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TechnipFMC Alliance with BP Adds Emerging Tech
Thursday, February 20, 2020 The companies' 20-year alliance now includes an emerging technology designed to process hard-to-recycle PET plastic waste.
Ocean Infinity Launches Pioneering New Company
Tuesday, February 04, 2020 Ocean Infinity has announced the launch of a new, 'pioneering' marine technology and data company called Armada.
BP in Drive to Improve Plastic Recycling
Thursday, December 19, 2019 BP Plc is the latest oil giant to announce it would join forces with companies across the plastic value chain to speed up efforts to improve recycling technology.
Next Wave to Build Alkylate Production Facility in Texas
Wednesday, November 20, 2019 Next Wave Energy Partners, LP has made a positive final investment decision to build a new alkylate production facility in Pasadena, Texas.
NNPC Will Partner with Aramco to Revamp Refineries
Thursday, October 31, 2019 Nigerian President Muhammadu Buhari said NNPC and Saudi Aramco will collaborate in revamping refineries in Africa's top crude producer and other energy investments.
Aker Targets Low Carbon and Renewables Growth
Thursday, October 24, 2019 Aker Solutions aims to generate almost half of its revenue from renewable and distinct low carbon solutions by 2030.
New Norway Oil Grade Making Inroads in Asia
Thursday, October 24, 2019 Norway's new oil grade is making inroads in Asia, threatening to undermine sales of similar crudes from Africa and South America.
MEGlobal Cuts Ribbon on Gulf Coast Site
Tuesday, September 10, 2019 MEGlobal Americas has inaugurated its new ethylene glycol manufacturing facility.
DeepOcean to Split UK Business into Two Units
Monday, September 09, 2019 DeepOcean will split its UK business into two separate companies, with one being a new standalone brand.
Oil and Gas Sector's Total Contract Value Surges
Tuesday, August 13, 2019 The global oil and gas industry's total contract value increased by 79 percent from the first to the second quarter of 2019, according to GlobalData.
Ensco Rowan to Change Name
Wednesday, July 03, 2019 Ensco Rowan plc will change its name to Valaris plc on July 31.
Disposal Firm Adds Permian Injection Capacity
Friday, June 28, 2019 Milestone Environmental Services reported that it has acquired leases and injection permits in Howard County, Texas.
Decarbonizing US Power Grid Would Cost Up To $4.5T
Friday, June 28, 2019 The transition to a 100 percent renewable U.S. power grid would need investment of up to $4.5 trillion over the next 10 to 20 years.
Weatherford Unveils New Managed Pressure Drilling Technology
Monday, May 06, 2019 The Houston-based oilfield services company launches a new intelligent managed pressure drilling (MPD) technology which can be deployed in deepwater, shallow water or on land.
Oceaneering Launches New Engineering Consultancy
Friday, April 12, 2019 Oceaneering International launches a new global engineering consultancy.
Aker Solutions and FSubsea to Create New Company
Wednesday, April 10, 2019 Aker Solutions and FSubsea agree to create a new company to help operators increase oil recovery in a 'faster, simpler and more environmentally friendly way'.
Eni Pilots Platform Wave Power Tech
Wednesday, March 27, 2019 Eni contends the system could ultimately power medium and large offshore assets.
Drillers Turning to Big Data in the Hunt for Cheaper Oil
Wednesday, March 20, 2019 The industry is creating new business opportunities for IT, artificial intelligence, big data processing and analytics providers.
LNG Expands Reach Through Virtual Pipelines
Wednesday, March 06, 2019 Suppliers are using virtual gas pipelines to extend their markets to areas which are either uneconomic or too difficult to reach.
Digital Platforms Offer Oil, Gas Workforce Solutions
Tuesday, March 05, 2019 Lloyd's Register executive shares why automation and digitalization are key for oil and gas companies to combat an aging workforce and aging assets.
Gas Push Marks Strategy Shift for Aramco
Tuesday, February 26, 2019 Saudi Aramco is eyeing gas projects in Russia, Australia, the US and Africa.
33 FPSOs to be Sanctioned to 2021
Monday, February 18, 2019 Rystad Energy expects 33 FPSOs to be sanctioned from 2019 to 2021.
Ampelmann Opens New Office in Russia
Wednesday, February 13, 2019 Dutch offshore service provider Ampelmann has opened a new office in Sakhalin, Russia.
UK-Based Energy Services Firm Changes Name
Tuesday, January 15, 2019 Fabricom Offshore Services has announced the launch of a new name and corporate identity.
Aberdeen Services Firm to Create 80 Jobs
Monday, January 07, 2019 Aberdeen-based offshore support vessel specialist Sentinel Marine says it will create 80 new jobs by adding 3 multi-role ships to its fleet.
