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Latest Offshore Stories

2011-08-15 00:00:29

Covering the five-step Stage Gate process, IHRDC develops a new addition to it's Petroleum Online series. Boston, MA (PRWEB) August 13, 2011 International Human Resource Development Corporation (IHRDC) announces the release of a new e-Learning module, "Oilfield Development," a major new addition to its Petroleum Online series. The module covers the five-step, Stage-Gate project management process, providing in-depth learning about Field Development, from negotiation of host country...

2011-05-03 15:01:00

HOUSTON, May 3, 2011 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has been awarded a contract by Petrobras (NYSE: PBR, PBRA) to supply two subsea separation and boosting systems for the Congro and Corvina fields, located offshore Brazil in the Campos Basin. The contract has a value of approximately $130 million in revenue to FMC Technologies. (Photo: http://photos.prnewswire.com/prnh/20110503/DA94702) In addition to a subsea gas/liquid separation and boosting...

2011-05-03 08:00:00

HOUSTON, May 3, 2011 /PRNewswire/ -- Scotland's industry-leading innovative offshore developments are once again being shown at the Offshore Technology Conference (OTC) 2011, May 3-6 in Houston, as Scottish companies continue to exemplify their offshore endeavors across the globe. This year, over forty technology, personnel contracting and consulting firms, as well as several Scottish universities and government agencies will be on hand to demonstrate all that Scotland is doing to advance...

2011-03-23 06:30:00

HOUSTON, March 23, 2011 /PRNewswire/ -- Global Industries, Ltd. (Nasdaq: GLBL) announced today that it has been awarded a project from LLOG Deepwater Development Company, L.L.C. for the installation of a deepwater subsea development in the Gulf of Mexico. The project, which will take place in Blocks MC 503/547, is located in 3,000 FSW and is scheduled to begin in May. The project includes the installation of 19 miles of 10-inch export oil pipeline, 17 miles of 14-inch gas pipeline, 10...

2011-03-17 16:20:00

WASHINGTON, March 17, 2011 /PRNewswire-USNewswire/ -- The board of directors of the American Petroleum Institute formally endorsed the industry's steps to create a Center for Offshore Safety, during its spring meeting. "After extensive review and development, the oil and natural gas industry has approved the creation of the Center for Offshore Safety, which will promote the highest level of safety for offshore operations, through an effective program that addresses management practices,...

2011-03-14 16:00:00

HOUSTON, March 14, 2011 /PRNewswire/ -- T-Rex Engineering & Construction, L.C. (T-Rex) announces the recent asset acquisition from Delcor USA, Inc. This significantly expands T-Rex's fabrication capabilities for the offshore oil & gas industry. "This facility, which is located on Carpenter's Bayou near the Houston Ship Channel, gives T-Rex the ability to build large structures, both topside and subsea, required for any project, in any water depth," said Gary A. Sidwell, President...

2011-03-07 07:00:00

HOUSTON, March 7, 2011 /PRNewswire/ -- Oceaneering International, Inc. (NYSE: OII) announced it has entered into a definitive purchase agreement to acquire Norse Cutting & Abandonment AS (NCA), for approximately $60 million. The purchase is expected to close by March 31, 2011. NCA is an oilfield technology company that specializes in providing subsea tooling services used in the plugging, abandonment, and decommissioning of offshore oil and gas production platforms and subsea...

2011-03-02 15:00:00

HOUSTON, March 2, 2011 /PRNewswire/ -- FMC Technologies (NYSE: FTI) announced today that it has received a $125 million order from Petrobras (NYSE: PBR, PBRA), Brazil's national oil company, to supply equipment for use in their oil and gas developments offshore Brazil. The order, for 32 subsea trees, represents the remaining equipment under a 107-tree frame agreement that was announced in February of 2010. Equipment deliveries are scheduled to begin in 2013. "We have been a key supplier...

2011-02-15 15:00:00

HOUSTON, Feb. 15, 2011 /PRNewswire/ -- FMC Technologies, Inc. (NYSE: FTI) announced today that it has signed a three-year frame agreement with ConocoPhillips Indonesia Inc. Ltd for the manufacture and supply of subsea production equipment. The contract includes an immediate $57 million call-off and is expected to result in approximately $96 million in total revenue to FMC Technologies if all of the subsea equipment included in the agreement is ordered. The equipment will support three of...


Word of the Day
call-note
  • The call or cry of a bird or other animal to its mate or its young.
'Call-note' is newer than 'bird-call,' which originally referred to 'an instrument for imitating the note of birds' but now also refers to 'the song or cry of a bird.'
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