T.D. Williamson (TDW) appointed Robert D. McGrew, previously TDW VP and CFO, to the position of president and CEO. McGrew will be responsible for the operating performance and strategic direction of the company. A native of Ponca City…
Zeta Energy is offering up US$22.5 million for an unconditional takeover offer for Pan Pacific Petroleum NL (PPP). Map from PPP. The offer equals to $0.04 (A$.05) per share and will be made as an on-market cash offer…
Houston-based BPZ Energy, that is currently under chapter 11 protection, is suspending its Corvina CX15-9D well offshore Peru after failing to produce oil. Map from BPZ. The well…
Oil Spill Response Ltd. (OSRL) and the Subsea Well Response Project (SWRP) delivered a containment toolkit, which can be used to minimize the environmental impact of a subsea well incident. Image from SWRP…
Netherlands headquartered subsea services firm DeepOcean has been awarded the riser installation contract for the Kristin and Heidrun platforms by Statoil. The modification of the two platforms is required in preparation of a possible…
Norway-based seismic services firm TGS has signed a letter of award (LOA) with Polarcus DMCC to acquire 3000sq km of 3D seismic data offshore Norway with a potential extension of up to a total of 7000sq km. The activity is expected to…
UK independent Ophir Energy has contracted Australian engineering group WorleyParsons and its subsidiary INTECSEA for engineering and project management services on its Fortuna project in Block R offshore Equatorial Guinea. Ophir has…
French supermajor Total is assessing development options for a new small gas discovery made in the Norwegian sector of the North Sea. The estimated 3-10 MMboe recoverable gas discovery was in exploration well 25/6-5 S, called Skirne East by Total and Shango by partner Faroe Petroleum…
German multinational Siemens and Norwegian operator Statoil have jointly developed and qualified a subsea hydraulic power unit (SHPU) for use in offshore oil and gas fields in order to provide hydraulic power right at the well site. The…
Cobalt International Energy opted to plug and abandon its North Platte No. 2 appraisal well at Garden Banks Block 959 in the deepwater Gulf of Mexico due to a seal failure in the riser connection system, the company announced on 9 April. The well…
A new 170-tonne state-of-the-art spooling unit is now available at the Delmar Systems Pty. equipment yard in Karratha, Western Australia to support mooring-related operations. This spooling unit is the largest available in the region…
On 9 April, thought leaders in the offshore oil sector held an industry discussion focused on the importance of sustainable safety in the offshore oil and natural gas industry. The group included Jack Gerard, president and chief executive for the American Petroleum Institute (API) Randall Luthi…
OE’s Audrey Leon spoke with Scott Cummins, Senior Vice President, Commercial, McDermott about the opening of Mexico’s oil and gas industry and what effects it will have on both McDermott and the industry at large. Welder…
OE’s Audrey Leon spoke with Dr. Bruno de Ribet, a geophysicist and technology global director at Paradigm, about the opening of Mexico’s oil and gas industry and what effects it will have on both the country’s seismic scene. Please explain…
OE’s Audrey Leon spoke with Francisco Nunez, regional sales manager, Latin America, at OneSubsea, about the opening of Mexico’s oil and gas industry and what effects it will have on both OneSubsea and the industry at large. Please explain…
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