The outlook for the deepwater and ultra deepwater market is positive, with a forecast capital growth rate of around 8% between 2014 and 2018, according to Infield Systems Ltd.’s deepwater and ultra deepwater report. Infield Systems anticipates…
Dow is introducing technologies developed for multiple oil and gas applications, including extraction, production, refining, gas treatment and oil distribution, at Rio Oil & Gas 2014. Dow says their technologies improve energy efficiency…
Petrobras awarded Aker Solutions' subsidiary Aker Oilfield Services (AKOFS) a US$465 million contract to provide subsea intervention services offshore Brazil. The five-year contract slated to begin in 4Q 2016 is for the Aker Wayfarer subsea construction vessel…
A new research study from Flow Research, Volume X: The World Market for Flowmeters, 5th Edition finds that the worldwide new-technology flowmeter market totaled US$4 billion in 2013 and is projected to grow substantially to exceed $5.7 billion by 2018…
Singapore’s Sembcorp Marine announced they invested millions of dollars in the purchase of an American company and in a new facility in Singapore. The SSP Hub is capable of integrated delivery…
GE Oil & Gas announced that it is providing both technology and capital to help expedite construction of the Freeport LNG gas liquefaction and liquefied natural gas (LNG) export project in Southeast Texas. GE is supplying the main refrigeration compressors…
Belden Inc. introduces its Hirschmann Industrial Ethernet Network program to professionals responsible for industrial network infrastructures throughout North America. The program seeks to train, test and qualify individuals’ skills and…
Wärtsilä's 2-stroke dual-fuel technology will be featured on two new, large 180,000 cbm LNG carriers. South Korea’s Samsung Heavy Industries and SK Shipping and Marubeni are building the carriers that will be powered by 6-cylinder Wärtsilä X62DF 2-stroke dual-fuel engines…
The new Wärtsilä LNGPac has been granted an AIP (Approval in Principle) Certificate from the classification society DNV GL. The AIP Certificate covers Wärtsilä’s improvements to the original LNGPac. The new solution has removed the heating media skid and its pumps…
Emerson Process Management released the OpenEnterprise v3 SCADA platform for the upstream production and distribution market. The OpenEnterprise release offers ease-of-use and expanded device connectivity for communication protocols…
Two years in the making, Aker Solutions and Baker Hughes’ subsea production alliance was rubber-stamped by the regulatory authorities last week. The alliance, which brings together two companies that might not be seen as natural bed-fellows…
Big oil companies Eni Norge, Statoil, Gdf Suez E&P Norge, OMV Norge and the Norwegian Coastal Administration are teaming up with Aptomar to strengthen technology functionality and communication infrastructure for offshore oil spill detection and management systems…
Aker Solutions and Baker Hughes Inc. received necessary regulatory approvals for the Subsea Production Alliance announced in April 2014. The two companies agreed to form the alliance a few months ago develop technology for production solutions designed to boost output…
An alternative view of pipework vibration management by Neil Parkinson, technical director at AV Technology. Complex offshore pipework. Images from AV Technology Some incidents are guaranteed to make headlines…
Jerry Lee discusses new and improved drill bit designs and technologies with several leading companies. Rising energy demand has resulted in the need to reach reserves in more complex formations. The more complex the formation, the more…
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