TCO: Wins Patent Suit Against Vosstech
Norwegian company Vosstech will not be able to produce, market or deliver its VT-C and VT-MC barrier plugs for four years after the court ruled in favour of TCO in an intellectual property dispute. September 2015 Norwegian company Vosstech will not be able to produce, market or deliver its VT-C …
Magma Global signs joint development agreement with BP and Subsea 7
Additional support from UK Government (Innovate UK) and National Composite Centre Magma Global is pleased to announce the signing of a joint development agreement with BP and Subsea 7 in a project to qualify Magma’s carbon fibre m-pipe® as the next generation of subsea pipelines. The programme is also supported …
Proserv: CEO – Stop Over-Engineering to Reset the Cost Base
The chief executive officer of Proserv today (Wednesday, September 9) called for the industry to make dynamic changes to the way it acts and behaves. Speaking at Offshore Europe, David Lamont said the North Sea has many years of profitable life ahead if the sector urgently adopts more collaborative and …
Darcy: Proves New Sand Control Technology with Second Successful Installation
Hydraulic Screens enable more efficient completion of sand plagued wells more. Sand control engineering specialist Darcy is gearing up for global interest in its downhole Hydraulic Screen at Offshore Europe, following a second successful installation of the new technology in the North Sea. Hot on the heels of the industry-first …
Aker Solutions: David Clark Named Regional President of UK and Africa
Aker Solutions has appointed David Clark as regional president of the UK and Africa to oversee an expansion and support operations in these key markets. Clark, a UK national, has more than 30 years of experience from the oilfield services, projects and contracting industry, most recently as vice president of …
ITF: New JIP for New Drill String Camera with Jet Blasting Function Could Slash Rig Time By 50%
A new Joint Industry Project has been launched to progress camera technology that could deliver significant savings during drilling operations. The Industry Technology Facilitator (ITF) has launched the project with Clearview Well Services of Perth, Australia with the support of two global oil and gas operator members. Clearview Well Services …
DNV GL: Combines Tools to Aid Operational Perfromance in Rotating Equipment
Many pieces of rotating equipment are operating below optimum capacity, affecting production costs, revenues and resulting in unexpected down time. DNV GL has been working together with operators to help unlock the potential of their existing rotating equipment. Chris Dagnall, Manager, Rotating Machinery Group, DNV GL says “Rotating equipment can …
Proserv: Announces the Acquisition of Nautronix
PROSERV GROUP LLC (“Proserv”), a leading energy services company, has acquired Nautronix, a leader in the supply of subsea digital acoustic communication products and positioning services to the oil and gas industry, based in Aberdeen, United Kingdom. Proserv is a portfolio company of Riverstone Holdings LLC, an energy-focused private equity …
Schlumberger Acquires Novatek
Schlumberger announced today that it has acquired Novatek Inc. and Novatek IP, LLC. (Novatek), U.S.-based companies that specialize in synthetic diamond technology primarily for the oil and gas industry. The existing relationship between Schlumberger and Novatek has delivered industry-leading technologies, such as the Schlumberger StingBlade* conical diamond element bit, and …
Schlumberger and IBM Introduce New Service to Optimize Integrated Upstream Production Operations
Schlumberger and IBM today announced that they have teamed up to provide integrated services to upstream oil and gas customers that will improve the business impact of production operations projects. The offering combines Schlumberger’s production optimization services, upstream expertise, and industry-leading Avocet* production operations software platform with IBM’s enterprise asset …