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Dstl – supporting National Women in Engineering Day 2016

June 23, 2016

Raising the profile and celebrating the achievements of women in engineering to encourage more girls to consider engineering as a career. Raising the profile and celebrating the achievements of women in engineering to encourage more girls to consider engineering as a career. Dstl’s Laura Jones supporting National Women in Engineering Day Across the UK women… Continue Reading »

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FirstEnergy Expects Crude Oil Price to Hit $70 in 2018

June 23, 2016

Crude oil prices will rebound towards $70 per barrel in 2018, according to oil and gas analysts at FirstEnergy. “We have increased our expectations for crude oil prices across our entire forecast horizon,” said FirstEnergy’s oil and gas analyst Martin King in a research note sent to Rigzone. “We anticipate prices closer to $50 per… Continue Reading »

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British Antarctic Survey Select Impact Subsea ISA500

June 23, 2016

Impact Subsea is pleased to announce the delivery of ISA500 units to the British Antarctic Survey (BAS). The ISA500 units have been selected to monitor the position of an ice boring tool in the Antarctic hundreds of meters below the surface. During deployment of the ice boring tool, the ISA500 units measure the distance at… Continue Reading »

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Oil Bust Pushes Producers Together To Make Cost Cutting Count

June 22, 2016

The biggest oil-industry downturn in a generation has companies collaborating in ways they never thought possible. In this global effort, one of the world’s most expensive oil regions intends to lead the way. Last month companies operating in the North Sea started pooling spare parts and tools, and they are even sharing plans on how… Continue Reading »

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Marsol International supports OOCEP’s first crude oil export from MGP terminal

June 22, 2016

Marsol International, a UAE-based global marine solutions provider focused on the offshore oil terminal market and related infrastructure, has successfully supported Oman Oil Company Exploration & Production LLC’s (OOCEP) first shipment of crude oil from the Musandam gas plant (MGP). Marsol’s involvement included the provision and management of all marine and offshore activities related to… Continue Reading »

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From Engineer To Sommelier: Calgary’s Laid-off Oil Workers Try Plan B

June 22, 2016

Alejandro Rodriguez wants to be a sommelier. His previous experience: 20 years as an oil reservoir engineer. The 42-year-old needed to consider a career plan B after ARC Resources Ltd laid him off in January, adding to a growing number of people in the Canadian city of Calgary, Alberta who no longer have a place… Continue Reading »

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V.Ships Offshore awarded new ship management contract by Milaha Offshore

June 22, 2016

V.Ships Offshore, part of V. Group, has been awarded a new ship management contract by Milaha Offshore to provide full technical and crew management services for their self-propelled jack-up lift boat – the Milaha Explorer. The ship management services will be delivered from our newly acquired Bibby Ship Management office in Singapore. The Milaha Explorer,… Continue Reading »

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Norway Oil Drilling Rig Workers Agree Wage Deal, Avoid Strike

June 22, 2016

Workers on Norwegian offshore oil drilling rigs signed a new wage deal on Wednesday, avoiding a strike, labour unions and employers said in separate statements. Some 280 rig workers had threatened to strike if the talks failed, including staff on Rowan Companies’ Viking and Gorilla rigs, and on the Statoil-operated Heidrun, Statfjord, Aasgard, Volve and… Continue Reading »

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Hilong wins first offshore lifting contract

June 20, 2016

Hilong Petroleum Offshore Engineering Co. Ltd. won a contract from TIMAS to provide a “Hilong 106” pipe-laying derrick barge to install jackets for the HCML Madura MDA – MBH offshore gas field development project jointly funded by China National Offshore Oil Corporation and Husky.This is Hilong’s first offshore lifting operation contract and also the first… Continue Reading »

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U.S. Offshore Regulator to Unveil Tougher Environmental Safeguards

June 20, 2016

The U.S. government agency created after the 2010 Deepwater Horizon oil spill plans in coming weeks to unveil tougher financial requirements for offshore oil producers aimed at protecting taxpayers from the risk of cleaning up abandoned oil rigs, an agency executive told Reuters. Under the new guidelines, the Bureau of Ocean Energy Management (BOEM) will… Continue Reading »

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