean a contract for concept design and option for the front-end engineering design of a new arctic drillship. The new gneeration Cat I drillship will be tailored for the Statoil Arctic step-up program…
Noble Corporation has announced plans to spin off its standard specification drilling units into a new separate company. The new company will own and operate standard specification drilling units from the Noble fleet, with the new company focusing on high-specification assets…
Technip has been awarded a contract by Statoil for the fabrication and supply of flexible risers for several fields on the Norwegian Continental Shelf. The contract includes options for further risers and flowlines. The flexible pipes…
Ithaca Energy has agreed string of farm-out deals on a number of UK North Sea assets. Newly formed private-equity backed Oyster Petroleum is to take a 9% working interest in west of Shetland licences containing the Handcross prospect…
Douglas Westwood has said, according to its annual reports on deepwater production, Asia Pacific is emerging as a high-growth opportunity – albeit from a small base – as depleting shallow water fields drive the industry into deeper waters…
Heerema Marine Contractor’s new Deepwater Construction Vessel (DCV) Aegir was christened in the Rotterdam Calandkanaal (NL). This state-of-the-art vessel is capable of executing complex infrastructure and pipeline projects in ultra deep water…
Austalia's Woodside has been given the official go-ahead to start exploration acitivies in Ireland's offshore Porcupine basin. Its joint venture partner Petrel Resources said Ireland's minister of state at the Department of Communications…
Nexans has been awarded an €8 million contract by Statoil to supply the static umbilicals for the Gullfaks Rimfaksdalen gas project in the Norwegian North Sea. It will be the fourth Statoil project in quick succession to feature the new…
Subsea 7 has been awarded a contract worth more than US$70 million by Stone Energy for the development of the Cardona field in the US Gulf of Mexico. The scope includes engineering, procurement, installation and commissioning of flowlines…
Russian oil firm Lukoil Overseas has started drilling in deep water off the coast of Sierra Leone. The company is drilling the Savannah prospect on Block SL-5-11, using the semisubmersible Eirik Raude drilling rig, in more than 2000m water depth…
BG Group has selected oil and gas service firm ASCO to provide supply base services for its operations in Tanzania, east Africa, under a three year contract worth about US$100 million. The contract will see ASCO work for a number of operators…