GE Oil & Gas bolstered its Norwegian presence with two acquisitions in the space of ten days for its measurement & control business. The purchase of Oslo-based pressure, temperature and flow measurement solutions provider Presens was confirmed early August…
Glacier Energy Services has extended its oil & gas industry offering with the acquisition of UK pipe cutting and preparation services provider Site Machining Services. The acquisition is Glacier’s first since its formation around last year’s management buyout of MB Oil & Gas.
Landmark Software & Services has acquired the assets of finite element reservoir modeling technology provider Object Reservoir.
Prosafe Rigs has entered into an agreement to sell the accommodation jackup Safe Esbjerg to an unspecified Southeast Asian buyer in a $55 million transaction.
Unmanned maritime system software specialist SeeByte has opened an office in San Diego.
Teledyne has acquired the parent company of PDM Neptec, a UK-based provider of underwater cables, fibre optic and electrical subsea connectors. The acquired company will now operate under the name Teledyne Impulse-PDM.
The South China Sea didn’t get a lot of respect – until the last few decades anyway. Now the area that rests between China and its fledgling Southeast Asian neighbors has become a geopolitical flash point. Tensions turned into a shooting war in the 1970s and looks like it could again…
Whisper it quietly, but the long-promised dawn of serious and sustainable North Sea decommissioning sector activity may have arrived at last. Extensive planning and preparation are currently under way in the sector as countries around the North…
New and expanding regulations governing the growing number of ageing offshore oilfields are pushing the industry to develop safe, innovative and fit-for-purpose technologies for well plug and abandonment (P&A) operations and late-stage interventions…
Recruiting and retaining skills remains one of the industrys biggest talking points. In this OE two-parter examining the issue from differing offshore sector perspectives, operator BP's Simon Drysdale discusses the need for continual nurturing of existing talent…
The traditionally risk-averse offshore oil & gas industry has long relied on not just following regulations set out by governments but also requirements outlined by classification societies to ensure their operations are safe. As water depths…
Customized bits enabled Petrobras to successfully drill hard carbonates of pre-salt reservoirs and hard and interbedded post-salt formations of two different offshore wells, while at the same time lowering vibrations, increasing rates of penetration…
A flurry of early contracts marked August's official sanction of the £1.4 billion development of Cygnus, the largest southern North Sea gas discovery in the last 25 years. Meg Chesshyre reports.GDF Suez, which will operate Cygnus on behalf of partners Centrica and Bayerngas…
Anadarko Petroleum has taken on a challenging project with the Prosperidade development in Mozambique. But the company plans to draw on lessons from its involvement in Ghanas Jubilee field development to unlock Mozambiques huge gas resources…
The worldwide mobile offshore drilling fleet has seen modest but steady increases in utilization since the beginning of the year. Currently, worldwide utilization stands at 78% whereas at the start of the year it was hovering around 73%.Recently…
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