BMT Scientific Marine Services (BMT) has patented a strain measurement system and unique attachment scheme that can be integrated into the insulation and anti-corrosion layers on ultra deep water Steel Catenary Risers (SCRs). This technology was developed because production SCRs typically have thick
An international rig product and total solutions provider, TSC Group Holdings Limited (“TSC” or the “Company”) together with its subsidiaries (the “Group”) has recently signed contracts with Baoji Oilfield Machinery Co., Ltd. (“BOMCO”), the largest machinery manufacturer under China National Petrole
Lloyd’s Register EMEA has been awarded the global contract to provide Maersk FPSOs with a comprehensive suite of technical services to assure the reliable operation of its fleet of floating oil and gas production units which serves some of the world’s biggest offshore fields. The multi-year agreemen
The Company has been informed by the Hoang Long Joint Operating Company, the Operator of Block 16-1 in the Cuu Long Basin offshore Vietnam, that PetroVietnam has relayed the Government of Vietnam’s agreement to the extension period for the Te Giac Den Appraisal area. The extension period is for 15 m
Otto Energy Ltd provides an update on remaining oil reserves balances at the Galoc field as at 1 January 2011. The Operator and 59.84% participant in the project, Galoc Production Company WLL, in which Otto is a 31.38% shareholder, annually commissions a review on behalf of the Galoc joint venture o
Bornemann Pumps, a leading manufacturer of oil and gas pumps, said Wednesday it has developed a subsea skimmer that can clean up deepwater oil leaks before they reach the surface. Working like a subsea vacuum cleaner, Bornemann’s technology can be deployed over leaking oil and gas at depths of up to
Noreco had revenues of NOK 547 million in first quarter 2011, an increase of 14 percent compared to first quarter 2010, driven by higher oil prices which more than compensated for lower production volumes. Production in the quarter was 10,355 barrels of oil equivalents per day (boed), down from 11,3
Nexans, a worldwide leading expert in the cable industry, has been awarded a 4.8 million euro contract by Norske Shell to supply the 6.5 km infield umbilical for the Ormen Lange North Field project. The Ormen Lange natural gas field on the Norwegian Continental Shelf started production in 2007. This
The increased technical sophistication of drill ships and other mobile drilling units, coupled with the greater regulatory oversight of offshore drilling, has spurred ABS to develop a new suite of classification standards and notations intended to provide MODU operators with increased confidence tha
The executive manager for Petrobras’ Research Center, Carlos Tadeu Fraga, presented the company’s technology strategy Yesterday (04/05) at an event sponsored by the Brazil-Texas Chamber of Commerce (BRATECC) on the sidelines of the 2011 OTC. “We are convinced that our business results are the outcom
Nord Stream AG announces that all three sections of its first 1,224 kilometre gas pipeline through the Baltic Sea have now been laid and will be joined together underwater off the coast of Finland and Sweden in the summer. The new pipeline system will start transporting natural gas from Russia direc
Wärtsilä, the marine industry’s leading solutions provider, has been contracted by Kleven Maritime of Norway to design a new LNG powered Platform Supply Vessel (PSV) of the Norwegian operator Rem Offshore. The scope of the order also includes the propulsion machinery, automation and other equipment
Karoon, as operator of five blocks in the Santos Basin, today signed a letter of intent to contract with Dolphin Drilling Ltd, for the “Blackford Dolphin” semi-submersible drilling rig. The completion of the final drilling agreements is subject to final negotiations and is expected by the end of Jun
Inventor of the Bowflex®, Tessema Shifferaw introduces The Shifferaw Oil Ocean Leak Prevention System, SOOLPS, guaranteed to put both environmentalists and oil companies at ease. Shifferaw designed this system in response to the lackluster solutions for the disastrous Gulf oil spill. Now, a year lat
