Oil Price |
|
|
Read our latest copy |
|
|
|
|
Latest
Company News
|
New Chief Executive Officer of Aker Energy Feb 23, 2018Jan Arve Haugan has been appointed as Chief Executive Officer of the newly established oil company Aker Energy, effective 1 March 2018. Haugan is currently the President & CEO of Kværner ASA.
Borr Drilling Goes From Empty-Handed to the Largest Jack-Up Driller In Just 16 Months Feb 23, 2018“It is remarkable what Tor Olav Troim has achieved in such a short amount of time. Going from two jack-ups in December 2016 to becoming the largest jack-up provider...” says Oddmund Føre, vice president of oilfield service research at Rystad Energy.
Borr Drilling Takes Over Paragon Offshore to Expand MODU Fleet Feb 23, 2018Borr Drilling’s acquistion of Paragon Offshore will create a USD 3.57 billion MODU fleet.
SwRI to Host Inaugural International Multiphase Flow Separation Symposium Feb 23, 2018Southwest Research Institute is bringing together oil and gas industry experts for the International Multiphase Flow Separation Symposium (IMFS 2), to be held April 25-26, 2018, at SwRI’s headquarters...
Knutsen Group and Marlink Extend Contract to Ensure Future-Proof Fleet Communications Feb 23, 2018Norwegian tanker specialist Knutsen has extended its contract with Marlink, ensuring that its fleet of 38 vessels and two planned newbuilds continues to enjoy high bandwidth, reliable global IP connectivity and voice calling on the cost-effective Sealink Premium VSAT service.
Operator Achieves Optimal Hole Cleaning Using Two DAV MX™ CircSubs in a Single Drill String Feb 23, 2018Churchill Drilling Tools, an oilfield service company specialising in drilling innovation, is partnering with operators to significantly improve hole cleaning and project performance by using its flagship DAV (Dart Activated Valve) MX™ CircSub.
|
|
Spot News |
Further Increasing Johan Sverdrup ValueStatoil and partners have further increased the value of the Johan Sverdrup field as a result of continued high quality in project execution, good drilling efficiency and further maturation of the resource base.
Faroe Commences Fogelberg Appraisal WellFaroe Petroleum has announced the commencement of the Fogelberg appraisal well and contingent sidetrack 6506/9 – 4A and 4S in the Norwegian North Sea (Faroe 28.3%).
North Sea Exploration Success for BPBP has announced two new exploration discoveries in the North Sea. The discoveries are Capercaillie, in Block 29/4e in the Central North Sea, and Achmelvich, in Block 206/9b west of Shetland.
|
|
More
Company News
|
S&P Global Platts Deploys Blockchain for Collation of Fujairah Oil Inventory DataFeb 23, 2018S&P Global Platts, independent provider of information and benchmark prices for the commodities and energy markets, has announced that it is deploying a proprietary, secure Blockchain network to allow...
Siemens Backs Efficient Digitalised Large-Scale Production of BatteriesFeb 23, 2018Siemens facilitates the efficient large-scale production of batteries with a comprehensive solution portfolio of software-based systems as well as automation and drive technology spanning the entire value chain.
Tieto Acquires Petrostreamz to Strengthen its Position in the Upstream Oil and Gas BusinessFeb 23, 2018Tieto has signed an agreement to acquire Petrostreamz, a rapidly growing provider of advanced software and services for integrated asset modelling (IAM) onshore and offshore.
Wärtsilä to Ensure and Optimise Performance of Four TMS Cardiff Gas VesselsFeb 23, 2018The technology group Wärtsilä is expanding its co-operation with the Athens based ship management company TMS Cardiff Gas Ltd. Under the recently signed maintenance agreement, Wärtsilä ensures...
Subsea Line Testing Without DisconnectsFeb 23, 2018Maintaining and monitoring subsea electrical networks can be a costly and time-consuming task. Several different topside devices are used to support these networks including electrical power modules, controller modules and monitoring devices.
