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Latest Industry Updates

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

Latest Update

Expro to support Shah Deniz stage 2 project in Caspian Sea
24 April, 2014
BP has awarded a subsea contract to Expro, an international oilfield services company, for the Shah Deniz stage 2 project in the South Caspian...
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News

Today's oil prices rise on Ukraine tensions
Thursday, April 24, 2014 Crude oil prices increased today, supported by supply worries as Russia vowed to respond if its Ukrainian interests were attacked. However, further gains were restricted by the rise in US...

Aker Solutions and Baker Hughes team up to develop subsea production solutions
Wednesday, April 23, 2014 Aker Solutions has signed an agreement with Baker Hughes to form an alliance to develop technology for production solutions for reducing subsea fields...

China's Cosco to construct vessels for undisclosed customers
Wednesday, April 23, 2014 China's Cosco Shipyard Group has received two contracts, worth $100m, for the construction of emergency response / rescue / field support vessels (ERRV), as well as PX121 platform supply...

Today's Brent price steadies over slowing Chinese data
Wednesday, April 23, 2014 Brent futures remained untouched today, trading above $109 a barrel after Chinese data showed a downturn in manufacturing activities. However, any losses were kept in check by the ongoing...

Shell uncovers deep-water gas in Rosmari-1 well off Malaysia
Tuesday, April 22, 2014 Shell has announced a deep-water gas discovery off Malaysia. Located 135km offshore in Block SK318, the Rosmari-1 was drilled to a total depth of 2,123m and encountered more than 450m of gas...

Technip receives umbilical contract to support Kaombo project
Tuesday, April 22, 2014 Angoflex, jointly owned by Technip (70%) and Sonangol (30%), and Technip's wholly owned subsidiary DUCO have received a large lump-sum contract from Total E&P...

Today's Brent value steady amid uncertain Ukraine deal
Tuesday, April 22, 2014 Brent futures were steady today, trading near a six-week high of more than $110 a barrel amid uncertainties over a deal that was signed to avert the conflict in Ukraine. However, prices...

CSA unveils new application for offshore industry
Thursday, April 17, 2014 CSA Ocean Sciences (CSA) has built and hosted a login-based GeoPortal, which is part of its 'marine environmental services for spill...

Saipem wins $4bn FPSO contracts from Total in Angola
Thursday, April 17, 2014 Italian oil and gas industry contractor Saipem has secured contracts for a combined total of more than $4bn in Angola from French oil firm...

Today’s oil prices rise on mounting Ukraine tensions
Thursday, April 17, 2014 Crude futures rose today due to mounting tensions in Ukraine, which kept the geopolitical risk premium on the commodity...


News Archive

Press Releases

HMD Cut5 Glove Bridges the Gap Between Dexterity and Protection
Thursday, April 24, 2014 by Cestusline Cestusline has created an oil and gas glove that balances the protection workers need with the comfort and flexibility that encourages them to actually wear the...

WorkSite Lighting to Appear at OTC 2014
Thursday, April 24, 2014 by WorkSite Lighting Portable explosion-proof lights supplier WorkSite Lighting will appear at the 2014 Offshore Technology Conference from 5 to 8 May in Houston,...

Duraband NC Hardband Delivers Exceptional Wear Protection Without Casing Damage
Thursday, April 24, 2014 by Postle Industries Advanced drilling technology and economic pressures are pushing the envelope of drill string tool joint life as well as casing...

DuPont Wins CINDY Awards for Learning Solutions
Thursday, April 24, 2014 by DuPont Sustainable Solutions DuPont Sustainable Solutions received CINDY awards for three training programs and a short film in the recent autumn 2013 International CINDY...

Cestusline to Exhibit at OTC 2014
Thursday, April 24, 2014 by Cestusline Industrial and technical glove manufacturer Cestusline will be exhibitiing at the Offshore Technology Conference next month in...

Evonik to Exhibit at OTC 2014
Wednesday, April 23, 2014 by Evonik Industries High-performance polymers leader Evonik will be exhibiting products including VESTAMID® NRG and VESTAKEEP® PEEK at booth #4527 of OTC 2014 being held from 5 to 8 May in Houston,...

Asian Offshore Services Completes Largest Offshore Laboratory
Wednesday, April 23, 2014 by Asian Offshore Services Asian Offshore Services (AOS) has recently completed the design, build and fit-out of a large offshore laboratory building that will soon be installed on the new-build Petronas FLNG...

Increased Capability for Oil in Water and Biodiesel Blend Measurements
Tuesday, April 22, 2014 by Wilks Enterprise The new InfraCal 2 analyzer, recently introduced by Wilks, offers additional features to the already established and accepted InfraCal oil in water analyzers and InfraCal biodiesel blend...

FoundOcean to Secure Solan Oilfield Foundations
Thursday, April 17, 2014 by FoundOcean Offshore grouting contractor FoundOcean has been awarded two contracts by Heerema Marine Contractors and Bibby Offshore for the Solan oilfield development to the west of the Shetlands in the...

Billy Pugh to Exhibit X-904 transfer device at OTC 2014
Thursday, April 17, 2014 by Billy Pugh Billy Pugh will be attending the Offshore Technology Conference again this year from 4 to 7 May at Reliant Park in Houston,...


Press Release Archive

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