News, views and contacts from the global Offshore industry
 

Latest Industry Updates

Stay up to date with the latest industry updates from the global offshore technology industry

Latest Update

BP settles 2010 Deepwater Horizon oil spill claims with $18.7bn payments
03 July, 2015
BP Exploration and Production (BPXP), the US upstream subsidiary of BP has agreed to pay $18.7bn to settle the claims regarding the 2010 Deepwater Horizon oil spill incident that killed 11...
> read more

News

RigNet to deliver remote offshore communications services to Southeast Asian company
Friday, July 03, 2015 US-based RigNet has been selected to deliver remote offshore communications services to an unnamed Southeast Asian offshore drilling and production assets...

FEED work to begin on $40bn Browse LNG Project off Australian coast
Thursday, July 02, 2015 Browse Joint Venture (JV) is to start front-end engineering and design (FEED) for the Browse floating LNG Project off the Kimberley coast in Australia....

Israel proposes new offshore guidelines to let Noble and Delek control Leviathan field
Thursday, July 02, 2015 Israel has proposed a new plan that will involve the US-based Noble Energy and Israel's Delek Group keeping control of the Leviathan offshore project....

Oil prices remain steady on Thursday after steep fall
Thursday, July 02, 2015 Oil prices rose slightly on Thursday after suffering losses due to larger than expected build up of inventories in the...

Shell announces final investment decision to advance Appomattox Platform in Gulf of Mexico
Thursday, July 02, 2015 Royal Dutch Shell is set to advance the Appomattox deepwater development in the Gulf of Mexico after announcing the final investment decision (FID)....

Husky Energy begins oil production from South White Rose project in Jeanne d'Arc Basin
Wednesday, July 01, 2015 Canada-based Husky Energy has started oil production from the South White Rose project in the Jeanne d'Arc Basin offshore Newfoundland and Labrador....

Oil prices fall due to Greece loan default
Wednesday, July 01, 2015 Oil prices have fallen below $63 a barrel following news that Greece has failed to make a loan repayment to the International Monetary Fund (IMF), leading to a gain in dollar value....

Technip to provide topsides engineering and procurement services for Libra field FPSO
Wednesday, July 01, 2015 Jurong Shipyard has selected French oilfield services provider Technip to provide topsides detailed engineering and procurement services for a floating, production, storage and offloading...

Texas to fund two centres to research impact of the Deepwater Horizon disaster on Gulf Coast
Wednesday, July 01, 2015 The US state of Texas has received a payout from the RESTORE Trust Fund through a federal award for two centres of excellence as part of legislation to compensate for the 2010 Deepwater Horizon...

Oil prices expected to remain stable for 2015 despite Greek crisis
Tuesday, June 30, 2015 Oil prices are expected to remain stable for the rest of 2015 and edge-up in 2016 and 2017 as global demand is predicted to rise....


News Archive

Press Releases

'The Wrap' on Wire Rope Spooling
Friday, July 03, 2015 by Winches Inc. As winching has evolved and improvements made, the industry gets stronger and is able to meet more challenges. However, something as simple as improper rope spooling can shut down a job. Here...

Tampnet Continues Expansion of Offshore 4G Network
Friday, July 03, 2015 by Tampnet Tampnet strengthens its 4G LTE coverage in the southern part of the Norwegian side of North...

Dokka Fasteners Ramps Up Hot-Forging Capacities for a New ‘Mega Bolt’ up to M100
Friday, July 03, 2015 by Würth Group In the second half of 2014, Dokka Fasteners AS Norway built up additional hot-forging capacities for a new 'mega bolt' strategy. This new strategy consists of hot forming, CNC machining,...

CFIHOS 2015: Data Integrity at Handover
Thursday, July 02, 2015 by BlueCielo In May 2015, leaders in asset information management are gathering in the Netherlands for the CFIHOS project, a new global standard for managing engineering information that offers efficiency...

Sepura DMR Technology Reaches Mongolia
Wednesday, July 01, 2015 by Sepura The municipality of Ulaanbaatar, the capital of Mongolia, has selected Sepura DMR technology for its public safety organisations. This contract was achieved in conjunction with Global...

Europe’s Largest Solar Farm to be Connected with Nexans’ Photovoltaic Cables
Tuesday, June 30, 2015 by Nexans Norway Nexans has been awarded a contract by Eiffage Energie on behalf of Clemessy to supply specialised photovoltaic cables and power cables for the Cestas solar farm in...

Seanic Announces Strategic Agreement with Envirent AS
Tuesday, June 30, 2015 by Seanic Ocean Systems Subsea tooling specialist Seanic Ocean Systems is pleased to announce a strategic distributor agreement with Norwegian firm Envirent AS....

Aberdeen Firm Investing in New Offshore Equipment
Tuesday, June 30, 2015 by Conserve Oilfield Services Aberdeen-based specialist container and tank rental firm, Conserve Oilfield Services is investing more than £1.5m in new equipment to support international growth....

Low Cost Shipboard UPS - PS 502-Series
Tuesday, June 30, 2015 by Powerstar Powerstar's small, lightweight, economical 120V AC UPSs come in three power ratings, 550VA, 650VA, and 750VA. You can replace non-delta power UPSs or surge suppressors with the world's lowest...

New Multi-Touch, Industrial-Grade PC Brings Power and Performance to Maritime
Monday, June 29, 2015 by Winmate Communication In maritime activities and naval forces, rapid, reliable and durable technology is mission critical. Winmate's marine series products feature industrial-grade design and undergo rigorous...


Press Release Archive

cachename:Newscachekey:rd-1665407042_1857678299_rd-488908060_1460672566_ap1460672566_1857678299_-87810472