TAAP OGV community Future OnG ROBOTICS AND AI OGV
Latest news - Company news

Call to oil and gas professionals to support diversity group

Call to oil and gas professionals to support diversity group   An organisation that encourages under-represented groups to choose a career in the oil and gas industry is holding an event for energy professionals on Saturday (January 26). Aberdeen-based AFBE-UK Scotland is a not-for-profit organisation that supports young people, particularly those of black and minority ethic (BME) or...

BGF announces further investment in SPEX Group Holdings Limited

BGF announces further investment in SPEX Group Holdings Limited   23 January 2019: Aberdeen-headquartered SPEX Group Holdings Limited (“SPEX Group”) has secured a multi-million pound follow-on investment from its management team and BGF, the UK’s most active investor in growing businesses, to accelerate growth. BGF originally invested £5m in February 2014 to support the company’s expansion in international markets. SPEX Group’s subsidiaries provi...

Independent Research Firm Recognizes Petrotechnics, a Sphera Company, as an Operational Risk Software Leader

Independent Research Firm Recognizes Petrotechnics, a Sphera Company, as an Operational Risk Software Leader   Sphera Solutions and Petrotechnics, a Sphera company, recognized as a market leader in independent, industry-leading Operational Risk Management (ORM) software report. CHICAGO, IL (Jan. 22, 2019) – Sphera, the largest global provider of Integrated Risk Management software today announces that Petrotechnics, a Sphera company, has been named a leader in the Verdantix O...

Apache Corporation Named One of the World's Most Admired Companies by Fortune

Apache Corporation Named One of the World's Most Admired Companies by Fortune   Apache Corporation has been named by FORTUNE magazine as one of the World’s Most Admired Companies. This is Apache’s second consecutive year to be recognized in the annual list. “We are honored to again be included in this group of world-class companies. Apache’s core values and business strategy together with our dedicated and talented employees are what make this a great pl...

Subsea Technology & Rentals Expands Its Aberdeen Team

Subsea Technology & Rentals Expands Its Aberdeen Team   Subsea Technology & Rentals (STR), are pleased to announce the recent appointment of Ian Harvey as Senior Sales Engineer. The Company which specialises in the design, production and rental of advanced subsea technology, has made this appointment following a sustained period of regional and international growth as a result of opening a new facility in Aberdeen in 2017 and expansion into Asia Pacific in 2018. Ian&rsqu...

Subsea 7 acquires multi-purpose vessel

Subsea 7 acquires multi-purpose vessel   Subsea 7 has acquired the Toisa Pegasus, a multi-purpose offshore construction and dive support vessel. The 2009-built vessel is to be renamed Seven Pegasus and will primarily support the company’s operations in the North Sea and Asia/Pacific. The vessel can perform both heavy and light construction work scopes. Designed and built by IHC, the DP-3 vessel features a twin-bell 18-person saturation diving system, 400T crane, and a 1,20...

Reduced CO2 emissions from the supply chain by 600,000 tonnes

Reduced CO2 emissions from the supply chain by 600,000 tonnes   Since 2011, Equinor has reduced CO2 emissions from its logistical operations for the Norwegian continental shelf (NCS) by 600,000 tonnes. The company’s ambition is to halve emissions in the NCS supply chain by 2030. On Friday 18 January, NorSea will open a shore-to-ship power supply station at the Dusavik supply base by Stavanger. This base is the latest in a row of supply bases where vessels on Equinor contract...

BWC and ERMA FIRST agree to collaborate on containerised Ballast Water Management solution

BWC and ERMA FIRST agree to collaborate on containerised Ballast Water Management solution   BWC and ERMA FIRST have agreed a collaboration which will increase the Ballast Water Management options available to the shipping industry. Ballast Water Containers CEO, Richard Lawson commented: “We were delighted to be contacted by ERMA FIRST and after working closely with their technical team over the past three months we are now extremely pleased to be able to offer a containerise...

READ Cased Hole signs exclusive agreement with Advanced Logic Technology

READ Cased Hole signs exclusive agreement with Advanced Logic Technology   Production and integrity evaluation specialist, READ Cased Hole Ltd (READ) is delighted to announce it has signed an exclusive agreement with Advanced Logic Technology (ALT) to develop and bring to market ALT’s ABI-43 acoustic borehole imaging technology. Over the coming months, READ will work in close partnership with Luxembourg-based ALT to rigorously test and characterise the ABI-43 tool, which will...

Pragma's Downhole Steam Injection Valve Takes Next Step Towards North Sea Reality

Pragma's Downhole Steam Injection Valve Takes Next Step Towards North Sea Reality   Aberdeen-based oil and gas production technology business, Pragma Well Technology (‘Pragma’), has been given the green light by Pharis Energy and OGTC to progress with the manufacture and prototype testing of their Downhole Steam Injection Valve (‘DSIV’) following a successful feasibility study. Using advanced materials, detailed fluid design and innovative engineering fe...

