Hoover Container Solutions acquired Container Company Ltd.,supplier of cargo carrying units (CCUs) for the offshore oil and gas industry. Headquartered in Aberdeen, Scotland, Container Company designs, supplies and services a full range…
Wintershall is to begin evaluating development options for the Skarfjell discovery, after a second appraisal well on the field exceeded expectations. Options could includea tie back to the Gjøa platform, or another facility, or as a standalone development…
The spudding of the Phoenix South-1 well has been pushed back by Apache until 2Q 2014, because of the company’s operational timetable including other projects Apache has in Western Australia.JV partner, Carnarvon Petroleum said that moving…
Aker Solutions completed the sale of its well-intervention services business area to EQT, a Swedish private equity fund.The unit was sold for an enterprise value of NOK 4 billion and the agreement includes an earn-out provision where Aker…
TGS announced the acquisition of a 3D multi-client seismic survey, The Nerites 3D, which covers 8,300sq mi in the Great Australian Bight, offshore South Australia. The survey is scheduled to commence in early January 2014, and will cover…
IKM Consultants is to provide multi-discipline personnel to Statoil's international operations and projects over the next 2.5 years under a new frame agreement with the Norwegian operator. This frame agreement started December 15, and includes an option for two…
Cairn India Ltd. today announced that its board of directors approved a proposal for the buyback of equity shares of the company from its existing shareholders. The buyback would be done from the open market through the stock exchanges…
Italy's Novacavi announces the launch of Aquancable, a wide range of specialist, bespoke cables for maritime and underwater technologies. These include ROV cables, fiber optic hybrid cables, umbilicals, subsea armoured cables, subsea detection…
ViChem Specialty Products, LLC, developer of the Multi-Hydroxyl Alcohol (MHA) Drilling Fluid System, announced that it is has increased its production and storage capacity 10 times for MHA base fluid, shale inhibitor, lubricant, and soil stabilizer…
Halliburton announced the official opening of its Multi-Chem business line’s Acadiana Blend Plant in Maurice, Louisiana. The new facility will help meet growing business demands in the Gulf of Mexico market and provide expanded local service capabilities…
Deepwater drilling and performance improvement firm Exceed has set up new business units in Canada and Ghana on the back of recent contract wins. The firm, on stand 3D210 at SPE Offshore Europe, is now also setting up new units in Angola…
The United States Energy Information Administration (EIA) issued news release on 9 August with its forecast that China's net oil imports will exceed those of the U.S. by October 2013 on a monthly basis, and by 2014 on an annual basis, making China the largest oil importer in the world…
Saipem announced that it has already exceeded 50% of its new contract acquisition target for 2013 in the Engineering & Construction (E&C) Business Unit. The total value of new contracts acquired from January 2013 to date in the E&C Business…
Houlder and BMT Nigel Gee have completed offshore trials of their jointly developed Turbine Access System, or TAS, at RWE's Rhyl Flats wind farm off the North Wales coast. The lightweight motion compensated gangway provides improved access to wind turbines for maintenance personnel…
The offshore division of mooring rope specialist Lankhorst Ropes is unveiling a new ultra-low creep, high modulus polyethylene (HMPE) mooring rope for 2000m-plus water depths at OTC 2012 in Houston.Based on the Lankhorst Gama 98 rope construction…
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