Fossil Energy
Suretank grabs first major U.S. order
Suretank, a provider of engineered transport solutions to the offshore oil and gas industry, has secured its first major US order since launching its new manufacturing facility in Houma, Louisiana in March. The $4 million order from Hoover Container Solutions Inc, based in Houston, comprises of chem
Emerson deploys downhole wireless sensor system on Statoil’s Skuld field
Emerson Process Management has announced the successful first deployment of its Roxar Downhole Wireless PT Sensor System. The new instrument has been deployed as part of the completion on Statoil’s Skuld field in the Norwegian North Sea, where it is measuring online and in real-time pressure and tem
PSA audits Statoil’s Troll B for barrier management
From 18 to 24 March 2014, the Petroleum Safety Authority Norway carried out an audit of integrity management of flexible risers and associated safety equipment and barrier management at Troll B. Objective The objective of the audit was to verify that integrity and barrier management for flexible ris
AMEC names Group President of Strategy and Business Development
AMEC, the international engineering and project management company, has appointed Jeff Reilly as Group President of Strategy and Business Development. He will be a member of the AMEC Group Management Team, reporting to Chief Executive Samir Brikho, and will be based in Houston, Texas, United States.
Read DNV GL’s report ‘Subsea – Technology Developments, Incidents and Future Trends’
DNV GL has issued the report ‘Subsea – Technology Developments, Incidents and Future Trends’ on behalf of the Norwegian Petroleum Safety Authority. “The ongoing increase in technology enhancement and the number of worldwide subsea field developments will demand greater focus on a number of issues. T
Petrobras achieves record operational efficiency in Campos Basin
Petrobras has announced that the company’s Campos Basin Operational Unit reached 80.6% efficiency in April, while the Rio de Janeiro Operational Unit, which manages the platforms with the largest production capacity in the same basin, achieved 96.2% efficiency in March – the best operational efficie
TGS and EMGS expand Barents Sea cooperation
Electromagnetic Geoservices ASA and TGS have agreed to further expand the companies’ cooperation agreement in the Barents Sea. Currently, TGS has a 30% ownership in the multi-client EM data over 17 blocks in the Hoop area. The agreement will be expanded with 4 new blocks in the Hoop area and 14 bloc
Repsol reports profit rise
In the first quarter of 2014, Repsol posted net income of 807 million euros, an increase of 27.3% from the year-earlier period. Adjusted net income at current cost of supply was 532 million euros, a rise of 1.5% from the year-earlier period. This result was obtained in an environment marked by the d
‘Polarcus Naila’ starts seismic production
Polarcus Limited has announced that Polarcus Naila started full seismic production on Wednesday, 07 May, only three days after start of mobilization. Related: ‘Polarcus Naila’ prepares for ‘UK Breagh’ survey Polarcus Naila is acquiring the “UK Breagh” RightBand(TM) multi-client project. The survey i
EMGS signs with Nalcor for 3D EM survey
EMGS has signed a multi-client license agreement with Nalcor Energy, the Provincial Energy Corporation of Newfoundland and Labrador, for the acquisition of up to 13,500 km2 in a multi-season campaign. The CSEM survey is expected to begin in June of this year and will target the Flemish Pass Basin, w
Chinese ships crash into Vietnamese vessels amid offshore rig dispute
Vietnamese government claims that China has deployed as many as 80 ships, including seven military vessels, and even aircraft to the area in the South China Sea where CNOOC has deployed its semi-submersible drilling rig HD-981. Vietnam said that the move by the Chinese oil company was illegal. The i
McDermott reports 1Q net loss of $50M
McDermott International, Inc.today announced financial results for the quarter ended March 31, 2014. The Company reported a first quarter net loss of $50 million or $0.21 per fully diluted share, and an operating loss of $42 million. The Company reported first quarter revenues of $604 million, a dec
Petrobras: 17.000 people to be trained for work in oil & gas sector
This Tuesday (May 6th), Paulo Sergio Rodrigues Alonso, the Petrobras CEO’s special advisor on local content and executive coordinator of Prominp (National Oil and Gas Sector Mobilization Program), revealed that a total of seventeen thousand people will be trained to work in the oil and gas sector be
Centrifuges Un-Limited showcases its Elvos system at OTC 2014
Aberdeen-based oil and gas service company Centrifuges Un-Limited is showcasing its technology at the Offshore Technology Conference (OTC) in Houston for the first time. Since its launch and subsequent trials, the Elvos® slops treatment system has generated considerable interest from major oil and g