SeaRobotics Corporation has teamed with a private equity group led by Ocean Investments Capital to fund the expansion of the company’s core business, including the production of unmanned surface vessels (USVs), the commercialization of its Robotic Hull Cleaning systems…
Swagelok has acquired the assets of Erie, Pennsylvania-based Innovative Pressure Technologies. IPT manufactures high and medium pressure subsea valves, fittings and fluid control devices.
Technip has completed the acquisition of Stone & Webster process technologies and associated oil and gas engineering capabilities from Canada’s Shaw Group.
Swedish polymer and syntactic foam specialist Trelleborg officially opened its newly constructed facility in Macaé, Brazil, last month. The company also announced that it is planning to install ‘the largest hydrostatic pressure testing vessel in the world’ at the new facility.
As the tension between Israel and Iran ratchets up, an interesting sub-text has developed over the role of Iran’s traditional backer, Russia. While many Western observers continue to raise the spectre of a ‘wider Middle East conflagration’, and one that could drag in Russia…
Ice floes are not the only threat to Arctic offshore infrastructure; pipework in the region is also extremely vulnerable to corrosion. Jennifer Pallanich discusses cold climate corrosion control techniques with NAC E International's Oliver Moghissi…
A little starpower lit up a rainy week in Stavanger, as Hollywood actor-turned-oil spill cleanup advocate Kevin Costner hit town for the ONS 2010 conference and exhibition. Russell McCulley reports.--Nearly 50,000 visitors coursed through the…
Getting the drilling facilities design process right not only ensures the operator gets the ideal rig for the job but also increases HSE and operational efficiencies and cuts rig construction and commissioning costs. Andy Kay and Rodrigo Rendon discuss the RDS approach…
With massive investment and aggressive technology development required to match world energy demand in coming decades, South America’s ‘southern cone’ will have a big role to play. Russell McCulley reports from Rio de Janeiro.Thanks in large part to Brazil’s pre-salt discoveries…
DNV and Norway’s Fridtjof Nansen Institute released a joint study during ONS calling for improved technology, better spill response preparation and greater co-operation among stakeholders in order to safely develop Arctic resources. The study…
As a number of Caribbean nations set sights on developing potential deepwater reserves, concerns have surfaced about the region’s ability to respond to a Macondo-style subsea leak. The topic is especially prominent in a swath of sea where tourists…
Oil seeps at Chevron’s Frade field nearly a year ago have led Brazilian regulator ANP to assess millions in fines against Chevron and ultimately halted output at the troubled Campos Basin field. In November 2011, Chevron P&A’d an appraisal well…
Maintaining a steady level of exploration activity, OGX has marked a number of successes.The Itacoatiara well, or OGX-79, found a hydrocarbon column of about 150m with 64m of net pay in the Albian section in the Campos Basin. The block BM-C-39 well…
Over the last 18 months or so, Petrobras has a string of reported discoveries to its credit. Company CEO Maria das Graças Silva Foster said the 2011 discoveries alone added 1.24 billion barrels of equivalent oil to Petrobras’ numbers, with 1 billion of that coming from the pre-salt area…
An innovative cased-hole expandable liner system has been deployed to repair casing corrosion in an offshore Congo well. Weatherford’s Scott Durment and Doug Farley explain why and how.Casing damage in older wells comes in many forms and from many sources…
Subscribe
