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Latest Industry Updates

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

Latest Update

China Oilfield to drill two exploration wells in Okhotsk Sea offshore Russia
03 September, 2015
China Oilfield Services (COSL) has secured a contract to drill two exploration wells in 2016 for Rosneft and Statoil's joint ventures Magadanmorneftegaz and Lisyanskmorneftegaz....
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News

EU approves Shell’s proposal to acquire BG Group for $70bn
Thursday, September 03, 2015 The European Commission has approved Shell's previously announced proposal to acquire British oil and gas firm BG Group in a $70bn deal. ...

Oil & Gas UK establishes new North Sea unit
Thursday, September 03, 2015 Oil & Gas UK has launched the Efficiency Task Force (ETF) that aims to make the North Sea industry more competitive....

Oil prices slip due to rise in US stockpiles
Thursday, September 03, 2015 Crude oil prices have fallen following a rise in US stockpile and stronger dollar value....

Arup installs offshore malampaya depletion compression platform at Malampaya Phase 3
Wednesday, September 02, 2015 Engineering and consulting firm Arup has completed installation of the offshore Malampaya Depletion Compression Platform (DCP) at Shell's Malampaya Phase 3 gas field in the West Philippine Sea...

Oil prices fall due to low economic outlook globally
Wednesday, September 02, 2015 Oil prices have fallen due to a lack of demand amid a weak global economic outlook....

Schlumberger and IBM offer integrated services to upstream oil and gas customers
Wednesday, September 02, 2015 US firms Schlumberger and IBM have joined forces to offer integrated services to upstream oil and gas customers through combining their solutions....

Wärtsilä wins contract from Hyundai Heavy Industries to supply regasification modules
Wednesday, September 02, 2015 Finland-based Wärtsilä has secured two contracts to supply seawater/propane-based regasification modules to South Korean shipyard Hyundai Heavy Industries (HHI)....

Eni discovers giant gas reserve in Mediterranean Sea offshore Egypt
Tuesday, September 01, 2015 Italian company Eni has discovered a huge gas reserve in the Zohr 1X NFW well at its Zohr Prospect in Mediterranean Sea offshore...

JX Nippon wins regulatory approval to develop Culzean field in UK North Sea
Tuesday, September 01, 2015 JX Nippon Exploration and Production and its co-venturers, Maersk Oil and BP have secured approval from the UK Oil & Gas Authority for the development of the Culzean Field located in the UK...

Keppel to acquire Cameron’s offshore rigs business
Tuesday, September 01, 2015 Singapore’s Keppel Offshore & Marine (Keppel O&M) has signed an agreement to acquire offshore rigs business of the US-based Cameron in a transaction valued at...


News Archive

Press Releases

Nexans to Power Abu Dhabi's Nasr Oil Field in €90m contract
Thursday, September 03, 2015 by Nexans Norway Nexans has been awarded a contract by Hyundai Heavy Industries to supply high-voltage power cables and infield cables for the Nasr oil field in Abu Dhabi, UAE....

Bodycote Expands Metal Joining Capacity at Cambridge
Thursday, September 03, 2015 by Bodycote New electron beam welding chamber for Nadcap merit-awarded...

Videotec Appoints New Sales Director
Wednesday, September 02, 2015 by Videotec Effective from 1 September 2015, Davide Boschetti has been appointed director of global sales for Videotec, Italian manufacturer in the video security...

Jotron to Supply PAGA Communication Systems to the Johan Sverdrup Field
Wednesday, September 02, 2015 by Jotron Jotron, a leading manufacturer of professional communication systems for land, sea and air safety, has been awarded a contract for delivery of the public address and general alarm (PAGA) systems...

CCR Containers at Offshore Energy 2015
Tuesday, September 01, 2015 by CCR Meet CCR Containers at the next edition of the Offshore Energy Exhibition in Hall 9, booth 9003, in Amsterdam, the Netherlands, on 13-14 October...

EM&I ODIN® Contract for Pacific Drilling
Friday, August 28, 2015 by EM&I Group Pacific Drilling has awarded EM&I a fleetwide agreement to provide UWILD services using ODIN®...

Warn Winches
Friday, August 28, 2015 by Winches Inc. Warn is famous for manufacturing some of the most rugged winches in the industry. Most notable for heavy-duty recovery work are the Series 9, 12, and 15 planetary...

Sulzer Signed a Multi-Year Framework Agreement with Veolia
Friday, August 28, 2015 by Sulzer Pumps Sulzer has signed a worldwide framework agreement with Veolia Environnement for three...

Merford will be attending Offshore Europe on 8-11 September 2015
Friday, August 28, 2015 by Merford Noise Control The latest edition of Offshore Europe will be held in Aberdeen, UK, from 8 to 11 September 2015 and Merford will have a stand there....

ACHEMA 2015: Enhancing Data Quality for ALIM
Thursday, August 27, 2015 by BlueCielo


Press Release Archive

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