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Latest Industry Updates

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

Latest Update

Ghana to continue development of $4.9bn TEN offshore oil project
27 April, 2015
International Tribunal for the Law of the Sea (ITLOS) has refused to suspend Ghana's operations at the $4.9bn Tweneboa, Enyenra and Ntomme (TEN) offshore oil project in the disputed waters of...
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News

Iran invites German investment in South Pars gas field project
Monday, April 27, 2015 Iran has invited German firms to participate in South Pars gas field development project, to facilitate gas exports to Europe....

MOL Group to acquire Ithaca Petroleum Norge
Monday, April 27, 2015 Hungarian oil and gas firm MOL Group will buy Ithaca Petroleum Norge (IPN) from Ithaca Energy, as a foray into the Norwegian...

Oil holds above $65 on declined rig count in US
Monday, April 27, 2015 The price of Brent crude oil remained above $65 a barrel today, after indications that US shale production may have started to...

BP sells stake in CATS business to Antin for £324m
Friday, April 24, 2015 BP has agreed to sell its stake in the Central Area Transmission System (CATS) business in the UK North Sea for £324m ($486m) to Antin Infrastructure Partners, which already owns a...

CNOOC starts production at Kenli 10-1 oilfield in Bohai Sea
Friday, April 24, 2015 China National Offshore Oil Corporation (CNOOC) has started production at the Kenli 10-1 oilfield in the Bohai Sea,...

Oil increases slightly to above $65 on Yemen air strikes
Friday, April 24, 2015 The price of Brent crude oil increased slightly to above $65 a barrel today on concerns over the security of Middle East oil shipments due to renewed air strikes in...

OneSubsea to supply equipment to BP's development offshore Egypt
Friday, April 24, 2015 OneSubsea has won a contract to deliver subsea systems for the BP West Nile Delta Taurus Libra development, offshore...

Noble Energy agrees for $73m settlement on Colorado air pollution charges
Thursday, April 23, 2015 Noble Energy has agreed to spend $73.45m on system upgrades and projects to mitigate air pollution from its oil and gas exploration and production activities in the Denver-Julesburg (DJ)...

Oil prices stabilise as US crude inventories rise
Thursday, April 23, 2015 The price of Brent crude oil stabilised today as increasing US crude inventories neutralised the worries over renewed violence in...

US East Coast senators introduce bill to block offshore drilling in Atlantic Ocean
Thursday, April 23, 2015 US Senators from East Coast have introduced a bill preventing any leases to be issued for exploration in the...


News Archive

Press Releases

Subsea Innovation Successfully Completes Major Refurbishment of Launch and Recovery System
Monday, April 27, 2015 by Subsea Innovation Ltd. Subsea Innovation, one of the world's leading subsea equipment suppliers, is continuing to grow its service capability, following the successful refurbishment of a launch and recovery system...

VideoRay to Showcase Products at OTC 2015
Monday, April 27, 2015 by VideoRay ROV specialist VideoRay is to demonstrate its products at the Offshore Technology Conference (OTC) 2015, which is taking place in Houston, Texas, US, from 4 to 7...

Custom Safety Products to Exhibit at OTC 2015
Friday, April 24, 2015 by Custom Safety Products High-traction safety system manufacturer Custom Safety Products is to attend the forthcoming Offshore Technology Conference (OTC) in Houston, Texas,...

Mechanix Wear to Attend OTC 2015
Friday, April 24, 2015 by Mechanix Wear Hand protection supplier Mechanix Wear is to exhibit its innovative products at Offshore Technology Conference (OTC) 2015 in Houston, Texas, US, between 4 and 7...

Optimarin and Goltens Sign Worldwide Agreement Ahead of ratification of BWM Convention
Thursday, April 23, 2015 by Goltens Ballast water treatment (BWT) specialist Optimarin and Goltens, a leading provider of engineering and installation solutions for the shipping industry, have signed a non-exclusive...

Promotion for RAE Systems QRAE II Multi-Gas Diffusion or Pump Detector for O2, LEL/Combustibles, H2S & CO.
Thursday, April 23, 2015 by CitiSafe This compact portable device, available in both diffusion and pump models, monitors up to four gases in confined spaces. Designed for hazardous environments, it can measure levels of...

Pentair Launches New Electronic Thermostat
Thursday, April 23, 2015 by Pentair Thermal Management Global heat-tracing solutions provider Pentair has launched a new electronic surface-sensing thermostat for hazardous areas. The Raychem ETS-05 thermostat provides accurate temperature control...

Expom Invests into a Painting Shop
Wednesday, April 22, 2015 by Expom Expom increases production capacity in the scope of craneage and anti-corrosion protections. This is another big project in a company specialising in the production of large-dimension...

MACAW Engineering Introduces Unbonded Flexible Pipe Solutions to the Product Range
Wednesday, April 22, 2015 by MACAW Engineering Building on the established services departments, MACAW Engineering has introduced unbonded flexible pipe solutions to the product range to allow for a more integrated holistic integrity...

Oxifree to Showcase Products at OTC 2015
Wednesday, April 22, 2015 by Oxifree UK Corrosion-control specialist Oxifree is to demonstrate its products at the Offshore Technology Conference (OTC) 2015, which is taking place in Houston, Texas, US, between 4 and 7...


Press Release Archive

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