The industry is going to face more challenges than ever over the next 30 years as it strives to meet global oil and gas demand from ever harder to reach and extract resources, industry bosses say. Amin Nasser…
Leading industry executives including BP CEO Bob Dudley cautioned against “over-reacting” to current low oil prices at global industry forum. 'While there has been some speculation that the high cost of unconventional oil production might…
Eco Atlantic Oil & Gas Ltd. completed the 3D seismic survey on the Cooper block located in the Walvis Basin, offshore Namibia. The PGS vessel Ramform Vanguard, offshore Namibia. From Eco Atlantic. PGS Geophysical Ltd…
GE opened its US$500 million Brazil Technology Center in Rio de Janeiro. The research hub will focus on developing advanced technologies for offshore oil and gas exploration and production. The center, GE’s first in Latin America…
Malaysia’s national oil and gas company Petronas awarded GE Oil & Gas a contract to supply gas turbine-driven compressor train and mechanical drive technology for the second floating liquefied natural gas (FLNG) facility off the coast of East Malaysia…
Harvey Gulf International Marine is using Advanced Logistics’ marine management system, SAMM, and preventative maintenance module, Preventer,on its fleet of marine transportation vessels. Advanced Logistics’s software allows a vessel…
O3b Networks launched the O3bEnergy 20 service for offshore communications in the Gulf of Mexico. O3bEnergy 20 provides energy clients with an aggregate of 20Mbps throughput to a single site at less than 150 msec roundtrip latency delivered over the O3bEnergy 1…
Emerson has acquired the Paine Electronics business from Paine Electronics, LLC, which will become part of Emerson Process Management. Paine Electronics, a leading manufacturer of pressure transducers, is recognized worldwide for its pressure…
Kongsberg Maritime unveiled its latest generation ship's bridge simulator, K-Sim Navigation, which meets the requirements of the most demanding navigation training for merchant, offshore and naval vessels. Designed for the future of advanced and integrated simulation training…
The Middle East will be one of the key markets for oilfield services companies for decades to come as countries across the region seek to maximize recovery from maturing assets and bring new fields into production, according to leading energy specialist corporate advisory firm Simmons & Co…
The future “digital oilfield” must be more than just a trendy buzz word, says Tim Marting, or we risk losing “lessons learned” in out-of-reach pockets of data. Major investment in new extraction technologies is made constantly to help…
BP has added to its portfolio of enhanced oil recovery (EOR) technologies with a robotic coreflooding system. 'It will give us ten times increase in capacity to test out new EOR techniques on core samples,' Bob Dudley, BP group chief executive…
Intertek has invested US$2.8 million in its new Abu Dhabi Technology Centre, which supports new exploration and existing operational activity. The Abu Dhabi Technology Centre is currently equipped to provide reservoir characterization services…
Oil & Gas Innovation Centre’s (OGIC) Ian Phillips, OGIC chief executive, will highlight how the pace of innovation in the oil and gas industry is significantly lower than in comparable industries at the 20thSPE ICoTA Well Intervention Conference in Aberdeen this week…
A simple yet innovative new tool is set to make waves in the oil and gas industry after successfully undergoing a commercial trial at award-winning subsea training and trials facility, The Underwater Centre, in Fort William, Scotland…
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