
Innovation in the offshore sector
2010 is hopefully going to be a more productive year for the offshore sector with analysts expecting oil and gas production to return to more healthy levels during the course of the year.
Stay up to date with the latest news and updates from the oil industry.

2010 is hopefully going to be a more productive year for the offshore sector with analysts expecting oil and gas production to return to more healthy levels during the course of the year.

Jurong Shipyard Pte Ltd, a wholly owned subsidiary of Sembcorp Marine, has secured a contract worth approximately US$ 130 million to carry out pre-conversion works on a very large crude carrier for Petrobras Netherlands BV.

First Solar have become the first purely photovoltaic power company to join the Desertec Industrial Initiative.

Schlumberger has acquired Nexus Geosciences, Inc., a provider of integrated seismic software and services based in Houston. The group will become part of the WesternGeco business unit.

Leading oil and gas executives from the APAC region meet to discuss ways of competing with production from the MENA region.

BP has announced a US$ 7 billion transaction with Devon Energy for assets in Brazil, Azerbaijan and the US deepwater Gulf of Mexico.

Arrow Energy is set to reject a take-over bid from a company jointly owned by Royal Dutch Shell and PetroChina.

FMC Technologies, Inc. has signed an agreement with Statoil ASA for the manufacture and supply of subsea production equipment to support the Marulk field.

The changing behaviour of the European and Chinese coal markets and its impact on South African export coal prices.

Kalegran Ltd, a 100% subsidiary of MOL Hungarian Oil and Gas Plc and the operator of the Akri Bijeel block in Kurdistan, concluded a successful oil test in the Bijeel-1 exploration well in the Akri Bijeel block.

Alistair Birnie discusses the operational potential of the UK subsea industry and its future after North Sea supplies decline.

Dr. Robert M. Cutler discusses developments in Eurasian gas pipelines in 2009, with a focus on Turkmenistan’s gas reserves and current pipeline projects in the region.