Neftegaz America Shelf LP (Neftegaz), an indirect independent subsidiary of Rosneft, acquires 30 percent interest in 20 deepwater exploration blocks in the Gulf of Mexico held by ExxonMobil, under an agreement signed by the two companies. Rosneft President Igor I…
Just as CNOOC’s Fanrong Li’s luncheon keynote speech came across as defensive, Canada’s Minister of Natural Resources Joe Oliver followed a similar trail in his address at IHS CERAWeek on Wednesday. Oliver passionately made the case for his country’s oil sands…
Energy executives celebrated the oil and gas industry’s trend upward at IHS CERAWeek’s 32nd annual conference in Houston.Saudi Aramco CEO Khalid Al-Falih speaks at IHS CERAWeek on Tuesday 5 March (Photo: Audrey Leon/OEDigital)“Exaggerated…
US President Barack Obama announced on Monday that he will nominate Ernest Moniz and Gina McCarthy to fill vacancies at the Department of Energy and the Environmental Protection Agency, respectively. Obama nominated Ernest Moniz to US Department…
Well control operations at Apache's Main Pass 295 in the Gulf of Mexico concluded on 28 February 2013, the company announced.Apache planned to move Rowan's Cecil Provine drilling rig to Main Pass 295 for a possible relief well (Image: Rowan)Apache…
2H Offshore Inc., an Acteon company, has recently been awarded a Steel Catenary Riser (SCR) detailed design project with LLOG Exploration. The SCRs will be the first attached to the Exmar OPTI-11000 semi-submersible.Delta House Model (Image…
Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced an agreement with EDF Trading and Exmar NV to support their collective endeavors to pursue LNG export opportunities in North America using offshore, barge…
Royal Dutch Shell plc announced it will pause its exploration drilling activity for 2013 in Alaska’s Beaufort and Chukchi Seas to prepare equipment and plans for a resumption of activity at a later stage. “We’ve made progress in Alaska…
BP named Janet Weiss Regional President of its Alaskan branch, effective 15 February 2013.Janet Weiss (Photo: BP)Weiss succeeded John Mingé, who now serves as Chairman and President of BP America Inc. after heading up BP’s Alaska business since January 1…
OMK invests in US OCTG market.Russia-based OMK (United Metallurgical Company) held a ribbon-cutting ceremony to open its new pipe-manufacturing facility in northeast Houston. The US$100 million investment was made in response to rising demand for oil country tubular goods (OCTG)…
Bremerhaven, 15 February 2013. Current measurements of the ESA ice thickness satellite CryoSat-2 have shown that the total mass of the Arctic sea ice was 36% smaller last autumn than during the same period in the years 2003 to 2008. Five years ago…
Anadarko Petroleum CorporationAnadarko Petroleum Corp. announced details of its 2013 capital program and guidance, and provided additional information regarding its significant U.S. onshore growth opportunities, deepwater and international mega projects and industry-leading exploration program…
Apache shifts Cecil Provine rig to location Apache to move Rowan's Cecil Provine drilling rig to location for possible relief well (Image: Rowan)Apache evacuated 15 workers after experiencing a kick from an abnormally pressured gas zone…
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…
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…