Endeavor Management has unveiled the results of its joint industry project on reducing decommissioning costs, and they are – for the most part – conclusive.
In a bid to lead on the electrification of subsea processing in deepwater environments, GE Oil & Gas will buy Oceaneering’s Subsea All Electric and Ifokus brand, which specializes...
Norway’s state-owned operator Statoil has extended suspensions for three drilling rigs, citing overcapacity in the rig portfolio amid high costs and low margins.
OneSubsea, a Cameron and Schlumberger company, has signed a 10-year global frame agreement with BG Group to supply subsea production equipment and aftermarket services.
The oilfield services sector will have more deepwater well integrity work in the Gulf of Mexico now that Statoil and Chevron have backed the Stampede development.
General Electric (GE) has opened a $500m research center in Rio de Janeiro to develop new ways of extracting hydrocarbons from the deepwater pre-salt layers offshore Brazil.
With Brent crude falling to its lowest price in four years this week, operators are under immense pressure to streamline costs and offshore decommissioning and abandonment is one of...
Canada’s TAG Oil Ltd has decided to plug and abandon the surface section of the Waitangi Valley-1 well offshore New Zealand after encountering extreme drilling conditions.
Schlumberger has announced a new well integrity service to help operators evaluate zonal isolation by gathering in real-time drilling, cementing and well logging data.
Alcatel-Lucent Submarine Networks (ASN) has acquired Optoplan, provider of 4D permanent reservoir monitoring (PRM) technology used in offshore oil and gas production, from Sercel, part...
Sembcorp Marine subsidiary Jurong Shipyard has been awarded a contract by MODEC Offshore Production Systems to complete the repair, life extension and conversion of a VLCC (very large...
