St. Louis-based technology and engineering firm Emerson announced today (16 October) it has agreed to acquire Paradigm, a provider of software solutions for the oil and gas industry, for $510 million. Source: Emerson Paradigm…
Anadarko Petroleum has signed an exploration agreement with the government of Peru to explore 4.7 million acres across three deepwater blocks in the Trujillo Basin offshore Peru. The exploration phase of the agreement is a typical multi-year…
A new outfit being created by the merger of Centrica's oil and gas division and Bayerngas Norge is to be called Spirit Energy, Centrica said today. Centrica will hold 69% in the new company, while Bayerngas Norway's owners will hold the remaining 31%…
An investigation has started into an oil leak from a subsea pipeline near US operator LLOG's Delta House facilities in the Gulf of Mexico. The leak was discovered last week after a sheen was seen on the surface of the water and reported to the National Response Centre…
Operators in the US Gulf of Mexico have largely resumed normal operations following Tropical Storm Nate. The Storm, which formed 5 October and made landfall as a Category 1 hurricane in Mississippi on 8 October, saw 85.09% of US Gulf of Mexico oil production shut in and about 64…
Spectrum Geoscience has started the Ceara Basin 2D multi-client seismic survey in the Equatorial Margins of northern offshore Brazil. The area contains sectors of the 15th licensing round, which is expected to close in Q2 2018. Data is being acquired with a 12…
France's first floating offshore turbine - and it's first offshore wind turbine at all - was inauguarted in Saint-Nazaire, France, today. The 2MW Vestas turbine is primed for the École Centrale de Nantes and CNRS's SEM-REV offshore test site…
A US Department of Energy Subcommittee on Energy and Mineral Resources held a hearing on the draft of a new act to open up more of the US Outer Continental Shelf. The “ASTRO Act” would add flexibility to the national oil and gas leasing…
The US Bureau of Safety and Environmental Enforcement (BSEE) released new numbers this morning (13 October) stating that more US Gulf of Mexico production than previously thought is currently shut-in. New numbers released show approximately…
KBR subsidiary Energo Engineering has been awarded a guidance study contract by the US Bureau of Safety & Environmental Enforcement (BSEE) for the integrity management process of tension leg platforms (TLPs) in the US Gulf of Mexico. As…
The hull for the Appomattox field development facility arrived last week at the Ingleside, Texas shipyard where it will undergo final construction before installation in the deepwater Gulf of Mexico. Source…
Husky Energy has awarded Kvaerner a contract for engineering and marine operations to tow and install the concrete gravity structure (CGS) for the West White Rose Project offshore Canada. The installation is scheduled for Q2 2021. The…
Maersk Drilling has been awarded two contract extensions in the North Sea. The jackup Maersk Resolve has been awarded a contract extension by Wintershall Noordzee for the drilling of a third well in the ongoing drilling campaign in the North Sea…
Weatherford International has been awarded a contract for plug and abandonment (P&A) services by Repsol Norge. The work will start this month and is estimated to be completed over three years. The contract scope encompasses multiple services…
A new report into the UK North Sea oil and gas industry work force shows jobs have dropped to 302,000 from 460,000 in 2014, with the average age of staff increasing slightly to 42.7. The report in short: Industry supports more than 302…