Equipment
Repsol Gets Nod for Varg Decommissioning
The Petroleum Safety Authority Norway (PSA) has granted Repsol a consent for the removal of Petrojarl Varg and subsea structures on the Varg field. Varg is an oil field in the North Sea, around 220 kilometres south-west of Utsira in Rogaland county. The field was developed using the Varg A wellhead
Halliburton Suffers $2.4 Bln Loss
Oilfield services major Halliburton has seen red in the first quarter ended March 31, 2016 as the depressive market led to high impairments and revenue decline of approximately $2.86 billion compared to same time last year. Due to negative market impact Halliburton recorded company-wide charges rela
CGG Loss Deepens
French seismic contractor, CGG, recognised widened quarterly net loss as the market slowdown made a major dent in the company’s revenues. In the first quarter 2016, CGG generated revenues of $313 million, down 45 per cent compared to Q1 2015 ($570 million) and down close to 47 per cent quarter-over-
Keppel buys LeTurneau. Expands jack-up designs offering
Singapore’s offshore rig builder Keppel Offshore & Marine has completed the acquisition of Cameron International Corporation’s offshore product division, which comprises the LeTourneau jack-up rig designs, rig kit business, as well as its aftersales and aftermarket services. The acquired company wil
Expro wraps up P&A for Apache in Gulf of Mexico
UK oilfield services company Expro has completed a plug and abandonment (P&A) project in the Gulf of Mexico (GoM) for Apache. The company said the Apache work comprised the pre-abandonment and plugging of wells in the ultra deepwater Atwater Valley and Mississippi Canyon areas. Starting in March 201
Proserv Strikes Apache North Sea Deal
Proserv has been awarded a multi-million dollar contract from Apache Corporation for work on the UK Continental Shelf. Proserv will supply a subsea control system and associated topside and subsea interface equipment for use on the new Callater wells located south of the Beryl Alpha platform. The la
FMC Technologies Scoops Spotlight on New Technology Award
FMC Technologies won a Spotlight on New Technology award for its InLine ElectroCoalescer, and was recognized at the 2016 Offshore Technology Conference (OTC) in Houston on Monday, May 2. This award recognizes and honors innovative technologies in the oil and gas industry that impact offshore explora
Proserv lands job on Apache’s North Sea wells
UK energy services company Proserv has scored a contract with Apache Corporation for work on the UK Continental Shelf. The company said it would supply a subsea control system and associated topside and subsea interface equipment for use on the new Callater wells located south of the Beryl Alpha pla
Saipem Claims Installation Records Off Brazil
Saipem said it recently established new milestones with the installation of two gas export free standing hybrid risers (FSHR), 20-inch and 19-inch respectively, located in the pre-salt area of Santos Basin. The operation took place at approximately 300 kilometres from the Brazilian shoreline. Report
TE SubCom Upgrades Caucasus Cable
TE SubCom, a TE Connectivity company, and Georgian telecommunications provider Caucasus Online have signed a contract to upgrade the Caucasus undersea cable system. The upgrade to the 1,200 km regional system is set to be completed in May 2016. Caucasus cable system provides connectivity between Pot
SME to Start PLAT-O Deployment at EMEC
Sustainable Marine Energy (SME) has arranged a £4.5 million funding to start the deployment of an array of its PLAT-O tidal energy systems at the European Marine Energy Centre (EMEC) in Orkney. SME has conducted testing of its first PLAT-O prototype in the Solent, off the Isle of Wight, during 2014
MacGregor introduces new chain jack design – Pusnes RamWindlass
MacGregor has broadened its Pusnes product range with the latest innovation, the chain-jack design Pusnes RamWindlass.
OTC 2016: Spotlight on New Technology award goes to FMC Technologies
FMC Technologies won a Spotlight on New Technology award for its InLine ElectroCoalescer, and was recognized at the 2016 Offshore Technology Conference (OTC) in Houston on Monday, May 2. According to the company’s press release on Tuesday, this award recognizes and honors innovative technologies in
Impact Subsea Introduces Right Angled ISA500
Building on the ISA500 platform, Impact Subsea has released a right angled version of the underwater atimeter. The ISA500 encompasses a long range 500kHz altimeter, with optional integrated AHRS. Ben Grant, Managing Director, said: “The right angled version of the ISA500 provides a useful physical a