New Mini Series Air Hoists from J D NeuhausFeb 23, 2018J D Neuhaus, supplier of hoists and crane systems have been working in close collaboration with end users to develop the new Mini series of air hoists.
Noble Energy Awards Schlumberger Contract for Process SolutionFeb 22, 2018Schlumberger has announced the award by Noble Energy of an engineering and supply contract for a 2,000-tonne single-lift process module to be installed on the Leviathan Platform in the Eastern Mediterranean.
Halliburton Facilities, Business Lines First in Angola to Achieve API Q2 RegistrationFeb 22, 2018Halliburton has announced that its Angolan facilities, Luanda – SONILS base, which incorporates the Cabinda – Malembo base and Soyo – Kwanda base facilities, and all of the company’s product service lines in those locations have received the American Petroleum Institute (API) Specification Q2 Registration.
|
|
|
Fugro Returns to China for Gas Hydrate Research Project in Further GMGS ContractFeb 22, 2018Fugro has been awarded a contract by Guangzhou Marine Geological Survey (GMGS) for gas hydrate investigation on the Northern Continental Slope of the South China Sea.
V-IR Network Integrity Monitoring System from Viper Innovations Offers Proven SolutionFeb 22, 2018Subsea oil and gas production systems are connected electrically and hydraulically. The electric supply that feeds the subsea distribution network comes from a topside electrical power unit (EPU). Subsea networks...
Next Geosolutions Launches New UK DivisionFeb 22, 2018Next Geosolutions has announced the launch of a new division, Next Geosolutions UK Continental Shelf (Next UKCS), following its acquisition of RMS Submarine in 2017.
Sparrows Group Re-Awarded Two 5-Year Contracts from TAQAFeb 22, 2018Sparrows Group has been re-awarded two 5-year contracts with TAQA to deliver crane operations, maintenance, rigging loft and fixed lifting inspection services to its UK Continental Shelf (UKCS) assets.
Siemens Gamesa Signs New Contract to Supply 36 MWFeb 22, 2018Siemens Gamesa has secured a new order in Bosnia and Herzegovina from F.L. Wind, one of country’s independent power producers (IPP), for the supply of 36 MW.
Flow Measurement Institute Merges with Institute of Measurement and ControlFeb 22, 2018The Flow Measurement Institute (FMI) has merged into the Institute of Measurement and Control (InstMC) to create a new Flow Measurement Special Interest Group (SIG).
FSRU One Step Closer to Long-Term EmploymentFeb 22, 2018EXMAR has announced that its FSRU (Floating Storage and Regasification Unit) barge delivered end of 2017 has left the Wison Offshore Marine shipyard and is on her way to Singapore.
Grant to Shape Offshore Wind Vessel of the FutureFeb 22, 2018Design of Manor Renewable Energy’s latest crew transfer vessel for the fast-growing offshore wind industry will be shaped with the help of a GBP 50,000 grant to support innovation and cost-saving.
Wood Selected to Complete Rhyolite Ridge Lithium-Boron PFSFeb 22, 2018Wood has been selected by Australian-based lithium-boron mine developer Global Geoscience Limited to complete the Prefeasibility Study (PFS) for the Rhyolite Ridge Lithium-Boron Project in Nevada, USA.
RGU Delivers Pilot Sector Leadership Development Programme in MexicoFeb 22, 2018Aberdeen’s Robert Gordon University (RGU) has delivered a pilot Sector Leadership Development programme in Mexico, to help maximise the country’s growing oil and gas sector.
Xodus Group Welcomes Subsea 7 as a New ShareholderFeb 21, 2018Xodus Group, the engineering and advisory consultancy is welcoming Subsea 7 as a new shareholder.
Wellsite Introduces IQ Scan Technology for Tracking Durable AssetsFeb 21, 2018Wellsite Fishing and Rental Services, LLC, provider of drilling and completion rental equipment, is now utilising the IQ Scan technology suite for streamlining asset management.
|
|
|
|
|
|