Upstream news

Ocean Installer has recently completed the very first permanent subsea installation at the Johan Sverdrup field, marking the kick-off of the Johan Sverdrup offshore work.

Two years after Valemon came on stream Statoil has made a new gas discovery on the field, called Valemon West. The discovery is estimated to contain between 20 and 50 million boe.

British subsea companies are expecting to increase overseas activity in the next 12 months, according to a survey conducted by industry body, Subsea UK.

ITF is welcoming additional participants to a new joint industry project (JIP) to develop pipeline anchoring and monitoring systems which could mitigate the risk of pipeline walking and cut pipeline anchor installation costs in half.

Flexitallic, the global leader in static sealing solutions, has unveiled its latest technology innovation, Corriculite, for use in corrosion sensitive applications, including those prevalent in the offshore industry.

Oceaneering International, Inc. announced that one of its subsidiaries has been awarded a technology development contract by Statoil Petroleum AS.

Harbour Energy Ltd has announced it has agreed to lead the acquisition by Chrysaor Holdings Ltd of a well-diversified portfolio of oil and natural gas assets from Shell UK Ltd.

Cornerstone Completion Services (CCS), a recently-launched division of Wellsite Fishing and Rental Services, LLC has appointed David R. Reynolds as its new business development and advisory manager.

Bibby Offshore, the leading provider of subsea installation and services to the offshore oil and gas industry, is pleased to announce the long-term extension to the charter of its dive-support vessel (DSV) Bibby Topaz, owned by Volstad Maritime.

GE has announced new innovative agreements including a landmark technology cooperation agreement, contracts for subsea trees and wellheads, and a new Predix-enabled digital solution for equipment monitoring.