Equipment
JOGMEC, PTTEP join forces for development of reservoir monitoring tech
JOGMEC has signed a memorandum of understanding (MOU) with Thailand’s PTTEP for developing new technologies to enhance o&g production efficiency. JOGMEC said on Thursday that the MoU with PTTEP was signed on March 8. To achieve this, the duo agreed to conduct joint studies and develop technology in
New Jobs at Osbit Due to £7.5M Contract Wins
Osbit Limited, the Northumberland-based offshore engineering and technology company, has embarked on a recruitment drive after securing £7.5m worth of new contracts in the past three months. The additional work, which includes projects for the oil & gas, subsea and offshore wind sectors, is enabling
GATE Energy Acquires Pipes and Flowlines Cleaning Tool
GATE Energy has acquired the eelReel Tool and associated IP and technology. The eelReel Tool is an extended reach solution to clean plugged flowlines and pipelines. This coil tubing deployed tool has an extended reach close to 5 miles (8 kilometers). BlueFin, a GATE Energy company, will deliver the
Saipem and Siemens Ink Subsea Technology Pact
Saipem and Siemens have signed a joint development agreement aimed at qualifying and promoting an open standard subsea control systems for Saipem’s Subsea Bus architecture based on Siemens Subsea DigiGrid. Siemens will through its Subsea entity support Saipem in realizing the Saipem Subsea Bus archi
Damen to Build German Fisheries Research Vessel
The German Federal Office for Agriculture and Food has signed a contract with Damen Shipyards Group for the construction of a Fisheries Research Vessel. With the vessel, to be called the Walther Herwig, the German Federal Ministry for Food and Agriculture (BMEL) will support Germany’s fisheries and
ITF: New £1M Funding for O&G Industry Innovations
The Industry Technology Facilitator (ITF) and the Oil & Gas Innovation Centre (OGIC) have joined forces to fund and support the development of innovations which could reduce costs, raise production efficiency, and improve safety and environmental performance. OGIC has made £1 million available to su
Saipem and Siemens form subsea technology pact
Italian oil and gas contractor Saipem and Germany’s Siemens have signed a joint development agreement for qualifying and promoting subsea control systems for Saipem’s Subsea Bus architecture based on Siemens Subsea DigiGrid. Siemens will, through its subsea entity, support the company in realizing t
GE Oil & Gas Opens New Deepwater Service Center in Ghana
GE Oil & Gas has opened a new facility in Takoradi Port, Ghana. The company has committed to deliver more than 45,000 training hours for Ghanaian personnel over the next five years. The facility, which will be the primary service center for deep-water offshore projects in Ghana, has a 1,600 square m
4Subsea Bags Statoil Master Service Agreement
4Subsea has secured a contract with Statoil to deliver services and research projects related to structural integrity of fixed and floating offshore installations. The contract covers the entire range of 4Subsea’s services – from oil and gas to renewable energy projects, from operational services to
Maersk Supply Service and DeepGreen in Seabed Minerals Campaign
Maersk Supply Service has partnered with DeepGreen Resources to recover polymetallic nodules from the Clarion Clipperton Zone of the Pacific Ocean. DeepGreen is advancing the NORI Area D Project (NORI D Project) through its wholly owned subsidiary Nauru Ocean Resources Inc. (NORI). The NORI D Projec
Mexssub and Intecsea Form Subsea Integrity Alliance
Two Houston-based solution providers in the oil and gas industry, Mexssub and Intecsea, have formed a strategic alliance built to deliver permanent riser and pipeline integrity solutions. The alliance should give Intecsea customers additional options for pipeline integrity management, designed to mi
Green Light for Dvalin Development
The plan for development and operation (PDO) for the DEA-operated Dvalin development has been approved by the Norwegian Ministry of Petroleum and Energy. With development costs of estimated 1.1 billion Euros (10 billion Norwegian Kroner), the Dvalin development in the Norwegian Sea was the largest P
Norway approves DEA’s Dvalin development plan
DEA Norge’s plan for Development and Operation (PDO) of the Dvalin development has been approved by the Norwegian Ministry of Petroleum and Energy. With development costs of estimated 1.1 billion Euros (10 billion Norwegian Kroner), the Dvalin development in the Norwegian Sea was the largest PDO han
Aquabotix Goes Public on ASX
UUV Aquabotix Ltd, an Australian company, is conducting an IPO of the Aquabotix business on the Australian Securities Exchange (the ASX) and will operate the underwater robotics company going forward. The company is headed by CEO and Aquabotix’s founder Durval Tavares, formerly with the United State