A decision by the US Bureau of Ocean Energy Management (BOEM) to deny six pending geophysical and geological (G&G) permit applications for airgun seismic surveys in the Mid- and South Atlantic Planning Areas of the Atlantic Ocean has caused uproar in the industry…
Houston’s Dril-Quip has signed an agreement acquired OilPatch Technologies (OPT) in a US$20 million cash deal. Founded in 1990 and based in Houston, OPT is a provider of offshore riser systems and components, proprietary threaded connections and other products…
Houston-headquartered W&T Offshore is looking to make its US Gulf of Mexico Mahogany field the cornerstone of its 2017 investment program after hitting oil across five zones in a new appraisal well. The Mahogany field, discovered in 1993…
GustoMSC has appointed Alberto Morandi to the position of general manager of GustoMSC’s office in Houston. He will be responsible for running the office and will act as point of contact for GustoMSC’s US clients. GustoMSC’s US office represents the company’s design solutions…
An investigation has been launched into a fire that broke out on an oil production platform in the US Gulf of Mexico yesterday. Image from the USCG Twitter. The fire was on Renaissance…
Samsung Heavy Industries (SHI) has won the first offshore drilling project for Korean shipbuilders in 18 months, with an order for BP's Mad Dog II project in the US Gulf of Mexico. The US$1.27 billion order is for a floating production unit (FPU) weighing 58…
The American Petroleum Institute’s (API) 2017 State of American Energy report made a clear statement: energy is everything. Image of Gerard, from API. API President and CEO Jack…
LQT Industries, a service provider and construction company, has been awarded five insulation projects in the Gulf of Mexico (GoM) from major oil and gas companies. These projects consist of the execution of projects on offshore platforms…
Houston’s Cobalt International Energy encountered “encouraging” results at its North Platte #4 appraisal well in the deepwater Gulf of Mexico, and is preparing for a geologic sidetrack for further analyzation. Image of the Rowan Reliance…
ExxonMobil and Rex W. Tillerson will cut all ties to comply with conflict-of-interest requirements associated with Tillerson’s recent nomination to lead the US State Department. Image of Tillerson…
Vaalco Energy has appointed Cary Bounds as its new chief executive officer (CEO) and board member of the company effective 29 December 2016. Bounds has been serving as the chief operating officer (COO) for Vaalco for the past 18 months and as the interim CEO for the past five months…
Norwegian oil firm Statoil has set out its plans to drill around 30 exploration wells, in up to 11 countries on five continents, as operator and partner, in 2017 - an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS)…
The past year has undoubtedly been one of the toughest for the oil and gas industry in recent memory. As we enter 2017, we consider three key themes that could shape the industry over the year ahead. A North America-led oilfield services…
Hess is dedicated to bringing its Stampede project online on-time and on-budget, with safety being the key to success. Jerry Lee dives into the finer details of the project, slated for 2018. In September 2016…
Unmanned autonomous systems and the internet of things are two phrases that are bandied about a lot. But, it’s not so often that they have come together and within the marine environment in a project involving offshore industry players – albeit those who also have a foot in the defense sector…