Airborne Oil & Gas awarded contract by TOTAL for TCP Jumper in West Africa

Airborne Oil & Gas awarded contract by TOTAL for TCP Jumper in West Africa   Airborne Oil & Gas B.V. announced it has been awarded a contract from TOTAL to supply a TCP (Thermoplastic Composite Pipe) Jumper for a deepwater project in West Africa. The field is located approximately 150 km offshore in water depths of up to 1600 m. This contract follows the successful completion of a rigorous testing program, in which TOTAL qualified Airborne Oil & Gas’ TCP Water Inject...

Ensco plc Announces Proposal to Increase Exchange Ratio for Combination with Rowan Companies plc

Ensco plc Announces Proposal to Increase Exchange Ratio for Combination with Rowan Companies plc   Ensco plc announced today that it has made a proposal to Rowan Companies plc to increase the exchange ratio for its all-stock combination with Rowan. Under the terms of the proposal, Rowan shareholders would receive 2.600 Ensco shares for each Rowan share, a 17.4% increase from the exchange ratio of 2.215 contemplated by the transaction agreement dated October 7, 2018 between the part...

Innovation Incubator to Create 20 Jobs

Innovation Incubator to Create 20 Jobs   Attollo Offshore, a leading offshore marine operator, continues to cement its reputation for innovative thinking by announcing the launch of its Aberdeen-based Innovation Incubator. Renowned for its smarter operations of the assets required for late field life, decommissioning, rig-less well intervention, plug and abandonment and offshore wind projects, the incubator reflects the company’s strategy of continued research and development...

ProSep strengthens Middle East presence

ProSep strengthens Middle East presence   ProSep, an industry-leading, technology and service provider for integrated process solutions to the global energy industry, has announced Raul Gonzalo as its new Regional Sales and Service Manager in the Middle East. With a degree in Mechanical Engineering, Raul has successfully performed roles of project manager, service sales, product development and commissioning of mixers and other process equipment for ProSep over the last four years....

Altus Intervention invests in smart simulation technology to boost well intervention crew skills

Altus Intervention invests in smart simulation technology to boost well intervention crew skills   Leading well services specialist, Altus Intervention UK, is investing in a new state-of-the-art training simulator to boost the safety and competency of its personnel in the field. The new ‘MultiSIM’ portable well intervention simulator developed by advanced simulator manufacturer, Drilling Systems, will be installed at Altus Intervention’s UK facilities in Portlethe...

Subsea Innovation achieves world first DNV GL type approval

Subsea Innovation achieves world first DNV GL type approval   Subsea Innovation Ltd, part of Tekmar Group plc, has announced that it has been awarded DNV GL type approval for its SIClamp structural pipeline repair clamp technology. In doing so Subsea Innovation is the first manufacturer in the world to achieve this certification. The new technology, given the official stamp of approval from DNV GL, can act as a temporary or permanent structural repair clamp for carbon steel pipelin...

Leading Aberdeenshire Company Reports Successful Return to Kazakhstan

Leading Aberdeenshire Company Reports Successful Return to Kazakhstan   A leading provider of innovative asset cleaning and decontamination solutions has reported a successful return to an important overseas market. In 2017, Inverurie-based Denholm MacNamee unveiled significant investment in the purchase of an external heat exchanger cleaner (shell side) and associated equipment which was quickly deployed to work on its first project in Kazakhstan, at the request of sister company...

AnTech eyes buoyant land market – lowers monitoring costs with triple product launch

AnTech eyes buoyant land market – lowers monitoring costs with triple product launch   AnTech Ltd, a world leading designer and manufacturer of products for the upstream oil and gas industry, has announced the launch of three products, designed to lower equipment cost of permanent monitoring in the current market. The two wellhead outlets and a cable splice build upon recent growth in the market, which is reflected in AnTech’s latest sales figures; product orders are up...

BGF exits Petrotechnics

BGF exits Petrotechnics   9 January 2019: BGF has announced the exit of its minority investment in Petrotechnics, a global leader of software solutions for hazardous industries, following its acquisition by US-based Sphera Solutions Inc. BGF invested £6m in the Aberdeen-based company in 2013 to support the development of Proscient – the first software enterprise platform for operational excellence in hazardous industries. The funding was also used for geographical ex...

Aiken Group Reports Sharp Upturn in Module Business

Aiken Group Reports Sharp Upturn in Module Business   Aberdeen-based Aiken Group has announced a sharp upturn in one of its core areas of business. During the last month alone, the Aberdeen-based company has secured work worth in excess of £700,000 in the offshore cabin module part of its business, and it is anticipated that jobs will be created as a result of this demand coming from the North Sea. Commenting on the news, Aiken Group Managing Director Danny Donald said: &l...
Taap (5204)
Craig International
FUTURA