KONGSBERG signs deal with offshore intallation groupKongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has signed an agreement to supply a flexible risers and umbilicals installation system for the ‘Capstan Reel Installation System’ (CRIS), to the Offshore Installation Group (OIG). The patented CRIS design simplifies the subsea installation process, enabling a reduction in installation time and risk, which translates to significant cost savings. Full text |
Reef Subsea extends its range of activities by providing installation and trenching services
Aker Solutions buys majority stake in Benestad and Phaze Technologies
OMS recognised for innovation by Pipeline Industries Guild
Marine Well Containment Company Welcomes Statoil
Marine Well Containment Company Welcomes Apache
Siemens strengthens its position in the subsea power market
Clough AMEC announce JV with Beca New Zealand
Oceaneering to Acquire Norse Cutting & Abandonment AS
Knowledge Reservoir and Quest Offshore Resources Announce Strategic Alliance
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Norway's Ministry of Petroleum and Energy announced Awards in Predefined Areas (APA) 2009. With this announcement prospective blocks for exploration activities in mature areas of the Norwegian Continental Shelf (NCS) are being made available to the industry. Full text
There is just a small window of opportunity for operators in the North Sea to capitalise on falling drilling rig rates, AGR Petroleum Services, the world’s largest independent well management company, has warned. Full text
ODS-Petrodata has launched the first interactive database and newswire service that covers the complex offshore construction vessel arena. The new ConstructionVesselBase covers all vessels that install and maintain vital offshore oil and gas infrastructure, including platforms, pipelines and other subsea hardware throughout the world. Full text
The governmental oil company Ancap, acting on behalf of government of Uruguay, gives strong impulse to its campaign for promoting the investment by the world class oil companies in the oil and gas exploration and production in its Ocean Atlantic offshore. Full text
ODIM has launched a solution for the next generation of anchor handling vessels when it comes to safety, costs and environment. With the ODIM Smart AHTS™ concept, the traditional anchor handling winches are replaced by the ODIM CTCU® deep water technology that, together with a complete winch system, will handle and install all that a drilling rig needs. Full text
With the Russia-Ukraine gas supply crisis seemingly at an end as a 10 year agreement was just signed, other gas importing countries are looking at their suppliers and wondering how to protect themselves should their supply be threatened in a similar way. Full text
Acteon companies 2H Offshore, Claxton and Subsea Riser Products (SRP) have won a prestigious innovation award for their collective work on the world’s first high-pressure, hightemperature, full-bore, drilling riser system for Venture Production plc. Full text
A new research institute which could help UK companies capitalise on a global subsea market worth a potential £40 billionhas been launched in Aberdeen. The National Subsea Research Institute (NSRI) will open the door to the fast-track development of a new wave of subsea technology and expertise in which the country already leads the world. Full text
Oil industry players find themselves buffeted by contradictory trends. On the one hand, the oil supply has not expanded adequately in recent years to accommodate demand from emerging markets. On the other, the current recession has led to a collapse of near-term demand. Understanding the linkage between recession and oil demand may provide some guidance. Full text
“We must adjust our activity level and give critical consideration to which projects to focus on,” said Gunnar Myrebøe, executive vice president in StatoilHydro for Projects at the Offshore Strategy Conference in Stavanger today. Full text