David Shields provides a glance at Mexico’s energy reform and Round One. Pemex’s Ku-S platform at the Ku Maloob Zaap oil field in the Bay of Campeche. Image from Return To Scene. Round One…
Houston-based Halliburton announced it will separately market for sale the company’s fixed cutter and roller cone drill bits, directional drilling and logging-while-drilling (LWD), measurement-while-drilling (MWD) businesses. The announcement…
Paal E. Johnsen will take the position as investment director in Akastor, and will be a part of the company's executive management team, reporting to the CEO. Johnsen will be based in Oslo, and will start in his position on 1 July 2015 at the latest…
Seaway Heavy Lifting entered into a contract with Cardon IV in Venezuela for transportation and installation of the Perla project gas production platforms complete with tie-in of the subsea infrastructure. The Perla development consists…
Australia's Pancontinental is withdrawing from the BG Group-operated Kenya license L10B and from the production sharing agreement governing L10B. Pancontinental holds a 25% interest in L10B, while BG holds 75%. L10B is immediately south of area L10A…
Canada-based, North Sea-focused independent Iona Energy says production from the E.ON-operated Huntington field is due to return to normal operations as gas export rate restrictions are lifted. The Huntington field, produced via the Voyageur Spirit FPSO…
International oil major Shell has made a US$70 billion cash and share offer for UK-headquartered deepwater and LNG-focused BG Group in what is one of the first supermajor deals since the early 2000s. The move, which offers a 52% premium to BG Group's share price…
London’s Afren is appointing Roc Oil's former Chief Executive Officer (CEO) Alan Linn as its new CEO to take the place of Osman Shahenshah, who was terminated for “gross misconduct” in October 2014. Linn…
After record numbers poured in last year, ONS Norway set for 17-19 August 2015, has been canceled due to low oil prices, low activity and great uncertainty in the industry, which led to a low number of registered exhibitors, the ONS Foundation said on 7 April…
Queiroz Galvão Exploração e Produção (QGEP) awarded the McDermott International and GE Oil & Gas consortium a SURF contract to provide subsea equipment for the early production system (EPS) on the Atlanta field, offshore Brazil. Map from QGEP…
KrisEnergy began drilling the Rossukon-3 exploration well in G6/48 in the Gulf of Thailand using Shelf Drilling's Key Gibraltar jackup rig. Gulf of Thailand block map. From KrisEnergy. Rossukon…
Trials of a new subsea dredging system, able to move 1-tonne of rocks on the seabed per minute, have exceeded expectations in testing. The Predator Subsea Dredger, a new concept, underwent a number of trials while fitted to the Triton…
Offshore Marine Management (OMM) secured GROW:OffshoreWind funding to build a subsea tool which will reduce project costs and improve health and safety offshore. The new tool has been designed using OMM’s experiences of working offshore…
Aberdeen-based IT software and services specialist Adept Solutions has secured two new contracts worth a total of £600,000. The firm will supply tailored hydrocarbon accounting software to two new projects on behalf of EOG Resources and DONG Oil Pipe…
Advanced downhole tool for well intervention designer and manufacturer Peak Well Systems has completed a new gas pressure testing facility in Aberdeen (UK) as part of its research and development commitment to provide oil and gas operators with advanced and reliable plug systems…