Ensco plc Chairman, President and CEO Daniel W. Rabun will retire after nearly eight years of service. Rabun will continue to serve in his current role as Chairman, President and CEO until the Board of Directors has completed the succession process and a new CEO has been appointed.
Hans-Joachim Polk took over as managing director for Hamburg-based RWE Dea AG’s UK subsidiary in August. Polk, a 22-year veteran of the German exploration company, began his career in 1991 as a production operations engineer. He eventually…
Ocean Rig and Energean Oil & Gas will create a joint venture called OceanEnergean to participate in new bid rounds for hydrocarbon exploration and exploitation in Greece and abroad in more than 1000m deep water. Each company will hold 50% of the share capital…
E&P majors BP and Statoil presented their views on future exploration prospects in the Arctic. Meg Chesshyre reports. Representatives from BP and Statoil discussed both the challenges associated with and future plans for developing Arctic…
Plans for arctic exploration and development continue apace—but will there be resources available? Elaine Maslin reports. The size of the arctic offshore challenge is significant, both in scale and complexity, with relatively little activity carried out to date…
The Arctic hosts harsh environments, minimal daylight and HSE concerns. Anthresia McWashington examines a case study and explains the data acquisition methods necessary to explore in one of the world’s most brutal regions. Exploration…
Noble Energy has made two deepwater discoveries in the Gulf of Mexico and offshore Israel. The Dantzler exploration well, located 12 miles west of the firm’s Rio Grande development in Mississippi Canyon 782, has encountered over 120 ft of net pay…
DNV GL has developed a new concept to deal with HPHT pipeline expansion design. Chia Chor Yew explains. Transporting oil and gas through pipelines from high pressure and high temperature (HPHT) reservoirs continues to be a major challenge as the industry pushes into new energy frontiers…
Alternate probability distributions could provide a better fit for Arctic ice gouge depth data, impacting design depths for future subsea pipeline projects. Pipelines installed in ice-prone regions require specialized designs for the unique environmental conditions…
Ceona's high-capacity flexible/umbilical pipelay and subsea construction vessel the Polar Onyx has been floated out of dry dock at Ulstein Verft yard in Norway following an intensive outfitting program. It has now moved to the shipyard quay…
AMEC has won a project management consultancy services contract by Abu Dhabi Marine Operating Company (ADMA OPCO) for their Umm Lulu Phase-2 full field development projects offshore United Arab Emirates (UAE). The contract is worth $124 million (£76 million)…
The concept of temperature seems simple enough. Everyone knows that a thermometer can be used to measure the temperature of a substance such as air and that by knowing the forecast, people can adequately prepare for the day’s outdoor activities…
Declining reserves from mature fields worldwide, the ongoing demand for oil, and retreating sea ice have brought a flurry of exploration activity to the Arctic. The US Geological Survey estimates undiscovered Arctic petroleum resources of 90 billion bbls of oil and 1…
Houston’s Cobalt International Energy, Inc. reported that its Lontra #1 presalt discovery well in Block 20, offshore Angola, found more oil and gas than estimated. Drill stem test placed Lontra’s well production at a stabilized flow rate of 2…
Strategic decision-making in the boardroom is vital for those operating on the new frontiers, a new report says. Elaine Maslin reports. “A single event can transform the fortunes of an entire industry,” warns a recent report on frontier hydrocarbon exploration…