A digital transformation of oil and gas safety-critical emergency response training is set to save the industry more than a million hours of training time per year, driving time and cost efficiencies across the sector, a gathering of world-wide industry leaders heard at the OSCC conference in Kuala Lumpur.
The partners in the Fram license have decided to invest in a new project to increase production from the Fram field in the North Sea. The decision is taken in agreement with the partners in the Troll license.
Bibby Offshore’s Houston-based division, Bibby Subsea, has successfully completed a significant contract with Shell Pipeline, a subsidiary of Shell Oil US.
Chrysaor has awarded Sparrows Group a three-year crane management services contract for the three operating assets it took ownership of from Shell in November.
The Industry Technology Facilitator (ITF) and Norwegian Energy Partners (NORWEP) are hosting joint technology hackathon events later this month to collectively tackle operator late life and decommissioning challenges.
Whilst the reefing of retiring offshore structures makes sense to many, such projects often struggle to address the regulatory hurdles, public perception and who takes the enduring liability for the asset.
Shell has completed the sale of a package of UK North Sea assets to Chrysaor for a total of up to $3.8bn, including an initial consideration of $3.0bn and a payment of up to $600m between 2018-2021 subject to commodity price, with potential further payments of up to $180m for future discoveries.
Cyberhawk Innovations, a world leader in inspection and survey using unmanned aerial vehicles (UAV), has been certified as an External Specialist by the American Bureau of Shipping (ABS) in providing inspections for internal tanks using UAVs.
Leading international subsea solutions company, Kreuz Subsea, has announced AJ Jain as chief executive officer and Balaji Bhashyam as chief operating officer.
Ocean Installer has been awarded an agreement with Siccar Point Energy and Baker Hughes, a GE Company to support the appraisal and early production phases of the Cambo Project, with the ability to extend into the future developments.
TechnipFMC (NYSE: FTI) and (PARIS: FTI) has been awarded a subsea contract by Murphy Sabah Oil for the Phase 1A Block H Gas Development Project.
InterMoor, a leading provider of mooring services, foundation solutions, and offshore installations in subsea services group Acteon, has been awarded a 2017 Top Workplaces honor by The Houston Chronicle.
Sharply rebounding product demand pulled the four week adjusted average 3.5%, or 700 MB/D, higher than last year and caused product stocks to fall 11.3 million barrels last week.
Digital technologies are dramatically impacting almost every aspect of our personal and professional lives—enabling businesses and individuals to freely communicate, share critical information and do things more efficiently and cost-effectively.
Chairman and CEO Shane Guidry of Harvey Gulf International Marine announces the delivery of the second, large capacity 340’ Multi-Purpose Support Vessel (MPSV) significantly enhancing the domestic Jones Act Fleet.
At the next MTS Houston lunch on December 7, David Gilbert with ExxonMobil will present a summary of the HOOPS dead-leg inspection project.
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