News, views and contacts from the global Offshore industry
 

Latest Industry Updates

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

Latest Update

Research project to improve weather forecasting for offshore operation safety
17 April, 2015
Global energy companies, including Chevron Australia, Shell Australia, Woodside, and INPEX will jointly fund a A$3.2m ($2.48m) research project aimed at improving offshore safety and...
> read more

News

Brent crude slips below $64 per barrel
Friday, April 17, 2015 The price of Brent crude has slipped below $64 per barrel on signs of surging crude supplies from OPEC members, which negated the indications of a slowdown in US output, and conflict in the...

Statoil opens Valemon field in Norwegian North Sea
Friday, April 17, 2015 The Valemon gas and condensate field in the North Sea has been officially opened by Norway’s Petroleum and Energy Minister Tord...

TAG Oil reviews Taranaki Basin in New Zealand for next round of drilling
Friday, April 17, 2015 Canada-based oil and gas company TAG Oil is undertaking an extensive geotechnical and engineering review of the Taranaki development and exploration acreage in New Zealand, in order to commence...

Benefits from Mexico’s first shallow blocks licensing round are limited, says Global Data
Thursday, April 16, 2015 The revisions made to the terms for shallow water areas in Mexico's first licensing round have enhanced the attractiveness of the production sharing agreement terms by improving the...

BP oil spill fund spends $5bn in paying claimants
Thursday, April 16, 2015 The administrator responsible for managing the BP oil spill compensation fund has said that more than $5bn has been paid to the claimants, so...

Brent price reaches over $63 a barrel
Thursday, April 16, 2015 Price of Brent crude grew by over 3% to more than $63 per barrel on signs of a balance in the oil market, which has been facing oversupply over the last one year....

Technip wins FEED contract for two platforms in South China Sea
Thursday, April 16, 2015 China National Offshore Oil Corporation (CNOOC) has awarded a front-end engineering design (FEED) contract to French engineering firm Technip and its consortium partner China Offshore...

Bumi Armada wins $300m contract to develop floating storage unit for ElectroGas Malta
Wednesday, April 15, 2015 Malaysian offshore oil and gas services provider Bumi Armada has won a $300m contract from ElectroGas Malta (EGM) to provide a floating storage unit (FSU) in Delimara,...

Brent crude price rises above $59 per barrel
Wednesday, April 15, 2015 The price of Brent crude surged above $59 a barrel amid volatile conditions in the Middle East and the indication of a fall in US...

Lundin reports first oil from Bertam field in Malaysia
Wednesday, April 15, 2015 Swedish oil and gas company Lundin Petroleum has achieved first oil at the Bertam oil field off the coast of...


News Archive

Press Releases

Kato Engineering to Attend OTC 2015
Friday, April 17, 2015 by Kato Engineering Power systems provider Kato Engineering is to exhibit its products at Offshore Technology Conference (OTC) 2015 in Houston, Texas, US, between 4 and 7...

The Importance of Training and Knowledge Share
Friday, April 17, 2015 by Jee The oil and gas industry is an ever-evolving environment, with new and updated technologies, processes and regulations coming into place...

Worksite Lighting to Attend OTC 2015
Thursday, April 16, 2015 by WorkSite Lighting Lighting provider Worksite Lighting is to exhibit its products at Offshore Technology Conference (OTC) 2015 in Houston, Texas, US, between 4 and 7...

Visit Enduro at OTC 2015
Thursday, April 16, 2015 by Enduro Founded in 1969, the Offshore Technology Conference (OTC) is the offshore industry's largest equipment exhibition with 90,000 professionals from more than 120 countries in attendance. This...

Burner Fire Control Supplies CAFS Systems for Angola LNG
Thursday, April 16, 2015 by Burner Fire Control® JJM Fire equipment manufacturer Burner Fire Control provided Angola LNG with compressed air foam (CAFS) systems for special hazards fire...

OTN Systems Launches New Website
Wednesday, April 15, 2015 by OTN Systems OTN Systems, the leading supplier of operational telecommunication networks for critical infrastructures, has launched its new...

MACAW Release New Version of Encyclopaedia of Pipeline Defects
Wednesday, April 15, 2015 by MACAW Engineering

CO.L.MAR to Attend OCEANS'15
Tuesday, April 14, 2015 by Co.L.Mar CO.L.MAR. exhibits at oceans15, in Genova, Italy, from Monday 18 to Thursday 21 May...

Jee Secures Six-Figure Subsea Integrity Management Contract with E.ON E&P
Tuesday, April 14, 2015 by Jee Leading independent multi-discipline subsea engineering and training firm Jee has secured a six figure contract with E.ON Exploration and Production (E.ON E&P), to deliver subsea...

AVEVA's Digital Asset Approach Delivers Significant Financial Benefits for EPCs and OOs
Tuesday, April 14, 2015 by AVEVA Solutions A new business paper discusses AVEVA’s collaborative, integrated approach to creating, sharing and maintaining digital information across all stages of the asset...


Press Release Archive

cachename:Newscachekey:rd-1665407042_1857678299_rd-488908060_1460672566_ap1460672566_1857678299_-87810472