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Future Energy Professionals program offers STEM experience at LAGCOE 2019

August 21, 2019 pushlished in Industry News

LAFAYETTE, LA – LAGCOE’s Future Energy Professionals (FEP) program provides industry education to students to ensure a constant and qualified workforce pipeline for generations to come.  One of the wa …

Pembina to buy Kinder Morgan’s oil assets for $3.3 billion

August 21, 2019 pushlished in Industry News

CALGARY (Bloomberg) – Pembina Pipeline Corp. increased its bet on the future of Canada’s turbulent oil-sands industry, agreeing to buy Kinder Morgan’s Canadian unit and the U.S. portion of a key pipel …

C-Kore logs subsea testing success for Dana Petroleum

August 21, 2019 pushlished in Industry News

YORK, ENGLAND – C-Kore Systems has completed a successful subsea testing deployment in the North Sea, on the Greater Guillemot Area field. Faulty elements in the subsea network were diagnosed and repl …

Chevron Technology Ventures pitches in on Well Conveyor development

August 21, 2019 pushlished in Industry News

BYRNE, NORWAY – Norwegian downhole technology company Well Conveyor has received equity investment from Chevron Technology Ventures (CTV), supporting the qualification and commercialization phases for …

Equinor expands its cooperation with YPF for offshore exploration in Argentina

August 21, 2019 pushlished in Industry News

OSLO – Equinor’s executive vice president for Exploration, Tim Dodson, and YPF’s CEO Daniel Gonzalez have signed an agreement to jointly explore the CAN 100 offshore block, located in the North Argent …

ADNOC smart procurement program awards multi-billion-dollar OCTG contracts

August 21, 2019 pushlished in Industry News

ABU DHABI – ADNOC announced the award of multi-billion-dollar contracts for the procurement of casing and tubing as it drives value through its smart approach to procurement. The combined scope of the …

Schlumberger deploys its DELFI cognitive E&P environment for Woodside Energy

August 21, 2019 pushlished in Industry News

LONDON – Schlumberger announced an enterprise-wide deployment of the DELFI cognitive E&P environment through a seven-year technology collaboration with Woodside Energy. Woodside will leverage this …

Rival Downhole Tools secures five-year drilling motor supply agreement

August 21, 2019 pushlished in Industry News

HOUSTON – Rival Downhole Tools has secured a five-year collaborative supply agreement for drilling motors for U.S. land from a major oilfield services provider. Rival will utilize its engineering and …

Chevron Technology Ventures pitches in on Well Conveyor wireline tractor development

August 21, 2019 pushlished in Industry News

BYRNE, NORWAY – Norwegian downhole technology company Well Conveyor has received equity investment from Chevron Technology Ventures (CTV), supporting the qualification and commercialization phases for …

New session at Offshore Europe to focus on extending life of fields

August 21, 2019 pushlished in Industry News

ABERDEEN – Subsea UK will host a session at this year’s Offshore Europe looking at how underwater operations can extend the life of fields and maximize economic recovery from the UKCS.Neil Gordon, chi …

Aker wins umbilicals order for Dalma project in UAE

August 21, 2019 pushlished in Industry News

FORNEBU, NORWAY – Aker Solutions has won an order from ADNOC to deliver subsea umbilicals for the Dalma gas development project located offshore UAE in the shallow waters of the Persian Gulf.The value …

Total seeks to finalize Papua LNG talks this month

August 21, 2019 pushlished in Industry News

SYDNEY (Bloomberg) – The Total SA-led liquefied natural gas joint venture in Papua New Guinea is seeking to finish a new round of negotiations with the government by the end of August, while insisting …

BP deck operations contract a first for Sparrows Group in UKCS

August 21, 2019 pushlished in Industry News

ABERDEEN – Sparrows Group has been awarded its first contract to deliver deck operations services in the UK Continental Shelf for supermajor BP. Sparrows has been providing crane maintenance and opera …

Subsea 7 bringing experienced engineers to oil and gas

August 20, 2019 pushlished in Industry News

ABERDEEN – Subsea 7 is continuing its Engineering Conversion Program, based in Aberdeen, to help experienced engineers from civil engineering and military roles to transfer skills and build new career …

Shale bond buyers get picky as more producers default

August 20, 2019 pushlished in Industry News

NEW YORK (Bloomberg) – After years pouring funds into the shale boom, bond buyers are getting increasingly selective as defaults rise and many explorers continue to burn more cash than they make.While …

Saudi oil fields are in the firing line as Gulf conflicts continue

August 20, 2019 pushlished in Industry News

DUBAI (Bloomberg) – Flaring tensions in the Persian Gulf have seen some of the world’s biggest crude deposits, along with processing and transport infrastructure and vessels, targeted by explosives-la …

Subsea 7 Engineering Conversion Program brings experienced engineers to oil and gas

August 20, 2019 pushlished in Industry News

ABERDEEN – Subsea 7 is continuing its Engineering Conversion Program, based in Aberdeen, to help experienced engineers from civil engineering and military roles to transfer skills and build new career …

Hong Kong billionaire’s Husky bet loses over 80% in a decade

August 20, 2019 pushlished in Industry News

TORONTO (Bloomberg) – Hong Kong billionaire Li Ka-shing’s oil sands investment is hurting — and some analysts are calling on him to stop the bleeding. Shares of Calgary-based Husky Energy Inc. have p …