Royal Dutch Shell plc announced it will pause its exploration drilling activity for 2013 in Alaska’s Beaufort and Chukchi Seas to prepare equipment and plans for a resumption of activity at a later stage. “We’ve made progress in Alaska…
Alam Maritim Resources Berhad announced that its wholly owned subsidiary, Alam Maritim (M) Sdn Bhd, based in Kuala Lumpur, has accepted the award from Petronas Carigali Sdn Bhd, Peninsular Malaysia operations to provide two offshore support vessels (OSVs) to support Petronas’ drilling campaign…
BP named Janet Weiss Regional President of its Alaskan branch, effective 15 February 2013.Janet Weiss (Photo: BP)Weiss succeeded John Mingé, who now serves as Chairman and President of BP America Inc. after heading up BP’s Alaska business since January 1…
The Evolution series conducts IMR operations in deep water.Bourbon took delivery of the Bourbon Evolution 803. It is the 3rd vessel in the 1st large IMR series for the offshore industry. Resource exploration is going into increasingly…
McDermott International Inc. announced that Tony Duncan will join the company as Vice President and General Manager, Subsea on 1 April 2013.Tony Duncan (Image: McDermott)“In this role, Tony is responsible for driving and growing our global Subsea business…
OMK invests in US OCTG market.Russia-based OMK (United Metallurgical Company) held a ribbon-cutting ceremony to open its new pipe-manufacturing facility in northeast Houston. The US$100 million investment was made in response to rising demand for oil country tubular goods (OCTG)…
PGS' Ramform Challenger gathers a Falkland surveyThe PGS vessel Ramform Challenger began gathering London-based Borders & Southern Petroleum’s (B&S) 3D seismic program off the Falkland Islands in the South Atlantic Ocean. Located about 140…
The Norwegian Petroleum Directorate’s (NPD’s) mapping of the southeastern Barents Sea and the area surrounding Jan Mayen will result in an approximate increase of 15% in the estimates of undiscovered resources on the Norwegian shelf.This…
Germany’s Wintershall has stepped forward to back a new autonomous exploration drilling tool being developed in Norway.Badger Explorer (BXPL) is developing the tool, which it describes as “a new formation and reservoir evaluation tool, which drills into the subsurface without the risks…
Australian-listed exploration firm FAR says prospects offshore Kenya and Senegal “much larger than we originally assessed”.Announcing the outcome of updated prospective resource estimates following the completion of internal technical studies…
Norway-based oilfield services firm Aker Solutions has bought Managed Pressure Operations International (MPO).MPO, registered in Cyprus with operations in Singapore, Dubai, Jakarta and Houston, has developed a next generation of continuous circulation…
Bremerhaven, 15 February 2013. Current measurements of the ESA ice thickness satellite CryoSat-2 have shown that the total mass of the Arctic sea ice was 36% smaller last autumn than during the same period in the years 2003 to 2008. Five years ago…
Chevron, Exxon, Shell, Statoil, and Petrobras are working with Magma Global to develop and qualify a taper stress joint using Magma’s m-pipe technology. The project, which began mid-February 2013, will focus on a 15ksi 8' taper stress joint…
Investment in North Sea oil and gas production has been predicted to top a 30 year high - but cost per barrel has risen five-fold in the past decade, according to analysis by the industry.Malcolm Webb, chief executive of Oil & Gas UKOil & Gas UK…
Hercules Offshore Inc. acquired the offshore drilling rig Ben Avon from a subsidiary of KCA Deutag for US$55 million in cash, the company announced on 21 February 2013. Ben Avon Jackup Rig (Image: KCA Deutag)The Ben Avon is a LeTourneau Class…
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