Helix Energy Solutions Group, Inc. closed the sale of its pipelay vessel, the Caesar, to Trevaskis Ltd. Cash proceeds of approximately US$108 million of the total selling price of approximately $138 million were received at closing; the company…
A project to create the world's first subsea gas compression facility is a step closer after the main subsea frame for the project set sail from a Norwegian yard. Aker Solutions loaded out the 1800-tonne gas compression station steel frame from its yard at Egersund…
Ocean Rig UDW Inc. received a Letter of Award for its ultra deepwater drillship Ocean Rig Skyros. The Letter of Award is for five wells or a minimum of 275 days contract for drilling offshore West Africa, with an estimated backlog of approximately US $190 million…
InterMoor Inc., has become the first US-based company to achieve certification under Det Norske Veritas (DNV) 413: Service Suppliers Engaged in Renewal Survey Examination of Mooring Chain Intended for Mobile Offshore Units. InterMoor Inc…
Saipem was awarded new contracts in Latin America worth about US$500 million. In Venezuela, Saipem signed with Cardon IV to develop the Perla EP Project, in the Gulf of Venezuela. In Brazil, Petrobras assigned an EPCI contract to Saipem…
AWE Ltd. reported a second successful drillstem test (DST) at the Lengo-2 appraisal well 25 miles north-northwest of Tuban, Indonesia, with a maximum gas flow rate of 21.2 MMcfd. Gas samples were gathered for analysis. Partners in the Bulu PSC are: KrisEnergy Satria Limited (operator) 2…
Viking Offshore & Marine Ltd. will invest up to S$15 million to set up a dedicated innovation hub in Singapore.The center will be an enterprise hub for companies, and will combine research and development, collaboration, innovation, technology test-bedding…
Claxton Engineering Services Ltd, appointed Gerry Miller as VP sales, marketing, and commercial in a drive to strengthen its sales, marketing and commercial team. His base will be at Claxton’s headquarters in Great Yarmouth, UK. Ongoing…
Chesapeake Energy Corp. chose Robert Douglas Lawler, Anadarko’s senior vice president of international and deepwater operations, to replace Aubrey McClendon. Svein Arild Killingland joins Norwegian Energy Co. (Noreco) as its CEO, succeeding Einar Gjelsvik…
About 200 students from high schools in the Houston area got a glimpse at what their future in the oil and gas industry might be during the BP-sponsored STEM (science, technology, engineering, and mathematics) event at the 2013 Offshore Technology Conference…
Noble Energy announced a non-commercial hydrocarbon find at its second deepwater Gunflint appraisal well in the US Gulf of Mexico. The Mississippi Canyon 992 #1, located one mile west of the original discovery well, encountered 109 ft of net pay and was drilled to a total depth of 32…
Interest in the North is strong and growing among international actors— Kåre Storvik gives his views on business in the area. Oil companies, supply companies, and service providers to the oil industry are either in place or on their way to the North— to Arctic Europe-to the new…
Marathon Oil Corp. announced that CEO, Clarence Cazalot Jr., will retire at the end of this year and will be replaced by Exxon Mobil Corp. executive, Lee Tillman. Cazalot will continue to serve as executive chairman until December 31…
Russia's Rosneft and North American supermajor ExxonMobil signed final agreements establishing a joint Arctic Research Center (ARC) in Russia and an over-arching technology sharing agreement to support the companies’ joint ventures worldwide…
FloaTEC (S)Pte Ltd successfully completed the mating operation of the topsides and hull of Petrobras P-61, Brazil’s first Tension Leg Wellhead Platform (TLWP) near shore to BrasFELS yard in Angra Dos Reis, Brazil. The P-61 TLWP, which uses FloaTEC’s ETLP proprietary design…
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