DNV GL research paper shows bright future for subsea processing
Jun 19, 2015
DNV GL launched a research paper exploring the viability of moving offshore oil and gas processing subsea, including the techno-economics of an ‘all subsea’ solution. The report addresses current limitations, but also highlights opportunities for subsea technology.To lend clarity to the topic, the paper compares a benchmark FPSO set-up with a hypothetical all-subsea field development solution. However, instead of making a direct comparison between the two alternatives, the paper adopts a stepwise approach,

Drydocks World highlights maritime capabilities at the 50th Nor-Shipping Exhibition
Jun 19, 2015
Drydocks World showcased the global services, projects and state-of-the-art infrastructure of Drydocks World to an international audience at

Dundee Energy makes management changes
Jun 18, 2015
Dundee Energy Limited announced the resignation of Mr. Jaffar Khan as President and Chief Executive Officer of the Company. Mr. Harold (Sonny) Gordon,

TAG Oil declares appointment to board of directors
Jun 18, 2015
TAG Oil Ltd. says that Mr. Henrik Lundin will join the Board of Directors of the Company, effective immediately. Mr. Lundin is an experienced oil and gas engineer

Comet Ridge appoints Christopher Pieters as Executive Director
Jun 18, 2015
Comet Ridge Limited has appointed Mr Christopher Pieters to the role Executive Director, effective today. Chris Pieters has been a non-executive director of Comet Ridge

EMGS implements further cost reductions
Jun 18, 2015
Electromagnetic Geoservices ASA (EMGS) implements further cost reductions reflecting the challenging market conditions in the oil service industry.

AnTech Ltd reports record product sales
Jun 18, 2015
AnTech Ltd has reported record results across its product division, with overall sales up by 52% during the last financial year.

Marquee Energy makes board appointments
Jun 18, 2015
Marquee Energy Ltd. has appointed Mr. Glenn Carley as Chairman of the Board of Directors. Mr. Carley has served as a Director on Marquee's Board

Industry accreditations strengthen Survivex training portfolio
Jun 18, 2015
Survivex has attained approvals from the International Association of Drilling Contractors (IADC), American Petroleum Institute (API) and

Origin Energy declares director retirement
Jun 18, 2015
Origin Energy Limited says that Sir Ralph Norris has advised that, because he intends to reduce his public company board commitments,

Sempra Energy to pursue formation of Sempra Partners, LP
Jun 18, 2015
Sempra Energy says that its board of directors has authorized the company to pursue the formation and initial public offering of a publicly

Ceona appoints new Chief Executive Officer
Jun 17, 2015
Ceona says that the company’s executive vice president commercial and business development, Mark Preece, has been appointed

PRD Energy makes management changes
Jun 17, 2015
PRD Energy Inc. says that Mr. Edmund Watchuk, Vice President, Exploration of the Company, has chosen to retire from the

Ocean Signal launches rescueME EDF1 electronic distress flare
Jun 17, 2015
Ocean Signal introduces the new rescueME EDF1, the world’s most compact electronic distress flare, to the commercial market

P&A Guideline from DNV GL could save the oil and gas industry more than USD32 billion
Jun 17, 2015
The plugging and abandonment (P&A) of offshore wells represents a significant cost to operating companies and national authorities. On the Norwegian Continental Shelf (NCS) alone, the cost is estimated to be USD108bn (NOK1870bn) over the next 40 years. Now a new DNV GL guideline will introduce a risk-based approach instead of the current prescriptive practice.

J2 Subsea opens new subsea tooling facility in Houston
Jun 17, 2015
J2 Subsea, an Acteon company, has opened a new subsea tooling facility at sister Acteon company, Seatronics’, subsea

Delivering improvements, estimating workforce reductions
Jun 17, 2015
The effort to standardise, simplify and increase efficiency across Statoil enters the next phase. The potential workforce reduction

Platts JKM™ for July-delivered LNG plunged 41.3% from year ago on poor demand
Jun 17, 2015
Prices of spot liquefied natural gas (LNG) for July delivery to northeast Asia averaged $7.600 per million British thermal units (/MMBtu),

Unique Group and KBAT to introduce a series of health, safety & diving courses in the UAE
Jun 17, 2015
Unique Group has recently collaborated with KBA Training Centre (KBAT) based in Singapore in order to offer a series of Health

Emerson enhances software to help operators maximize the value of reservoir assets
Jun 17, 2015
Emerson Process Management has launched the latest version of its reservoir modeling software, Roxar RMS™. The new version

Halliburton introduces Illusion® Frac Plug
Jun 17, 2015
Halliburton’s Completion Tools business line introduced the Illusion® frac plug, the only fully dissolvable frac plug on the market.

Training: Cost cutting while remaining cutting-edge
Jun 16, 2015
Businesses are operating in tough economic times, with budgets being significantly cut during the current industry downturn.

Sparrows Group appoints experienced director to oversee Americas growth
Jun 16, 2015
The Sparrows Group has boosted its senior management team with the appointment of an experienced director to head up its operations

Comet Ridge announces retirement of non-executive director
Jun 16, 2015
Mr Anthony (Tony) Gilby, a non-executive Director of Comet Ridge Limited has announced his retirement from the Board of Comet