Spain's Repsol has agreed a deal to buy Canadian exploration and production company Talisman Energy for US$8.3 billion plus debt - amounting to the largest international deal by a Spanish company in five years. The deal, which had been rumored for some months…
Italian industrial group Lucchini has agreed a deal to acquire a 49% stake in fellow Italian steel forgings firm Mamé Group, with a clause which could see it take on more share, to gain a controlling stake, in 2017. Mamé Group, based…
Norway's Cubility has appointed Jose Limia as the company’s regional manager for North America. Limia’s role will be to grow sales of the MudCube technology across the North American market, with specific emphasis on offshore drilling operations in the Gulf of Mexico…
Ecuador formally joined the World Energy Council as a member country last Friday, 22 August. In a ceremony in Quito, hosted by Dr. Esteban Albornoz Vintimilla, Minister of Electricity and Renewable Energy, the World Energy Council formally…
The first multi-client geohazard ultra-high-resolution 3D seismic survey is about to begin in the US Gulf of Mexico. NCS SubSea Inc., Geotrace Technologies Inc., and SpecPartners Ltd. have announced the start date for a multiphase, large-scale innovative project called SAFE-BAND…
ION Geophysical Corporation subsidiary GX Technology (GXT) group has been awarded a multi-year contract with Petroleos Mexicanos (PEMEX), the national oil company of Mexico. Under this contract, GXT is providing a broad range of seismic…
CGG has been selected to carry out a large high-end seismic acquisition survey in the Gulf of Mexico on behalf of Pemex. The survey, in Mexican waters, is phase 5 in Pemex’s Centauro program, the largest ever proprietary 3D wide-azimuth program to be conducted worldwide…
Keppel Offshore & Marine signed a memorandum of understanding (MOU) with PEMEX Exploración y Producción (PEP) and PMI Norteamérica, S.A. de C.V. (PMI) to jointly develop, own and operate a yard facility in Mexico specializing in construction…
High-quality technology and proper backing investments are keys to “[allowing] Mexico to continue as one of the main hydrocarbon producers of the world,” said Jose Antonio Escalera-Alcocer, deputy director of exploration for Pemex Exploration…
Technip signed a four-year frame agreement with Petrobras for projects modifications services for the Rio de Janeiro Operations Unit, including existing offshore platforms located in the Campos Basin area, Brazil. The services comprise basic and detailed design…
Technip has signed a four-year frame agreement with Petrobras for projects modifications services for the Rio de Janeiro Operations Unit (UO-RIO)*, including existing offshore platforms located in the Campos Basin area, Brazil. The services comprise basic and detailed design…
Pemex Exploration and Production has recently drilled three successful wells testing the deepwater Perdido Fold Belt, but questions remain about the NOC’s timing to develop the offshore discoveries. Mexico’s earliest deepwater exploration was in 2003…
Dow Corning presented its new XTI-1003 RTV Silicone Rubber Insulation at the 2013 Subsea Tieback Forum & Exhibition held last month in San Antonio, Texas. The technology is a solid, non-syntactic thermal insulation solution designed for HPHT deepwater equipment applications…
PetroJunín, joint venture formed by PDVSA (60%) and Eni (40%), has started production from the Junín-5 giant heavy oil field, located in the Faja del Orinoco, the area with the largest untapped hydrocarbon reserves in the world. The block is…
Black Elk Energy production platformBody indentified as missing Grand Isle workerThe death toll from Black Elk Energy's 16 November platform fire has risen to three as the body of the sole missing worker has been recovered off Grand Isle…
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