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Latest Industry Updates

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

Latest Update

ConocoPhillips fined over 2012 platform gas releases off Lincolnshire coast, UK
10 February, 2016
ConocoPhillips has been fined £3m for three separate gas leaks on the company's platform off the Lincolnshire coast between 30 November and 1 December 2012....
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News

Nobel Upstream to acquire interest in Maclure oil and gas field in UK North Sea Wednesday, February 10, 2016 Nobel Upstream has signed an agreement to acquire a 7.59% non-operated interest in the Maclure oil and gas field in the UK North Sea, from Shell....

Slight rise in oil prices over prospects of OPEC production cuts Wednesday, February 10, 2016 Oil prices are nearing $31 a barrel due to prospects of production cuts by Organization of the Petroleum Exporting Countries (OPEC) and rival producers tackling the problem of oversupply globally....

Technip to develop Deep Gulf Energy’s fields in Gulf of Mexico Wednesday, February 10, 2016 Technip has been selected to develop Deep Gulf Energy’s ultra-deepwater South Santa Cruz and Barataria fields in Mississippi Canyon, offshore New Orleans in the Gulf of...

Diamond Offshore signs service agreement with GE Oil & Gas Tuesday, February 09, 2016 US-based Diamond Offshore Drilling has signed an agreement that transfers full accountability for blowout preventer (BOP) performance to GE Oil & Gas....

Oil prices edge up due to oversupply concerns Tuesday, February 09, 2016 Oil prices have risen slightly, although gains were under scrutiny as industry analysts expect that the oversupply may not be reduced any time soon....

Qatar Petroleum to acquire interest in deepwater offshore leases in Morocco Tuesday, February 09, 2016 Qatar Petroleum has signed an agreement to acquire interest in three deepwater offshore leases in Morocco from Chevron Morocco Exploration....

Shell evacuates 80 from Brent Bravo platform in North Sea amid storm fears Tuesday, February 09, 2016 Shell has evacuated nearly 80 workers from its Brent Bravo platform in North Sea due to fears of damage from Storm Imogen....

Crude prices fall as Saudi Arabia-Venezuela talks show little progress Monday, February 08, 2016 Crude oil prices have fallen after talks between Saudi Arabia and Venezuela showed no signs of significant steps needed to stabilise the crude market that is increasingly strained by the...

EU approves Schlumberger's acquisition of Cameron for $14.3bn Monday, February 08, 2016 The European Commission has unconditionally approved oilfield services company Schlumberger’s proposed acquisition of the US-based equipment manufacturer Cameron International for $14.3bn....

Explosion at Pemex’s offshore Abkatun platform in Gulf of Mexico kills two Monday, February 08, 2016 Two workers have been killed and eight have been injured after a fire on Mexican oil company Pemex’s offshore Abkatun A Permanente processing platform in the Gulf of Mexico....

News Archive

Press Releases

DAMM at TETRA in South Africa Thursday, February 11, 2016 by DAMM Cellular Systems Showcasing a wide range of the latest equipment and applications in TETRA and critical communications, this event follows TETRA in...

Long-Term Success in Industry Requires Innovation Wednesday, February 10, 2016 by Optical Metrology Services Denise Smiles, OMS's CEO, discusses the pivotal role innovation and R&D plays within the company, as well as its importance to driving long-term economic success for the oil and...

DAMM to Attend TETRA in Botswana Tuesday, February 09, 2016 by DAMM Cellular Systems TETRA in Botswana is a mini conference and exhibition showcasing the latest TETRA and critical communications applications and...

ABLE To Offer Flare Gas Meter Verification Services Monday, February 08, 2016 by ABLE Instruments & Controls As a feature of their soon to be completed state-of-the-art training facility, Reading-based ABLE Instruments & Controls will be unveiling a verification loop for flare gas meters using...

AVEVA Supports Fabricom on Major Brownfield Project Friday, February 05, 2016 by AVEVA Solutions AVEVA laser and 3D design software integral to oil and gas offshore facility...

2016 is Now Well on the Way Friday, February 05, 2016 by TechNed Benelux 2016 is now well on the way and the prospects are more interesting than ever. For this year, we have high expectations and the first projects have already been awarded to...

Red Rooster to Exhibit at AOG 2016 Friday, February 05, 2016 by Red Rooster Industrial (UK) UK lifting equipment Red Rooster will be attending the forthcoming AOG 2016 Conference and Exhibition in Perth, Australia, between 24 and 26...

Thermtech to Supply Equipment to Local Waste Management Firm Thursday, February 04, 2016 by Thermtech Local waste management company CIC Environmental Services Sdn Bhd (CIC) signed an agreement with a Norwegian technology firm Thermtech AS for the supply of environmental treatment equipment for...

i-Tech Awarded Long-Term Contract with BP Australia Thursday, February 04, 2016 by i-Tech i-Tech is pleased to announce that it has been awarded a contract for drill support ROV services by BP...

Sulzer’s Apprentice Scheme Delivers Much-Needed Skills Thursday, February 04, 2016 by Sulzer Pumps Sulzer's Birmingham Service Centre is tackling a local skills shortage by continuing to invest in apprentices that are keen to learn new skills, as well as working towards full-time employment in...

Press Release Archive

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