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Latest Industry Updates

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

Latest Update

Brent slips towards $97 despite talks of OPEC output cuts
19 September, 2014
The price of Brent crude dropped towards $97 a barrel today despite talks of lower output from the Organization of the Petroleum Exporting Countries...
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News

Eni makes oil discovery in Ecuador
Friday, September 19, 2014 Italian energy firm Eni has made an oil discovery in Ecuador that could hold around 300 million barrels in...

Maersk sells drilling barge activities in Venezuela
Friday, September 19, 2014 Maersk Drilling has sold its drilling barge activities in Venezuela to Panama-based investment company Barrystar...

Eni makes new oil discovery in Block 15/06 offshore Angola
Thursday, September 18, 2014 Eni has made the tenth commercial oil discovery at the deepwater Ochigufu exploration prospect in Block 15/06 offshore...

GE Oil & Gas secures subsea equipment contract from Petrobras
Thursday, September 18, 2014 GE Oil & Gas has secured a subsea equipment contract worth more than $300m from Brazilian energy firm...

Oil slips towards $98 on concerns of faster US interest rates hike
Thursday, September 18, 2014 The price of Brent crude slipped towards $98 per barrel today on concerns of a faster hike in US interest...

Brent crude oil steadies at $99 on hopes of OPEC output cut
Wednesday, September 17, 2014 The price of Brent crude oil has steadied at $99 per barrel on Wednesday on expectations that the Organization of the Petroleum Exporting Countries (OPEC) may cut the 2015...

ONGC Videsh to explore oil and gas offshore Vietnam
Wednesday, September 17, 2014 India-based ONGC Videsh has agreed to participate in the exploration of oil and gas offshore...

SBM Offshore to work with Noble Energy in two US GoM fields
Wednesday, September 17, 2014 Netherlands-based SBM Offshore has secured a contract to work with Noble Energy in the US Gulf of Mexico (GoM) at the Big Bend and Dantzler...

Aker Oilfield Services secures $465m contract from Petrobras
Tuesday, September 16, 2014 Aker Oilfield Services (AKOFS), a subsidiary of Aker Solutions, has secured a $465m contract from Petrobras to provide subsea intervention services offshore...

Mitsubishi to acquire 20% stake in Ivory Coast offshore oilfield
Tuesday, September 16, 2014 Mitsubishi has agreed to acquire a 20% ownership interest in an offshore oilfield offshore Ivory Coast from Anadarko...


News Archive

Press Releases

Visit Regnier at the ADIPEC exhibition in Abu Dhabi
Friday, September 19, 2014 by Regnier Regnier, designer and manufacturer of custom hydraulic cylinders and systems for marine and offshore applications, will be at the ADIPEC exhibition in Abu Dhabi, UAE, 10-13 November...

DNV Approval for Prototype Impact Testing
Thursday, September 18, 2014 by Angus Testing & Inspection Services ATIS is pleased to inform our partners and clients that we are DNV approved to carry out prototype impact...

ROSEN Launches State-of-the-Art In-Line Inspection Tool
Thursday, September 18, 2014 by ROSEN Group The ROSEN Group has introduced the world's first four-inch in-line inspection tool, which uses high-resolution ultrasound technology for wall thickness measurement and crack inspection...

New Hydraulic Hoists Added to J.D. Neuhaus Range
Thursday, September 18, 2014 by J.D. Neuhaus Hoists incorporating the latest generation of super silent hydraulics have now been added to the J.D. Neuhaus range of high-performance lifting and handling equipment....

KBA Group Completes IMCA Surface Supplied Diving Assessment for Indonesian Divers
Wednesday, September 17, 2014 by KB Associates Group Over a two-week programme from 19 August to 2 September 2014, the first batch of 12 experienced divers from PT. Advanced Offshore Services (PT. AOS) successfully completed their Surface...

Optimised Plant Construction Industry Solution Experience to Enhance Project Delivery Performance
Wednesday, September 17, 2014 by Dassault Systemes Dassault Systèmes, the 3DEXPERIENCE Company, world-leader in 3D design software, 3D digital mock-up and product lifecycle management (PLM) solutions, announced that Cairn India, one of the...

Quality and Cost Considerations for Applying Hardbanding on New Drill Pipe vs Reapplications
Tuesday, September 16, 2014 by Postle Industries Hardbanding drill pipe with trusted hardbands, such as Duraband® NC or Tuffband® NC from Hardbanding Solutions by Postle, has been shown to decrease drilling costs and downtime while...

Cablesafe: Simplicity in Safety
Tuesday, September 16, 2014 by Westmark Cablesafe contributes to a safe workplace. It is easy to suspend cables, wires and hoses with the hooks' simple, effective...

Sica and Lean Manufacturing: a Greater Advantage for Clients
Tuesday, September 16, 2014 by SICA The continuing growth of Sica has always been marked by its sensitivity to the requirements of the market and its commitment to improving its service to customers....

Source Energy Services Enlists Legacy Building Solutions to Construct Large Frac Sand Facility
Monday, September 15, 2014 by Legacy Building Solutions Hydraulic fracturing, or fracking, is a major buzzword within oil and gas production in the US and Canada...


Press Release Archive

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