The American Petroleum Institute (API) published a new recommended practice for structural integrity management to emphasize the importance of understanding topside structural integrity in order to maintain the offshore structures used in oil and natural gas drilling and production operations…
Abigail Ross Hopper has been appointed Director of the US Bureau of Ocean Energy Management (BOEM), effective 5 January, the US Department of the Interior announced on 18 December 2014. Hopper, who will be the second director in the agency’s history…
SBM Offshore CEO Bruno Chabas has said the firm is well positioned to weather the current down-turn in oil prices thanks to 90% of its backlog consisting of lease and operate income with dayrates not dependent on oil prices or production levels…
Subsea 7 has been awarded a contract by the Hess Corporation for installation work in support of the Stampede Project in deepwater US Gulf of Mexico. The scope of work involves installation of flowlines, steel catenary risers, umbilicals…
Bristow awarded Danos a contract to provide field support for Bristow’s six Gulf of Mexico bases. Five of the bases are located in Louisiana – Galliano, Houma, Intercoastal City, New Iberia and Venice – and one in Galveston, Texas. Executives…
SKF USA and Vantage Drilling combined resources to improve the reliability of the Vantage Titanium Explorer and Platinum Explorer drill ship fleet. Titanium Explorer. From Vantage. These…
Technip has completed the previously announced sale of its diving assets in the US Gulf of Mexico to Ranger Offshore Inc. As part of this transaction, Technip USA and Ranger Offshore have entered into a multiyear Diving Services Agreement covering Technip’s North America Region…
With oil prices plummeting to a five year low, and project cut backs likely in 2015, short-term funding for US shale may lose out to the country’s higher cost deepwater developments, the latest article by leading petroleum industry advisor Gaffney…
SeaBird Exploration has received a memorandum of agreement (MOA) from an unnamed company to acquire up to 45,000km of 2D seismic data in North and South America. Under the terms of the MOA, the company will charter one seismic vessel from SeaBird over a period of approximately 12 months…
Blue Ocean Technologies Interchangeable Riserless Intervention System (IRIS) recently intervened on a deepwater production well in the Gulf of Mexico’s Desoto Canyon reaching a record-breaking 8200ft. Image from Blue Ocean…
Bibby Subsea will take delivery of its multi-functional subsea construction support vessel (CSV), the Olympic Ares, this month. The Olympic Ares. From Bibby Offshore. The 115m CSV…
Nexans' power umbilicals that integrate HV power supply and umbilical functions within a single cable cross-section were installed for the Chevron-operated Jack/St. Malo gas fields in the Gulf of Mexico. From Nexans…
Floating production and mooring specialists SBM Offshore is cutting 1200 jobs and relocating its headquarters from Monaco to Amsterdam, the firm announced this morning. SBM said: 'In light of market conditions and in order to optimize the company's cost base…
Private equity back exploration outfit EPSI has made a NOK6/share offer for the remaining shares of Norwegian exploration firm Rocksource, valuing the firm at US$82 million. EPSI, a HitecVision VII investment, initially increased its holding in Rocksource to 33…
Phoenix, Arizona-headquartered Freeport-McMoRan boosted its production estimates on both its Holstein Deep and Dorado developments in the Gulf of Mexico, the company announced on 4 December. Freeport-McMorRan said it expects to achieve 30…
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