Optio trains workforces Opito International has been awarded a contract with Shell to support the development of training for workers on the Majnoon project. The company will help improve vocational training centers in Basra, training Iraqis to industry expectations and Opito standards…
Repsol said its upstream unit was becoming its growth engine after posting a 56% growth in operating income to €2.208 billion compared to a 6.1% drop in the firm’s overall net income.The firm said the increase in upstream business “demonstrated…
Eleven panel sessions will give visitors to the SPE Offshore Europe 2013 conference unprecedented access to hear the views of top industry executives, government ministers and discipline specialists.The panel sessions will all aim to respond to the conference theme…
BP supports XACT R&D effort BP Ventures is investing in advanced acoustic telemetry technology developed by XACT Downhole Telemetry Inc. for drilling and completing difficult offshore wells. The technology provides high-speed, real-time…
Technip announces that it has signed two agreements with State Corporation Russian Technologies (Rostec) during the official meeting between François Hollande, President of the French Republic, and Vladimir Putin, President of the Russian Federation…
Neftegaz America Shelf LP (Neftegaz), an indirect independent subsidiary of Rosneft, acquires 30 percent interest in 20 deepwater exploration blocks in the Gulf of Mexico held by ExxonMobil, under an agreement signed by the two companies. Rosneft President Igor I…
Chevron, Exxon, Shell, Statoil, and Petrobras are working with Magma Global to develop and qualify a taper stress joint using Magma’s m-pipe technology. The project, which began mid-February 2013, will focus on a 15ksi 8' taper stress joint…
Shell celebrated the relaunch of its Shell Technology Center Houston in January. The expanded facility contains one million square feet of laboratory and office space and houses 2000 Shell scientists and engineers, making it the largest of Shell’s three worldwide technology centers…
OMK invests in US OCTG market.Russia-based OMK (United Metallurgical Company) held a ribbon-cutting ceremony to open its new pipe-manufacturing facility in northeast Houston. The US$100 million investment was made in response to rising demand for oil country tubular goods (OCTG)…
Thomas M Botts has joined John Wood Group’s board as a non-executive director. Previously, Botts spent 35 years with Shell, beginning as a production engineer, later becoming treasurer for Shell’s US activities, and global head of manufacturing.
Shell spudded its French Guiana prospect, GM-ES-3, the second of a four-well program. The well will target the Priodontes prospect, providing critical geological data. Shell operates the field with 45%; its partners include Total (25%), Tullow (27…
Italian major, Eni S.p.A., announced results for fourth-quarter and full-year 2012 on Friday, 15 Feb 2013. Operational highlights include: Record amount of discovered resources in the year: 3.64 bboe; Proved reserves at eight-year record: 7…
Nina M. Rach COLLOQUY: Editor's Column 'Innovation isn’t about new products, it’s about changing behavior,” explains Tom Koulopoulos, author of eight business books on the intersection of business and technology, including Cloud Surfing (2012) and The Innovation Zone (2011)…
Shell picks Subsea7 for Fram pipeline bundleFram field set up (Photo: Shell)Shell has awarded Subsea 7 a $135 million contract for work on its Fram oil and gas development in the central North Sea.Subsea 7 will handle the engineering…
Managing access to crucial data while maintaining a secure environment in the offshore communications sector can be taxing for many operators. Whether the information is moving from rig to shore, to the seabed, or to the drilling equipment, offshore communication has a host of inherent issues…