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Anadarko consolidates leadership

Oct 04, 2017

Anadarko Petroleum reported today (4 October) that it has consolidated its leadership structure to align with the company’s narrower focus on its business. Mitch Ingram, formerly EVP, Global LNG, has been named EVP, International & Deepwater Operations and Project Management…

Rystad: Mature fields decline faster

Oct 03, 2017

While the trend in spending for oil and gas companies since the crash in oil prices has been a steep decline, production has remained relatively stable since 2015. This might lead to the conclusion that companies have found ways to remain just as productive in the new price environment…

Archer launches new generation of SPACE

Oct 03, 2017

Archer has launched a new generation of SPACE ultrasound imaging and measurement services, which apply ground-breaking ultrasonic techniques such as phased-array beam-forming to enable true spatial understanding of the downhole environment…

Aker BP in Frigg Gamma Delta hit, miss

Oct 03, 2017

Aker BP has encountered further oil at the Frigg Gamma Delta discovery offshore Norway, but came up dry at an adjacent wildcat, according to the Norwegian Petroleum Directorate (NPD). Frigg Gamma Delta…

Helix inks intervention riser system contract

Oct 03, 2017

Helix Energy Solutions Group has been awarded its first contract for a new 15,000psi intervention riser system (IRS). The 35-day award is with a large oil and gas operator in the US Gulf of Mexico. The 15,000psi IRS is part of a joint…

Heerema inks four platform project for southern North Sea

Oct 03, 2017

North Sea-focused Independent Oil and Gas (IOG) has signed a letter of intent with Heerema Fabrication Group for front-end engineering and design (FEED), and engineering procurement, construction and installation (EPCI) of up to four normally unmanned installation platforms (NUIs)…

Simonelli elected as BHGE chairman

Oct 02, 2017

Baker Hughes, a GE company  announced that its board of directors has elected BHGE President and Chief Executive Officer (CEO) Lorenzo Simonelli as chairman of the BHGE board, effective today (2 October). Simonelli…

CGG gains overwhelming chapter 11 creditor approval

Oct 02, 2017

CGG’s creditors have overwhelmingly accepted the company’s proposed chapter 11 plan, the French seismic firm announced today (2 October). Image from CGG. “Specifically, all holders…

Jan De Nul in NASR prep off Abu Dhabi

Oct 02, 2017

Jan De Nul Group has begun preparations for the subsea cable laying work for ADMA-OPCO’s NASR Full Field Development Package 2 Project off the coast of Abu Dhabi in the Arabian Gulf. Isaac Newton…

DONG Energy to become Ørsted

Oct 02, 2017

DONG Energy (Danish Oil and Natural Gas) has proposed to change its company name to Ørsted, following its strategic transformation from black to green energy and the recent divestment of the upstream oil and gas production. Turbine…

SPE Offshore Achievement Awards 2018 now open

Oct 02, 2017

The Society of Petroleum Engineers (SPE) Aberdeen Section has now opened entries for the 32nd Offshore Achievement Awards (OAA). The OAAs were launched during last month’s SPE Offshore Europe and are supported by OE.  Categories remain similar to last year’s line up…

Statoil, Total, Shell back CCS project

Oct 02, 2017

Oil majors Statoil, Shell and Total have agreed to enter a CO2 storage partnership.  The partners have signed a partnership agreement to mature the development of carbon storage on the Norwegian Continental Shelf (NCS). The project is…

Statoil, Petrobras to work on mature deepwater fields

Oct 02, 2017

Petrobras has signed a heads of agreement (HoA) with Norway's Statoil to commit to assessing cooperation opportunities aligned with their business strategies relating to deepwater mature fields. The agreement is in continuity with a memorandum of understanding signed in August 2016…

Ophir awards Fortuna FLNG SURF EPCIC

Oct 02, 2017

Ophir Energy has awarded an upstream construction for its Fortuna floating LNG project - west Africa's first deepwater FLNG project - to Schlumberger company OneSubsea and Subsea 7's Subsea Integration Alliance. The contract is an engineering…

Subsea 7 confirms new reel lay vessel order

Oct 02, 2017

Subsea 7 has signed a contract with Royal IHC to design and build a new, high-specification reel lay vessel capable of installing complex rigid flowlines including pipe-in-pipe systems.  IHC says that, based on the ratio between top pipe tension and payload to displacement…

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