Latest News - page 2232


CSA, EEH announce Qatar joint venture

Jun 08, 2015

Doha-based Energy & Environment Holding (EEH) and CSA Ocean Sciences Inc. (CSA), announced the formation of their new joint venture CSA Ocean Sciences (Doha) LLC. The board of directors for the joint venture is chaired by HE Sheikh Jabor bin Yusef bin Jassim al-Thani…

McDermott awards software contract to AGSL

Jun 08, 2015

Asset Guardian Solutions (AGSL) announced that it received a contract from McDermott Asia Pacific provide its Asset Guardian software management toolset to protect and manage the software installed on the process control systems that…

Mitra in Vietnam 3D seismic

Jun 08, 2015

Mitra Energy’s Vietnam subsidiary began a 3D seismic survey acquisition offshore Vietnam at Block 127 that will cover a full-fold area of 533sq km. Map of Block 127. From Mitra. The…

IWCF appoints new tech officer

Jun 08, 2015

The International Well Control Forum (IWCF) appointed David Conroy as its first chief technical officer (CTO). Based at the organization’s UK headquarters, Conroy will be developing this new role to lead changes to the technical aspects of IWCF’s services…

Wood Mackenzie encourages governments to adjust upstream fiscal terms

Jun 08, 2015

In a new two-part study, Wood Mackenzie explores the implications of the current low oil price for upstream fiscal terms. Governments dependent on oil taxation income are wrestling with lower oil revenues for public spending and pressure from oil and gas companies for more lenient terms…

Lewek Constellation sets record in GoM

Jun 08, 2015

EMAS AMC’s subsea construction vessel, the Lewek Constellation, established an industry record for pipelay in the US Gulf of Mexico (GoM) in 7368ft (2246m) of water during her sea trials. The Lewek Constellation…

Former Transocean CEO joins Bumi

Jun 08, 2015

The former chief executive officer (CEO) of Transocean, Steven Newman, was appointed as a director at Malaysia-based Bumi Armada Berhad effective 1 July 2015. Newman. Image from Transocean. Newman will be an independent director…

Ex-BP exec Rainey acquitted

Jun 08, 2015

A former high-ranking BP executive, David I. Rainey, has been acquitted of charges relating to the 2010 Deepwater Horizon accident. On Friday, the US District Court for the Eastern District of Louisiana dismissed charges that Rainey,…

Penspen expands Middle East department

Jun 08, 2015

Penspen underlined its commitment to growth in the Middle East with three new appointments and investment in a new office in Iraq. Ahmed Al-Dadah and Na’el Barghouthi have this month joined the company from other engineering providers…

Kvaerner/KBR JV grabs Johan Sverdrup gig

Jun 08, 2015

After some tough international competition, Statoil chose the Kvaerner/KBR joint venture to take on the US$849 million (NOK 6.7 billion) contract for the complete delivery of the platform topside to the Johan Sverdrup field development in the North Sea…

Current currency

Jun 08, 2015

The success of MeyGen will help lay the ground work for the future of the tidal power industry. The CEO of the company behind it, Atlantis Resources, believes he has the recipe for success. Elaine Maslin reports. Tim Cornelius…

Seanic field tests torque tool

Jun 05, 2015

Seanic Ocean Systems has successfully field tested its electric torque tool. The client, a major oil company in the Norwegian sector of the North Sea, has reported highly accurate performance of the torque tool and innovative design features over the course of several jobs…

NorSea beefs up senior team

Jun 05, 2015

NorSea Group (UK) has established a new executive team to lead the company’s growth in Scotland. Walter Robertson has been appointed managing director while Mike Munro becomes the company’s first operations director.  Walter has 30…

Erskine offers Serica new opportunity

Jun 05, 2015

Chevron's Erskine field has restarted production after being shut-in since September last year while a major upgrade was carried out on BG Group's Lomond facility, which it exports production through. Before the shut-down, the field was producing about a quarter of what is able to…

Shell-Todd JV eye New Zealand drilling

Jun 05, 2015

Shell Todd Oil Services (STOS) is a step closer to its latest drilling program on the Māui field offshore New Zealand.  New Zealand's Environmental Protection Authority (EPA) has given a 35-year marine consent to the company, a joint venture between Shell and Todd Petroleum Mining…

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