Image of Olav Henriksen (SVP Projects, Aker BP, left) and Pieter Heerema (Projects, Allseas) at the signing ceremony in Stavanger 29 May 2017. Image from Aker BP. Allseas, via Excalibur Marine Contractors…
Swire Oilfield Services announced that Manfred Vonlanthen will succeed John Bruce Rae-Smith as the company’s chief executive officer (CEO). Rae-Smith will be stepping down as CEO of Swire Oilfield Services due to personal reasons. Vonlanthen…
Independent Oil and Gas (IOG) says it has a busy 12 months ahead, as the company prepares to submit the Blythe and Vulcan final development plans (FDP) in the Southern North Sea, with hopes of hitting first gas by 2019. Image from IOG…
Statoil has sold its stake in International Petroleum Corp. (IPC) to Lundin Petroleum in a US$90.2 million deal. Lundin Petroleum BV (LPBV), IPC’s wholly-owned subsidiary, purchased 25.5 million shares of IPC, in addition to 22.8 million shares that belonged to Statoil…
Faroe Petroleum started drilling the Brasse appraisal well 31/7-2S in the Norwegian North Sea. Map of Brasse, from Faroe. The main objectives of the appraisal well are to reduce…
Pedro Parente (right), CEO of Petrobras, and Robin Watson, CEO of Wood Group, are to speak at the opening plenary session at SPE Offshore Europe 2017, which is being held in Aberdeen from 5-8 September 2017. They will join Ben van Beurden…
EnQuest's US$2.6 billion Kraken heavy oil field development is on track for first oil before the end of June, according to the North Sea independent. The Kraken development, about 125km east of the Shetland Islands, off Scotland, will…
Dibowitz will become Seadrill's CEO on 1 July. Image from Seadrill. Seadrill has appointed Anton Dibowitz as the company’s new chief executive officer effective 1 July 2017. Dibowitz…
The Norwegian Petroleum Directorate (NPD) has granted Statoil consent to start-up production from the Gina Krog field in the North Sea, which the Norwegian giant has set to start-up in late June 2017. Gina…
Norway's Magseis and Germany's Seismic Apparition have signed an exclusive technology agreement to jointly develop and implement a new innovative technology that will reduce the operational time for ocean bottom seismic. Technology development…
DONG Energy has today agreed to sell its E&P business, including a stake in the Rosebank field, west of Shetland, to petro-chemical business Ineos for US$1.05 million, plus $250 million in contingent payments. Ineos, which recently acquired the Forties pipeline system from BP…
The scale and severity of the recent international ransom-ware cyber attack has elevated urgency in the oil and gas industry to detect and defend against potentially debilitating threats and actions. Michie…
Petroleo Brasileiro (Petrobras) sent a termination notice to Teekay Offshore for the Arendal Spirit charter contract last month, in which the company says it is disputing the grounds of the termination and is reviewing its legal options. The…
Statoil has started drilling at the Blåmann well in the Barents Sea, the first of five wells in its exploration program, the Norwegian giant announced today (22 May). Image of the Songa Enabler…
Statoil is establishing a digital center of excellence and launching a roadmap with seven specific programs for digitalization in the company towards 2020. Digitalization will help improve the safety, security and efficiency of Statoil operations…
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