Oil & gas news

The Tsubakimoto Chain Company was founded in 1917 as a bicycle chain manufacturer, and quickly shifted to manufacture industrial chains.

Norwegian authorities have approved the PDO of the Trestakk discovery on the Halten Bank in the Norwegian Sea. Investments are calculated at NOK 5.5 billion, almost half of the original estimate.

Sercel has launched Sentinel HR, a high-resolution solid streamer designed to meet the specific imaging needs of shallow-target applications.

FairfieldNodal has announced an exclusive alliance with Ikon Science, an industry leader in geoprediction software sales and services, to offer complete reservoir services to the oil and gas industry.

Interventek Subsea Engineering is launching a new open water well control valve at OTC 2017.

Intecsea has launched a range of low-motion floaters, which are suitable for all water depths.

2H Offshore has successfully completed the installation of the first of 17 production top tension risers.

The new technology to be presented at upcoming conference in Texas

BP has announced it has agreed to sell its Forties Pipeline System (FPS) business, with assets including the main Forties offshore and onshore pipelines and other associated pipeline interests and facilities, to INEOS.

LGO has confirmed that well GY-683 was spudded on Friday 31 March 2017 with Rig#18 at the Goudron Field in eastern Trinidad. The well is currently drilling ahead at a depth in excess of 350 ft.