Lundin Petroleum Proposes Spin-Off
Feb 14, 2017
Lundin Petroleum AB has announced that its Board of Directors has proposed to spin-off its assets in Malaysia, France and the Netherlands into a newly formed company...

Oil Discovery in the Filicudi prospect in the Southern Barents Sea
Feb 13, 2017
Lundin Petroleum AB has announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has made an oil and gas discovery in the main well 7219/12-1 and is presently drilling a sidetrack 7219/12-1A on the Filicudi prospect.

Platts China Oil Analytics – China Apparent Oil Demand in December Rose 2.3%
Feb 13, 2017
China’s apparent oil demand in December 2016 rose 2.3% year over year to 11.69 million barrels per day (b/d), according to an analysis of Chinese government data by S&P Global Platts...

ExxonMobil Awards License for Efficient Drilling Technology to Pason Systems
Feb 13, 2017
ExxonMobil has awarded to Pason Systems, Inc. the first global license of its patented Drilling Advisory System™, a key component of the company’s Fast Drill™ technology suite.

Falcon Even Smarter
Feb 11, 2017
The winning formula of the Falcon – the most successful underwater electric robotic vehicle of its class in the world – has received a considerable boost.

New Clamp On Line Tensionmeter with Bluetooth App
Feb 11, 2017
Straightpoint has launched a new product for measuring tension on static lines—the Clamp On Line Tensionmeter (or COLT) – with a state-of-the-art Bluetooth load monitoring app...

Transocean Ltd. Provides Quarterly Fleet Status Report
Feb 11, 2017
Transocean Ltd. Has issued its quarterly Fleet Status Report that provides the current status of and contract information for the company’s fleet of offshore drilling rigs.

Oilfield Helping Hands Named 2017 Beneficiary of OTC Distinguished Achievement Awards Luncheon
Feb 11, 2017
Oilfield Helping Hands (OHH) has been named the 2017 beneficiary of the Offshore Technology Conference (OTC) Distinguished Achievement Awards Luncheon...

DNV GL Launches Veracity to Unlock Potential of Big Data
Feb 11, 2017
The maritime and energy industries are looking to boost their profitability and explore new business models through digitalisation.

Saudi Aramco and Baker Hughes Introduce Innovative Cable-Deployed ESP System
Feb 11, 2017
Saudi Aramco and Baker Hughes have announced the first installation of the TransCoil™ rigless-deployed electrical submersible pumping (ESP) system...

Breakthrough Offshore Wind Technology Provider Celebrates Impressive Growth
Feb 10, 2017
EOLOS, the developer of a competitive and autonomous floating offshore wind measuring system, is celebrating great successes in its first year as a commercial entity.

Rolls-Royce Delivers Damen’s 1,000th Azimuth Thruster
Feb 10, 2017
Rolls-Royce has delivered its 1,000th azimuth thruster to Damen in what marks a milestone achievement in a relationship that spans more than 30 years.

Innova Norway Selects Sonardyne SPRINT-Nav for Resident ROVs
Feb 10, 2017
Innova AS, a specialist subsea engineering and technology company based in Norway, has selected acoustic and inertial navigation technology from Sonardyne International Ltd., for two new in-field resident ROVs...

ClassNK Releases New PrimeShip-HULL (HCSR) Software
Feb 10, 2017
ClassNK has released the latest version of its design support software PrimeShip-HULL (HCSR) Ver.4.0.0., developed in response to the IACS Common Structural Rules for...

New Virtual Classrooms Save Time and Money for Training Customers
Feb 10, 2017
Kongsberg Maritime’s training division has introduced an innovative new virtual classroom solution to help customers reduce the time and cost investment of training on a wide range of disciplines.

New Chief Executive of IBIA
Feb 10, 2017
The International Bunker Industry Association (IBIA) has introduced its new Chief Executive, Justin Murphy, who brings with him an impressive and relevant leadership record.

DNV GL Connects the Oil and Gas with a New Industry Data Platform
Feb 10, 2017
The oil and gas industry is increasingly recognizing the need to overcome data quality issues and manage the ownership, control, sharing and use of data.

First Electricity Delivered from Dudgeon Offshore Wind Farm
Feb 10, 2017
Statoil reports that up to 6,000 homes in UK are now receiving electricity from the first producing wind turbine on Dudgeon Offshore Wind Farm.

Low Carbon Technologies are Now Cost Competitive with Fossil Fuels in Report from Lloyd’s Register
Feb 10, 2017
Low carbon technologies are now cost competitive with fossil fuels and innovation is gathering pace across the sector, finds a new report by Lloyd’s Register.

Aker Solutions Secures Two Global Engineering Framework Accords From BP
Feb 10, 2017
Aker Solutions has been awarded two framework agreements to provide concept and front-end engineering (FEED) services for BP globally.

Total Tubular Management Firm Appoints Business Development Director
Feb 10, 2017
Independent Total Tubular Management company, RAMCO, has welcomed a new Business Development Director to drive focus and growth within new and existing regions.

Sparrows Group to Supply 103 Cranes for the East Anglia ONE Offshore Wind Farm
Feb 9, 2017
Aberdeen-based Sparrows Group has signed a contract to supply 103 cranes for installation at ScottishPower Renewables’ 714 megawatt East Anglia ONE offshore wind farm.

The Getech Group Wins OGA 21CXRM Contract
Feb 9, 2017
Getech, providers of natural resources exploration data and information expertise, has been awarded a contract by the Oil and Gas Authority (OGA)...

Emerson’s New Education Facilities Help Meet Need for Greater Oil and Gas Expertise
Feb 9, 2017
Emerson, a global provider of automation technology and engineering services, has opened new education facilities at its Solutions Centre in Aberdeen.