Oil and gas companies track and incentivize a variety of metrics, but these actions can inadvertently lead to lower production levels and affect lifting costs.If there’s an incentive for fast drilling instead of precisely placed wellbores that maximize contact with sweet spots…
Revolutionary technology proven to operate successfully in 3,000-hour shallow-water testSwiss-Swedish multinational electrical engineering and global power systems technology specialist ABB has announced the commercial availability of its groundbreaking…
Oilfield services company Halliburton introduced the Xtreme Single-Trip Multizone (XSTMZ) system for completing wells in deepwater and ultra-deepwater conditions up to 15,000-psi, to be used by a major operator in the Gulf of Mexico in 2020…
The Thunder Cranes Group said it has secured a contract to support Chevron on a three-year plug and abandonment project in the Gulf of Thailand that will include some 3,000 wells.The multimillion-dollar contract will see Thunder Cranes add a further three brand new TC90XL cranes to its fleet…
Ocean Infinity's Kongsberg Hugin autonomous underwater vehicles (AUV) have achieved significant endurance milestones during testing thanks to new pressure tolerant batteries from Kraken Robotics. The vehicles performed several missions to greater than 5…
A new full motion compensation system from Dutch offshore access provider Ampelmann is designed to transfer personnel as well as cargo up to 5,000kg in rough waters offshore. It is expected to be operational in the third quarter of 2020The E5000 system is based on the proven technology of the E1000…
Remote operated vehicles (ROV) have become standard workhorses for the offshore industry, providing vital support to underwater operations, from drilling to servicing the latest subsea processing technologies. But, they’re now undergoing a transformation…
Wärtsilä said it has established its latest Expertise Center (EC) in Singapore to provide support functions, including operational support and dynamic maintenance planning, for marine and energy customers.Together with nine other Wärtsilä EC units around the world…
Pre-rig technology company Neodrill announced it is bringing its CAN (Conductor Anchor Node) technology to Australia and New Zealand. To support this new phase of growth, the role of business development manager for the region has been created…
Oilfield services firm RMEC has appointed an oil and gas industry veteran to boost its operations as it prepares for its next stage of international growth.Vic Allan has joined the company from American multinational corporation Halliburton…
Lankhorst Ropes has supplied heavy lift slings to Subsea 7's heavy lifting arm Seaway 7 for the Dolphin Accommodation Upgrade Project (DAUP) on the East Coast Marine Area (ECMA), offshore Trinidad and Tobago. The project comprises provision of a Permanent Living Quarter Module (PLQ)…
First Subsea said it has secured a second contract with Spanish developer and construction company Cobra Group to provide Dynamic Bend Stiffener Connectors for the Kincardine Floating Offshore Windfarm. Following the initial supply to the pilot turbine last year…
Offshore lifting hoists and chains specialist William Hackett has launched SSL5 offshore and subsea lever hoist, incorporating its patented quad pawl (QP) mechanism.“It’s a piece of engineering innovation that will transform safety levels globally…
Oilfield services firm Weatherford has introduced ForeSite Flow, a flow-measurement solution driven by Production 4.0 intelligence.Unveiled this week at ADIPEC 2019, ForeSite Flow is a full-range, non-nuclear multiphase flowmeter paired with Weatherford ForeSite intelligence…
Sandvik, a developer and producer of advanced stainless steels, special alloys, titanium and other high-performance materials, said it has entered into a long-term agreement with Tenaris to supply Oil Country Tubular Goods (OCTG) following its…