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EMGS launches EDDA, a joint industry 3D EM projectElectromagnetic Geoservices ASA (EMGS) is pleased to announce that it has received industry funding for a joint project to accelerate the use of 3D EM data in exploration and production. The EDDA project involves acquiring state-of-the-art 3D EM data over known fields on the Norwegian Continental Shelf. Full text |
Decommissioning Industry Body Launches Project to Help Supply Chain Win Decommissioning Work
European demand for Expro’s subsea safety systems
Technip and PETRONAS subsidiaries agree to establish a strategic business collaboration
Subsea excavation specialists Scanmudring and Marin Group form new alliance
OMS to showcase novel pipe inspection tools at Rio Oil & Gas Expo
Noble Corporation Closes Acquisition of Frontier Drilling
First Subsea invests £250,000 in Metrology and Test Equipment
Working Underwater - No Problem
Haugesund Simulatorcenter buys FGRL’s DeepTouch
Offshore Solutions Wins GDF SUEZ 'Grand Prix de L'Innovation' Award
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Gazprom Management Committee Chairman Alexei Miller and StatoilHydro President and CEO Helge Lund signed a Memorandum of understanding today in St. Petersburg on the sidelines of the XIII International Economic Forum. Full text
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