Oilfield services giant Schlumberger has acquired Aberdeen-based Peak Well Systems (Peak), a specialist in the design and development of advanced downhole tools for flow control, well intervention and well integrity. Peak Well Systems…
GEODynamics has acquired Paradigm GeoKey’s Aberdeen, Scotland-based perforating business unit effective 1 January 2017. As a result of the transaction, GEODynamics, Inc. has established its UK operating company. Chris Chalker, former managing director of Paradigm GeoKey…
The American Petroleum Institute’s (API) 2017 State of American Energy report made a clear statement: energy is everything. Image of Gerard, from API. API President and CEO Jack…
Hansa Heavy Lift (HHL) has successfully transported two ship-to-shore (STS) cranes via the Northern Sea Route (NSR), relocating them from the port of St. Petersburg to the port of Vostochny, spanning both the European and Far East regions of Russia…
LQT Industries, a service provider and construction company, has been awarded five insulation projects in the Gulf of Mexico (GoM) from major oil and gas companies. These projects consist of the execution of projects on offshore platforms…
Houston’s Cobalt International Energy encountered “encouraging” results at its North Platte #4 appraisal well in the deepwater Gulf of Mexico, and is preparing for a geologic sidetrack for further analyzation. Image of the Rowan Reliance…
Saudi Aramco has awarded McDermott International a contract for the engineering, procurement, construction and installation (EPCI) of four jackets and three gas observation platforms, offshore Saudi Arabia. The total weight of all structures combined is 11…
ExxonMobil and Rex W. Tillerson will cut all ties to comply with conflict-of-interest requirements associated with Tillerson’s recent nomination to lead the US State Department. Image of Tillerson…
Vaalco Energy has appointed Cary Bounds as its new chief executive officer (CEO) and board member of the company effective 29 December 2016. Bounds has been serving as the chief operating officer (COO) for Vaalco for the past 18 months and as the interim CEO for the past five months…
Heavy lifting specialist Mammoet has completed the load-out of the 14,273-ton integrated topside module (ITM) for the Jangkrik floating production unit (FPU) in Karimun Island, Indonesia. Image of Jangkrik…
Dr Tony Trapp, executive chairman of Osbit and leading figure in the north east England offshore industry, has been awarded the Member of the Most Excellent Order of the British Empire (MBE) in the 2017 New Year’s Honors. Trapp has been…
Norwegian oil firm Statoil has set out its plans to drill around 30 exploration wells, in up to 11 countries on five continents, as operator and partner, in 2017 - an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS)…
Prosafe’s Safe Notos semisubmersible accommodation vessel started its contract for Petorbras early last month, offshore Brazil. The Safe Notos is under a three-year, 222-day contract with the Brazilian giant. Work began on 7 December at a dayrate of US$189…
Mermaid Maritime is at the chopping block again with China Merchants Industry, as the Thai company axes an additional two newbuild contracts with the shipbuilder. Illustration of the MTR-3 rig…
Mermaid Maritime’s Indonesian business unit PT Seascape Surveys Indonesia has agreed an additional one-year charter for the DP2 multi-purpose support vessel (MPSV) Resolution. The Resolution is a remotely operated vehicle and air diving support vessel…
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