The oil industry was only just coming to terms with Halliburton's offer for Baker Hughes when Technip revealed it had made an offer, albeit rebuffed, for CGG yesterday (20 November). Colin Welsh, CEO at energy corporate advisory firm Simmons & Company…
With nearly 40% of today’s oil production coming from mature fields and this figure set to rise according to the Wood Report, maximizing recovery is high on the agenda of oil and gas operators. There is a significant portion of brown…
QinetiQ has acquired the seismic processing and imaging capability of SR2020 Inc. for up to US$1.7 million. The deal, completed yesterday (20 November), will accelerate the development of QinetiQ subsidiary OptaSense by providing it with…
Salamander Energy and Ophir Energy have agreed the proposed terms of a deal which would see Ophir takeover Salamander. The two companies say that the move had “compelling strategic logic,” including a strong balance sheet, enhanced operating…
Norway-based subsea contractor Ocean Installer has been awarded a contract for an umbilical installation project with Oceaneering for LLOG on the Delta House project in the Mississippi Canyon Area of the US Gulf of Mexico. The project…
Technip has been awarded a contract for the ongoing development of the Iracema North field, in the Santos Basin pre-salt area, Brazil. The contract, awarded by Tupi BV, a consortium controlled by Petrobras Netherland BV (PNBV, 65%), with partners BG (25%) and Galp (10%)…
One person is dead and three are injured after an explosion at Fieldwood Energy's Echo Platform at West Delta 105 in the US Gulf of Mexico. The Bureau of Safety and Environmental Enforcement (BSEE) said it is currently responding to the incident in cooperation with the US Coast Guard…
Logan Oil Tools, a wholly owned subsidiary of Logan International, has purchased certain assets from Smith International. The assets include inventory, the rights to manufacture and sell HE fishing tools and certain intellectual property…
Dr. Helmut Sohmen has announced his retirement, effective 20 November 2014, as Chairman of the Board of BW Offshore Ltd., which owns and operates floating production systems worldwide. He has served as Chair since 2005. Andreas Sohmen…
Alan Semple, Wood Group chief financial officer (CFO) intends to retire and step down from his current role and from the board at the company's annual general meeting in May 2015. David Kemp will succeed Semple…
Georgia-Pacific Chemicals introduces the new XPLOR line of dry emulsifiers that combine performance with operational benefits in terms of efficiency and total use costs. Image of XPLOR. From Georgia-Pacific Chemicals…
Shell and Petronas Carigali and moving forward in the E6 field development offshore Sarawak, Malaysia after making a final investment decision (FID). Shell's Malaysian offshore platform. From Shell. E6…
Walter Simpson joins Drillsearch Energy Ltd. as chief operating officer. Image of Brad Lingo, Drillsearch managing director. From Drillsearch. The most recent role in Simpson’s 30-year career…
The Santos Gladstone liquefied natural gas (GLNG) project is moving closer to completion with the award of another contract. The Santos GLNG joint venture awarded WDS Ltd. a construction contract for the Roma West Phase 2 of the Santos GLNG project in Queensland…
SeaBird Exploration Plc received a letter of award (LOA) from TGS-NOPEC Geophysical Co. (TGS) to acquire up to 300,000km of 2D seismic data offshore Mexico and in the US Atlantic. The survey will cover a minimum of 150,000km and up to 300…