Paul Smith has been appointed as future chief financial officer (CFO) and member of the management board of European exploration and production company Wintershall DEA, BASF and LetterOne announced on Tuesday.The appointment will take effect on closing of the merger of Wintershall and DEA…
3D printing firm Aurora Labs is to work with Norwegian certification group DNV GL towards producing 3D-printed parts on Aurora machines that can be independently certified as fit for their intended purpose in the oil and gas, renwables and marine industries…
UK focused Independent Oil and Gas (IOG) has been given a two-year extension on its Harvey license in the North Sea and says it plans to drill on the license by September 2019. The Oil & Gas Authority has extended the initial term for license P2085 to 20 December 2019…
Kosmos Energy's Hippocampe-1 deepwater exploration well in Block C-8 offshore Mauritania was dry. The well, drilled in 2600m water depth, in partnership with BP, was designed to test Lower Cenomanian and Albian reservoirs charged from the deeper Valanginian – Neocomian source…
Wood Group has been awarded a new contract by China National Offshore Oil Corp. (CNOOC) to support the Lingshui 17-2 gas development in the Qiongdongnan basin of the South China Sea. Subsea and flow assurance services will be provided under the contract…
Premier Oil has revealed that Roy Franklin will join the company's board as non-executive chairman, taking over from Mike Welton, on 1 September. Welton has served as chairman for eight years and announced in March that he would step down from the board on appointment of a successor…
DNV GL has won a contract to provide independent verification services for the Maersk Oil redevelopment of the Tyra field, offshore Denmark. Tyra. Image from Maersk Oil. The contract will be coordinated by DNV GL in Denmark…
LAGCOE has announced the LAGCOE Looey 2017 as Don Briggs, founding member and president of the Louisiana Oil and Gas Association. Image of Briggs, from LAGCOE. LAGCOE Looey is…
Wood Mackenzie's global corporate outlook for 2017 forecasts the oil and gas industry will turn cash flow positive for the first time since the downturn, if OPEC production cuts drive oil prices above US$55/bbl. Tom Ellacott, senior vice…
The UK's new regulator, the Oil and Gas Authority (OGA), has now been established as an independent government company by the UK government. The move formalizes the transfer of the Secretary of State’s regulatory powers in respect of oil and gas to the OGA…
io oil & gas consulting, the independent venture backed by GE Oil & Gas and McDermott, has announced the appointment of Richard Dyson as its new CEO. Dyson will be based in io’s head office in The Shard, London and oversee all its global operations including offices in Houston…
Supermajor ExxonMobil and independent Oil Search have taken stakes in two deepwater licenses offshore Papua New Guinea, in the southwest Pacific. The move will see the two firms each take a 40% stake in the PPL 373 and PPL 375 licenses from Gini Energy…
DNV GL has been awarded a five-year contract to provide in-service verification work for Wintershall Noordzee's RAVN and A6-A platforms. The two platforms based in the North Sea are the unmanned RAVN in the Danish sector and manned A6-A in the German sector…
Global drilling giant Transocean has announced a string of new contracts and the start of its newbuild drillship Deepwater Proteus on contract. The firm has also stacked six rigs, taking its total number of currently stacked rigs to 28…
NEL has completed the latest upgrade phase of its wet gas test facility, in response to increasing industry demand. The upgraded facility has been designed to more accurately simulate the increased flowrates experienced during production and processing…
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