Dibowitz will become Seadrill's CEO on 1 July. Image from Seadrill. Seadrill has appointed Anton Dibowitz as the company’s new chief executive officer effective 1 July 2017. Dibowitz…
ExxonMobil has awarded Maersk Drilling a contract extension valued at US$22.5 million for the ultra deepwater drillship Maersk Viking. The three-year contract, originally scheduled to end in July and valued at $610 million, will now run an additional 150 days into December this year…
The Norwegian Petroleum Directorate (NPD) has granted Statoil consent to start-up production from the Gina Krog field in the North Sea, which the Norwegian giant has set to start-up in late June 2017. Gina…
Norway's Magseis and Germany's Seismic Apparition have signed an exclusive technology agreement to jointly develop and implement a new innovative technology that will reduce the operational time for ocean bottom seismic. Technology development…
DONG Energy has today agreed to sell its E&P business, including a stake in the Rosebank field, west of Shetland, to petro-chemical business Ineos for US$1.05 million, plus $250 million in contingent payments. Ineos, which recently acquired the Forties pipeline system from BP…
President Trump wants to take away the Gulf of Mexico Energy Security Act (GOMESA) payments from four coastal states in the Department of Interior’s (DOI) proposed US$11.7 billion budget for 2018. Trump…
Jadestone Energy has withdrawn from the Bone production sharing contract (PSC) offshore Indonesia, with partner AziPac ready to take over. Map of the Bone PSC, from Jadestone. The…
Vallianz Holdings secured long-term charter contracts for four vessels valued at up to US$115 million in total in the Middle East, Egypt, and Turkmenistan. The contracts mark Vallianz’s entry into two new markets in the Middle East and Central Asia…
The scale and severity of the recent international ransom-ware cyber attack has elevated urgency in the oil and gas industry to detect and defend against potentially debilitating threats and actions. Michie…
New Norwegian exploration firm Mime Petroleum has agreed to an investment deal worth up to US$300 million from Blue Water Energy. Oslo-headquartered Mime Petroleum has been set up to focus on developing existing fields and licenses on the Norwegian Continental Shelf (NCS)…
TGS and Petroleum Geo-Services (PGS) have announced two new multi-client 3D seismic projects offshore Eastern Canada. Following on from the recently announced 2017 2D seismic campaign and the Cape Broyle 3D, the two new projects - East…
Petroleo Brasileiro (Petrobras) sent a termination notice to Teekay Offshore for the Arendal Spirit charter contract last month, in which the company says it is disputing the grounds of the termination and is reviewing its legal options. The…
Statoil has started drilling at the Blåmann well in the Barents Sea, the first of five wells in its exploration program, the Norwegian giant announced today (22 May). Image of the Songa Enabler…
Former Louisiana state official Scott A. Angelle has been appointed as the director of the US Bureau of Safety and Environmental Enforcement (BSEE), effective 23 May. Angelle. Image from BSEE. Angelle…
Statoil is establishing a digital center of excellence and launching a roadmap with seven specific programs for digitalization in the company towards 2020. Digitalization will help improve the safety, security and efficiency of Statoil operations…