Mexico’s Petróleos Mexicanos (Pemex) has signed agreements with Malaysia’s Petroliam Nasional Berhad (Petronas) and with Argentina’s YPF, to take advantage of new opportunities opening through Mexican energy reform. Heads of the three national oil companies met last week in Cancún…
The importance of technological innovation in the oil and gas industry has risen over the past two years, according to a survey by Lloyd's Register Energy. Image from Lloyd's Register Lloyd's Register surveyed operators in America…
Enagás has joined the Trans Adriatic Pipeline (TAP) project as a new shareholder with a 16% stake in the company known as Trans Adriatic Pipeline AG. The company also announced that existing shareholder Fluxys increased its stake in TAP from 16% to 19%…
Inspection, maintenance and repair company N-Sea recently completed its inaugural diving scope with the TUP Diving System(Transfer Under Pressure). The TUP Diving System Image: N-Sea The…
Houston-based AFGlobal completed its integration of VerdErg Connectors, a customized subsea pipeline and control connection after acquiring the UK-based company in late June 2014. AFGlobal subsea…
The partnership behind the Leviathan field off Israel has submitted a US$6.5 billion initial development plan to the country’s Ministry of National Infrastructures, Energy and Water Resources, Reuters has reported. Located around 130km from Israel’s coast in around 1600m of water…
FoundOcean and Ranger Offshore Inc. signed a strategic agreement this month, formalizing a relationship that has previously developed between the two companies. FoundOcean, Ranger Offshore combine…
A joint industry project on jacking system maintenance and inspection has resulted in a new DNV GL Recommended Practice. This provides guidance to ensure the correct and safe functioning of rack and pinion style jacking systems. The objective is to reduce the risk of gear failure…
Advanced self-propelled self-elevating support vessel firm Gulf Marine Services has won the first contract award for its new enhanced Small Class vessel (the Pepper). The vessel, which is currently being built by a third party, is…
Industry body Oil & Gas UK is calling on the UK Government to offer fiscal support for exploration in the UK North Sea, alongside lower taxes, and simpler field allowances. The call, made in the body’s Economic Report 2014, comes as the UK’s oil and gas industry faces rising operating costs…
Ulstein won the design and equipment contract for Van Oord’s new subsea rock installation (SRI) vessel Bravenes. Van Oord’s Bravenes. From Ulstein Working in close cooperation with Van Oord…
Glacier Energy Services acquired Aberdeen-based MLS Heat Transfer to improve its heat transfer service division. Heat exchanger maintenance work. From Glacier Energy Services MSL Heat Transfer…
CAMAC Energy's four offshore Nigeria prospects have increased the company’s unrisked P50 recoverable resources to approximately 3 billion boe. Map of Nigerian prospects from CAMAC The…
UK-based energy services provider Penspen acquired the engineering division of DPS Group. The acquisition increases Penspen’s headcount by 10%; strengthens its oil and gas process facilities engineering capability; and brings access to the FPSO construction market in Asia Pacific…
TGS and FarifieldNodal will conduct two ocean bottom projects in the shelf region of the US Gulf of Mexico. Z700 at sea from FairfieldNodal. The two surveys include the Calypso Full Azimuthal…
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