IHS and Markit has announced the signing of a definitive agreement under which the companies will combine in an all-share merger of equals. Based on the closing prices of IHS and Markit common stock on 18 March 2016, the implied equity value of the transaction is more than US$13 billion…
Aquatic Engineering & Construction has expanded its team based in Houston. Bob Terrell joined Aquatic last month as regional manager, while Andrew Blaquiere has moved permanently from the Acteon group to Aquatic as proposals and project engineer…
Byron Energy has started drilling a sidetrack well to the SM 6#2 well in the Gulf of Mexico, after a drill pipe became stuck with several unsuccessful attempts over a three-day period to free it, according to partner Otto Energy. Map…
Antelope Oil Tool (AOT), a manufacturer and supplier of casing and cementation equipment, has successfully run their CentraMax RT1 centralizer in ultra-deepwater Gulf of Mexico, in a deviated and under-reamed wellbore. A customer faced…
Offshore accommodation and workspace specialist HB Rentals was granted an ABS Certification of Design Assessment for its high demand 11ft by 32ft– eight-man sleeper – accommodation module. This achievement now sees this latest generation…
As part of the Obama Administration’s on-going commitment to a cleaner, more secure energy future, Janice Schneider, assistant secretary, Land and Minerals Management and Abigail Ross Hopper, director of the Bureau of Ocean Energy Management (BOEM)…
Blackhawk Specialty Tools expanded its international operations in Mexico with the opening of a new subsidiary and operating facility in Villahermosa, Mexico. The new facility will located at Cardenas S/N KM 8 R/A. Anacleto Canabal 2da…
The Obama Administration has decided to rescind a proposal to drill off the US Atlantic Coast in 13 areas, due to current market dynamics, strong local opposition, and conflicts with competing commercial and military ocean uses, the US Department of the Interior (DOI) said today (15 March)…
XACT Downhole Telemetry deployed six deepwater Gulf of Mexico (GoM) deployments that provided real-time downhole data during a deepwater completion installation with BP. BP successfully accessed real-time downhole data throughout the well’s completion…
Transocean will lay off about 80 jobs that were part of the Transocean Discoverer Americas ultra deepwater unit, which Statoil canceled in December. The Discoverer Americas, from Transocean. The 70-80 lay offs…
Production continues as the Bureau of Safety and Environmental Enforcement (BSEE) responds to a fatality at the Whistler Energy II Platform A, in the Gulf of Mexico. The GC 18 platform. Image from Epic…
Williams Partners reached an agreement with Shell Offshore and Nexen Petroleum Offshore to provide deepwater gas gathering services to the Appomattox development, in the Gulf of Mexico. Appomattox is located 80mi offshore from the nearest shoreline in Louisiana…
Anadarko Petroleum has cut some1000 jobs from its workforce, as the company braces itself for its proposed budget cut of nearly 50%, to stay afloat during the downturn hitting the entire oil and gas industry. Anadarko CEO Al Walker…
Baker Hughes has enrolled in the new Regional Operational Integrity Program (ROIP) for the petroleum and natural gas industry to receive Gold Recognition for its Gulf of Mexico (GoM) Center of Excellence from the Wollam Petroleum Advisory Group (WPAG)…
US supermajor Chevron is set to shave its budget by as much as 36% by next year, as the company approaches the finish line for global construction projects, and sets its sights on increasing production. Jack/St…