Texas-headquartered Occidental Petroleum has reached an agreement to sell Anadarko Petroleum's oil and gas assets in Africa to French oil major Total for $8.8 billion.The binding agreement with Occidental to acquire Anadarko’s assets in Africa (Algeria…
The U.S. Department of Energy (DOE) selected four projects totaling up to $8 million to develop next-generation wind turbine drivetrain technologies that will facilitate the continued growth of wind turbines for both land-based tall wind and offshore applications…
France's Total SA said on Sunday it has agreed with Occidental Petroleum Corp to acquire the African assets of Anadarko Petroleum Corp for $8.8 billion, should the two U.S. oil and gas companies clinch a deal to combine.The agreement with Total…
Oil production by Petroleo Brasileiro SA fell 3.5 percent in the first quarter from the same period a year before, according to Brazil's oil regulator ANP, which attributed the fall to a number of scheduled and unscheduled stoppages.In a statement…
Houston based services company Helix Energy Solutions Group announced Ken Neikirk has been promoted to the position of Senior Vice President, General Counsel and Corporate Secretary following the retirement or Alisa Johnson, Executive Vice President…
Norwegian offshore driller Island Drilling Company has been awarded a contract with Faroe Petroleum Norge to drill one well in the Norwegian Sea, using the Island Innovator drilling rig.The well is located on PL888 Canela license, Block 6507/7…
As market leaders in well project management and engineering, we provide comprehensive well project management services and well engineering expertise, both on and offshore.Our expert staff along with our global network allow us to deliver the support you need anywhere in the world…
ExxonMobil has funded the Liza Phase 2 development offshore Guyana after it received government and regulatory approvals, the supermajor announced on Friday.Exxon said startup at Liza Phase 2 is expected in mid-2022, producing up to 220,000 barrels of oil per day from the deepwater Stabroek Block…
The UK government said it will back industry plans for a multimillion pound underwater engineering hub in Aberdeen.The planned Global Underwater Engineering Hub will bring together underwater technologies from both industry and academia from…
Customer pressure for 20,000 psi-capable equipment has persisted for over a decade, yet no industry standards have been firmed up. This hasn’t stopped orders for such equipment, although some were later cancelled.Baker Hughes, a GE company,…
Action is needed now to retain, retrain, recruit and renew the workforce in a rapidly changing UK oil and gas sector.These are the findings presented by energy skills body OPITO, who has set out a strategy to prepare the UK oil and gas industry…
Teledyne RD Instruments (TRDI) has launched its next-generation Doppler Velocity Log (DVL), the Tasman DVL.In 1995, Teledyne RDI designed and manufactured the industry’s first DVL, the Workhorse Navigator, aand has since delivered thousands…
When properly designed and applied, composite materials, which have been used for pipeline repairs since the 1980s, can outlast the steel being repaired in offshore environments.Even with a decades-long track record, says Matt Green, VP of technical services at ClockspringNRI…
Norwegian oil and gas firm Equinor reported on Friday a small fall in quarterly operating profit, beating forecasts, and said its giant Johan Sverdrup oilfield in the North Sea remains on track to start production in November.Earnings before interest and tax (EBIT)…
Dutch offshore access provider Ampelmann has secured a contract to supply a walk-to-work (W2W) transfer system for US based marine transportation company Harvey Gulf to be used during maintenance work at an oil and gas platform in the Gulf of Mexico…
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