Malaysia-based Hibiscus Petroleum and Australia’s Hydra Energy entered into a deal that will see Hibiscus acquire 100% of the outstanding shares of Hydra Energy at “fair market value.” The addition of Hydra Energy and its portfolio of…
Richard McLaughlin has been appointed by the National Academy of Sciences to serve on its newly created Committee on Environmental Sciences and Assessment for Ocean Energy Management. This committee will provide independent oversight and…
AIMS Global Consulting has established a strategic partnership with The Houston Consulting group (HCG), a process safety and reliability-focused practice with broad experience in oil and gas, chemical process, and process manufacturing industries…
CGG's E&P data management solution for the seismic, well and production modules in the Diskos database, Norway’s National Data Repository, is now in production and accessible to all members of the Diskos group. The Diskos implementation…
Today’s low oil prices and looming debt loads are not the only challenges to upstream offshore oil and gas companies and their vendors. But as if those weren’t enough, owners and operators must also be focused on the insidious threat of cyber attacks…
Strategic Corrosion Management (SCM) launched new systems to support improved tracking and management of integrity and corrosion anomalies for both on and offshore assets, supporting safety, productivity and cost management targets. An anomaly management module has been created for SCM’s…
Penspen, a provider of engineering and management services to the energy industry, appointed Carl Mook as the new executive vice president (EVP) asset management and asset integrity and regional director of the Americas. In his new EVP role…
Facilities service provider Petrofac has been awarded a contract to support maintenance management system (MMS) implementation for Bumi Armada’s floating, production, storage and offloading (FPSO), the Armada Kraken. The vessel, a converted Suezmax ice-class tanker…
Saudi Aramco has awarded Australia's WorleyParsons a contract to provide project management services for its offshore program. WorleyParsons has been managing the Offshore PMC contract for Saudi Aramco for the last 12 years, which has employed in excess of 400 people in recent years…
INPEX awarded Petrofac an integrity and maintenance program development contract by for the Ichthys LNG Project, offshore Western Australia. The Ichthys field. From INPEX. The INPEX…
Danos launched a project management group (PMG) to provide a single point-of-contact for customers with large-scale projects involving multiple services lines. The PMG will streamline critical project communication as well as ensure complete…
Harvey Gulf International Marine is using Advanced Logistics’ marine management system, SAMM, and preventative maintenance module, Preventer,on its fleet of marine transportation vessels. Advanced Logistics’s software allows a vessel…
Figure 1: The Cygnus field is the sixth largest gas field in the southern North Sea and the largest to be discovered in the last 25 years within the southern North Sea gas basin.Image from GDF Suez. A…
Russian based Rosneft announced a joint venture agreement regarding implementation of vessel, drilling rig, and marine equipment construction and design projects that was signed at the 21st World Petroleum Congress on 16 June. The joint venture was entered by Rosneft…
Getting offshore risk management wrong can prove disastrous, but how easy is it to get it right? Insurance professional Robert Armstrong is hoping to demystify some of the issues in a talk organised by Aberdeen’s SPE Young Professionals on 2 April…
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