Offshore

Hertel Offshore Renamed CKT Projects

Hertel has announced the acquisition of Hertel by Altrad  for its worldwide access solutions, insulation, corrosion protection and mechanical businesses. Hertel

New Subsea Company UIS Launched at OTC

A new subsea company was launched at OTC in Houston Monday. Underwater Integrity Solutions (UIS), headquartered in Houston, is an independent company focused on underwater integrity,

SCHOTTEL to Bring Hybrid and Offshore Focus to Nor-Shipping

German propulsion specialist SCHOTTEL said it will showcase propulsion solutions with the focus on offshore-applications and hybrid concepts at Nor-Shipping 2015.

Emerson Launches Subsea Wet Gas Meter

Emerson Process Management has launched its next generation Roxar subsea Wetgas Meter for accurate production measurement, reduced risk, and improved flow assurance in gas and gas condensate fields.

Ceona Wins Deepwater Gulf of Mexico Contract

Ceona, SURF contractor with heavy subsea construction capabilities, has been awarded a new deepwater contract with Houston-based Bennu Oil & Gas LLC in the Gulf of Mexico (GoM) on their Mirage field.

Brazil: Petrobras Board Misled Investors

Brazil's securities industry regulator accused the former board of state-run oil producer Petrobras of setting a fuel pricing policy that misguided investors and hurt the company.

Oil at 2015 High as Libya Output Slows

North Sea Brent crude reaches new 2015 high; Libyan oil port of Zueitina closed by protesters. Brent crude oil hit a high for the year above $67 a barrel on

Noble Energy Post Q1 Loss on Oil Price, Charges

Oil and gas producer Noble Energy Inc swung to a quarterly loss from a year-ago profit, hurt by a steep drop in crude oil prices and $87 million in charges related

ExxonMobil's License for EON Reality

  ExxonMobil Research Qatar (EMRQ) today announced that ExxonMobil has awarded a global commercial license for Immersive 3D Operator Training Simulator technology to co-developer EON Reality Inc.

OTC’s Highest Award for Petrobras

  Petrobras’ Exploration and Production Director, Solange Guedes, received the OTC Distinguished Achievement Award for Companies, Organizations and Institutions,

Golar Appointed Midstream Partner for Fortuna FLNG Project

  Golar LNG has signed a binding Heads of Terms with Ophir Energy Plc ("Ophir") for the provision of the GoFLNG vessel Gimi. The Heads of Terms has been approved by Ophir's Equatorial Guinea,

Capsized Trawler Adrift Disappearing Act in South Africa

 South Africa’s charity National Sea Rescue Institute (NSRI) was warning fishermen and other boaters in and around the Cape Peninsula and False Bay Coast to be

Entrepose Acquires PT Istana Karang Laut

Entrepose, a VINCI subsidiary, has completed the acquisition of Indonesian company PT Istana Karang Laut (IKL).    A player in the upstream and downstream sectors of Asia’s oil and gas industry,

Bergen Group Cancels Rig Facilities Sale

The Bergen Group has decided to terminate a sales agreement that would see Semco Maritime acquire its rig service yard facilities at Hanøytangen. The real estate

Pipeline Specialist Target Americas for Growth

Pipeline engineering specialist, STATS Group, has invested $2 million in new facilities in Houston to expand its services in the U.S. and South American oil and gas markets.

Play Fairway Mapping is Key in the North Sea

Regional play fairway mapping is the key to locating remaining prospectivity in the prolific North Sea hydrocarbon province, according to the new Ternan play evaluation

OTC 2015: ABS Addresses Improved Jackup Safety

Multi-pronged program promotes safe jackup operations.   ABS, a leading provider of maritime and offshore classification services, is investing in research and

Diamond Offshore Scraps Rigs

Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, said it was scrapping three rigs in the face of weak demand due to a steep fall in global crude prices.

Oil at 2015 High, Traders Discount Supplies

Brent hits 2015 high of $67.00 a barrel; U.S. weekly oil rig count falls, but decline slows. Oil rose to a 2015 high of $67 a barrel on Monday, supported by

New Chairmen at Three Chinese Oil Firms

China has appointed new chairmen for the country's top three energy groups, according to company statements on Monday, in a top-down reshuffle of the industry which

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