The Oil and Gas Climate Initiative (OGCI) has appointed Dr. Pratima Rangarajan as the chief executive officer of its newly-formed investment company, OGCI Climate Investments (OGCI CI). Before joining OGCI CI, Rangarajan was the general…
Accurate 3-D visualization in the OGAVC will aid subsurface oil and gas extraction and carbon storage opportunities. Image from Heriot-Watt University. A major funding package from…
Image of MAN’s standardized and modularized U-Pac. Image from MDT. CNOOC China’s Zhanjiang Branch has commissioned MAN Diesel & Turbo (MDT) to supply a total of six compressor trains…
2H Offshore is seeking additional participants for its recently launched STREAM (Steel Riser Enhanced Analytics using Measurements) joint industry project (JIP). So far, four major oil and gas operators have agreed to participate in the JIP…
Norway’s Petroleum Safety Authority (PSA) has approved Faroe Petroleum to drill two exploration wells at the Brasse prospect in the North Sea, starting next month. Brasse (well 31/7-1) is some 97km west of Øygarden in Hordaland county in production license 740…
Oceaneering International will support the design, fabrication and installation of ancillary flowline hardware at Royal Dutch Shell’s Appomattox development in the Gulf of Mexico. Under the contract, Oceaneering will procure and install pre-lay and post-lay crossing mattresses…
Image of Koos-Jan van Brouwershaven, CEO, Heerema Fabrication Group; and Martijn Smit, general manager, South Atlantic Holding, signing the contract. Image from Heerema. Heerema…
Atlantic Petroleum has completed the sale of its 25% interest of UK license P.1606 Orlando to Decipher Energy. The Orlando project is a planned subsea tieback to the Ninian platform, operated by CNR International. Atlantic will get…
Aker BP has received consent to use the Mærsk Invincible jackup rig for plugging and abandoning wells at the Valhall field. Production from the Valhall DP is scheduled to end in the next few years. Three of the wells are still in production…
Gulf Marine Services is close to putting its new cantilever system on its GMS Evolution self propelled jackup barge into system. The cantilever system will enable the firm to compete for well workover and intervention work that was previously…
Shell has awarded Wood Group a contract in support of its decommissioning the Brent Bravo platform in the UK North Sea. Effective immediately, Wood Group will prepare the platform for removal via a single lift using the Pioneering Spirit heavy lift vessel…
A recent Wood Mackenzie survey finds that 80% of oil and gas operators expect oil prices to reach the US$50-$60/bbl range this year. Despite optimism over oil prices, survey respondents remain very cautious right now, with little appetite for risk…
LQT Industries has been awarded multiple Gulf of Mexico projects including aluminum accommodation rental packages, construction, and refurbishment projects. LQT is providing aluminum accommodation packages for major oil and gas operators on two separate offshore platforms…
Odebrecht has named Luciano Nitrini Guidolin as the company’s new chief executive officer (CEO), replacing Newton de Souza. Guidolin will continue the business restructuring process and meet the challenge of bringing Odebrecht back to…
Premier Oil says it will begin a short subsea tie-in campaign next month at the Varadero prospect, as its Catcher project remains on track to deliver first oil later this year. Image from Premier Oil Premier…
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