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Latest Industry Updates

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

Latest Update

Israel’s Leviathan partners sign $3bn gas supply deal
31 May, 2016
The partners in Israel's Leviathan natural gas field have reportedly signed a $3bn deal to supply gas to IPM power plant in Be'er Tuviya near Ashdod....
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News

Statoil to complete drilling of two wells in North Sea Tuesday, May 31, 2016 Norway-based Statoil Petroleum is set to complete drilling of wildcat 30/11-12 S and appraisal well 30/11-12 A in the North Sea....

US oil prices rise as summer driving season starts Tuesday, May 31, 2016 US oil prices have increased due to the country's summer driving season beginning, signalling high demand....

Bibby Offshore to provide subsea construction services to Apache’s North Sea oil field Friday, May 27, 2016 Subsea services provider Bibby Offshore has secured a contract to provide subsea construction, remotely operated underwater vehicles (ROV) and diving services to Apache’s oil field in the...

Deals this week: BlueJack Energy Solutions, Gibson Energy Friday, May 27, 2016 BlueJack Energy Solutions has announced that it has received an equity commitment note of up to $100m from Energy Spectrum Capital, through the latter’s Energy Spectrum Partners VII...

Gazprom starts Yamal oil shipments from Arctic oil loading terminal offshore Russia Friday, May 27, 2016 Gazprom has begun year-round shipments of Yamal oil from the Arctic Gate, an Arctic oil loading terminal located offshore northern...

M&As this week: RINA, Oilmax Energy Friday, May 27, 2016 RINA has signed a definitive agreement with Phoenix Equity Partners to acquire the latter’s subsidiary Edif Group Management for a consideration of £118.5m...

Report: Multi-million dollar contracts steer the EMEA region’s oil and gas industry in April Friday, May 27, 2016 Europe, the Middle East and Africa (EMEA) experienced great activity in the oil and gas contracts in April 2016, says a report by...

BP starts water injection project at Thunder Horse platform in US Gulf of Mexico Thursday, May 26, 2016 BP has begun a water injection project at its Thunder Horse platform in the Mississippi Canyon, about 150 miles southeast of New Orleans,...

Oil prices rise above $50 a barrel Thursday, May 26, 2016 Brent oil prices have increased above $50 a barrel as worldwide supply worries showed signs of...

Shell to cut 2,200 more jobs from global workforce Thursday, May 26, 2016 Royal Dutch Shell is reportedly planning to cut 2,200 more jobs from its global workforce by the end of this year, citing a plunge in oil...

News Archive

Press Releases

World Premiere of New Boat with Diesel Outboard Engines at HSBO in Gothenburg Tuesday, May 31, 2016 by Norsafe Norsafe has launched a new boat model, the Marathon 900 RIB....

Shell Buys Award-Winning Subsea Pump Technology Friday, May 27, 2016 by Sulzer Sulzer and FMC Technologies have received a subsea multiphase boosting pump contract to upgrade one of the pumping modules in Shell's Parque das Conchas, a deepwater oil field off the coast...

Successful Blast Testing at HSL Buxton UK Tuesday, May 24, 2016 by MCL Unitex In collaboration with customer requirements, MCL Unitex developed, manufactured and successfully blast tested a unique prototype Double Sided Jet Fire-Resistant Fire Seal....

Specialist Services and RedGuard JV Forms World’s Largest Blast-Resistant and Offshore Zone 1 Module Lease Company Tuesday, May 24, 2016 by Specialist Services Specialist Services Group and RedGuard join forces in Europe, the Middle East and Australasia to supply blast-resistant and ballistic...

SAR Wins ASSE GCC HSE Excellence Award Tuesday, May 24, 2016 by SAR SAR has been awarded an ASSE GCC HSE Excellence Award for the treatment plant for OBM drill cuttings in...

CitiSafe Introduces Four New Detector Head Fittings Friday, May 20, 2016 by CitiSafe Citisafe is pleased to announce four new products to our extensive range of detector head fittings from GDS...

Intergraph® Process, Power & Marine Partners with Dynaflow Research Group to Offer Fluid Flow Analysis Software in Europe Thursday, May 19, 2016 by Intergraph® Intergraph signs a reseller agreement to sell BOSfluids®, a 3D fluid flow analysis...

Protea Delivers Cargo Lift System Wednesday, May 18, 2016 by Protea Protea is well-known for delivering high-quality handling equipment, including cranes, winches and launch and recovery systems for the offshore and onshore energy...

Warm or Cold? The Hunt for Answers to the Drilling Dilemma Remain Elusive Wednesday, May 18, 2016 by Corrosion Solutions Drilling contractors are being advised to consider the full picture of costs as they make increasingly tough choices surrounding preservation and lay-up for out-of-contract mobile drilling...

DAMM Circular at Critical Communications World 2016 Wednesday, May 18, 2016 by DAMM Cellular Systems DAMM will be represented at Critical Communication World 2016 in RAI Amsterdam in the Netherlands....

Press Release Archive

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