Offshore Technology-Updates The latest content updates from the www.offshore-technology.com web site http://www.offshore-technology.com/ en-us http://www.offshore-technology.com/ Offshore Technology-Updates http://www.offshore-technology.com/content/images/logo_big.gif M&As this week: MeeMaken, Skeye, Palfinger http://www.offshore-technology.com/news/newsmas-this-week-meemaken-bv-skeye-bv-palfinger-ag-4957209 http://www.offshore-technology.com/news/newsmas-this-week-meemaken-bv-skeye-bv-palfinger-ag-4957209 Netherlands-based investment holding company, MeeMaken, has acquired Kenz Figee Group in order to expand its investment portfolio. Thu, 21 Jul 2016 23:00:00 GMT Noble Energy commences production at Gunflint oil field in Gulf of Mexico http://www.offshore-technology.com/news/newsnoble-energy-commences-production-at-gunflint-oil-field-in-gulf-of-mexico-4957513 http://www.offshore-technology.com/news/newsnoble-energy-commences-production-at-gunflint-oil-field-in-gulf-of-mexico-4957513 Noble Energy has started production at its Gunflint oil development located in the deepwater Gulf of Mexico.  Thu, 21 Jul 2016 23:00:00 GMT Lundin Norway starts drilling campaign in Barents Sea http://www.offshore-technology.com/news/newslundin-norway-starts-drilling-campaign-in-barents-sea-4957500 http://www.offshore-technology.com/news/newslundin-norway-starts-drilling-campaign-in-barents-sea-4957500 Lundin Petroleum’s wholly-owned subsidiary Lundin Norway has started its exploration and appraisal campaign in the Loppa High area in the southern Barents Sea. Thu, 21 Jul 2016 23:00:00 GMT Report: Cyprus seeks new exploration investment through third offshore licensing round http://www.offshore-technology.com/news/newsreport-cyprus-seeks-new-exploration-investment-through-third-offshore-licensing-round-4955698 http://www.offshore-technology.com/news/newsreport-cyprus-seeks-new-exploration-investment-through-third-offshore-licensing-round-4955698 Cyprus is offering blocks 6, 8 and 10 in its third offshore licensing round, which it hopes to attract more investments even as exploration budgets have been greatly slashed, according to a report from GlobalData. Thu, 21 Jul 2016 23:00:00 GMT EGA Master Project Case Studies http://www.offshore-technology.com/downloads/whitepapers/maintenance/ega-master-project-case-studies/ http://www.offshore-technology.com/downloads/whitepapers/maintenance/ega-master-project-case-studies/ A PDF featuring projects from across the globe that chose to use EGA Master tools and services. Thu, 21 Jul 2016 10:12:00 GMT Oil prices remain steady as US crude inventories decline http://www.offshore-technology.com/news/newsoil-prices-remain-steady-us-crude-inventories-decline-4956696 http://www.offshore-technology.com/news/newsoil-prices-remain-steady-us-crude-inventories-decline-4956696 Oil prices have remained steady after the US Energy Department reported a drawdown of crude inventories. Wed, 20 Jul 2016 23:00:00 GMT Mexico launches auction terms for 15 offshore blocks http://www.offshore-technology.com/news/newsmexico-launches-auction-terms-15-offshore-blocks-4956299 http://www.offshore-technology.com/news/newsmexico-launches-auction-terms-15-offshore-blocks-4956299 Mexico's oil regulator CNH has revealed auction terms for 15 exploration and production blocks in the southern Gulf of Mexico, with bids planned for March next year. Wed, 20 Jul 2016 23:00:00 GMT Vestigo Petroleum to operate and maintain Berantai offshore field http://www.offshore-technology.com/news/newsvestigo-petroleum-to-operate-maintain-berantai-offshore-field-4956382 http://www.offshore-technology.com/news/newsvestigo-petroleum-to-operate-maintain-berantai-offshore-field-4956382 Petronas has appointed its wholly owned subsidiary Vestigo Petroleum to continue operations and maintenance of the Berantai offshore field. Wed, 20 Jul 2016 23:00:00 GMT Non-Contact Rising Stem Ball Valve http://www.offshore-technology.com/downloads/whitepapers/valves/rsbv-ot/ http://www.offshore-technology.com/downloads/whitepapers/valves/rsbv-ot/ Control Seal non-contact rising stem ball valves have a single-seat non-friction design that is able to operate and has proven an exceptional long-life span under extreme conditions. Wed, 20 Jul 2016 09:11:00 GMT KrisEnergy begins seismic acquisition programme in Gulf of Thailand http://www.offshore-technology.com/news/newskrisenergy-commences-seismic-acquisition-programme-in-gulf-of-thailand-4955208 http://www.offshore-technology.com/news/newskrisenergy-commences-seismic-acquisition-programme-in-gulf-of-thailand-4955208 The CGG Amadeus vessel has started a