Seamless pipe mill is Tenaris’ first in US Texas Gov. Rick Perry speaks at an event announcing a new seamless pipe mill in Bay City, Texas (Image: Tenaris)Tenaris will build a US$1.5 billion seamless pipe mill in Bay City, Texas, the company…
Italian major, Eni S.p.A., announced results for fourth-quarter and full-year 2012 on Friday, 15 Feb 2013. Operational highlights include: Record amount of discovered resources in the year: 3.64 bboe; Proved reserves at eight-year record: 7…
Oceaneering International, Inc. reported record fourth-quarter and annual earnings for the periods ended December 31, 2012.For the 4Q 2012, Oceaneering earned net income of $80.6 million, or $0.74 per share, on revenue of $780.9 million. During the corresponding period in 2011…
Paul Dickerson sits down with Brion Palmer, President and Publisher of Offshore Engineer, the company providing information to the global offshore industry since 1975, today through Offshore Engineer Magazine, multiple websites, and through numerous annual events.
Hyperdynamics cheered by updated Guinea studyMap of Guinea (Image: Dana Petroleum)Netherland, Sewell & Associates, Inc. (NSAI), completed an updated resource evaluation study for Houston-based Hyperdynamics Corp.'s oil and gas concession off the Republic of Guinea…
On 7 December 2012, the Government of Malta awarded three offshore blocks totaling 6,400sq km to Capricorn Malta, a subsidiary of Edinburgh-based Cairn Energy. Cairn CEO Simon Thomson, who succeeded Sir Bill Gammell as chief executive in July 2011…
Oceaneering to provide 3 BOP control systems Multiplex Control Pod (Image: Oceaneering) Oceaneering International, Inc. secured contracts with a subsidiary of Transocean Ltd. to provide three subsea blowout preventer (BOP) control systems…
Reidar Hustoft named Norway managing directorReidar Hustoft named managing director of Dana's Norwegian activities (Image: Dana Petroleum)Aberdeen-based Dana Petroleum appointed a new managing director for its Norwegian activities. Reidar…
Cotemar Group extends contracts for Prosafe semisubs at Cantarell fieldProsafe's Jasminia accomodation semisub accommodates 535 personnel (Image: Prosafe SE)Mexico’s Cotemar Group, a private company headquartered in San Pedro Garza García…
Rosneft pact grants Exxon 7 Arctic Sea blocksExxonMobil President Stephen Greenlee and Rosneft President Igor Sechin sign expanded cooperation agreementExxonMobil significantly boosted its presence in the Russian Arctic with new agreements with Russian partner Rosneft…
Archer to provide P&A services for Statoil Image: ArcherArcher Ltd., a global oilfield service provider headquartered in Bermuda, has secured a contract with Statoil for the permanent plugging and abandonment of 12 gas wells on the…
QCLNG modules arriving New onshore field discoveries rich in natural gas and condensate in the Australasian region are giving rise to increased investment in liquefied natural gas (LNG) facilities. This new construction will address the…
Seadrill will manage tender rigs outside Asia West Vencedor (Photo: Seadrill)Norway's Seadrill Ltd. completed the sale of its tender rig business to Malaysia's SapuraKencana Petroleum Bhd. for $2.9 billion, the company confirmed on 11 February 2013…
Subsea Technologies wins new enterprise award(Image: Subsea Technologies Ltd.)Well intervention specialist Subsea Technologies Ltd. (STL) was named the winner of the ‘New Enterprise’ category at the prestigious Subsea 2013 Industry Awards…
Panoro's DTM sidetrack encounters 20m oil pay Image: PanoroPanoro Energy ASA is pleased to announce an update to its drilling operations in the Dussafu Tortue Marin-1 (DTM-1) well drilled in the Dussafu Marin PSC, offshore Gabon, West Africa…