BASF and Trelleborg Offshore announce Trident™ launchBASF Polyurethane Solutions today announced that it has formed a strategic alliance with Trelleborg Offshore US Inc, to develop and market Trident™ thermal insulation for subsea applications. Trident is the next generation of Glass Syntactic Polyurethane (GSPU) and enters the market as the new standard in GSPU for the insulation of subsea structures. Full text |
Chevron Well-Positioned for Future Growth
OMS receives Subsea 2010 Award for global oil and gas exports
Clough Helix Joint Venture Announced
Petrobras Awards FMC Technologies $400 Million Subsea Tree Frame Agreement
Subsea engineering seen first-hand
SMD acquires Hallin Robotics Ltd
Awarded wind contract for Dogger Bank
The Siri-field expected back in production in January
Nexans wins 100 million Euros power cable contract for the London Array offshore wind farm project
Chevron Announces $17.3 Billion Upstream Capital and Exploratory Budget for 2010
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Virtually in parallel with the development of Britain’s offshore crude oil production sector, George (Boris) Stroud and his partner Nick Sills have worked to forge new directions and more importantly, to develop ideas and equipment to meet the challenges of subsea dredging and planned intervention, beneath the cold waters of the North Sea and in the oceans of the world, wherever the search for oil goes on. Full text
Subsea mooring specialist, First Subsea Ltd, in a joint developments with Offspring International Ltd, is launching the first of its new range of deepwater mooring connectors at DOT Monaco, 3 – 5 November. The new connectors replace traditional H-link or plate links, making installation simpler and quicker as well as improving the engineering integrity of the fibre rope connections. Full text
"Natural gas is an attractive energy source for the future," said Rune Bjørnson, StatoilHydro's executive vice president for natural gas during a press seminar in Oslo on Thursday, 24 September. Full text
Global oil and gas project resource consultancy, Mentor IMC Group looks set to buck the economic downturn with healthy ‘08/’09 growth. Financial results, due to be released later this year, are expected to reveal an increase in revenue of over 50 per cent. Full text
Subsea solutions company Hallin Marine has been awarded a five year contract by Dalgidj Private Company (“Dalgidj PC”), for remote operating vehicle (ROV) drilling support services in the Caspian Sea, off the coast of Azerbaijan. Full text
At the heart of any organisation are its people. This is the view of the Directors of Hydro Group in Aberdeen, as Staff are considered to be the company’s greatest asset. In challenging times, experts warn that cutting back on employees or their development is not always the best way forward and businesses should instead aim to invest on building their employees’ knowledge and skills to promote continuous improvement, commitment, motivation and, of course, corporate success. Full text
Analysis of 19 target countries and 26 key onshore and offshore market sectors, ranging from land drilling equipment to offshore operations, has revealed that overall expenditure levels are expected to total $2 trillion over the 2009-2013 period. Full text
Through an integration agreement, Det norske oljeselskap ASA and Aker Exploration ASA are uniting to realise their shared ambition of creating a bigger and more dynamic oil company. As a result of the merger alone, the new company will be the second biggest company by far on the Norwegian continental shelf in terms of licences and operatorship. Full text
Despite the global recession, offshore spend is expected to grow strongly – from $578 billion (bn) Capex and $379bn Opex over the last five years to $807bn Capex and $549bn Opex over the period to 2013. Exploration for fresh oil & gas supplies and development of existing and newly found accumulations from ever more demanding reservoirs in new extremes of environment, are expected to drive offshore industry spends. Full text
New offshore statistics suggest the sector is getting safer, with both the combined fatal and major injury rate and major hydrocarbon releases at their lowest since the Health and Safety Executive (HSE) began regulating the industry. Full text