Summit ESP has launched its Sentry Well Surveillance services, a real time electrical submersible pump (ESP) and optimization service. Summit ESP Sentry is a holistic approach to well surveillance backed with 24/7/365 monitoring services designed to increase production…
Aqualis Offshore is to open an office in Busan, South Korea, following increased demand for the company’s services. “Over the past few months we have received an increasing number of work requests from oil services companies, rig operators…
Well Flow International named Osama M. Hasan Baiej as its vice president of business development for the Arabian Gulf and North Africa. Baiej has more than 15 years of experience in business development and strategy, oilfield services…
Seatronics appointed Phil Middleton as its new group managing director. Middleton will be responsible for managing and developing Seatronics’ global business with a particular focus on long-term growth, strategy and compliance. Middleton says…
After five years, BP reached a US$18.7 billion settlement agreement for the Deepwater Horizon disaster that the UK supermajor will pay over an 18-year period. Transocean's Deepwater Horizon before the explosion…
Det norske completed the drilling of appraisal wells 16/1-22 S, 16/1-22 A and 16/1-22 B on the Ivar Aasen field, according to the Norwegian Petroleum Directorate. The field is in the central part of the North Sea and was proven in 2008…
Danish software company SafeEx has launched the second generation of the SafeEx Software. The new version of the software is tablet-based and makes it both easier and more efficient to carry out Ex-inspections, as the technological functionalities…
Emerson Process Management has acquired Norwegian company Yggdrasil, a provider of flow assurance and production optimization software. Emerson will incorporate Yggdrasil’s METTE production optimization solution into the Roxar reservoir management software portfolio…
The Norwegian government has proposed how to divvy up stakes in the giant Johan Sverdrup field, with Det norske losing out. How to divide up the field has been in despute since earlier this year, resulting in a delay to the government's…
Energy XXI has closed on the sale of the East Bay Field for US$21 million to a private buyer. In addition, Energy XXI will retain a 5% overriding royalty interest on these assets for a period not to exceed five years from the closing date…
John Hogg, president at Skybattle Resources in Calgary, Canada, has assumed the presidency of the American Association of Petroleum Geologists (AAPG). Hogg, a native of Hamilton, Ontario, is an AAPG honorary member who previously…
Endeavor Management released a proposal for a joint industry project (JIP) to support the industry’s need for global best practice development in subsea decommissioning. The genesis of this JIP is the work completed for Petrobras by Endeavor…
Royal Dutch Shell made the final investment decision (FID) to advance the Appomattox deepwater development in the Norphlet formation in the Gulf of Mexico (GOM). The project includes the construction and installation of Shell’s eighth and largest floating platform in the GOM…
Diamond Offshore’s Ocean America semisubmersible is mobilizing to drill the first well for Karoon Gas Australia in the northern Carnarvon basin exploration permit WA-482-P offshore Western Australia. The Levitt-1 exploration well is expected to be spud during the first week of July 2015…
Electromagnetic Geoservices (EMGS) entered into two new data licensing agreements for the provision of 3D EM data from EMGS' multi-client data library in the Barents Sea. The agreements are worth a total of US$2 million. The multi-client revenues will be booked in the 2Q 2015…
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