Offshore Energy News


Paragon appoints new VP

Jun 01, 2015

Paragon Offshore announced that Alejandra Veltmann has joined the company as vice president and chief accounting officer reporting to Steven A. Manz, Paragon's senior vice president and CFO. Veltmann will be responsible for overseeing corporate accounting and financial reporting…

LLOG hits pay at Crown & Anchor

Jun 01, 2015

LLOG Exploration and its partners Ridgewood Energy and Stone Energy Corp. drilled a successful exploration test at the Viosca Knoll 959 “Crown & Anchor” prospect. The initial exploratory well encountered greater than 50ft of net oil bearing sand in a high-quality Miocene reservoir…

Aqualis announces Aberdeen office

Jun 01, 2015

International marine and offshore engineering consultancy Aqualis Offshore established an office in Aberdeen, Scotland. “We know that job cuts currently is a common theme in the oil industry, but we are taking a long-term approach…

API comments on US Arctic regulations

May 29, 2015

Producing oil and natural gas safely and responsibly in the Arctic will strengthen America’s economy and national security, API said in comments to proposed regulations for operations offshore Alaska.  “Producing more energy here at home creates new job opportunities and makes us more secure…

Applus RTD announces new office opening

May 27, 2015

Applus RTD, provider of integrity technology services, will open an office in Corpus Christi, Texas following increased demand for its non-destructive testing (NDT) services from the region’s energy industry. The new office adds…

India signals interest in Mexico, Colombia

May 21, 2015

India’s petroleum minister Shri Dharmendra Pradhan led a delegation to Mexico and Colombia this week to meet with officials in each country in hopes of transforming the relationship among the three countries from “buyer-seller” to an “energy partnership…

NOIA president talks safety

Apr 09, 2015

National Ocean Industries Association (NOIA) president, Randall Luthi, joined API’s Jack Gerard and IADC’s Stephen Coleville this morning to discuss improvements in offshore safety since the Macondo Well accident five years ago.   Luthi’s…

KBR announces restructure

Dec 12, 2014

Less than one year into his tenure as the President and CEO of KBR, Stuart Bradie will spend up to US$1 billion to streamline and reorganize the energy engineering and construction giant following the results of a strategic review he initiated in June…

Belden: Dragonfly malware not targeting energy industry

Oct 15, 2014

Belden Inc. released new research that shows the recently revealed Dragonfly (Havex) malware is likely targeting the pharmaceutical sector, not the energy sector as previously believed. Belden says until now, advanced cyber-attacks against…

Wartsila to co-develop Indonesian bio-LNG plant

Oct 09, 2014

Wärtsilä signed a joint development agreement with Indonesian national energy company Pertamina and waste utilization company Godang Tua Jaya on 8 October with the intent to create the first bio-LNG plant in Indonesia. Wärtsilä Oil &…

Exxon chief: US in ‘a new era of energy abundance’

Oct 03, 2014

ExxonMobil chief executive officer Rex Tillerson spoke at the first-ever Greater Houston Partnership’s “State of Energy” event, giving his perspectives on the intrinsic ties between the energy industry and the city of Houston and highlighting North America’s…

Saudi Aramco opens Houston research center

Sep 22, 2014

Saudi Aramco announced the opening of the new Aramco Research Center on Houston’s west side in the energy corridor, on Friday, 19 September. Khalid A. Al-Falih, president & CEO Saudi Aramco, at…

New buoys test wind speeds offshore US

Sep 18, 2014

Two massive, 20,000-pound buoys decked out with the latest in meteorological and oceanographic equipment will enable more accurate predictions of the power-producing potential of winds that blow off US shores. The bright yellow buoys — each worth about US$1…

Ecuador joins World Energy Council

Aug 27, 2014

Ecuador formally joined the World Energy Council as a member country last Friday, 22 August. In a ceremony in Quito, hosted by Dr. Esteban Albornoz Vintimilla, Minister of Electricity and Renewable Energy, the World Energy Council formally…

ABB's breakthrough in cable technology

Aug 26, 2014

ABB says they’ve launched the world´s most powerful underground and subsea power transmission cable system. ABB has developed and tested an extruded cable 525 kilovolt (kV) high-voltage direct current (HVDC) transmission system to…

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