M-I SWACO RECENTLY ANNOUNCED the release of the KLA-SHIELD high-performance water-base drilling fluid system. Designed for use in onshore and offshore fields, the KLASHIELD system is made up of products that are formulated to address environmental concerns worldwide.

Many Industry experts have long recognised the potential that polymer materials can offer in pipeline applications, but the promise has often lagged behind the progress. That may now be about to change.

EMERSON PROCESS MANAGEMENT recently announced the introduction of the first industry-wide system designed to enable remote retrieval and replacement of sensors mounted on subsea production equipment, utilising a standard subsea remote operated vehicle (ROV). Emerson will go a step further and donate significant intellectual property (IP) for the interface to the industry to enable wide-spread adoption and protect customers from proprietary systems.

Shell and Schlumberger join R&D forces to better understand earth’s subsurface

INTERNATIONAL OIL SERVICES, engineering and construction company Aker Solutions has decided to cultivate its core businesses by creating three separate companies. The new streamlined entities have a clear ambition to grow in their respective markets.  The new strategic direction is the conclusion of a strategy process initiated by the Board in second quarter 2009.