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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Cameron have entered into an agreement under which Cameron will acquire NATCO in an all-stock
transaction that values NATCO at approximately $780 million. The boards of directors of both Cameron and NATCO have unanimously approved the transaction, which is expected to close during the third quarter of 2009, subject to regulatory approvals, approval by a majority of NATCO’s shareholders. Full text
A global initiative to promote shared knowledge of flexible pipe issues in the subsea sector makes its Norwegian debut this week. Set up by the Aberdeen office of advanced subsea technology company MCS in a bid to raise standards and generate cross-company relationships in the subsea engineering community, the popular Flexible Network Forum (FNF) programme has already taken place in Aberdeen and Perth Australia. Full text
Aberdeen-based Sigma Offshore Limited, the engineering and project management company, which has developed a unique mooring and loading system for production and storage vessels servicing the oil and gas sector, has secured funding totalling £2 million to further develop its enabling technology for stranded oil reserves. Full text
Schlumberger announced today that it has acquired the shares of Techsia SA, a supplier of petrophysical software based in Montpellier, France. Techsia, well-known in the industry for its flagship Techlog© product, will become the Schlumberger Petrophysics Software Center of Excellence for the development of state-of-the-art solutions for the oil and gas exploration and production industry. Full text
n seeking to explain the run up in oil prices from 2004 to 2008, commentators often turn to ‘speculation’ as the primary cause. While speculation — or at least a kind of piling-on — may have explained the very late stages of the oil price rally, the willingness to attribute oil prices primarily to financial investors — as the CBS news show ’60 Minutes’ did a few months back. Full text
The seventh season of the TGS Renaissance 2D seismic program in partnership with Fugro AS has commenced. This regional grid of long offset and long record seismic data has been expanding since 2003 and is located in the North Sea, the Mid-Norway and the Barents Seas. Full text
Attendance at the 2009 Offshore Technology Conference (OTC) reached 66,820 strong despite a global economic recession and initial concerns about swine flu. Energy professionals from more than 120 countries met at the world’s largest offshore resources industry event, held May 4-7 at Reliant Park in Houston. Full text
The Underwater Centre in Fort William is to be the first diver training centre in the world to offer Alternating Current Field Measurement (ACFM) courses.As the world's leading subsea training facility, The Underwater Centre specialises in the delivery of diver and ROV pilot training and offers unique facilities for testing and trialing new technology. Full text
GE Oil & Gas, a world leading company in oil & gas advanced technology equipment and services, announced today that it has agreed to a close cooperation with SPT Group that offers its global customers enhanced online flow assurance solutions for improved flow regularity over the life of the field. Full text
The awards in the 20th licensing round comprise 9 new production licenses in the Barents Sea and 12 new production licenses in the Norwegian Sea. The Government puts great weight on important environmental and fisheries concerns. The conditions relating to environmental and fisheries concerns has therefore been strenghtened. In some block there have been introduced time restrictions on seismic surveys. Full text