Developers of oil and gas technology are calling on major North Sea operators to work more closely together to find solutions to the industry’s most pertinent technology issues as they convene at the fifth ITF Technology Showcase next month. ITF, in partnership with the Department of Energy and Clim
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces that it has secured a £2 million contract to supply for the first time its high pressure high temperature (‘HPHT’) POS-GRIP fri
Nexans today announced 2012 third-quarter sales of 1,819 million euros (at current non-ferrous metal prices), or 1,249 million euros at constant non-ferrous metal prices* , which corresponds to an organic increase of 2.3%**. For the first nine months of the year, the organic growth in sales was 0.9%
Forum Energy Technologies, Inc. announced that IKM Subsea recently added two Forum Sub-Atlantic Remote Operated Vehicles (ROVs) to their existing fleet. IKM Subsea plans to deploy immediately Sub-Atlantic Mohican and Comanche vessels in the North Sea and Singapore respectively. This recent addition
Statoil ASA has signed an agreement to exit the Brage licences, farm down in Gjøa and Vega and acquire a 15 % stake in the Edvard Grieg licence near the Johan Sverdrup field in the North Sea. The consideration to be paid by Wintershall includes a contingent consideration of USD 100 million relating
CARIS announced the release of Bathy DataBASE 4.0, the leading solution for managing and analyzing bathymetry data. Powered by the CSAR engine and backed by proven RDBMS technology, Bathy DataBASE delivers a robust and scalable solution for the storage and analysis of ever-expanding volumes of Sonar
Saipem has been awarded new E&C Offshore contracts worth $1.1 billion in Brazil, Angola and the Caspian Sea. In Brazil, Saipem has signed an EPIC contract with Petrobras for the projects Sapinhoá Norte and Cernambi Sul, within the development of the Pre-Salt Risers in the Santos Basin, approximately
Bowtech Products Ltd (‘Bowtech’), a market leader in underwater and harsh environment vision systems, has announced that they have added a new camera to their low light camera range – the Explorer Lite. Bowtech will be exhibiting the Explorer Lite at this year’s Euronaval exhibition on Stand F90, wh
Statoil Petroleum AS (Statoil) has received consent to use Island Constructor for light well intervention activities on Tordis and Vigdis. Light well intervention is cable-based well maintenance where a cable is run directly through sea and down in the well without using a riser, as opposed to when
Today the construction of the 690MW platform for TenneT’s offshore grid connection project HelWin2 officially started. The steel cutting ceremony took place at the yard of Heerema Fabrication Group in Zwijndrecht (the Netherlands), where the topsides of the platform will be built. The jacket and bri
Subsea services company Deep Ocean is experiencing great success as a leading provider of subsea services to the oil and gas operators. For years the company had Haugesund as the base for its subsea business in Norway. Now they are establishing a subsea engineering department in Trondheim, Norway. T
RESON’s French agent PrimeGPS has invested in a SeaBat 7125SV2 multibeam sonar system to be able offer its French and African customers top notch service. The sonar system will mainly be used to serve customers in the oil and gas as well as the port authority market segments. PrimeGPS will propose t
Schlumberger Limited today reported third-quarter 2012 revenue of $10.61 billion versus $10.45 billion in the second quarter of 2012, and $9.55 billion in the third quarter of 2011. Income from continuing operations attributable to Schlumberger, excluding charges and credits, was $1.44 billion—an in
Today, at the International Conference on Ocean Energy (ICOE) in Dublin, GL Garrad Hassan will release WaveDyn, the first independently developed wave energy converter design tool to be made commercially available. WaveDyn allows users to model a wide range of wave energy conversion device types. It
