The US Department of Justice (DOJ) has cleared the proposed multi-billion dollar merger between Schlumberger and Cameron International without any conditions, both companies announced in a joint statement on Wednesday (18 November). The…
Cumulative offshore wind capacity is forecast to reach 74GW, driven by a large number of developments taking place in the UK, Germany and China and strengthened by the growth of new entrants to the offshore wind sector, such as France and the US…
Mexican Secretary of Energy Pedro Joaquín Coldwell presented International Energy Agency (IEA) executive director Fatih Birol with an official letter declaring Mexico’s interest in becoming an IEA member. Image of Birol…
Ben Lake, of Weatherford, discusses how rigorous testing and validation are essential for ensuring safety valve reliability and performance. As the last line of defense in protecting life, property, and the environment, subsurface safety…
Schlumberger is at it again with another acquisition, this time of US-based Fluid Inclusion Technologies (FIT), which specializes in laboratory analysis of trapped fluids in rock material, and advanced borehole gas analysis on drilling wells…
First oil at Shell’s Stones project in the Gulf of Mexico is on the horizon, as the Turritella floating production storage and offloading unit (FPSO) set sail from Singapore this month. The Turritella…
Airborne Oil & Gas will supply non-collapsible flexible jumpers to Wild Well Control for the deepest riser less plug and abandonment in the Gulf of Mexico Wild Well Control awarded Airborne Oil & Gas (AOG) a contract for the supply of two flexible TCP Jumpers…
Several oil and gas majors put in their bids worth more than US$907 million ($1.2 million CAD) for a chance to explore about 2.6 million hectares of the Canada-Newfoundland and Labrador offshore area, according to the Canada-Newfoundland and Labrador Offshore Petroleum Board (C-NLOPB)…
Weatherford Secure Drilling Services and Maersk Training have entered a strategic partnership to enhance scenario-based training and competency for critical wells. The training will provide Weatherford, operator and rig-crew personnel with…
TGS completed the fifth consecutive acquisition season offshore Newfoundland Labrador in partnership with PGS. The successful 2015 season was the biggest yet with the acquisition of over 27,000km of 2D multi-client seismic data and two multi-client 3D surveys…
The Canada-Nova Scotia Offshore Petroleum Board received successful bids from Statoil Canada to invest nearly US$61.7 million (CAD $82 million) to explore two properties, which were part of the board's 2015 call for bids. 'We are thrilled…
Atwood Oceanics has announced two contract activities in the Gulf of Mexico (GoM) and offshore Brazil. The Atwood Advantage. From Atwood Oceanics. An Atwood Oceanics subsidiary…
Houston-based Anadarko Petroleum revealed today (11 November) that it was the rejected party in the rumored acquisition of US-based Apache, which consisted of an all-stock transaction offer. Image from Anadarko…
Atwood Oceanics announced that one of its subsidiaries agreed to an extension and rate adjustment to its existing contract with Noble Energy for the ultra deepwater rig, the Atwood Advantage, effective 9 November, 2015. The agreement…
Houston headquartered Marathon Oil has agreed to sell all its operated producing properties in the US Gulf of Mexico and a tranche of non-operated interests for US$205 million. The deal with an undisclosed buyer is said to be part of…