OilGas24.com - Technology

Honeywell buying oil-gas automator Enraf

Fri, 20 Jul 2007 08:54:07 UT

Process automation company Honeywell has notched 17 percent higher net income for second-quarter 2007 year-on-year, a $611 million result that coincides with a buy-up in its process solutions unit.

Dassault dives deeper into oil-gas market

WILLIAM STOICHEVSKI — Mon, 16 Jul 2007 10:14:51 UT

Sub-sea engineering firm JP Kenny has bought a design software license package from Dassault Systems to improve its design and installation operations for large Western Australia gas-field projects.

Total “to book" Shtokman reserves

Fri, 13 Jul 2007 09:42:24 UT

Total has all but secured reserves from Gazprom’s giant Shtokman gas field in the eastern Barents Sea, after a signing ceremony in Moscow Friday clinched a 25-year development deal, with options.

Gazprom gives Total 24% of Shtokman

Thu, 12 Jul 2007 09:59:03 UT

Gazprom has chose French oil company Total to jointly own the Shtokman project company which will own some $16 billion in infrastructure at the 3.6-trillion-cubic metre gas field in the eastern Barents Sea.

EMGS to ply offshore Canada for $10M

Mon, 09 Jul 2007 09:05:16 UT

Electromagnetic Geoservices has been awarded a contract by an unnamed energy company to determine the hydrocarbon content of potential reservoirs offshore eastern Canada using seabed-logging technology.

Ability rig order marks Norwegian walk in desert

Mon, 18 Jun 2007 07:20:44 UT

Norway-based Ability Drilling has executed an option and ordered an onshore drill rig and a workover rig from southwest Norwegian TTS Marine Drilling equipment, a business of Sense EDM of Kristiansand.

Hydro forms “permanent” seismic joint venture

Fri, 15 Jun 2007 08:23:13 UT

Hydro Technology Ventures has formed a joint venture company with Input-Output, Inc. and Reservoir Innovation to develop, pilot test, and commercialize a full-wave seismic system for the permanent monitoring of offshore reservoirs.

Statoil, Odfjell agree drill-tech development deal

Fri, 15 Jun 2007 08:04:34 UT

Norwegian oil company Statoil and drilling contractor Odfjell have agreed to develop new sub-sea technology together much like the energy company has with other large supplier contractors.

Tags: StatoilHydro

Wartsila, Hyundai win EU OK for LNG deal

Thu, 14 Jun 2007 08:32:27 UT

The European Union has approved a joint-venture of Wärtsilä and Hyundai Heavy Idustries formed to build dual-drive engines for carriers of liquefied natural gas, or LNG.

Badger Explorer bites into derrick with IPO

Wed, 13 Jun 2007 09:25:55 UT

A Stavanger-based oilfield services company boasting a drilling machine that bores into sub-soil like a mole, free of a derrick, listed on the energy-focused Oslo Stock Exchange’s start-cap Axess this week.

Trio of Shtokman designs ahead in Arctic queue

WILLIAM STOICHEVSKI — Tue, 12 Jun 2007 13:43:05 UT

Norwegian oil company Hydro has presented three design proposals for the development of Gazprom’s 3-trillion-cubic-metre gas field Shtokman in the Russian Barents Sea, judging from illustrations OilGas24.com saw Tuesday.

ABB electrifies NCS, clinches $72M cable

Fri, 08 Jun 2007 12:42:44 UT

ABB in Norway has won a NOK430-million ($72-million) contract to electrify Statoil’s Gjoa platform by sub-sea cable from gas-fired power plant at Mongstad, it was announced late Friday.

Experts: Central, East Europe power markets set to grow

Thu, 24 May 2007 09:03:26 UT

Central and Eastern European markets for steam and gas turbines are set to grow as high prices plateau and European Union funds for cleaner-burning energy are made available, consuntants Frost and Sulliven are expected to tell suppliers later this month.

Oil minister's gas talk fuels Shtokman supplier hopes

WILLIAM STOICHEVSKI — Wed, 23 May 2007 07:45:00 UT

Norwegian Oil and Energy Minister Odd Roger Eknoksen has said Russia continues to ask about gas-supply cooperation between producing countries, just as imports of offshore oilfield equipment are set to receive a boost.

Linde “re-liquefies” way onto five Samsung LNG carriers

Thu, 10 May 2007 10:30:15 UT

German refrigeration specialist, Linde Group, has won a $50 million order from shipbuilder Samsung Heavy Industries for “on-board, boil-off gas reliquefaction” plant on five carriers of liquefied natural gas, or LNG.