Premier Oil’s Sea Lion project is on the path to being sanctioned next year following substantial progress, with first oil targeted in 2021, according to partner Rockhopper Exploration. Sea Lion schematic Phase 1…
Mats Andersen, Stephen Forrester, and Andrew Creegan, of NOV, discuss how to overcome potentially damaging stick-slip issues and improve drilling performance rates. Figure 1 – The SoftSpeed II…
FES International, a producer of fluid transfer solutions, has been awarded a major contract from National Oilwell Varco (NOV) to supply equipment to be used in the Maersk Oil UK-operated Culzean field in the North Sea. The project includes the design…
Mermaid Maritime is at the chopping block again with China Merchants Industry, as the Thai company axes an additional two newbuild contracts with the shipbuilder. Illustration of the MTR-3 rig…
Maersk Drilling and National Oilwell Varco (NOV) have entered into a five-year partnership to improve maintenance predictability for drilling equipment. The shared vision behind the partnership is to implement a new maintenance mind-set which…
Ongoing low oil prices and reduced spending by oil majors are continuing to hurt the oil industry, with a new round of layoffs in full swing. But, some, at least, are seeing the possibility of light at the end of the tunnel. The gloom…
Norwegian oil services investment firm Akastor has agreed to sell Fjords Processing to National Oilwell Varco for US$145.7 million on a debt- and cash-free basis. Fjords is a leader in complete process support systems for gas, oil and water…
A 16-strong executive committee of industry experts has been appointed for SPE Offshore Europe 2017, including senior executives from Statoil, Total and Schlumberger. The team is now working on the theme and topics for the biennial event…
Could we on the verge of embracing the industry 2.0 era? Intelligent energy, or the digital oilfield, is set to be discussed in Aberdeen next month. We take a dip into the debate. Image from iStock…
Kongsberg Oil & Gas Technologies has signed a purchase agreement with a subsidiary of National Oilwell Varco (NOV) regarding the sale of its Subsea Products business. The sale includes Thor Tie-In, Weaklink, Pipeline Structures (typically PLEM…
National Oilwell Varco (NOV) and GE Oil & Gas entered into an agreement to collaborate on delivering integrated solutions for floating production storage and offloading (FPSO) vessels. Image from GE…
Mermaid Maritime’s Western Hemisphere business unit (MSSW) has been awarded seven different subsea projects in the Middle East with an estimated value of US$11 million. In addition, Mermaid has also secured extensions for three newbuild deliveries…
National Oilwell Varco (NOV) introduced an advancement in radio frequency identification (RFID) technology and asset management software for the oil and gas industry. NOV’s latest generation RFID tag, TracTagTM, has been field-proven…
Subsea boosting is coming under the spotlight, despite and also because of the current low oil price environment. Elaine Maslin reports from Subsea Expo and Subsea Valley. Omnirise ECM Subsea Boosting Pump System…
Since its discovery in 2010, the Sea Lion field offshore the Falkland Islands has been subject to a string of development options. Elaine Maslin looks at Premier Oil’s optimized final plan. Ocean Rig’s Ocean Guardian semisubmersible drilling rig…