Petchems-focused Firm Becomes Offshore Operator
Monday, December 31, 2018 The Iguana platform installation with a well services rig. SOURCE: Proman Group
Kosmos Energy to Relocate to Delaware
Friday, December 21, 2018 Kosmos Energy has filed with the US Securities and Exchange Commission to redomesticate from Bermuda to the US.
Johan Castberg FPSO Topside Work Begins
Wednesday, November 21, 2018 Kvaerner is cutting first steel today for the topside of Equinor's Johan Castberg FPSO vessel.
Global FPSO Market Set to Rebound
Monday, November 19, 2018 The global floating production market has stirred back to life, according to Rystad Energy.
Axis Energy Services Offers New Option for Completions
Tuesday, November 06, 2018 The new company based in East Texas is focused on more efficient completions on long-lateral shale wells.
Aramco and Total Progress $9B Petrochem Project
Monday, October 08, 2018 Saudi Aramco and Total sign a joint development agreement for the front-end engineering and design of a giant petrochemical complex in Jubail, Saudi Arabia.
Halliburton Envisions Robo-Fracking
Tuesday, August 21, 2018 The world's biggest provider of the technique that unlocks oil and natural gas from shale rock has a vision of push-button fracking that's still years in the making.
Scottish Government Announces Decommissioning Fund Boost
Thursday, August 09, 2018 An additional $6.4 million has been made available to the supply chain in Scotland 'to help maximize the economic benefit from the decommissioning of North Sea infrastructure'.
ExxonMobil Adds 'Notch' with Baytown Cracker
Thursday, July 26, 2018 ExxonMobil has officially begun production at its new ethane cracker in Baytown, Texas, the company reported.
$44B India Integrated Project Moves Forward
Monday, June 25, 2018 The proposed project would develop ADNOC's first overseas refinery.
Sources Say ExxonMobil to Take Baby Steps to Expand Oil Trading Unit
Tuesday, June 12, 2018 ExxonMobil is dipping its toe in the world of oil trading, hiring executives and showing an appetite for expanding its operations.
In Full Flow: Pipeline Additive Sales Boom Amid Oil Bottlenecks
Thursday, May 24, 2018 Pipeline bottlenecks have vexed North American oil producers this year.
UAE's ADNOC Signs Deal With Spain's Cepsa For New LAB Facility
Monday, May 14, 2018 ADNOC signs a project development agreement with Spain's Cepsa for a new linear alkylbenzene (LAB) facility.
Aker Solutions Opens Upgraded Aberdeen Site
Friday, April 27, 2018 Aker Solutions officially opens its upgraded Aberdeen services facility after spending $11 million on the site.
New Gas Processing Complex Launched in Uzbekistan, Creates 2,000 Jobs
Friday, April 20, 2018 Lukoil officially opens a gas processing complex at the Kandym fields cluster in Uzbekistan.
Drilling Systems, AIS Launch New Tech-Focused Training Company
Friday, April 20, 2018 Drilling Systems, a simulator developer, joins forces with industrial training provider AIS to create a new technology-focused training organization for the global energy industry.
DNS Launches Decommissioning Awards
Thursday, March 29, 2018 Decom North Sea launches 'the first industry awards to be dedicated to decommissioning excellence'.
Sembcorp Nets Karish, Tanin FPSO Engineering Contract
Wednesday, March 28, 2018 Sembcorp secures contract for the engineering, procurement and construction of hull and living quarters for a newbuild Floating Production, Storage and Offloading vessel.
OGIC Investing in New Oil, Gas Technology
Monday, March 26, 2018 OGIC invests more than $426,000 into 3 new projects 'which have the potential to cut operational costs and improve efficiency in the oil and gas industry'.
Shanghai Crude Oil Futures Roar Into Action As Glencore Bags First Trade
Monday, March 26, 2018 Shanghai crude oil futures launch with mom-and-pop and institutional investors fuelling much higher turnover than many expected for China's new commodity benchmark.
New Decommissioning Centre of Excellence to Open in Aberdeen
Monday, March 26, 2018 The UK's Oil & Gas Technology Centre (OGTC) and the University of Aberdeen will create a new multi-million-dollar Decommissioning Centre of Excellence.
TechnipFMC, Magma Global in Collaboration Agreement
Friday, March 23, 2018 TechnipFMC agrees the terms of a collaboration agreement with Magma Global Ltd. to develop a new generation of hybrid flexible pipe for use in offshore applications.
Offshore Achievement Award Winners Announced
Friday, March 23, 2018 The winners of the 2018 Offshore Achievement Awards have been announced, with categories covering technology innovation, company performance and individual achievement across the UK offshore energy sector.
Microchip Lab, Zipped Pipeline Technology Gains Funding
Thursday, March 15, 2018 The UK's Oil and Gas Technology Centre reveals the first cohort of successful applicants for its TechX Pioneer accelerator program.
Statoil Plans to Change Name
Thursday, March 15, 2018 Statoil's board of directors propose to change the name of the company.