GE Oil & Gas announced today a technology collaboration with Mexico Institute of Petroleum (IMP) and Mexico state-owned company Petróleos Mexicanos (Pemex). Pemex sponsors the agreement, which GE Oil & Gas said would “initially [research]…
In episode two of Weatherford's well construction video series, the company highlights and explains how its well-construction offering can improve well integrity and drilling reliability during operations. Take a look at Weatherford…
Global demand for energy and the technical challenges facing the oil and gas exploration and production industry means business as usual is no longer an option, Shell's chief technology officer says. Gerald Schotman said the industry…
Subsea 7 has designed, fabricated and installed more than 70 unique pipeline bundle solutions over the last 30 years. Here, the company provides an in-depth look at installing pipeline systems.
Energistics, the upstream oil and gas standards consortium, and the Society of Exploration Geophysicists (SEG), the international society of applied geophysics, have signed a Memorandum of Understanding to explore joint development opportunities…
The oil and gas industry is experiencing an increasing demand for advanced technology and expertise in the Middle East at a time when the sector as a whole is changing its approach to acquiring, transferring, and protecting its intellectual capital…
Tim Bailey, director of BP's Global Wells Institute, explains how simulators are used in the applied deepwater well control program. BP's well control and drilling simulator allows trainees to experience…
Lloyds Register Group subsidiary Senergy has joined oil and gas engineering services firm Plexus Holdings' on-going joint industry project (JIP) to develop and commercialize a new and safer subsea wellhead, using Plexus' patented POS-GRIP technology…
Energy production technology services company Proserv has bought KRG Industries Ltd from majority shareholder Torishima Pump Mfg. Co. Ltd, (Torishima) in Japan. KRG provides precision engineering services to the oil and gas and aerospace and defense industries…
Sevan Marine ASA has acquired the technology rights of TORP LNG AS and its affiliates. This acquisition gives Sevan Marine ownership of the proprietary HiLoad technology for offshore loading of LNG. The HiLoad technology was originally developed…
The Arctic Technology Conference has put a spotlight on the latest innovations in the Arctic E&P industry. A panel of qualified E&P professionals reviewed entries from exhibitors at the show and selected recipients based on these criteria: New…
Ensco plc announced the sale of its two remaining cold-stacked jackup rigs for US$33 million. The net value of the two rigs, ENSCO 69 and Wisconsin, both built in 1976, was approximately $9 million. The pre-tax gain on the sale is approximately $24 million…
Marine energy technology has been in development for decades and, in the past 10 years, interest and investment in marine and tidal technologies have increased. However, marine energy still lags 15-20 years behind offshore wind, says Kevan Stokes…
Augmented reality is a new communication tool that brings the print and digital worlds closer together. Scanning a page with a smart phone or smart device reveals additional “hidden” content. Interactive print campaigns are slowly spreading into the oil & gas industry…
Rolls-Royce has signed a contract with the shipyard group Vard for its latest DP3 dynamic positioning system to be installed on two new offshore construction vessels. Dynamic positioning (DP) control systems allow vessels to be held in exact position…
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