Siemens plans to list its energy unit by around September next year, the head of its gas and power division said on Tuesday.The German conglomerate said in May that it was spinning off its gas and power business, which has dragged on the German…
Energy consultancy Xodus Group said it has appointed Stephen Rivers as Subsea & Pipelines Manager for Asia-Pacific as the company targets strategic growth and new projects in the region. He will be based in in Perth, Australia.Rivers’ previous…
Offshore engineering solutions company Aquaterra Energy said it has appointed Rob Gill to fuel the continued success of its modular Sea Swift platform.Gill joins the company as Platforms Business Development Director and will focus on expanding Sea Swift’s presence across West Africa…
The reaction of the gut is unease to news reports ExxonMobil might be selling $4 billion in offshore assets to Norway’s Vår Energi (the former Eni Norge) and pulling out of the North Sea.More operator and supermajor consolidation away from an oil province sounds all bad…
Subsea 7 announced on Tuesday it has been awarded an engineering, procurement, construction and installation (EPCI) contract from Saudi Aramco for a second package for the Marjan increment projects offshore Saudi Arabia. The contract is awarded…
Subsea 7 said it has been awarded three contracts from Saudi Aramco under a long term agreement for execution offshore Saudi Arabia.The engineering, procurement, construction and installation (EPCI) contracts are awarded for execution in consortium with L&T Hydrocarbon Engineering (LTHE)…
Oil major ExxonMobil said on Friday it had signed an exclusivity agreement with Var Energi for negotiations regarding a possible sale of Exxon's Norwegian upstream assets.An acquisition of Exxon's production assets in Norway would cement Var…
DeepOcean Group said it will split its DeepOcean UK subsidiary into two entities, creating DeepOcean Subsea Cables and a new division with a standalone brand for its seabed intervention and trenching business.The split and new brand announcement are scheduled to be finalized within 2019…
Kongsberg Maritime has expanded its Canadian operation by establishing a presence at COVE, the Center for Ocean Ventures & Entrepreneurship, in Dartmouth, Nova Scotia, the company announced on Monday.Already present in the Canadian ocean technology…
The Mexican government has said in its 2020 budget proposal that it will maintain a strategy of hedging its oil output against lower prices.Mexico’s state oil company Pemex will also continue a similar but separate hedging program. Mexico’s…
Dolphin Drilling will establish its international headquarters in Aberdeen, showing its commitment to the North Sea at a time of increasing optimism for the drilling industry, the offshore drilling contractor announced on Friday.The company…
Schlumberger and TGS today announced a new 3D seismic reimaging project in the Egyptian Red Sea comprising reimaging data from three overlapping seismic surveys totaling 3,600 square kilometers that were acquired between 1999 and 2008—the only available 3D data in this part of the Red Sea…
SBM Offshore and ExxonMobil signed a long-term agreement covering potential future floating production, storage and offloading unit (FPSO) orders. This agreement is non-exclusive and establishes the general legal framework and specific terms in relation to the engineering…
TGS said it has purchased all outstanding shares and completed the acquisition of Lasser, Inc., a Fort Worth-based company which provides historical and monthly oil and gas production data.Lasser owns, maintains and licenses a nationwide U.S…
Technology companies iXblue and 2G Robotics have signed a Memorandum of Understanding (MoU) to offer a new survey skid for inspection class remotely operated underwater vehicles (ROV). This all-in-one integrated skid will deliver high accuracy inspection capabilities on small ROVs…
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