Petrobras cancels rig contract with Ocean Rig Petrobras has cancelled a leasing contract with Ocean Rig, the Brasilian NOC announced on 29 November 2012.Petrobras had announced in February that it planned to lease five drilling rigs…
Black Elk Energy production platformBody indentified as missing Grand Isle workerThe death toll from Black Elk Energy's 16 November platform fire has risen to three as the body of the sole missing worker has been recovered off Grand Isle…
Deepwater Horizon accidentEPA says BP shows lack of business integrity The EPA has temporarily banned BP from receiving federal contracts, citing a ‘lack of business integrity' due to its role in the 2010 Deepwater Horizon disaster, the U…
Three Streams EngineeringFoster Wheeler buys Canadian engineering firmFoster Wheeler has acquired Calgary-based Three Streams Engineering for an undisclosed amount.Three Streams is a multi-discipline full service engineering, procurement…
COSL PioneerOperations have been temporarily suspended on the Brugdan II well offshore Faroe Islands, Statoil announced on 27 November 2012.Statoil and partners ExxonMobil and Atlantic Petroleum made the decision based on expected bad weather this winter…
Boskalis plants flag in Dockwise takeoverDutch dredging company Boskalis has launched a takeover of Dutch marine contractors Dockwise; the company announced its intentions on 26 November 2012.On Monday, Boskalis offered the company $884 million…
Photo: Harald Pettersen / StatoilHammefest LNG has returned to normal production, Statoil announced on 28 November 2012.Production shut following a power failure on Monday 19 November. Statoil said both the plant's own power and that of…
Rune TorhaugDet Norske Veritas (DNV) has appointed Rune Torhaug as the new Managing Director for DNV Research and Innovation. He has worked internationally with leadership roles in DNV Energy, DNV Maritime and DNV Business Assurance.Torhaug has a strong background in risk and reliability…
BurundiGAC UK & GAC-Seaforth have overcome challenges to complete the successful delivery of a complex collection of cargo to Lake Tanganyika, Burundi, to support Surestream Petroleum (UK)'s explorations in Africa.Independent oil exploration company Surestream Petroleum Ltd…
Carlos PintoUTEC has been awarded a multi-year framework agreement with SBM Offshore, the company announced on 27 November 2012.UTEC will provide offshore survey and positioning services carrying its construction vessel fleet, initially…
Jenny BamfordAquatic Engineering & Construction Ltd, an Acteon company, is delighted to announce the appointment of Jenny Bamford as vice president commercial and part of its senior leadership team.Bamford is an experienced business professional…
Seven AtlanticShell Upstream International Europe has awarded Subsea 7 a two-year extension on both of its underwater services contracts worth approximately $360 million, Subsea 7 announced on 27 November 2012.Under these contracts, Subsea 7 will continue to provide subsea construction…
EPAThe American Petroleum Institute (API) filed a lawsuit in the U.S. Court of Appeals for the District of Columbia late Monday against the Environmental Protection Agency (EPA) for its decision to mandate the use of 1.28 billion gallons of biodiesel in 2013…
Aker Solutions plans to purchase Canadian asset integrity management (AIM) company Thurm Energy, the company announced on 22 November 2012.The financial details were undisclosed; however, Aker said the acquisition will grow its AIM portfolio and boost its presence in the Atlantic Canada market…
Like a Christmas present, what was widely rumored and anticipated following recent Israeli hydrocarbon discoveries, Houston’s Noble Energy announced in late December 2011 the results of its recent well in the Cypriot Economic Zone. It contains up to 9tcf of natural gas…