Offshore & subsea

Revenues up 9% at DKK1.891 billion; profits before tax also grew 9% to reach DKK200.5 million

The contract will cover several undeveloped oil and gas fields in Northwest Offshore Abu Dhabi including the Ghasha and Hail areas.

Christopher J. Wiernicki says risk-based, data-centric, cyber-influenced decision-making defines a new absolute value of talent.

Dan Purkis of Well-SENSE Technology collected the prestigious Significant Contribution accolade.

GroundMetrics Inc. has run a successful test in a West Texas oil well that was able to observe where proppant propagated through the subsurface during a hydraulic frac.

The tool was able to save 60% on casing centralisation.

Statoil delivered annual equity production of 1.971 million bbls of oil equivalents per day in 2015, an increase of 2% from 2014.

Subsea 7 LLC and 3D at Depth, a global technology provider of advanced subsea LiDAR systems and solutions, have announced the completion of several metrology projects using subsea LiDAR technology.

SPE Aberdeen to invite Pete Naylor of BG Group to discuss decision risk analysis.

The five year global frame agreements provide a framework for worldwide supply of SPS technology.

UK Chancellor George Osborne has announced a major reduction in taxes for the North Sea.

The study describes previously mapped, undrilled prospects and undeveloped discoveries that fall within the area likely to be offered for licensing.

Awarded for its contribution to drilling technology for marine riser buoyancy, Trelleborg joins a select group in the Offshore Energy Center Hall of Fame.

The company held that the 2D seismic data recovered from the block to date had not sufficiently de-risked the block potential.

Structural computational and verification times have been dramatically slashed by the company's latest 3D model.