Russian oil giant Rosneft has signed a cooperation agreement with Japan's Inpex Corporation to jointly explore two blocks in Russia's Sea of Okhotsk. The agreement, signed by Igor Sechin, Rosneft president and chairman, and Toshiaki Kitamura…
Just under two and a half years after coming off station in a storm, Maersk Oil's Gryphon Alpha FPSO has been brought back on production. The vessel, stationed about 280km north east of Aberdeen in the North Sea, has undergone a major overhaul in dry dock…
UK oil and gas exploration firm EnQuest is to become a North African player after farming in to fields in the Gulf of Gabes offshore Tunisia. The move involves EnQuest taking a 70% stake and operatorship of the Didon and Zarat fields from Swedish oil and gas company PA Resources…
Gay Huey Evans joins ConocoPhillips as the company’s new outside director, increasing its board of directors to 11. Huey Evans previously served as vice chairman of the board and non-executive chairman, Europe, of the International Swaps and Derivatives Association…
Scottish oilfield services provider Glacier Energy Services installed Mark Derry as head of its newly created offshore division. Derry joins the group from Ashtead Technology where he was COO of its offshore brand. He previously held positions with SBS Marine…
Wärtsilä announced it has selected Marco Wirén to serve as its CFO and executive vice president, effective August 2013. Wirén will replace Raimo Lind, who is retiring. Wirén currently serves as executive vice president and CFO of Swedish steel manufacturing firm SSAB…
Aberdeen-based Dana Petroleum named Reidar Hustoft its new managing director for Norway, effective February 1, replacing outgoing MD John M. Dahlen. Hustoft, who has 30 years experience in the North Sea, previously served as head of Dana’s Netherlands business…
Fugro Chance, Inc. entered a two-year cooperation agreement with Coda Octopus Group Inc. involving the use of the company’s Coda Octopus Echoscope, a patented 3D sonar technology. The deal grants CODA the ability to apply the Echoscope in a variety of environments…
Houston-based Seahorse Platform Partners Ltd. Granted UK-based Sembmarine SLP Ltd., a subsidiary of Sembcorp Marine, an exclusive license to use its SeaHarvester and SeaHorse technology in the design and construction of minimum facilities platforms in the UK’s territorial waters…
Engineering company Alderley FZE, part of the Alderley Group, opened a new office building in Jebel Ali Free Zone, Dubai, as part of its facilities and production expansion. The 1300sq m, two-story office building includes dedicated training facilities…
Oilfield services company Expro opened a new well intervention facility in Aberdeen. The facility will house approximately 200 employees. Combined with renovations planned for the Bruce building, the Carnegie and Young facilities in Dyce represent a US$7…
Aberdeen-based independent Ithaca Energy moved to acquire fellow UK explorer Valiant Petroleum for US$309 million in early March. Ithaca says the movewould establish itself as a leading mid-size North Sea oil and gas operator with 2P reserves of approximately 74MMboe…
Ivanhoe Energy and SBM Offshore formed a global strategic alliance to create floating, production, upgrading, storage and offloading vessels (FPUSO). The design, the companies say, will economically produce and upgrade heavy oil from…
Houston-based Black Elk Energy and Oilfield Helping Hands organized a fundraiser for six families affected by the accident at the company’s West Delta 32 platform last November. The sporting event, held in Maurice, Louisiana, raised US $130…
Innovation in the offshore industry was one of the key themes at this year’s 27th Offshore Achievement Awards. The event, supported by Offshore Engineer and held at the Aberdeen Exhibition & Conference Centre, was successfully re-launched…