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Latest Industry Updates

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

Latest Update

IMES unveils new business to improve offshore safety
31 July, 2015
IMES Group has announced the launch of a new business targeted at the oil and gas and commercial marine industries and designed to improve offshore safety....
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News

Inpex to undertake exploratory well drilling offshore Japan
Friday, July 31, 2015 The Agency of Natural Resources and Energy of Japan’s Ministry of Economy, Trade and Industry (METI) has selected Inpex to drill one exploratory well for the agency ’s offshore drilling programme....

Oil prices dip due to oversupply concerns
Friday, July 31, 2015 Oil prices have dropped due to increased concerns of oversupply worldwide following an announcement by the Organization of the Petroleum Exporting Countries (OPEC) hinting at continuing...

Sterling Energy completes acquisition of interest in Block C-3 offshore Mauritania
Friday, July 31, 2015 UK-based Sterling Energy Mauritania (SEML) has completed its previously announced acquisition of 40.5% interest in the production sharing contract (PSC) for Block C-3 located offshore in...

Oil prices rise following larger than expected fall in crude stocks
Thursday, July 30, 2015 Oil prices have rise slightly after larger than expected draw down of US crude and gasoline inventory....

PA Resources submits revised plan of development for Zarat Field offshore Tunisia
Thursday, July 30, 2015 Sweden-based PA Resources has submitted an updated plan of development to the Tunisian authorities for Zarat Field, a shallow-water, gas-condensate and oil field in offshore Tunisia. ...

Subsea 7 wins $500m contract to develop Taurus and Libra fields offshore Egypt
Thursday, July 30, 2015 Subsea 7 has secured a $500m contract from BP and partner DEA to develop the Taurus and Libra subsea fields in offshore Alexandria, Egypt. ...

Total to sell interests in four gas fields for $876m
Thursday, July 30, 2015 Total has signed an agreement with SSE E&P UK to sell 20% of its interests in four gas fields and surrounding exploration acreage for for £565m ($876m), approximately 125km north-west of...

Chevron to layoff 1,500 employees to cut costs
Wednesday, July 29, 2015 Chevron has announced plans to cut 1,500 jobs, around 2% of its global workforce, in an effort to make savings of $1bn....

Ecopetrol discovers hydrocarbons in Colombia’s ultra-deepwater
Wednesday, July 29, 2015 Ecopetrol has announced that the Kronos-1 well discovered hydrocarbons in ultra-deepwater of Colombian south Caribbean area at a depth of 3,720m....

Oil prices dip due to oversupply concerns
Wednesday, July 29, 2015 Oil prices have fallen for the fifth day in a row due to global oversupply concerns, despite an unexpected drop in US crude stocks combined with a weaker dollar....


News Archive

Press Releases

Wilkens Weather Debuts iOS Mobile App
Thursday, July 30, 2015 by Wilkens Weather Technologies As part of its ongoing effort to provide the most useful weather planning information for the offshore industry, Wilkens Weather Technologies® announced the introduction of Wilkens Weather...

Miko Plaster Withstands Welding Temperatures and Enables New Repair Technique
Thursday, July 30, 2015 by Miko Marine BW Offshore has successfully used Miko magnetic patches in a pioneering new repair technique that creates significant time and cost savings....

Hydrauvision Develops Advanced Tracking System
Thursday, July 30, 2015 by HydrauRent In the Baltic Sea, a wind farm comprising 64 wind generators has been built. The water depths vary from 20m to 40m. The project began in August 2013 and was successfully completed in April...

SeaRoc and HSEQ Experts Join Forces to Support Offshore Wind Projects in Europe
Thursday, July 30, 2015 by SeaRoc Group SeaRoc Group and HSEQ Experts have completed a collaboration agreement to provide a combined service offering to help support the construction and operation of offshore wind farms in Germany...

Wire Rope and Umbilical Challenges in the Spotlight at Offshore Europe 2015
Wednesday, July 29, 2015 by ROCOL Offshore vessel operators seeking to enhance the service life of wire ropes and umbilicals, whilst complying with the new US VGP requirements, will be able to access the technical expertise of...

Sulzer Acquired Independent Service Provider in Morocco
Wednesday, July 29, 2015 by Sulzer Pumps On 28 July 2015, Sulzer acquired the business of Expert International Pompe Service (EIPS) located in Casablanca, Morocco. Through this acquisition, Sulzer expands its footprint in North Africa....

Carson Crane Shop Sends Products Around The Globe
Wednesday, July 29, 2015 by North Pacific Crane Company They lift crab pots from the Bering Sea and transport supplies to ships in the Indian Ocean. They withstand salty seas, wind, storms and ice from the Arabian Peninsula to the south...

Paris Air Show: High Demand for Titanium Tubing Generated by Increasing Global Aircraft Build Rates
Tuesday, July 28, 2015 by Fine Tubes Fine Tubes (UK) and Superior Tube (the US), leading global manufacturers of high-precision tubing in titanium, stainless-steel and nickel alloys, enjoyed a successful week at the Paris Air Show....

NorSea Group Strengthens Executive Team with Third Appointment
Tuesday, July 28, 2015 by NorSea Group NorSea Group (UK) has appointed Karen Russell as its first UK Finance Director. Karen becomes the third addition to the group's executive team as the company continues to grow its activity...

EM&I Diverless UWILD Contract for Vantage Drilling
Monday, July 27, 2015 by EM&I Group EM&I has successfully completed the first phase of a contract to conduct an ODIN® Alternative UWILD (underwater inspection in lieu of drydock) on Vantage Drilling's platinum explorer (PLX)...


Press Release Archive

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