CIS Group completes subsea piling operation in North Sea for Subsea 7

Conductor Installation Services Ltd. (CIS) has successfully completed a subsea piling operation for Subsea 7 in the UK North Sea. More »

Emerson improves offering with Yggdrasil acquisition

Emerson Process Management has acquired Norwegian company Yggdrasil, a provider of flow assurance and production optimization software. More »

Aqualis Offshore to open South Korea office

Offshore marine and engineering consultancy Aqualis Offshore is to open an office in Busan, South Korea, following increased demand for the company’s services. More »

China wary of closer Russia energy ties, ex-Cnooc economist says

China is wary of expanding energy investments in Russia because closer ties with the Kremlin could harm its relations with the U.S., according to a former researcher at China’s biggest offshore explorer. More »

Oil steady after biggest drop since April as U.S. supplies rise

Oil was steady after the biggest decline since April as an unexpected gain in U.S. crude stockpiles signaled a supply glut may persist. More »

Petroleum Geo-Services inks Mexico 2D cooperation agreement with Spectrum, Schlumberger

PGS has executed an MOU for a cooperation agreement with Spectrum and Schlumberger in Mexico. The collaboration will acquire 80,000 to 100,000 km of modern, long-offset 2D data encompassing all the major hydrocarbon provinces offshore Mexico. More »