Pemex has awarded CGG a US$200 million contract for ocean bottom cable (OBC) 3D-4C seismic work in one of the oil company’s most important producing areas, the Ku Maloob Zaap oil field, and the light crude oil fields of the Bay of Campeche in the Gulf of Mexico…
Junior North Sea-focused exploration firm Trapoil is to shed more of its senior staff, including its co-founders, in a bid to maintain the value of its assets. The firm, currently has a mix of carried and paying interests in 11 licenses…
Gulf Island Fabrication has received an award letter from Arena Offshore for the fabrication of two jacket/piles and topsides for Arena’s projects in the US Gulf of Mexico. Delivery for these units is set for late second quarter 2015…
Aker Solutions has agreed to lease a new office complex in Aberdeen on a 20-year contract as part of an expansion in the UK. The facility is under development and will consist of three interconnected buildings in the new Aberdeen International Business Park near Aberdeen airport…
Lundin Norway has agreed to acquire a 35% interest in production licenses 674 in the North Sea. The deal comprises acquiring 15% interest from Petrolia Norway and a 20% interest of a carve out area of PL674 from operator E.ON. Petrolia and E…
Aker Solutions has awarded DNV GL a global frame agreement to pave the way for better technology collaboration, more efficient project execution and considerable cost savings. The frame agreement covers the following business segments: Subsea…
UK-based Cluff Natural Resources (CNR) has been awarded three Conditional Underground Coal Gasification (UCG) licenses, Options for Leases and non-exclusive Exploration Licenses for two offshore deep UCG prospects offshore Durham and Cumbria…
OneSubsea – a Cameron and Schlumberger company – Helix Energy Solutions Group, and Schlumberger announced that they have entered into a letter of intent to develop technologies and deliver services to optimize the cost and efficiency of subsea well intervention systems…
Colin Smith joins Wood Group Intetech to lead the expansion of its operations across the Americas. Based in Houston, Texas, Smith’s role will focus on developing WG Intetech’s business throughout the region, supporting its well integrity management solutions…
InterOil Corp. has appointed former BG Group chief executive officer and Shell executive Chris Finlayson as chairman-designate. Finlayson, 58, joins the board immediately, and will replace Dr. Gaylen Byker. Finlayson, who is a director of Lloyd’s Register…
Baker Hughes issued the July 2014 international rotary drilling rig count last week, showing a total of 1382 rigs operating outside the US & Canada. International activity in July was up 38 rigs from the 1344 rigs drilling in June 2014…
Finland's Arctech Helsinki Shipyard signed a contract to build three icebreaking stand-by vessels for Russia´s largest shipping company, Sovcomflot (SCF Group). The vessels will be built for the North East Sakhalin Offshore region oil…
Forecasters with the National Oceanic and Atmospheric Administration's (NOAA) Climate Prediction Center raised the likelihood for a below-normal season in last week’s update to the Atlantic Hurricane Season Outlook. Image…
Pulse Structural Monitoring Inc. opened a new, purpose-built facility in Katy, Texas that will provide modern office, production and testing facilities. The modern 740sq m facility will support Pulse’s expansion plans in the North American market…
Teekay Offshore Partners have exercised the first of six options to build another floating accommodation unit (FAU) based on the cylindrical Sevan design at the Cosco Shipyard, Nantong, China. The new FAU is scheduled for delivery in Q3 2016…
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