
Deepwater Hydrocarbon Exploration Market: 3 Revolutionary Technological Advancements
Let’s unleash the potential technological advancements that will make deepwater hydrocarbon exploration a thriving industry. From unmanned vehicles floating in deep water to real-time data analytics, explore how imagination will become true shortly. What is inside Deepwater? For centuries, the world has been craving for the answer to this question. …
Aker Solutions and Total: Collaborate on Cost Effective Subsea Field Technologies
Aker Solutions and Total agreed to collaborate on research and innovation to develop new cost-effective subsea field technology. The initial four-year technical collaboration agreement will build on earlier cooperation and bring both companies closer in developing technologies that will reduce costs and increase value at subsea oil and gas fields. …
Centek: Announces Deepwater Division
Centek Group, the leading centralizer manufacturer, has formed a Deepwater Division to focus the sale and support of its specialist deepwater centralizer products. Today, drilling and completion account for around 50 percent of deepwater field development costs. As oil and gas production moves into deeper waters the technical challenges and …
Gazprom and PetroVietnam to Drill First Deepwater Offshore Well in Vietnam
The Gazprom headquarters hosted today a working meeting between Alexey Miller, Chairman of the Company’s Management Committee and Nguyen Xuan Son, Chairman of the PetroVietnam National Oil and Gas Group Board of Directors. The meeting addressed the main issues of the bilateral cooperation in hydrocarbon development, particularly the joint activities in blocks Nos. 129–132 in the continental shelf of Vietnam. The …
Tenaris to Highlight Deepwater and Shale Capabilities at OTC
Tenaris will present its unique product and service solutions for shales and deepwater applications at the Offshore Technology Conference (OTC) May 4-7 at NRG Park. Tenaris booth #2965 will highlight the company’s more than 20 years of experience and expertise in deepwater projects. Samples of high performance oil country tubular …
Aker Solutions: Outlines Five Strategic Objectives to Achieve Success Post Split
Aker Solutions today presents five strategic objectives after splitting in two in September last year to better position all parts of the business and meet the needs of customers. The company, which meets today with investors in London, will build on its strengths in key subsea and field design markets …
Aker Solutions Starts Trading on Oslo Exchange After Company Split
Aker Solutions today started trading on the Oslo stock exchange as a leaner and more streamlined company that will build on its strengths in the subsea and field design markets. The company emerges after a spin-off of the Subsea, Umbilicals, Engineering and Maintenance, Modifications and Operations (MMO) businesses of the …
ShawCor: Wins $200m Contract for Shah Deniz
ShawCor Ltd. today announced that its Bredero Shaw pipe coating division has received contracts with a value of approximately US$200 million from BP Exploration (Shah Deniz) Limited for pipeline coating and other services in connection with the Shah Deniz Stage 2 development project. The contracts are scheduled to be executed from plants …
Baker Hughes Completes Weatherford’s Pipeline and Specialty Service Business
Baker Hughes Incorporated and Weatherford International plc today announced that they have closed the previously announced purchase and sale of Weatherford’s pipeline and specialty services business. The acquisition provides Baker Hughes with an expanded range of pre-commissioning, deepwater and in-line inspection services worldwide. The addition of over 700 process and pipeline specialists to Baker …
BP Reaches Administrative Agreement with EPA Resolving Suspension and Debarment
Agreement Clears the Way for BP to Enter Into New Contracts With the Federal Government BP today announced that it has entered into an administrative agreement with the United States Environmental Protection Agency (EPA), on behalf of the federal government, resolving all matters related to the suspension, debarment and statutory …