German cable firm NKT is testing power cables for a wave power project in Norway. For the project in Norway, NKT has developed a dynamic 1 kV cable as well as a semi-dynamic 24 kV export cable for power export. The cables are currently…
Parker Hannifin has a complete range of valves that conform to the API 6A specification for Christmas tree and wellhead applications. API 6A valve. Image from Parker. For a number of years…
The Steam Oil Production Company has entered into a cooperation agreement with FluidOil, an independent heavy oil technology company, to explore the potential of integrating FluidOil’s Viscositor Heavy-to-Light (VHTL) oil upgrading technology into an offshore steam flooding project…
Aberdeen Harbour's plans to expand its facilities into a bay south of the existing harbour has been sanctioned by the harbour board. The £350 million project, which was recently granted planning consent in the form of Marine Licenses and a Harbour Revision Order by the Scottish Government…
Marine Scotland announced the award of two marine licenses in support of Aberdeen Harbour’s major plans to expand its facilities into Nigg Bay, to the south of the existing harbor. Issued under the Marine (Scotland) Act 2010, the licenses…
Parker Drilling was awarded an extension and additional rig to its operations and maintenance (O&M) contract on Sakhalin Island, Russia. The prior contract term was set to expire in Q3 2017 and covered operating and maintaining three customer-owned rigs in support of the Sakhalin-1 Project…
A team led by AJ Jain, Harkand North America managing director, has agreed to a management buyout (MBO) of Harkand’s North American and African business. The subsea inspection, repair and maintenance firm went into administration on Wednesday this week…
Dallas Parker, Gabriel Salinas and Diego Perez, of law firm Mayer Brown, assess the terms of Mexico’s phase four bid round to be held in 2016. The Mexican National Hydrocarbons Commission…
Parker Bestobell Marine has completed a contract to supply cryogenic globe and check valves made in Sheffield, for Hoegh LNG’s series of five floating storage regasification units (FSRUs) that are being built at Hyundai shipyard (HHI) in South Korea…
In contrast to 2015, upstream oil and gas deal activity is set to ramp up this year regardless of what happens to the oil price, according to Wood Mackenzie's M&A outlook for 2016. Should oil prices stay low, companies will be forced to sell assets and merge businesses: to free up capital…
Mexico is ramping up its offshore seismic data acquisition with recent awards to TGS-NOPEC and Norway-based Petroleum Geo-Services (PGS). The Atlantic Explorer. From PGS. Mexico's…
Dallas Parker and Gabriel Salinas, of law firm Mayer Brown, explain the main points of Mexico’s new exploration and production contracts, as well as the Hydrocarbons law and Hydrocarbons Revenues Law that became effective August 2014. Pemex’s…
Siemens is opening its new oil and gas headquarters in Houston. Siemens managing board member Lisa Davis, who leads Siemens’ oil and gas and power generation businesses, will be based in the West Memorial Drive office in Houston’s energy…
Year in review: 2014 - OEDigital’s top stories Mozambique NG flow test. OE staff presents a look back at 2014’s top stories posted on OEDigital.com. It was a year filled with highs and lows…
Petroleos Mexicanos (Pemex) will develop a US$6 billion gas liquefaction facility on the Pacific coast to enhance its export opportunities to Asia. The company said that it is aiming for a 2020 start date. The goal is to take advantage…