The Society of Petroleum Engineers Aberdeen's Young Professional Committee has launched an online survey to gather the opinions of students, graduates and young professionals about their preconceived ideas about the industry. The results…
Wärtsilä's board of directors appointed Jaakko Eskola as the new president and CEO of Wärtsilä Corp. effective 1 November 2015. Eskola will succeed Björn Rosengren, who will become the CEO of Sandvik, a global engineering group based in Sweden…
The Center for Biological Diversity formally and legally petitioned the US federal government to inspect all of California’s offshore pipelines for corrosion and other damages. Image from APPEA…
Schlumberger has expanded its Gulf of Mexico multiclient wide-azimuth seismic data portfolio by launching a new survey in the Campeche Basin. The acquisition of the industry’s first multiclient wide-azimuth survey offshore Mexico will cover 80…
Houston-based Oceaneering International is diving further into the subsea sector with the acquisition of a minority interest in the UK’s Viper Subsea Technology. Image from Oceaneering. The deal…
A Russian offshore gas and condensate field in the Sea of Okhotsk has been added to a US-sanctions list prompted by Russia's actions in Ukraine. The Yuzhno-Kirinskoye field, 35km northeast of Sakhalin Island and 6km southeast of the Kirinskoye field…
Iran said it is ready to negotiate with Japan over the return of the country’s enterprises to its oil projects as well as its upstream industries. Iran’s Oil Minister Bijan Zangeneh told reporters after a meeting with a visiting Japanese…
Denmark's Maersk Drilling has been awarded a new contract for the jackup rig Mærsk Giant with Danish energy utility DONG Energy. The firm contract covers 150 days of work on the Nini and Siri field in the Danish part of the North Sea…
After almost eight decades of Pemex monopoly, the Mexican energy sector is entering a new era of foreign oil company participation. A decade of steady decline in domestic oil and gas production has incentivized the Mexican government…
Falklands and Mediterranean-focused explorer Rockhopper Exploration has taken a step forward in its plans to develop an offshore Italy oil field. The firm's Ombrina Mare field environmental impact assessment has been approved by Italy's…
Okeanus Science and Technology has announced the acquisition of a suite of deepwater lights, lasers and high-definition cameras to its portfolio of rental equipment. Capturing subsea applications requires powerful underwater lights, video and still cameras…
In 2H 2015, Fugro’s revenue increased by 4.3%, however, the Netherlands-based company will cut an additional 200 jobs from its workforce by the end of the year. Image from Fugro. Total revenue for 2H 2015 came in at about US$1…
DOF Subsea North America has been awarded an inspection, maintenance, and repair (IMR) contract with Freeport McMoran for a period of six months firm. The operations will commence immediately and the vessel Harvey Deep Sea will be utilized under the contract…
Sound Oil, the Mediterranean focused upstream gas company, announces that it is to change its registered name to 'Sound Energy plc.' Following the company's increasing gas focus and expected first production from its Nervesa field in 2015…
Industrial technology specialist Tracerco launched the Observa radiation area monitoring system that measures radiation dose rates and helps ensure radiation safety and source security. With more than 50 years experience in producing industry-leading detection…