St. Louis-based technology firm Emerson Electric has withdrawn its recent offer for Rockwell Automation, citing the continued unwillingness of Rockwell’s board of directors to discuss merging the companies. Emerson Chairman and Chief Executive David N…
ExxonMobil has initiated production from its Hebron field development project offshore eastern Canada, the company announced today (28 November). Expected to peak at 150,000 bo/d, Hebron will be the fourth producing field offshore Newfoundland and Labrador…
Carlos Alberto Trevino Medina, Pemex's corporate director of administration and services, will succeed Jose Antonio Gonzalez Anaya as CEO of the company, Mexican President Enrique Pena Nieto announced on 27 November. Pemex's…
Petrobras and its partners have achieved first oil from the mega pre-salt development Libra, the operator announced today (27 November). Libra is in the ultra-deep waters of the Santos Basin, 180km offshore Rio de Janeiro, Brazil. The…
French oil major Total is to sell out of its delayed Martin Linge development and the Garantiana discovery offshore Norway, in a US$1.45 billion deal with part-state-owned operator Statoil. Statoil will take Total's 51% stake in Martin Linge…
Tullow oil is aiming to start drilling on the Cormorant prospect in the Walvis Basin offshore Namibia at the start of September next year [2018], according to partner Pancontinental. The Cormorant prospect, in about 550m water depth, is part of exploration license in PEL 37…
Eni and partner Total are targeting drilling on Block 6 offshore Cyprus by the end of this year, the Italian major has said. It will be just nine months after the signature of the Block 6 exploration and production sharing contract (EPSC)…
After more than 40 years service, an icon of the inustry, Heerema Marine Contractor's semisubmersible crane vessel Hermod, was loaded onto Boskalis' heavy transport vessel Dockwise Vanguard in the port of Rotterdam. The Vanguard will…
Decommissioning industry trade organization Decom North Sea has appointed an interim CEO following the appointment of Roger Esson to the Oil & Gas Technology Centre. Interim Decom North Sea CEO Dr Tom Leeson (pictured, right) will start immediately…
Dutch heavy life and accomodation vessel firm OOS International has agreed a memorandum of understanding with Chinese offshore services company Jiangsu Fanzhou Shipping to form a strategic alliance. The two hope to work together to expand the coverage of their vessels globally…
Young diving firm Ultra Deep Solutions has seen the keel laid at Chinese yard CMHI on its latest dive support construction vessel (DSCV), the Ultra Deep Matisse. This vessel will be the largest ship in the firm's fleet, at 145m-long with a 27m beam…
Global Petroleum's subsidiary Jupiter Petroleum says extra time given to assess its acreage offshore Namibia has given it chance to see more potential. The firm has been given an extension to its first renewal exploration period for License 29…
German cable firm NKT is testing power cables for a wave power project in Norway. For the project in Norway, NKT has developed a dynamic 1 kV cable as well as a semi-dynamic 24 kV export cable for power export. The cables are currently…
Japan's Kawasaki Heavy Industries has completed a verification test on an autonomous underwater vehicle (AUV) which can dock autonomously to re-charge subsea in UK waters. With a focus on the growing demand for pipeline maintenance in the offshore oil and gas fields…
New tax measures aimed at making it more attractive for North Sea oil and gas assets to change hands have been welcomed by industry. In his Budget statement made in the UK Parliament yesterday (22 November), the Chancellor of the Exchequer Philip Hammond…