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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Lundin Petroleum today announce that in the United Kingdom's 25th Licensing Round it was awarded six exploration licences of which five are operated licences. The licence interest ranges from 25 percent to 100 percent. Full text
With increasingly frequent mention of recession and credit markets shutting up shop it was inevitable that oil prices would turn south. At present, oil markets are focused solely on demand and playing a waiting game to see how the situation unfolds with respect to economies that have driven recent demand growth such as China. Full text
Retaining the UK’s position at the cutting edge of the subsea industry will be a key focus of a pioneering subsea industry event taking place in London tomorrow. The cash saving benefits technological developments can bring to the subsea sector as well as the challenges it currently faces will be hot topics of debate during the one-day event, hosted by Subsea UK. Full text
StatoilHydro has assigned the management of its technology corporate venture activities to a special purpose company, Energy Capital Management AS. The new management company will immediately start the process of bringing in investors, establishing a fund for future investments (Fund II), aiming for a StatoilHydro ownership of some 25-40 per cent. Full text
The NPD has entered into a framework agreement with AGR Petroleum Services to provide geological and technical studies. AGR Petroleum Services will assist the NPD in its work to follow up plans for development and operation of reservoirs. Full text
Paradigm announced today the scheduled opening of its new training facility in Aberdeen, Scotland. This full-time training facility offers state-of-the-art high-performance workstations running Linux and Windows operating systems, complete with twin, 24” flat screen monitors that maximize learning Paradigm’s multi-canvas workflow-based software. Full text
Helix Well Ops said today that its Well Ops Asia Pacific team based in Perth, Western Australia recently set a new world depth record for subsea wireline intervention from a monohull vessel by retrieving tubing hanger plugs from two subsea wells located approximately 25 m (82 ft) apart in 392 m (1,286 ft) of water. Full text
New Zealand’s rights over the Continental Shelf sea floor around its coast have been officially extended by 1.7 million sq km or 42% greater than covered by the 200 nautical mile-wide EEZ area. Crown Minerals is to begin work to understand these basins to announce blocks offers for exploration within the next five years. Full text
Aibel AS and Odfjell Drilling Technology AS (ODT) have signed a strategic cooperation agreement that will enable the two companies to submit joint tenders for large scale EPCI drilling upgrade projects in Norway. The main aim of the collaboration is to be able to participate in the major EPCI projects of the future that StatoilHydro, ConocoPhillips and other operators are planning. Full text
The Directorate for Cultural Heritage has characterised a selection of installations on the Norwegian continental shelf as valuable symbols of the development of modern Norway. The Statfjord field is now to become part of the cultural heritage. Full text