Hercules Offshore, Inc. announced that it has entered into an agreement for the sale of eleven inland barge rigs, which includes three active rigs, eight cold stacked rigs, and related assets ('Inland Asset Package') for cash proceeds of approximately $45 million…
Chesapeake Energy Corp. announced Robert Douglas “Doug” Lawler – senior vice president of international and deepwater operations for Anadarko Petroleum – to succeed Aubrey McClendon as CEO and member of the board of directors for Chesapeake…
Tenaris announced it will invest $70 million to build a new sucker rods mill with a production capacity of 1,800,000 units per year, in order to reduce lead times and improve service for customers in the growing North American market. It…
Prysmian Group, leader in the energy and telecom cable systems industry, has been awarded a new contract worth more than $100 million for the supply and installation of submarine cables for a section of ExxonMobil’s existing offshore operations in the US…
Aberdeen-based Schoolhill Hydraulic Engineering has signed a collaboration agreement with a North East England fabrication company. The collaboration with Teesside-based Francis Brown Engineering will enable both Schoolhill Hydraulic…
Apache Corp. announced that its Tonto oil field in the United Kingdom sector of the North Sea commenced production on April 24, 2013. Tonto-1, the first producing well, came on stream at an initial rate of 10,346 b/d. Apache holds a 100% working interest in the Tonto Field…
AMEC, the international engineering and project management company, has been selected as a strategic partner by AWE to provide implementation services at Aldermaston in Berkshire. The four-year contract, the value of which has not been announced…
Viking Offshore & Marine Limited announced on 26 April 2013, that it would invest up to S$15 million to set up a dedicated innovation hub in Singapore to house and invest in promising offshore and marine companies. Mr. Andy Lim,…
The 45th annual Offshore Technology Conference (OTC) in Houston places the spotlight on the latest technological advances plus industry stars such as new head of BP Upstream Lamar McKay and PEMEX’s E&P director Carlos Morales-Gil. OTC returns to Houston’s Reliant Park complex May 6-9…
For almost 40 years ONS has been a broad-based international energy event and a leading meeting place for everyone involved in the oil and gas industry and the entire energy sector. Focus on the supply industry on the Norwegian Continental…
Wärtsilä will supply a comprehensive, fully integrated power, propulsion and positioning system for a DP3 Dynamically Positioned offshore accommodation rig being built in China, the company announced on 17 April 2013. Wartsila power…
Stone Energy Corp. hired an ENSCO drilling rig for its Cardona program at Mississippi Canyon block 29, the company announced on April 8, 2013.an ENSCO 8500 series drilling rigThe Ensco 8500 series dynamically-positioned deepwater drilling rig…
Ocean Installer named Michael Newbury president of its new US office, located in Houston.Michael NewburyNewbury joined Ocean Installer after serving as vice president for operations and business development at US-based subsea contractor Deep Down Inc…
ExxonMobil Corp. announced that its Liberian affiliate has acquired from Canadian Overseas Petroleum (Bermuda) Ltd. (COPL) 80% interest in Liberia Block 13 (LB-13)Map of LB-13 off Liberia (Image: COPL)The block comprises more than 625,000 acres (2…
Mexican state oil company Pemex and US oil giant ExxonMobil renewed a general cooperation agreement to share technical and scientific information, Pemex announced on April 3, 2013.Mexican President Enrique Pena NietoThe five-year agreement, Pemex said…
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