Searcher Seismic will begin the South Campeche Ultracube 3D seismic reprocessing project offshore Mexico that will merge three existing surveys. Map of the Ultracube project, from Searcher. In total…
The US Department of Justice (DOJ) is taking action and suing to block Halliburton’s US$34.6 billion takeover of Baker Hughes, claiming that the merger threatens to eliminate competition, raise prices and reduce innovation in the oilfield services industry…
As part of President Obama’s continued commitment to safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) director Abigail Ross Hopper has announced the bureau will offer approximately 23.5 million acres…
Freeport-McMoRan (FCX) subsidiary Freeport-McMoRan Oil & Gas (FM O&G) has shaken up its workforce with a reorganization that sees four top executives depart the company in a move that will reduce costs, streamline functions, and enhance capital allocation…
Honeywell has appointed Darius Adamczyk to the company’s newly created role of president and chief operating officer (COO) effective immediately, reporting to chairman and CEO Dave Cote. Image of Adamczyk…
Murphy Oil is planning to make cuts to its worldwide workforce in direct response to the negative impacts of low commodity prices. Image from Murphy Oil. “Over the course of the past year and a half…
OneSubsea has announced the successful commission and start-up of subsea boosting systems installed in ultra deepwaters, located in the Gulf of Mexico. Installed in depths of approximately 7000ft (2100m), the subsea boosting systems consist of three retrievable 3 MW single-phase pump modules…
Byron Energy spudded the South Marsh Island 71 #1 (SM 71 #1) well located in South Marsh Island Block 71 in the Gulf of Mexico, using the Hercules 205 jackup drilling rig this week. Current operations at the SM 71 #1 well are drilling ahead at 671ft measured depth…
Oil Services giant Schlumberger has completed its US$14.8 billion merger with rival Cameron International, less than a year after the deal was proposed. Schlumberger CEO Paal Kobsgaard, image from Schlumberger…
All eyes will be on the current and future potential of Mexico’s oil and gas industry at the 22nd annual Petroleum Exhibition & Conference of Mexico (PECOM),taking place 5-7 April in Villahermosa, Tabasco. PECOM 2015 exhibit floor…
BP Canada is putting its Nova Scotia exploration drilling activity on the back burner until 2018, as it waits out the economic slump the entire industry has been enduring. Map of BP's Scotian basin exploration drilling project…
Elaine Maslin speaks with Oceaneering about its latest underwater technologies and its thoughts on the future of the ROV and AUV industry. The NEXXUS ROV working in the Gulf of Mexico off the Olympic Intervention IV vessel…
Scot McNeill and Kenneth Bhalla, of Stress Engineering Services, show how measured data coupled with engineering analysis can increase asset utilization. To date, the oil and gas industry has struggled to employ structural monitoring data in meaningful way…
Clint Galliano and André Rand of Halliburton; and Steve Sparling and Pat Watson of Anadarko Petroleum discuss how automated, real-time measurement of fluid density and rheology can enhance drilling operations. Offshore workers…
The Offshore Technology Conference (OTC) returns to Houston with strategies for adapting to the new normal. Images from OTC. In its 48th run, the 2016 Offshore Technology Conference…