Wood Group acquired BETA Machinery Analysis (BETA), a Calgary-based engineering consultancy specializing in advanced vibration analysis in a deal valued at US$14.3 million. BETA’s expertise in advanced vibration, pulsation stress…
Husky Energy started production from the South White Rose project in the Jeanne d'Arc basin offshore Newfoundland and Labrador. The first well has been brought online and the second well is scheduled to start up in late summer. Net peak…
Fugro’s multi-purpose drilling, well intervention and geotechnical vessel, Fugro Synergy, is proving her capabilities on a multi-well intervention campaign which recently started in the Gulf of Mexico. The campaign involves utilization of a top-tensioned 6…
The US Supreme Court rejected BP and Anadarko Petroleum’s appeal relating to billions of dollars owed from Clean Water Act fines for 2010’s Deepwater Horizon spill, according to news reports. Image from USCG…
Fossil Oil is planning a new drilling project named Fossil-North Eagle Bay Offshore JV – I – 2015 offshore Texas. The project involves directionally drilling a lower risk offshore prospect in 12ft of water to a depth of 14,800ft to potentially…
Umbilicals International (UI), part of the Seanamic Group, has invested over US$2 million in new cable manufacturing lines at its Houston production facility. The two lines will streamline cable production, and marks a significant expansion…
Anadarko's Heidelberg truss spar has set sail from Ingleside, Texas, to its future home at Green Canyon block 859 in the US Gulf of Mexico. The journey is some 390mi off the Texas coast. The US independent confirmed the news via Facebook on Tuesday…
Houston-based Freeport-McMoRan Oil & Gas (FM O&G) will be the first US oil producer to launch an initial public offering (IPO) in 2015. The company filed a registration statement on Form S-1 with the US Securities and Exchange Commission…
A fire aboard Petróleos Mexicanos’ (Pemex) unmanned Akal-H platform was quickly put out on Monday (22 June) in the Bay of Campeche. The Akal-H platform. From Pemex Flickr. Four…
Vallourec, provider of premium tubular solutions primarily serving the energy markets, announced several key appointments in its North America region. William Gamisans has been appointed managing director for Vallourec Tube-Alloy worldwide effective 1 August 2015…
As expected, Hercules Offshore Inc. plans to file for Chapter 11 bankruptcy protection next month as a final solution to its US$1.2 billion debt woes. The firm is one of the first to crash and burn as a result of insufficient cash flow due…
Louisiana-based LLOG Exploration Offshore (LLOG) awarded Houston-based McDermott International a lump sum contract to support LLOG’s Otis development located in the Gulf of Mexico. LV 105. From McDermott…
Exxon Mobil’s shareholders elected Doug Oberhelman to its board of directors. Oberhelman is also chairman of the board of directors and chief executive of Caterpillar Inc. With the election of Oberhelman, the ExxonMobil board stands at 12 directors…
The Bureau of Ocean Energy Management (BOEM) completed its required evaluation of bids to ensure that the public receives fair market value for tracts leased as part of the Gulf of Mexico Central Planning Area Oil and Gas Lease Sale 235.…
Kongsberg Maritime’s training center in Houston, Texas has become the first maritime training facility in North America to offer the Nautical Institute-accredited Sea Time Reduction Course for dynamic positioning operators (DPO). Kongsberg…