Offshore & subsea

Statoil and several other oil companies joined together to commit to end the practice of routine gas flaring at oil production sites.

Hannon Westwood advises companies on the potential of the region.

UK oil and gas engineering firm FES International has been awarded a contract by Subsea 7 for the supply of fully automated DBSCs.

To support the company’s goals, Colin Graham has been appointed as Norway Country Manager and will be spearheading these efforts.

The Scottish Loan Fund (SLF) will invest £1.5 million of development capital in the subsea technology and engineering firm Ennsub Group.

SBM Offshore N.V. has announced that during the Annual General Meeting of Shareholders all resolutions as proposed were adopted.

The Kymera hybrid drill bit with StaySharp cutters reduced pre-salt drilling costs by US$2.1 million.

Noble Energy has identified the Rhea prospect as its initial target on the PL001 License.

Petroleum and energy minister Tord Lien is opening the Valemon gas and condensate field in the North Sea.

Technip has been awarded a front end engineering design contract located in the South China Sea.

Preliminary figures show daily production at around 1 935 000 bbls of oil, NGL and condensate.

GEA Mechanical Equipment recently delivered the first retrofit plant to a drilling platform offshore Alaska.

The benefits remain significantly limited at higher prices compared to other fiscal regimes in the Americas.

TGS announces that it has signed a joint venture agreement with Dolphin Geophysical to acquire a 4500 km2 3D multi-client seismic survey.

3 different sizes of flowmeters were shipped for measurement at different flow rates.