Oil & gas news

Aqualis Offshore and China Ship Design & Research Center Co. Ltd (CSDC) have signed an agreement to cooperate on engineering projects both in China and internationally.

AVEVA announced that AVEVA Engage™ is supported on Microsoft Surface Hub™.

WellDog has announced that it has inked exclusive, multi-year contracts worth about AUS$35 million through its Artificial Lift business unit based in Toowoomba, Queensland, Australia.

Viper Subsea has won a Queen’s Award for Enterprise in Innovation for its V-LIFE system, which aids operators in extending offshore fields.

The award is the highest accolade for business success.

The well was spud on 20 April 2016. The company expects to reach a total measured depth of 2640 m.

The first 1010 m coiled tube reel is to be symbolically delivered in October 2016 to meet the needs of offshore oil and gas customers.

A new technology system designed to address a common problem in the subsea industry is undergoing a shallow water trial at Portishead Quays marina.

Thordon Bearings has developed a bespoke modelling tool capable of calculating the amount of operational oil prevented from leaking into the world’s oceans with each installation of a seawater-lubricated propeller shaft bearing.

The company has also announced its intent to maintain quarterly dividend of US$0.15 per share in Q2 2016.