Petrobras with more than 2 million barrels per day production record
Petrobras announced it has set another daily oil-production record in Brazil: 2,000,238 barrels, a mark only eight companies in the world have reached. Full text
|
Downhole Products Receives Queen's Award for EnterpriseBill Barron of Aberdeen-based Downhole Products visited Buckingham Palace recently to attend the Queen’s Award for Enterprise event. The company won the award in the International Trade Category, which recognises companies for outstanding achievement in international trade. Full text |
Latest Subsea News:
IMCA passes 500 members worldwide
LNG: Powering the Future – A $106 billion market 2008-2012
First Subsea Europe event heads for London
Technip and Geogreen join forces for subsea CO2 capture
ENI enjoy exploration success making it a new major subsea industry player
Technip take over oil and gas engineering company EPG
Aker Solutions boosts its well service business through acquisition of Qserv
Offshore Spend to increase significantly in the years to come
Floating Production: Strong Growth in Spend Forecast
Subsea company Aker Solutions opens drilling risers facility in Brazil
Search
The Subsea Industry Newsletter
Join our free subsea industry newsletter.
Subsea RSS channels 
Subsea News Archive
Industry
Candidates for the NPD IOR award 2007 wanted
The Norwegian Petroleum Directorate (NPD) is looking for candidates for the IOR award for 2007. Full text
Acergy comments on the subsea market outlook
The demand for subsea engineering and construction services is expected to remain strong for the
foreseeable future. Today’s $670 million award of Block 15 work in Angola to Acergy signals the
start of the long awaited contract awards for the large deepwater projects in West Africa, which we
expect to see continuing in 2008. Full text
Petroleum production on the Norwegian continental shelf decreases
The average daily production was about 2 133 000 barrels of oil, about 220 000 barrels of NGL (Natural Gas Liquids) and about 57 000 barrels of condensate, in total of 2 411 000 barrels liquid. Full text
ExxonMobil Program Fosters Growth and Development in Local Communities in Africa
Exxon Mobil Corporation (NYSE:XOM) announced today it will host a workshop at the Corporate Council on Africa's 2007 U.S.-Africa Business Summit to highlight its development of national employees and suppliers and strategic community investments in Africa. ExxonMobil is a corporate sponsor of the Nov. 14-16, 2007, summit at the Cape Town, South Africa, Convention Center to promote opportunities for international trade and investment in Africa. Full text
UK North Sea with 4 bln usd investments for next three years
The investments in the UK continental shelf of the North Sea on oil and gas drilling projects are estimated to reach 4 bln usd over the next 3 years, according to energy consultants Hannon Westwood in a report. Full text
Aker Kvaerner search for new employees with new methods
In the middle of the morning rush, 50 Aker employees and managers trolled the train station with professional dancers, reflectors for the autumn darkness, packets of nuts for those who skipped breakfast – and an invitation to apply for a job. Full text
PetroChina listed as worlds largest company
PetroChina Co. almost tripled on its first day of trading in Shanghai, becoming the world's first company to be valued at $1 trillion, more than Exxon Mobil Corp. and General Electric Co. combined. Full text
ODIM STRATEGIC ACQUISITION FOR DEEPWATER BUSINESS
ODIM ASA has reached agreement today on acquiring ABAS Crane of Aukra and Aker Brattvaag Winch in Søvik for a total of NOK 80 million. These two companies deliver such products as special cranes, lifting systems and specialised electrical winches for ships and offshore installations Full text
GE Energy Completes Acquisition Of Sondex, A Global Oilfield Technology Company
GE Energy announced today it has completed the acquisition of Sondex plc to further expand its capability and expertise in oil & gas drilling and wireline technology. Full text