Pipeline technology specialist, STATS Group (STATS), is targeting new opportunities in the Australian and Papua New Guinea oil, gas and industrial sectors by extending its relationship with OSD Pty Limited.

The Gathering Storm

Coretrax, specialists in tailored wellbore and abandonment services, has announced its expansion into South East Asia with a $1.5 million investment across three bases in the region.

ExxonMobil has increased its holdings in Brazil’s pre-salt basins after winning eight additional exploration blocks during Brazil’s 15th bid round. The blocks awarded add about 640,000 net acres to the ExxonMobil portfolio. Six of the eight newly awarded blocks will be operated by ExxonMobil.

LORD Corporation, a global diversified technology and manufacturing company, has been selected as a recipient of the 2018 Spotlight on New Technology® Award, an awards program via The Offshore Technology Conference (OTC) that showcases the latest and most advanced hardware and software technologies leading the oil and gas industry into the future.

In support of the Administration’s all-of-the-above energy policy and using every tool available to achieve energy dominance, the Bureau of Ocean Energy Management (BOEM) is conducting a high-level assessment of all waters offshore the United States Atlantic Coast for potential future offshore wind lease locations.

The first in a planned fleet of Saab Seaeye Sabertooth underwater electric robotic vehicles has been ordered by a leading company in the sector.

In support of President Donald J. Trump’s America-First Offshore Energy Strategy, Department of Interior’s Assistant Secretary for Land and Minerals Management Joe Balash and Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank have announced that the Department will offer 77.3 million acres offshore Texas, Louisiana, Mississippi, Alabama, and Florida for oil and gas exploration and development.

Teledyne Marine was recently recognized by the Offshore Technology Conference (OTC), the largest global industry event for oil and gas, with a 2018 Spotlight on New Technology Award for the FlameGuard™ P5-200. OTC recognizes innovative technologies each year with the Spotlight on New Technology Award, which showcases advanced solutions that will lead the industry into the future.

Only one year after the successful commissioning of Taiwan’s pioneering Formosa 1 Phase 1 offshore wind power plant, Siemens Gamesa Renewable Energy (SGRE) has been contracted to supply an additional 120 MW of capacity for Formosa 1 Phase 2.

A consortium comprising Petrobras (30%), ExxonMobil (40%) and Statoil (30%), presented the winning bid for the C-M-657 block in Campos Basin with a signature bonus of 638,550,000 USD*.

In support of the President's America-First Offshore Energy Strategy, the Bureau of Ocean Energy Management (BOEM) has announced a Notice of Intent (NOI) to prepare an Environmental Impact Statement (EIS) for the Construction and Operations Plan (COP) submitted by Vineyard Wind LLC that would allow it to construct and operate an 800-megawatt (MW) wind energy facility offshore Massachusetts.

Wilhelmsen and KONGSBERG are joining forces to take the next step in autonomous shipping by offering a complete value chain for autonomous ships, from design and development, to control systems, logistics services and vessel operations.

Well-Centric, a leading independent specialist in well integrity for the global oil and gas industry, has announced the appointment of a new business development manager.

Global integrated subsea services business, Kreuz Subsea, has strengthened its senior management team with two key appointments at its Singapore headquarters to support its global expansion plans.

Sparrows Group has secured a multi-million pound contract with India’s Oil and Natural Gas Corporation (ONGC) for the refurbishment of 21 cranes.