St. Louis-based technology firm Emerson Electric has once again offered to buy Milwaukee-based Rockwell Automation, this time proposing to acquire all of Rockwell’s outstanding shares in a deal valued at $29 billion. David N…
Lux Assure has re-developed its CoMic technology to create an operator-deployable corrosion inhibitor micelle detection tool. The development of CoMic was inspired by technologies being used in the life sciences and was first deployed in 2012…
Just months after GE and Baker Hughes completed their high-profile merger in July this year, GE's new CEO John Flannery has told investors on 13 November that the company is looking at its exit options regarding the newly combined business…
Trilateral cooperation between the US, Canada, and Mexico is needed, says US Energy Secretary Rick Perry. Rick Perry. Photos from OE Staff. Perry was speaking at the University of Houston’s…
The tanker destined for ExxonMobil's Liza Phase 1 project, offshore Guyana, has arrived at Keppel's shipyard in Singapore, SBM Offshore announced today (14 November). SBM has said that the tanker's arrival marks the start of the FPSO conversion phase…
Dutch firm OOS Energy, part of OOS International Group, has revealed a new vessel concept, the Multi Activity Unit (MAU), a self-propelled, dynamically positioned jackup capable of performing a wide range of services. OOS Energy says…
Canadian Overseas Petroleum says it and its partner ExxonMobil on block LB-13, offshore Liberia, West Africa, are to relinquish the block. The two have elected not to enter into third exploration period and surrendered their rights to the LB-13 license…
Australian operator Northwest has signed a contract with ENSCO for use of the ENSCO 10 jackup to drill the Dorado-1 exploration well in exploration permit WA-437-P in the North West Shelf of Australia, according to partner Carnarvon Petroleum…
Noble Energy has chosen Gate Energy to provide facility commissioning for the Leviathan platform offshore Israel. The scope includes topside commissioning planning, onshore commissioning execution and offshore commissioning services of the production platform…
Africa Oil Corp. (AOC) and Eco (Atlantic) Oil and Gas are forming a strategic partnership for exploration in West Africa and Guyana. Under the terms of an investment agreement, AOC has agreed to acquire a 19.77% shareholding in Eco through the purchase…
Workers at a fabrication yard in Scotland will continue working without pay so that their employer can complete a contract, according to the BBC. Burnt Island Fabrications, or BiFab, in Fife, told staff yesterday it didn't have enough cash to pay them…
Hess has shut in production at its Baldpate, Conger and Penn State fields in the deepwater Gulf of Mexico in response to the fire that occurred last week at the Shell-operated Enchilada platform. The Llano field…
Pacific Drilling has filed for Chapter 11 bankruptcy 'to pursue a comprehensive restructuring' of its approximately US$3 billion in outstanding funded debt. The international drilling contractor reported on 12 November that it planned…
Halliburton business Sperry Drilling announced today (13 November) the release of JetPulse high-speed telemetry service, which provides consistent, high-data rate transmission of drilling and formation evaluation measurements. This new telemetry…
Shell took another step towards completing its three-year, US$30 billion divestment program by selling shares in Woodside Petroleum to equity investors. Shell subsidiary, Shell Energy Holdings Australia, initially said today (13 November)…
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