Wärtsilä’s acquisition of the British-headquartered, global engineering company Hamworthy early in 2012 has added a portfolio of high technology products and systems to the Finnish power solutions company’s offering including vessel internal electrostatic coalescer (VIEC) technology…
The lead ships classed by Lloyd’s Register incorporate advanced design, containment and operational features as well as the ability to cope with the harsh operating environment of the Arctic. Dynagas, the liquefied natural gas (LNG) shipping…
As subsea production systems are entering a new era, Statoil is finding that designing, qualifying and installing the subsea factory is just the start—the future will require a new breed of vessel, Elaine Maslin explains. Earlier this summer…
Trans Adriatic Pipeline AG (TAP) announced today that BP Plc, Azeri SOCAR, France's Total SA, and Belgian Fluxys—members of the international consortium developing the giant Shah Deniz field in Azerbaijan—have exercised their option to join the Trans Adriatic Pipeline AG (TAP)…
Baker Hughes Inc. announced that its subsidiary, Baker Hughes Oilfield Operations, Inc., successfully deployed the Hughes Christensen Kymera™ hybrid drill bit for Statoil to improve rate of penetration (ROP) and drilling performance in an appraisal well in deepwater Logan field…
Lundin Petroleum subsidiary, Lundin Sareba BV, and Indonesia's SKKMigas entered into a production sharing contract (PSC) for for 100% interest in the Cendrawasih VII (CVII), off northeastern Indonesia. The block is a subsitute for Lundin's…
Aberdeen-based Meta Downhole Ltd., a downhole isolation company offering complete integrity across the life of the well, announced a contract with Shell for high-performance liner tieback solutions in the Gulf of Mexico. Meta will supply its V0 ISO14310-certified Meta Liner Tieback…
Irish independent Circle Oil Plc announced today that its subsidiary, Circle Oil Tunisia Ltd., has increased its stake in the offshore Mahdia license to 100%, after acquiring the remaining 30% working interest from Tethys Oil & Mining Inc…
BG Group has made another gas discovery on its latest exploration well offshore Tanzania, adding to the potential for LNG development in the country. The Mkizi-1 well in Block 1, was drilled by the Deepsea Metro I drillship in 1301m deep water…
Technip has been awarded a contract by Chevron North Sea for engineering, procurement, installation and construction (EPIC) on the Alder field, 200km north east of Aberdeen. Chevron is developing the central North Sea Alder field as a…
A new report shines a spotlight on the UK’s decommissioning supply-chain’s future needs. The latest estimate of future spending on decommissioning in the UK Continental Shelf (UKCS) is approximately £35billion by 2040. To date, fewer…
The Bureau of Safety and Environmental Enforcement (BSEE) has jurisdiction over decommissioning of “idle iron” wells and structures, pipelines, and the Rigs-to-Reefs program. According to BSEE, there were about 2,996 production platforms on the US Outer Continental Shelf (OCS)…
Höegh FLNG Ltd., a fully owned subsidiary of Höegh LNG Holdings, has been awarded a pre-FEED study for a jetty-moored 2MM tonne/yr FLNG near-shore barge, FLNG solution for a North American LNG export project. The study will be executed in…
Petrobras awarded FMC Technologies a $40 million contract to supply three subsea boosting stations for the Parque das Baleias development, located offshore Brazil's Espirito Santo state in the Campos Basin. 'The Horizontal Boosting Station…
Tekmar Energy has announced ambitious plans to return to the oil and gas market, while maintaining its leading position in offshore renewables. As part of the firm’s blueprint for growth, it aims to generate £15million in turnover from…
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