South Korea's Hyundai Heavy Industries awarded Finland's Wärtsilä a design contract for Subsea 7's new large heavy construction vessel (HCV). Wärtsilä will employ its VS 4285 HCV design for the newbuild, which the company says is capable of operating in deep…
Forum Energy Technologies, Inc. and Quantum Energy Partners have entered into a definitive agreement to jointly acquire Dayton, Texas based Global Tubing from ARC Financial Corp., a Calgary-based private equity firm, and a group of investors…
GDF Suez E&P UK Ltd. (GDF) has awarded a £1.4 million (US$ 2.17 million) joint study to Xodus Group and Atkins for Concept Select work in the Austen (formerly Jacqui) field in the Central North Sea, with an option to proceed into the Concept Definition phase…
Christophe Barnini has been appointed as Senior Vice President, group communications for CGG. Barnini will report to Jean-Georges Malcor, CEO of CGG, and has become a permanent member of CGG’s management committee. This appointment took effect on 15th May 2013…
GE Oil & Gas and Pemex Exploration and Production have signed an US$84 million agreement for the supply and installation of subsea wellheads for Pemex’s deepwater and ultra-deepwater drilling projects in the Gulf of Mexico. The agreement…
Off the coast of Summerland, California, they didn’t drill the first-ever offshore oil well. They hammered it. “Engineers” used a pile driver to pound a pipe 455ft into the seabed in about 30ft of water. Yield was moderate; the site shut down after several years…
FMC Technologies, Inc. received an order from Shell for subsea equipment for its portfolio of projects in the Gulf of Mexico. The scope includes the supply of 12 enhanced vertical deepwater trees and controls. 'FMC Technologies has been…
Bruce A. McCullough was selected to succeed Thomas K. Sneed (pictured) as VP and CIO of Marathon Oil, beginning June 17, 2013. McCullough joins Marathon Oil from Anadarko Petroleum Corp. where he is currently the director of Global Business Systems…
Chevron Corporation announced Jeff Shellebarger as the new president of Chevron North America Exploration and Production Company, beginning August 1, 2013. Shellebarger will succeed Gary Luquette, who will retire after working with the company for 35 years…
Statoil announced it will delay an investment decision on its Johan Castberg project in the Norwegian Barents Sea due to unease regarding recent move by the Norwegian government to increase taxes on oil and gas producers. In addition to the tax rise…
ExxonMobil handed Technip a contract for the development of the Julia field, a US$4 billion project Exxon and partner Statoil announced last month. The contract covers the project management, engineering, fabrication, installation and pre-commissioning of more than 48 km of 10…
GE’s Power Conversion business was awarded a contract by the Eastern Shipbuilding Group in Panama City, Fl. The contract entails GE supplying integrated diesel-electric power, propulsion and vessel control systems for two multipurpose supply vessels (MPSVs) with installed horsepower of 12…
International energy consultancy Xodus Group has secured two contracts from Abu Dhabi-based Valentine Maritime (Gulf) L.L.C. The first is for the design of new subsea pipelines in the Arabian Gulf. This will be the Xodus Group’s first subsea project from its rapidly growing team in Dubai…
Anadarko Petroleum chose FMC Technologies to provide subsea equipment for the Heidelberg field, FMC announced on 4 June 2013. The scope of FMC Technologies' contract includes the supply includes five enhanced horizontal subsea trees, tree mounted controls…
Keppel Offshore & Marine Ltd (Keppel O&M) through its subsidiaries Caspian Rigbuilders BV (an affiliated company of Keppel FELS) and Caspian Shipyard Company (CSC), has secured a contract from Caspian Drilling Co. Ltd., a subsidiary of the State Oil Company of Azerbaijan Republic (SOCAR)…