seismic acquisition programme for Singapore-based KrisEnergy in the G10/48 contract area in the Gulf of Thailand. Tue, 19 Jul 2016 23:00:00 GMT Cluster 2 Fields Development, Block KG-DWN-98/2, Bay of Bengal http://www.offshore-technology.com/projects/cluster-2-fields-development-block-kg-dwn-982-bay-of-bengal/ http://www.offshore-technology.com/projects/cluster-2-fields-development-block-kg-dwn-982-bay-of-bengal/ The KG-DWN-98/2 Block is located offshore Godavari Delta on the east coast of India covering an area of 7294.6km² of the Krishna-Godavari basin. Tue, 19 Jul 2016 23:00:00 GMT Engie spuds exploration well PL 636 Cara in North Sea http://www.offshore-technology.com/news/newsengie-spuds-exploration-well-pl-636-cara-north-sea-4955213 http://www.offshore-technology.com/news/newsengie-spuds-exploration-well-pl-636-cara-north-sea-4955213 Norway-based Engie E&P Norge has spudded the exploration well PL 636 Cara in the northern North Sea. Tue, 19 Jul 2016 23:00:00 GMT Oil prices rise as investors await US crude stocks data http://www.offshore-technology.com/news/newsoil-prices-rise-as-investors-await-us-crude-stocks-data-4955284 http://www.offshore-technology.com/news/newsoil-prices-rise-as-investors-await-us-crude-stocks-data-4955284 Oil prices have increased with investors watching for a signal from weekly crude stocks data in US on whether the oversupply was easing. Tue, 19 Jul 2016 23:00:00 GMT BOEM releases draft EIS for potential Cook Inlet lease sale http://www.offshore-technology.com/news/newsboem-releases-draft-eis-potential-cook-inlet-lease-sale-4953339 http://www.offshore-technology.com/news/newsboem-releases-draft-eis-potential-cook-inlet-lease-sale-4953339 The US Bureau of Ocean Energy Management (BOEM) has released a draft of an environmental impact statement (EIS) that analysed the possible impacts of an oil and gas lease sale in Cook Inlet, off Alaska’s south central coast. Mon, 18 Jul 2016 23:00:00 GMT EnQuest to sell stake in Kraken development in North Sea http://www.offshore-technology.com/news/newsenquest-sell-stake-kraken-development-north-sea-4953677 http://www.offshore-technology.com/news/newsenquest-sell-stake-kraken-development-north-sea-4953677 EnQuest has signed a memorandum of understanding (MoU) to sell its interest in the Kraken development in the UK North Sea to Israel-based Delek Group. Mon, 18 Jul 2016 23:00:00 GMT Oil prices drop 1% over fears of another glut http://www.offshore-technology.com/news/newsoil-prices-drop-1-over-fears-another-glut-4953916 http://www.offshore-technology.com/news/newsoil-prices-drop-1-over-fears-another-glut-4953916 Oil prices have fallen 1% after increasing stockpiles of crude and refined fuel led to fears of another glut. Mon, 18 Jul 2016 23:00:00 GMT Brexit Slows Down Manufacturing Recovery http://www.offshore-technology.com/contractors/steel/columbia-metals/pressbrexit-slows-down-manufacturing-recovery.html http://www.offshore-technology.com/contractors/steel/columbia-metals/pressbrexit-slows-down-manufacturing-recovery.html Columbia Metals' Q2 survey of market conditions in the sector suggests that Brexit has taken the wind out of the sails of the UK's precision engineers. Mon, 18 Jul 2016 09:51:00 GMT Oil prices remain unchanged over failed military coup in Turkey http://www.offshore-technology.com/news/newsoil-prices-remain-unchanged-over-failed-military-coup-in-turkey-4952231 http://www.offshore-technology.com/news/newsoil-prices-remain-unchanged-over-failed-military-coup-in-turkey-4952231 Oil prices have remained unchanged after traders did not feel any impact of the failed military coup in Turkey. Sun, 17 Jul 2016 23:00:00 GMT Sembcorp delivers jack-up rig to UK offshore drilling contractor Noble http://www.offshore-technology.com/news/newssembcorp-delivers-jack-up-rig-uk-offshore-drilling-contractor-noble-4952254 http://www.offshore-technology.com/news/newssembcorp-delivers-jack-up-rig-uk-offshore-drilling-contractor-noble-4952254 Sembcorp Marine has delivered the jack-up rig Noble Lloyd Noble to UK-based offshore drilling contractor Noble. Sun, 17 Jul 2016 23:00:00 GMT OneSubsea wins contract for Woodside's $1.9bn Greater Enfield project in Australia http://www.offshore-technology.com/news/newsonesubsea-secures-contract-woodside-19bn-greater-enfield-project-australia-4952242 http://www.offshore-technology.com/news/newsonesubsea-secures-contract-woodside-19bn-greater-enfield-project-australia-4952242 Schlumberger company OneSubsea has secured a $300m contract for Woodside Energy's $1.9bn Greater Enfield project in offshore north-west Australia. Sun, 17 Jul 2016 23:00:00 GMT