Offshore Regions News - page 1435


John Jondle joins Magma Global

Jan 15, 2016

Magma Global, the manufacturer of m-pipe, has announced the addition of John Jondle to the Magma team as senior advisor, based at Magma’s Houston office. Jondle has over 34 years’ experience in the oil and gas industry, with the past fifteen years in senior leadership roles at BP…

Royal IHC launches Seven Cruzeiro

Jan 15, 2016

Royal IHC has successfully named and launched the 550-tonne top tension capacity pipelay vessel, Seven Cruzeiro, at its shipyard in Krimpen aan den IJssel in south Holland. Seven Cruzeiro. Image courtesy IHC Merwede…

Iran sanctions to be lifted in coming days

Jan 15, 2016

Sanctions on Iran’s oil production are set to be lifted as early as this weekend that will mark the end of the country’s nuclear program and pave the way for Western nations to re-enter Iranian territory for oil exploration and production…

Aker takes knife to MMO business

Jan 15, 2016

Aker Solutions is to 'streamline' its maintenance, modifications and operations (MMO) unit in Norway from four units to one regional unit, the firm announced today. The company said it was taking 'necessary steps to reposition the business…

Ballard takes IOGP exec role

Jan 15, 2016

The International Association of Oil & Gas Producers (IOGP) has appointed Gordon Ballard to be its new Executive Director.  He starts today, succeeding Michael Engell-Jensen, who is retiring after five years. Gordon comes to IOGP after spending 30 years working with oilfield services company…

Norwegian investment continues to fall

Jan 15, 2016

Despite high drilling rates on the Norwegian Continental Shelf, discovery rates have been low and investment fell 16% in 2015, according to the Norwegian Petroleum Directorate (NPD).  Fifty-six exploration wells were spudded, with just…

Mitra gains more Vietnam stake

Jan 14, 2016

Malaysia's Mitra Energy gained approval from the Prime Minister of Vietnam of the Reserve Assessment Reports for the Nam Du (Block 46/07 PSC) and U Minh (Block 51 PSC) fields, off Vietnam.  Image from Mitra Energy…

Maersk Gallant to drill North Sea wildcat

Jan 14, 2016

Total, the operator for production license 618 in the North Sea, has received consent from the Petroleum Safety Authority (PSA) of Norway, to drill exploration well 1/5-5 using Maersk Gallant. Maersk Gallant is a jackup drilling facility…

SapuraKencana inks US$117 million in contracts

Jan 14, 2016

Subsidiary companies within the SapuraKencana Group have been awarded contracts and extensions with a combined value of approximately US$117 million (RM503 million). Image from SapuraKencana. SapuraKencana HL Sdn…

Statoil takes nearly 12% stake in Lundin

Jan 14, 2016

Norwegian oil major Statoil has acquired an 11.93% stake in Swedish exploration firm Lundin Petroleum's shares. Statoil says the move increases its indirect exposure to core assets on the Norwegian Continental Shelf (NCS), including the Johan Sverdrup and Edvard Grieg fields…

IOG delays Skipper, seeks funding

Jan 13, 2016

Independent Oil and Gas (IOG), the North Sea focused oil and gas company, will delay the Skipper appraisal well until there is greater stability and clarity in the oil market. This follows recent oil price movements and bad weather in the North Sea…

Ezion Holdings lands service rigs deal

Jan 13, 2016

Ezion Holdings Ltd. has secured an agreement to jointly market two service rigs being built by a Chinese state owned enterprise to support the offshore windfarm, oil and gas activities in the energy sector, announced Ezion Holdings board of directors…

Earthjustice supports Shell Arctic extension denial

Jan 13, 2016

Earthjustice, on behalf of eight conservation groups, filed to intervene in a case before the Interior Board of Land Appeals to defend the Department of Interior’s (DOI) decision to deny Shell’s request for an extension of the terms of its oil drilling leases in the Arctic Ocean…

Updated: Keynote speakers announced for PECOM 2016

Jan 13, 2016

The 22nd annual Petroleum Exhibition & Conference of Mexico (PECOM) will feature several keynote speakers this year, and kicks off on Tuesday, 5 April in Villahermosa, Tabasco. Exhibit floor at PECOM 2015…

Amarinth delivers Umm Lulu pumps

Jan 13, 2016

Amarinth has delivered four sodium hypochlorite dosing pumps manufactured in titanium alloy to ADMA-OPCO for use on the Umm Lulu Development Project offshore of Abu Dhabi. Amarinth were approached by Cumberland to tender for the pumps on a tight 24 week delivery for the Umm Lulu platform…

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