FMC Technologies Inc., one of the biggest vendors to North America’s oilfield service (OFS) operators, experienced significant declines in North America land operations during the second quarter and now expects no relief before 2016.
Articles from Subsea
Houston-based OneSubsea is allying with Norway’s Subsea 7 SA to design, develop and deliver integrated options for the offshore, a market that has seen as big a downturn if not more, than the onshore.
Houston-based OneSubsea is allying with Norway's Subsea 7 SA to design, develop and deliver integrated options for the offshore, a market that has seen as big a downturn if not more, than the onshore.
Technip, which employs 36,000 worldwide, including 4,200 across North America, is laying off 6,000 people and sharply restructuring to prepare for “an even more challenging environment” in the oil and natural gas industry.
Technip, which employs 36,000 worldwide, including 4,200 across North America, is laying off 6,000 people and sharply restructuring to prepare for "an even more challenging environment" in the oil and natural gas industry.
Shell Offshore Inc. has awarded Paris-based Technip the contract to install a subsea natural gas pipeline structure in the deepwater Gulf of Mexico (GOM) in the Stones field in the Walker Ridge blocks that are part of the prospective Lower Tertiary Trend.
The Department of the Interior’s Bureau of Safety and Environmental and Enforcement (BSEE) has proposed a rule aimed at implementing industry best practices and updating regulations governing production safety systems and equipment used to collect and treat oil and natural gas from offshore production facilities.
A subsea survey for the fourth time has confirmed the integrity of the Macondo well and the associated relief wells in the deepwater Gulf of Mexico, BP plc said. The visual inspection by BP and Transocean Ltd., which owned the Deepwater Horizon drilling rig, was to see if residual oil remained trapped under wreckage. The sheen is not recoverable and poses no risk to the shoreline, the U.S. Coast Guard said. No conclusive evidence of hydrocarbons leaking was observed from the surveyed area, but a “white, cloudy substance” appeared to emanate from several places on the overturned rig. Samples were collected, and BP plans to review the results with federal officials.