ThoughtStream: Opinion In today’s continually evolving oil and gas industry there are always emerging issues to address. Collaboration within the industry can be a vital cog to deliver new solutions to the most pertinent problems and plug technology gaps…
Colloquy: Editor’s Column The American Association of Petroleum Geologists (AAPG) has developed a new African exploration GIS database, as the Edward G. Purdy Memorial Project, honoring the late geologist (b. 4 December 1931, d. 13 October…
Electromagnetic Geoservices ASA (EMGS) signed a contract with PEMEX worth US$99.8 million to conduct a 3D electromagnetic (EM) survey in the Gulf of Mexico. 'We have over the last few years reinvigorated our exploration organization and embraced technologies that give us an advantage…
Dolphin Drilling, part of Fred. Olsen Energy ASA, signed contracts worth US$67 million for use of its Blackford Dolphin semisubmersible rig. The Blackford Dolphin will drill one well a piece for MPX North Sea ltd in the UK sector and Cairn subsidiary Capricorn Ireland Ltd…
Royal Dutch Shell’s downstream director is to take over from Peter Voser as chief executive of the company, starting January 1, 2014. Ben van Beurden, 55, a Dutch national, graduated with a Master’s Degree in chemical engineering from Delft University of Technology…
China National Offshore Oil Corporation (CNOOC) signed a production sharing contract (PSC) with PetroBroad Copower Ltd. (PetroBroad Copower) for Block 28/03 in Pearl River Mouth Basin. Block 28/03 is located in Pearl River Mouth Basin in the east part of the South China Sea…
Edinburgh-based oil and gas chemical monitoring firm LUX Assure has appointed Charles Cruickshank as its new CEO and opened new offices in Aberdeen. Cruickshank has 27 years’ experience in the oil and gas industry, having previously…
Rosneft acquired the remaining 49% of ITERA Oil and Gas Company LLC from Itera Holdings Ltd. for US $2.9 billion. As a result, Rosneft’s share in the company has increased to 100%. Rosneft said the consolidation of ITERA Oil and Gas Company…
Chevron U.S.A. Inc. to construct an office building in downtown Houston to accommodate its business growth and expanding workforce in the world’s energy capital. The 50-story, 1.7 million-square-foot building will be located at 1600 Louisiana Street at Pease…
FMC Technologies, Inc. received an order from Petrobras for the supply of subsea trees for its pre-salt fields, located offshore Brazil. The value of the award is estimated at $500 million and represents the call-off of the remaining value of the $1…
Drillinginfo Inc. acquired Denver-based Transform Software & Services Inc. Details of the transaction were not disclosed, but the transaction will bring immediate growth synergies to Drillinginfo in terms of skills, experience and momentum to the combined companies…
Wood Group acquired Pyeroy Group Limited (Pyeroy), a provider of specialist coatings, access and fabric maintenance services to the oil & gas, marine and rail industries. Headquartered in Gateshead, UK, Pyeroy was founded in 1973 and employs approximately 1…
Aker Solutions won a contract from Daewoo Shipbuilding and Marine Engineering (DSME) to deliver a drilling equipment package for the production platform at the Mariner oilfield in the UK North Sea. The parties agreed not to disclose the value of the order…
NASA directors and staff gathered at Johnson Space Center in Houston to sign a new alliance with risk management firm Deloitte on June 27. The new partnership aims to utilize NASA’s proven practical applications such as risk analysis programs…
Russia's Rosneft and Venezuela's PDVSA struck a deal concerning the implementation of projects offshore Venezuela. The agreement calls for the two companies to conduct joint studies evaluating technical and economic viability of offshore gas and condensate production in Venezuela…
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