Two Houston-based companies, Gibson Applied Technology & Engineering (GATE Energy) and Helix Energy Solutions robotics subsidiary Canyon Offshore signed a memorandum of understanding to jointly offer subsea blockage prevention, detection…
Cantium has taken over US supermajor Chevron’s Bay Marchand and Main Pass assets in the Gulf of Mexico. The takeover includes five fields located on the Gulf of Mexico’s Outer Continental Shelf (OCS) and in Louisiana state waters…
Otto Energy has farmed into the South Timbalier 224 (ST 224) lease, taking 25% stake in the Gulf of Mexico, with drilling expected to start later this year, and first production set for the end of 2018. Map of SM 71 (left) and ST 224 (right)…
AFGlobal has acquired Advanced Measurement (AMI), a provider of automation, controls and data management systems. AFGlobal says this acquisition enhances the company’s current upstream drilling, completion and production smart technology…
Canadian company SNC-Lavalin Group has completed its acquisition of the UK’s WS Atkins. WS Atkins is a consultant company in design, engineering and project management, with a leadership position across the infrastructure, transportation and energy sectors…
Sheffield Forgemasters' offshore oil and gas specialist, Vulcan SFM, secured a US$7.1 million (5.5 million GBP) contract with Samsung Heavy Industries (SHI) to supply 73 steel castings ranging from 0.5-tonne to 19.5-tonne, for a semisubmersible oil platform…
GE Oil & Gas and Baker Hughes today (3 July) completed their planned merger, which will create an entity that offers GE’s digital solutions and Baker Hughes domain expertise as oilfield services provider. Source…
Audrey Leon discusses the next game-changing intervention technologies with OE’s Deepwater Intervention Forum advisory board members ahead of this year’s show. Onboard the Well Enhancer looking…
While significant costs have been stripped out of the oil and gas industry, shale is fighting back. And, if the subsea industry is to survive, it will need more than just reduced costs, industry executives told the Underwater Technology Conference (UTC) in Bergen…
Elaine Maslin surveys a variety of floating offshore wind projects due onstream in the near future. Statoil’s Hywind project. Image from Statoil. This year, floating offshore…
HWCG’s David Coatney stresses the importance of developing comprehensive response plans to prevent deepwater blowouts. Photo from HWCG. To respond to future offshore deepwater drilling incidents…
While offshore wind has taken off rather successfully in Europe – the US offshore wind industry has some way to go. Karen Boman reports on how existing offshore oil and gas technologies can be applied on offshore wind projects in the states…
Karen Boman charts Chevron’s success at its large Jack/St. Malo development in the deepwater Gulf of Mexico, a project that was sanctioned just prior to the downturn. McDermott’s North Ocean 102 at work…
Baker Hughes stockholders voted 99% to approve its merger with GE Oil & Gas, the company announced today (30 June). The company says that shares voted at the meeting represent approximately 86% of Baker Hughes' shares outstanding as of the record date for the meeting…
The U.S. Department of Interior (DOI) is taking its first step in fulfilling the Trump administration’s pledge to expand Outer Continental Shelf (OCS) oil and gas leasing opportunities by submitting a request for information (RFI) to create a new 2017-2022 offshore lease plan…