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Macondo leak mystifies

Dec 20, 2012

An ROV surveys accident site in OctoberInvestigators unable to find source of sheenInvestigators have been unable to locate the source of a sheen spotted near the Deepwater Horizon accident site, the Federal On-Scene Coordinator announced on 18 December 2012…

TAM announces dual appointments

Dec 19, 2012

Jim McGowinTAM International, Inc., an independent oilfield services company providing inflatable and swellable packers, is pleased to announce the appointment of Jim McGowin to general manager of TAM Completion Systems, a subsidiary of TAM International…

Wartsila to design COSL ships

Dec 19, 2012

Wartsila will design six new ships for COSL Wärtsilä, the marine industry's leading solutions and services provider, has signed a contract with China Oilfield Services Ltd (COSL) to supply the designs for a total of six new ships. The two…

Technip nabs GOM pipeline work

Dec 18, 2012

Technip's G1200 vesselTechnip joins GOM platform junction project Williams Partners and DCP Midstream awarded Technip a pipeline installation contract for their 60-40 owned Discovery System in the U.S. Gulf of Mexico, Technip announced on 17 December 2012…

ExxonMobil makes S. Africa splash

Dec 18, 2012

ExxonMobil acquires 75% stake in Durban BasinTugela South Exploration RightExxonMobil is set to explore the deepwater Durban Basin offshore South Africa after acquiring 75% stake in the Tugela South Exploration Right, the company announced on 17 December 2012…

Talisman, Sinopec complete UK deal

Dec 18, 2012

Sinopec strikes $1.5B deal for Talisman UK JVTalisman Energy has completed its joint venture transaction with Sinopec subsidiary Addax Petroleum UK Limited (APUK) following receipt of government and regulatory approval, the company announced on 17 December 2012…

Total signs 20-year LNG export pact

Dec 18, 2012

Sabine Pass LNG2MPTA will be bought from Sabine LiquefactionCheniere Energy Partners announced that its subsidiary Sabine Pass Liquefaction has entered into a liquefied natural gas sale and purchase agreement (SPA) with Total Gas & Power North America…

ExxonMobil will operate Tugela off South Africa

Dec 17, 2012

ExxonMobil Exploration and Production South Africa Ltd. will soon begin exploration activities offshore South Africa. The ExxonMobil affiliate signed an agreement with Impact Africa Ltd. (Impact), a subsidiary of Impact Oil & Gas Ltd…

Keystone XL: Proxy energy war

Dec 14, 2012

Photo: Tar Sands BlockadeTexas man sues to stop Keystone construction OilPrice.com - Now that elections are over, everyone is waiting for a decision on the Keystone XL pipeline, but it's not so easy amid the atmosphere of protests that have…

Dolphin wins multiple seismic contracts

Dec 14, 2012

Atle Jacobsen, CEO of Dolphin GeoDolphin Geophysical racks up North Sea work Dolphin Geophysical has been awarded several contracts for the upcoming North Sea season. The awards are for both 3D and 4D seismic services and will involve three…

Reef Subsea wins Grane field work

Dec 14, 2012

Polar PrinceReef to conduct seismic installation at GraneReef Subsea announced that one of its Norwegian subsidiaries, Reef Subsea Norway, has been awarded a major contract by Statoil for the full seismic system installation of the Grane field offshore Norway…

AspenTech launches process optimization software

Dec 14, 2012

Process industry software provider Aspen Technology, Inc. announced the release of aspenONE V8 software. aspenONE V8 delivers a new version of Aspen HYSYS; solids modeling functionality (acquired from SolidSim earlier this year) integrated within Aspen Plus…

Mexico to privatize state-owned Pemex?

Dec 14, 2012

President-elect Enrique Pena NietoPena-Nieto wants private investment in energyOilPrice.com - Big potential changes south of the border. Mexican President-elect Enrique Pena Nieto has announced that he wants increased private investment in the nation's energy industry…

UK to resume fracking

Dec 13, 2012

UK to resume fracking with control measures The UK's Department of Energy and Climate Change (DECC) announced on 13 December that hydraulic fracturing can resume although the practice will be subject to new controls.The new controls announced…

Finlayson named BG CEO

Dec 13, 2012

BG Group appoints Chris Finlayson to top spot BG Group has elevated Chris Finlayson to Chief Executive Officer effective 1 January, the company announced on 13 December 2012.Finlayson came to BG in 2010 after spending 33 years with Royal Dutch Shell…

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