Houston based Helix Energy Solutions Group is slated to perform plug and abandonment operations (P&A) work in the Gulf of Mexico following a recent agreement with Marathon Oil.The services company announced Monday that it acquired from Marathon…
Equatorial Guinea has ordered energy operators to stop doing business with oil and gas service firm Subsea 7 for failing to comply with local laws aimed at creating more jobs for locals, the oil minister said on Thursday.In September, an oil ministry source warned that Schlumberger…
Heerema Marine Contractors (HMC) and AF Offshore Decom (AFOD), together known as the HAF consortium, have been awarded a contract with Marathon Oil Decommissioning Services for the Engineering, Preparation, Removal and Disposal (EPRD) services of the Brae Bravo Platform…
Decommissioning services firm Well-Safe Solutions has appointed Jim Christie as director of programs. The specialist well abandonment company, launched in July this year, has already assembled a senior team of eight well-known industry experts and now employs 20 people…
Marathon Oil has submitted to the UK Department for Business Strategy and Industrial Strategy a consultancy draft of plans to decommission its Brae Alpha, Brae Bravo, Central Brae, West Brae and Sedgwick offshore facilities. Brae Bravo…
Marathon Oil has renewed a contract for work on its three Brae platforms in the North Sea with Aberdeen-based oilfield equipment firm Archer. The contract for platform drilling, maintenance and engineering services was first signed in 1993…
VAALCO Energy has appointed Phil Patman as chief financial officer (CFO) effective 17 April 2017. Patman has over 20 years of experience in the oil, gas and other areas of the energy industry in key roles including finance, business development…
Equatorial Guinea's Ministry of Mines and Hydrocarbons has extended the closing date of its 2016 Licensing Round, due to a 'wave of new exploration interest' thanks to a more positive outlook in the industry. The round, offering 'all…
Marathon Oil has appointed Dane Whitehead executive vice president and chief financial officer, with an anticipated effective date of 6 March. Whitehead, 55, has most recently served as executive vice president and CFO of both EP Energy Corp…
Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) appointed Derrick O’Keeffe as the head of division for safety and integrity. In this role, O’Keeffe will ensure regulatory requirements around…
At 10pm last night (Monday 22 August) the Transocean Winner drilling rig was successfully refloated from Dalmore Bay, on the Isle of Lewis, off the west of Scotland, where it had grounded just over two weeks ago. Following its refloat…
J.R. Sult, executive vice president and CFO, has elected to leave Marathon Oil for personal reasons following an appropriate transition period. Sult's departure is not related to any disagreement with the company regarding financial disclosures…
Plans to put a team of eight salvors on board the grounded semisubmersible oil rig Transocean Winner have had to be called off because the conditions are unsuitable to winch them down safely, according to the Maritime & Coastguard Agency…
Vaalco Energy’s chief executive officer (CEO), Steve Guidry, will retire from the company and board of directors effective 1 September 2016. Guidry joined Vaalco as CEO in October 2013 after having worked for 33 years at Marathon Oil Corp…
ConocoPhillips and Marathon Oil Corp. have signed an early termination agreement for the deepwater drillship Maersk Valiant, Maersk Drilling says. The termination, which comes following Conoco's decision to halt Gulf of Mexico deepwater exploration spending…