Mexico’s National Hydrocarbons Commission (CNH) opened the first public tender process early this morning (15 July) in the country's historic and disappointing Round One that offered Mexico's upstream opportunities to international companies for the first time in decades…
Dutch offshore contractor Heerema Marine Contractors (HMC) sealed its deal with Jurong Shipyard to build its new mega-heavy lift crane vessel. HMC had already signed a letter of intent with the Sembcorp Marine subsidiary. Today's engineering and construction contract…
Wintershall's Zeppelin exploration well offshore Norway has been classified as dry. The well, 10/4-1, in production license 734, was drilled about 35km southeast of the Yme field in the North Sea using the Borgland Dolphin semisubmersible drilling rig in 98m water depth…
Ensco's Executive Vice President and CFO Jay Swent will be retiring after more than 11 years of service. Swent will continue to serve in his current role until the succession process has been completed and a new CFO has been named. The completion of the succession process may extend into 1H 2016…
The Center for Offshore Safety (COS) announced that Schlumberger is the first service/supply contractor to achieve the voluntary COS member certification of its safety and environmental management systems (SEMS). SEMS, which focuses on establishing…
Freeport-McMoRan has appointed Doss R. Bourgeois president and COO for Freeport-McMoRan Oil & Gas. Bourgeois has been a major part of the success of Freeport-McMoRan Oil & Gas and its predecessor companies. The company said that Bourgeois'…
Permasense has opened an Aberdeen office to demonstrate its commitment to upstream clients. This follows the recent launch of ET210 – Permasense’s product for the real-time monitoring of corrosion and erosion at upstream oil and gas assets…
Today’s low oil prices and looming debt loads are not the only challenges to upstream offshore oil and gas companies and their vendors. But as if those weren’t enough, owners and operators must also be focused on the insidious threat of cyber attacks…
On 8 July 2015, the general secretary of Vietnam’s communist party, Nguyen Phu Trong, witnessed the signing of important cooperation documents between enterprises of Vietnam and the US at the US Chamber of Commerce. Nguyen Xuan Son, chairman…
Sanctions on Iran’s oil production look set to be lifted after the country and six world powers finally reached a deal over the country’s nuclear program. The agreement, reached after two years of discussions, following a 12-year stand…
Driven by the rapid expansion of shale oil and gas drilling, and production in North America, the world market for oil field specialty chemicals at the service company level reached US$25 billion in 2014, up from nearly $16 billion in 2010…
Engineering firm Plexus' Asian joint venture with Integrated Petroleum Services, Plexus Products, has secured a PETRONAS license to manufacture and supply Plexus’ POS-GRIP wellhead equipment in Malaysia. Plexus believes that with the PETRONAS license secured…
Fugro delivered a bespoke structural monitoring system for Exxon Neftegas, as operator for, and on behalf of, the Sakhalin-1 consortium, to monitor the structural integrity of its Berkut oil platform in the Arkutun Dagi field. Located…
MX Oil agreed to invest in an indirect, non-operated 5% revenue interest in the OML 113 license, offshore Nigeria, which includes the Aje field, a substantial development stage project with proven, flow tested discoveries where production is expected by January 2016…
Chukar Waterjet, a manufacturer of deepwater subsea ultra-high pressure (UHP) waterjet technology, introduces its new SUB-JET 3000 subsea waterjet system for work class ROVs. Operable at depths up to 3000m (10,000ft), the SUB-JET 3000 cuts steel up to 250mm thick and blasts away coatings…