Three Streams EngineeringFoster Wheeler buys Canadian engineering firmFoster Wheeler has acquired Calgary-based Three Streams Engineering for an undisclosed amount.Three Streams is a multi-discipline full service engineering, procurement…
Like a Christmas present, what was widely rumored and anticipated following recent Israeli hydrocarbon discoveries, Houston’s Noble Energy announced in late December 2011 the results of its recent well in the Cypriot Economic Zone. It contains up to 9tcf of natural gas…
Helix Energy Solutions Group is selling its Caesar, Express and Intrepid pipelay vessels with related equipment in separate transactions. Coastal Trade is purchasing the Express and Caesar for US$238 million in deals expected to close next year…
Floatel Superior and Statoil's Njord A platformAll non-essential personnel, some 336 people, onboard the Floatel Superior have been evacuated after the semisubmersible sustained damage on two ballast tanks, Statoil announced on 8 November 2012…
Baker Hughes has expanded its SmartCare line of products to include what the company describes as ‘more environmentally responsible’ drilling and completion fluids, production chemicals and additives used in cementing and stimulation procedures…
During the last week of June in the US, anything that wasn’t ‘Obamacare’ didn’t get much news coverage. With that in mind, one had to wonder why ‘36 citizen organizations with more than 1.1 million combined members’ chose 27 June to release…
The latest addition to the Hallin Marine fleet of subsea operation vessels, the compact semisubmersible Derwent, was floated for final fit out at the Drydocks World yard in Nanindah, Indonesia, last month. Designed and equipped to meet current and anticipated subsea industry demand…
Wison Offshore & Marine, Exmar and longtime LNG consulting and engineering firm Black & Veatch have teamed up on what the companies promise will be the first floating LNG liquefaction, regasification and storage unit (FLRSU), to be installed 3km offshore Colombia…
Since it began addressing safety critical fire water deluge system integrity issues a year ago, Paradigm Flow Solutions has rapidly expanded its provision in this area. The company is now working on life-of-field solutions with two North Sea operators…
The offshore oil & gas industry has long relied on sensors and sporadic ROV footage to find out what's going on subsea. Now a new tool designed for permanent deployment at well sites is about to change all that, according to Weatherford's Ole Tom Furu…
Back from the SEG annual meeting in San Antonio, Andrew McBarnet detects stirrings in the market for ocean bed seismic services.Ten years ago when the Society of Exploration Geophysicists (SEG) held its annual meeting in San Antonio, the event…
Back from the SEG annual meeting in San Antonio, Andrew McBarnet detects stirrings in the market for ocean bed seismic services.Ten years ago when the Society of Exploration Geophysicists (SEG) held its annual meeting in San Antonio, the event…
Materials and long-lead items are only two of the challenges offshore yards must juggle. Regulations and their impact on operators also keep fabricators on their toes. Jennifer Pallanich calls on Kiewit Offshore Services to see how the Gulf…
With power generated from offshore wind farms forecast to grow from 3GW to 75GW over the next decade, operators are looking to tried and true oil & gas practices to help reduce construction costs. Russell McCulley speaks to Canyon Offshore about…
OE's popular annual guide to oil & gas developments on the Northwest European Continental Shelf returns, fully updated.Operators in the UK sector of the North Sea were taken aback in March this year by UK Chancellor George Osborne's decision to raise the supplementary tax rate from 20% to 32%…