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Latest Industry Updates

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

Latest Update

Crude futures edge up due to weaker US dollar
27 May, 2015
Crude futures on have edged up by 1% due to a weaker dollar and expectations that crude stocks in the US declined for a fourth straight week....
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News

Edison Norge gets approval to drill wildcat well in Valhall oil field, North Sea
Wednesday, May 27, 2015 Edison Norge has obtained a drilling permit from the Norwegian Petroleum Directorate to drill wellbore 2/11-11....

Eni discovers gas and condensates offshore Libya
Wednesday, May 27, 2015 Italian oil company Eni has discovered gas and condensates offshore Libya in the Bouri North exploration prospect in Area D....

Kongsberg to deliver technology for Statoil’s Johan Sverdrup filed in North Sea
Wednesday, May 27, 2015 Statoil has awarded an order worth Nkr200m ($26m) to Kongsberg Maritime to deliver its technology for the company's four platforms on the Johan Sverdrup field centre in the North Sea....

Barakah contracted to supply pigging accessories for offshore operations in Malaysia
Tuesday, May 26, 2015 PBJV Group, a subsidiary of Barakah Offshore Petroleum, has secured a contract with Sarawak Shell and Sabah Shell Petroleum to supply pigging equipment to offshore Sarawak and Sabah, Malaysia....

Crude oil prices dip on Tuesday due to stronger US dollar
Tuesday, May 26, 2015 Crude oil prices have fallen following an anticipated increase of US shale output and stronger dollar....

Cue Energy begins production from Maari well offshore Taranaki, New Zealand
Tuesday, May 26, 2015 Cue Energy has started production from the Maari MR7A development well located offshore Taranaki, New Zealand. ...

Viper Subsea partner to deploy line insulation monitor units into North Sea fields
Tuesday, May 26, 2015 An unidentified sponsor of Viper Subsea's join industry project (JIP) has proposed to deploy V-LIM line insulation monitor units into various North Sea fields in June....

BP, Halliburton and Transocean settle 2010 Deepwater Horizon claims
Friday, May 22, 2015 BP has settled the 2010 Deepwater Horizon financial claims with US-based oilfield services provider Halliburton and Swiss contract drilling company Transocean....

Oil prices fall on Friday due to Middle East supply concerns
Friday, May 22, 2015 Oil prices have fallen over supply concerns following escalating geopolitical disturbance in the Middle East....

Statoil claims Gudrun pipeline leak in North Sea could have been 'fatal'
Friday, May 22, 2015 Statoil has completed its investigation into the leak that occurred on the Gudrun platform in the North Sea in February, stating that it could have been 'fatal'....


News Archive

Press Releases

New Ichthys Project Employs SharpEye and SafEye Detectors
Wednesday, May 27, 2015 by Spectrex The Ichthys Project is a world-class project to develop a gas and condensate field approximately 130 miles (200km) off the north-west coast of...

Aluminum Ceramic Non Skid Peel and Stick
Wednesday, May 27, 2015 by Silva Non-Skid Solutions Silva Non Skid Solutions (SNSS) manufactures Silvagrip®, an aluminum ceramic non-skid peel and...

SPIR STAR Re-Certifies its DIN EN ISO 9001: 2008 Certification in May 2015
Wednesday, May 27, 2015 by SPIR STAR "To lead and operate an organisation successfully, it is necessary to direct and control it in a systematic and transparent manner. Success can result from implementing and maintaining a...

ELA Container Offshore GmbH is Main Sponsor of WINDFORCE 2015 Conference in Bremerhaven
Tuesday, May 26, 2015 by ELA-Container ELA Offshore Living Quarter and newly developed MEDICbox by WINDEAcare will be...

Pentair Launches Global Contest to Celebrate 40 Years of Raychem Innovation
Friday, May 22, 2015 by Pentair Thermal Management Pentair's Technical Solutions, the leading provider of electrical heat-tracing systems, has launched the Pole Position contest to celebrate the 40-year anniversary of its Raychem...

Ferguson Group Expands Chemical Tanks Range in Norway
Thursday, May 21, 2015 by Ferguson Group Ferguson Group, a global specialist in the provision of offshore DNV 2.7-1/EN12079 containers, freezers, workspace and accommodation solutions, has increased its Norwegian product range to...

Suction Pile Foundation for Dudgeon Transformer Substation
Thursday, May 21, 2015 by SPT Offshore SPT Offshore has been awarded the design, fabrication and installation of the suction pile foundation for Statoil Siemens Dudgeon Transformer Substation to support Sembmarine SLP being the...

Hampidjan’s DynIce Warp Rope Used to Retrieve Apollo 11 Motor
Thursday, May 21, 2015 by Hampidjan It is 44 years since Neil Armstrong first stepped on the Moon to mark one of the most significant points in human history, and recently one of the motors of the Saturn V rocket that took him...

KBC Releases New Versions of its Engineering Software Suite
Wednesday, May 20, 2015 by KBC Processing Technologies KBC Advanced Technologies (KBC), a leading consultancy and software provider to the upstream, midstream, downstream and petrochemical hydrocarbon industries is pleased to announce the launch of...

KBC Advanced Technologies Enters Cooperation Agreement with Kongsberg Oil & Gas Technologies
Tuesday, May 19, 2015 by KBC Processing Technologies KBC Advanced Technologies (KBC) and Kongsberg Oil & Gas Technologies AS are pleased to announce that they have entered into a non-exclusive cooperation agreement to develop stronger...


Press Release Archive

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