Blue Water Shipping: Signs Global Logistics Contract with Enhanced Drilling
The new contract will optimise Enhanced Drilling’s worldwide logistics. The agreement covers international sea, air and road transport. When Enhanced Drilling need to transport equipment to their projects in the next two and a half years, the transports will be carried out in close cooperation with several Blue Water offices. …
Emerson: Acquires Yggdrasil, Flow Assurance and Production Optimization Software Provider
Acquisition of Yggdrasil, expands Roxar Software Solutions to the entire reservoir lifecycle, enabling operators to continuously monitor production and forecast future reservoir performance. Emerson Process Management has acquired Norwegian company Yggdrasil, a provider of flow assurance and production optimization software. Emerson will incorporate Yggdrasil’s METTE production optimization solution into the …
A Successful Story of Russian and Brazilian Cooperation
During the last MIOGE in June of 2013, Russian Fracturing Company (RFC) met and started a relationship with international technology company Ekotech Energy for the development of international projects and sales. RFC is a specialized manufacturer of fracturing equipment. RFC has developed an advance hydro fracturing technology with great advantages …
Sembcorp Marine Transforms Into a Global Integrated Company
Sembcorp Marine has reorganised its business as part of an ongoing ‘Transformation for Growth’ strategy. From today, Sembcorp Marine is one brand focusing on four key capabilities, namely, Rigs & Floaters; Repairs & Upgrades; Offshore Platforms; and Specialised Shipbuilding. Sembcorp Marine is pleased to announce the following senior appointments: Mr …
OneSubsea: Wins Subsea Tree Contract for Shah Deniz II
OneSubsea®, a Cameron and Schlumberger company, has been awarded a contract totaling more than $60 million for the Shah Deniz Two development, operated by BP, offshore Azerbaijan. OneSubsea was awarded the initial contract for subsea trees for Shah Deniz Two in 2013. The scope of the new contract includes the …
TGS: Signs Letter of Intent to Acquire Polarcus’ Multi Client Library
TGS has today entered into a Letter of Intent to acquire Polarcus’ multi-client library, with the exception of Australia, for a price of USD 27.5 million on a cash and debt free basis. The transaction is subject to due diligence and final definitive documents with target closing date on or …
Tenaris: KPO Experiences the Benefits of Dopeless Technology
Karachaganak Petroleum Operating (KPO) conducted a field trial in the gas condensate Karachaganak field, located in the West Kazakhstan region, to evaluate the performance of Dopeless® technology. The oil and gas company jointly operated by BG Group and ENI witnessed first-hand how TenarisHydril Blue® Dopeless® connections improved operational efficiency, reduced …
FMC Technologies: Awarded 287m USD Shah Deniz Contract
FMC Technologies, Inc.announced today that it has received an order from BP Exploration (Shah Deniz) Ltd. to supply subsea production systems for Well Clusters 3-5 of the Shah Deniz Stage 2 project in the Caspian Sea. The order has an estimated value of $297 million in revenue and is in …
TMK Announces Board of Directors Decisions
TMK’s Board of Directors at the meeting on June 23 made the following decisions: – Dmitry Pumpyanskiy is elected as the Chairman of the Board of Directors, – the Secretary of the Board of Directors is elected, – the Chairmen and the members of the Nomination and Remuneration Committee, Audit …
DNV GL: Joins Forces with ExproSoft to Offer Risk Based Subsea Valve Testing
Reducing expenditure while continuing to improve safety and reduce risk is a key driver for the oil and gas industry especially in today’s cost constrained environment. DNV GL and ExproSoft are now joining forces to offer a risk based approach to testing barrier valves in subsea completed wells applicable worldwide. …