Unconventional natural gas producer Chesapeake Energy Corp. announced on 16 May 2014, its 2014 Analyst Day, that it will spin off its oilfield services business, Chesapeake Oilfield Operating, LLC (COO), which has been somewhat hidden in the Chesapeake Energy corporate structure…
Bermuda-headquartered Teekay Offshore filed a letter of intent to acquire Norway-based Logitel Offshore Holdings Ltd., the company announced in its first quarter results released on 15 May 2014. The acquisition, Teekay said, should close in 3Q 2014…
Redline Communications Group Inc., a provider of mission-critical wireless networks, announced that it has received a US$1.6 million contract to deliver a marine communications network based on the recently announced RAS Extend Marine product…
Talisman Sinopec Energy UK's managing director Geoff Holmes left the busines with immediate effect, yesterday, with the firm's executive vice-president Europe-Atlantic Paul Warwick taking over the job in an interim role (pictured). Talisman…
It has been less than a year since Mexico’s landmark energy reform, but the effects of this major restructuring on one of the world’s largest economies are already being observed. Gustavo Hernandez Garcia, acting director of E&P, Pemex,…
After nine years with Paolo Scaroni serving at the helm of Italy’s Eni S.p.A., the company’s board of directors appointed his successor: Claudio Descalzi (pictured), chief operating officer of Eni’s Exploration and Production division since 2008…
Trelleborg announced it will open a new purpose-built facility in Berryville, Virginia, for its marine systems operation. As part of ongoing investment in its US operations, Trelleborg Marine Systems will relocate all of its existing employees from its current site in Clear Brook…
Siemens Energy has received an order to deliver customized direct electrical heating (DEH) power supply systems for ten subsea flow lines, with an option for two additional systems. The customer is BP Exploration and all the systems are…
DNV GL announced that it has acquired Norwegian firm Marine Cybernetics for an undisclosed amount during a press conference at the Offshore Technology Conference on 7 May. Trondheim-based Marine Cybernetics is a third-party company offering…
Wood Group and Siemens Energy Service have received all the necessary regulatory approvals to close the previously announced joint venture between the Gas Turbine Services (GTS) business of Wood Group and the Siemens Energy Service TurboCare business unit…
Monday morning's 'New Deepwater Construction Equipment Update' highlighted multiple vessels that can be used for operational assistance. Saipem discussed the merits of theCasterone DP pipelay vessel, which has a stinger that is designed against 1500Te pipe pull…
More than 170 applications have been received for the latest offshore licensing round in the UK, the Department of Energy and Climate Change (DECC) says. The 28th Offshore Oil and Gas Licensing Round closed for applications on Friday 25 April…
EMAS AMC have awarded welding specialist Serimax a long-term frame agreement to provide comprehensive welding services for their global spool base operations. EMAS AMC said the global frame agreement will further strengthen its…
FoundOcean announced that offshore structures expert Naval Sondhi recently joined the company to lead its strengthening, modification, and repair (SMR) design services division. Jim Bell, FoundOcean's Managing Director said: 'Naval’s…
OVERDICK announced that the BorWin beta topsides has been successfully installed in the German sector of the North Sea, about 53nm NNW of the island of Borkum. The step marks the completion of the most critical phase in the offshore campaign…