As part of President Obama’s continued commitment to safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) director Abigail Ross Hopper has announced the bureau will offer approximately 23.5 million acres…
Freeport-McMoRan (FCX) subsidiary Freeport-McMoRan Oil & Gas (FM O&G) has shaken up its workforce with a reorganization that sees four top executives depart the company in a move that will reduce costs, streamline functions, and enhance capital allocation…
Honeywell has appointed Darius Adamczyk to the company’s newly created role of president and chief operating officer (COO) effective immediately, reporting to chairman and CEO Dave Cote. Image of Adamczyk…
Kvaerner's executive vice president and CFO, Eiliv Gjesdal, has decided to step down from the role as CFO as of 6 April 2016. He will work with special tasks until his notice period ends 30 June 2016. 'Gjesdal started as CFO in Kvaerner…
Hoover Container Solutions appointed Scott Meints as the vice president of service operations. In addition, Adolfo Aguilera is joining Hoover’s executive team as vice president of manufacturing. Both will report directly to Johan Wramsby…
Bibby Offshore (BOUK), a subsea services provider to the oil and gas industry, has secured a multimillion dollar contract with a North Sea Operator, to deliver decommissioning operations in the Northern North Sea East Shetland Basin. The agreement…
The board of directors of AVIC International Maritime Holdings (AVIC Maritime) has announced that it has entered into a contract, as a co-seller, for four RoPax vessels with two plus two options with Stena RoRo, a subsidiary of Swedish ship owner…
Tullow Oil awarded subsea engineering and training firm Jee a contract to investigate the most appropriate options for decommissioning their Thames area assets in the North Sea. Awarded in February 2016, the contract relates to the decommissioning of the Horne…
Tullow Oil is set to start up production at its Jubilee field offshore Ghana later this week, after declaring force majeure on two cargoes last month. Image of the Kwame Nkrumah, from Tullow. In a statement from the company…
The future of oil and gas technology looks increasingly automated, digital and smarter according to a new technology outlook report published by DNV GL. Image from DNV GL. The…
Oil & Gas UK, the representative organization for the UK offshore oil and gas industry, announced the appointment of a number of member company representatives and a new team of officers to lead its board. All changes are of immediate effect…
In this video, Statoil shows the beginning stages of construction of the utility and living quarters (ULQ) on Johan Sverdrup, offshore Norway. Statoil awarded a joint venture between Kværner and KBR the contract for engineering and…
Wood Group acquired privately-owned, Australia-based SVT Engineering Consultants (SVT) adding a global vibration, dynamics and noise (VDN) engineering service line. SVT, with headquarters in Perth, provides piping and rotating equipment vibration…
The fact that exploration drilling activity is at a record lows in the UK North Sea is well recorded. It's easy to quantify and monitor. What is not so easy, is quantifying the number of already discovered fields which are currently sitting…
Murphy Oil is planning to make cuts to its worldwide workforce in direct response to the negative impacts of low commodity prices. Image from Murphy Oil. “Over the course of the past year and a half…
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