Glacier Energy Services has bought Professional Testing Services (PTS), the provider of non-destructive testing (NDT) and inspection services to the oil and gas and offshore renewable sectors. Headquartered in Aberdeen, Glacier’s…
Bergen Group has decided to accelerate the process of reducing the group's future involvement in the shipbuilding business in favor of a more dedicated focus on offshore related activities. As a part of this process, Bergen Group…
First cut for Marathon Oil's Alba field B3 compression platform project was marked at Heerema Fabrication Group's (HFG) HFG Polska yard, in Opole, Poland, with project partner Iv-Oil & Gas (Iv). Operated by Marathon Oil subsidiary Marathon E…
Schlumberger announced the launch of the PowerDrive Orbit rotary steerable system (RSS). The new RSS expands the operating envelope of rotary steerable technology by extending system life, delivering precise directional control, and increasing drilling efficiency…
Norway-based SeaBird Exploration announced that its Osprey Explorer vessel was awarded a contract in South America with a major oil company. The US $9million contract is expected to last about75 days and will commence in March. The…
Oryx Petroleum Corp Ltd. announced that the testing of the E-1 exploration well targeting the Elephant prospect in the Haute Mer A license area in Congo (Brazzaville) confirmed the discovery of natural gas and crude oil previously announced in September 2013…
McDermott International, Inc. announced that one of its subsidiaries was awarded a contract to provide the electrical power supply system for Saudi Aramco in the Abu Ali and Khursaniyah fields in the Arabian Gulf. This contract is included in McDermott’s 4Q 2013 backlog…
SOSINA Exploration Ltd. announced a new 3D seismic program, which is planned to be acquired by Polarcus in the southern Porcupine basin, offshore southwest Ireland. The non-exclusive multi-client survey, is projected to commence this summer…
Some 5Tcf of natural gas reserves are sitting undeveloped in the Southern North Sea, an event on the basin heard today (5 March). John Westwood, of industry analysts Douglas Westwood, was speaking at the Southern North Sea 2014 conference in Norwich…
Colombia’s offshore is not as widely explored as its conventional onshore space. The country, which has many resources including coal bed methane and even shale, is making a bigger push for offshore exploration. Colombia’s Vice Minister of Energy for the Ministry of Mines and Energy…
Total Chairman and CEO Christophe de Margerie (pictured) used his IHS CERAWeek keynote to encourage the oil industry audience to change the way oil and gas companies manage their assets. De Margerie discussed how the industry cannot tolerate rising capital expenditures…
Petrel Resources has been awarded Frontier Exploration Licenses (FEL) 3/14 and 4/14 in the Irish Atlantic Porcupine basin. The acreage licensed collectively covers about 1050sq km or 75% of the 1400sq km previously held under Licensing Options 11/4 and 11/6…
Ophir Energy has entered into an agreement with Australian explorer WHL Energy to acquire a 75% operated interest in Blocks PEC-5B/1 and PEC-5B/2 offshore the Seychelles Islands in the Indian Ocean (pictured). In exchange for the acquired interest…
Royal Boskalis Westminster N.V. (Boskalis) is to buy Fairmount Marine B.V. and Fairmount Ocean Towage Company B.V. (Fairmount) from the French group Louis Dreyfus Armateurs. Fairmount is a global provider of long-distance ocean towage services operating five…
Paradigm announced that Mexico seismic services company, COMESA, has incorporated the full Paradigm software suite for seismic processing and imaging, interpretation and modeling and reservoir characterization, including: GeoDepth, SeisEarthand Geolog…