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Pure Oil News

15 Dec 2021

Scana Merges with PSW Group

(Photo: PSW Group)

Norwegian equipment and service supplier Scana ASA said it is merging with Bergen-based PSW Group, a player in electrification and shore power as well as a major supplier of products and services to the offshore and maritime industries. Together, the Norwegian companies aim to create a leading global service provider for maritime's green shift.“The entire maritime industry is in transition to more sustainable operations. Our goal is to create a partner for this green shift, both in shipping…

30 Apr 2014

The History of Offshore Energy

Gracing the cover of the June 1, 1957 edition was a  “Huge Oil Drilling Barge” the Margaret which was one of the largest ever built at 300 ft. long, 200 ft. wide and 93 ft. high, capable of an operating depth of 65 ft. Margaret was built by Alabama Dry Dock & Shipbuilding Company for the Ocean Drilling and Exploration Company, New Orleans.

Offshore exploration is a history of man v. Prospecting for oil is a dynamic art. From a lake in Ohio, to piers off the California coast in the early 1900s, to the salt marshes of Louisiana in the 1930s, to the first “out-of-sight- of-land” tower in 1947 in the Gulf of Mexico, the modern offshore petroleum industry has inched its way over the last roughly 75 years from 100 ft. of water ever farther into the briny deep, where the biggest platform today, Shell’s Perdido spar, sits in 8,000 ft. of water. As a planet, we have two unquenchable thirsts – for water and for oil.

12 Aug 2011

Aker Solutions Announces Strong Backlog

Aker Solutions' operating revenues in the second quarter of 2011 were NOK 7.8 billion. Earnings before interest, tax, depreciation and amortisation amounted to NOK 636 million. Order intake in the quarter was NOK 14.3 billion. "We have a strong order intake which reflects high tendering and activity levels across all business segments. In fact, our order backlog has increased 19 percent since the beginning of the year. This is in line with our long term growth plan. However, this quarter has also provided us with some reminders about the importance of further improving our operational performance," says Øyvind Eriksen, executive chairman of Aker Solutions. Second quarter consolidated revenues was NOK 7 809 million, compared with NOK 8 096 million in the same period in 2010.

24 Aug 2010

Underwater Hydrocarbon Plume in Gulf

A cable-lowered sampling system was used to collect samples for lab analysis of the plume. (Credit: WHOI/Dan Torres)

Scientists funded by the National Science Foundation (NSF) and affiliated with the Woods Hole Oceanographic Institution (WHOI) have detected a plume of hydrocarbons at least 22 miles long and more than 3,000 ft below the surface of the Gulf of Mexico, a residue of the BP Deepwater Horizon oil spill. The 1.2-mile-wide, 650-ft-high plume of trapped hydrocarbons was detected during a ten day subsurface sampling effort from June 19-28, 2010 near the wellhead. The results provide a snapshot of where the oil has gone as surface slicks shrink and disappear.

09 Jun 2000

Norway To Simplify Licensing Rules

Norway's government wants to let firms other than pure oil companies apply for stakes in offshore oil and gas licenses as part of a drive to simplify the sector and attract investments. Government officials said smaller oil companies, downstream companies and the supply industry could take stakes in licenses on the shelf if the regulations are changed. Currently only pure oil and gas firms are allowed to apply. Analysts say that companies like offshore supply group Aker Maritime are among possible new contenders for stakes.

31 Aug 1999

Increased Oil/Water Separation

Abanaki Corp. Oil Separation Division, offers three oil concentrators that complement most Abanaki oil skimmers. These optional decanters provide an effective second oil/water separation step after initial skimming - assuring virtually 100 percent pure oil and water output. Mounted at the discharge end of the oil skimmer support channel, the concentrator receives liquid directly from the skimmer. A sludge screen, easily removed for cleaning, prevents solids from entering the concentrator. Based on the principle that oil floats on water, even a minimum quantity of water can be easily removed. At the same time, the lighter, floating oil is removed from the top. The concentrators are available in half-gallon, gallon and five-gallon models.