Drilling & production

Jack-Up Barge has announced the acquisition of the Odin self-elevating platform from Hochtief.

The company’s first quarter 2014 net operating income was NOK 51.4 billion, a 35% increase compared to the first quarter of 2013.

Asset integrity management specialist XPD8 Solutions has continued its recent success in West Africa for work off the coast of Ghana.

Meridian Ocean Services has added two Saab Seaeye Lynx ROVs to its Falcon fleet to undertake a wider range of deeper inspection tasks at short notice.

Some updates from BG Group, including exploration operations and the resignation of Chris Finlayson, Chief Executive.

The rig with P&A features will be based on Keppel’s KFELS J Class design, which is suited for the harsh environment of the Norwegian North Sea.

Viper Subsea has signed a Joint Industry Project agreement with BP and Total to further develop its Subsea Line Insulation Monitoring technology.

The contract was awarded following completion of a detailed pre-engineering design study.

Hydrasun has invested over £600 000 in new specialist equipment and inventory for subsea intervention operations.

IBM has been selected by BP to integrate and manage the company’s business applications globally, as well as provide support for 60 000 employees and 80 000 devices.

3sun Group has successfully completed a full life cycle project for a North Sea oil and gas exploration and production company.

According to Jack Gerard, President and CEO of the API, the improvement of women and minorities’ preparation for STEM is a national priority.

A selection of this week’s news from the global upstream oil and gas industry.

PetroChina has released its key financial data for the first quarter of 2014, posting a turnover of RMB 528.9 billion and a net profit of RMB 34.2 billion.

Pellerin Water Solutions has designed and built a Horizontal Flotation Separator (HF-SEP) for use on a deepwater facility in the Gulf of Mexico.