Paal E. Johnsen will take the position as investment director in Akastor, and will be a part of the company's executive management team, reporting to the CEO. Johnsen will be based in Oslo, and will start in his position on 1 July 2015 at the latest…
Well Control School (WCS) announced the release of its supervisor-level IADC WellCAP accredited coiled tubing course through its e-learning program, System 21 e-Learning. This course uses advanced instruction and workshops on pressure control methodologies in coiled tubing operations…
ABB Consulting launched a major study on behalf of Decom North Sea (DNS) and Zero Waste Scotland (ZWS) to look into ways of reducing the cost of decommissioning. Image from DNS. The…
Wärtsilä signed a five-year technical management agreement with Golar Management Oslo for delivery of services to Golar LNG - one of the largest independent owners and operators of liquefied natural gas (LNG) carriers in the world. The Golar LNG vessel…
Seaway Heavy Lifting entered into a contract with Cardon IV in Venezuela for transportation and installation of the Perla project gas production platforms complete with tie-in of the subsea infrastructure. The Perla development consists…
Australia's Pancontinental is withdrawing from the BG Group-operated Kenya license L10B and from the production sharing agreement governing L10B. Pancontinental holds a 25% interest in L10B, while BG holds 75%. L10B is immediately south of area L10A…
Canada-based, North Sea-focused independent Iona Energy says production from the E.ON-operated Huntington field is due to return to normal operations as gas export rate restrictions are lifted. The Huntington field, produced via the Voyageur Spirit FPSO…
International oil major Shell has made a US$70 billion cash and share offer for UK-headquartered deepwater and LNG-focused BG Group in what is one of the first supermajor deals since the early 2000s. The move, which offers a 52% premium to BG Group's share price…
London’s Afren is appointing Roc Oil's former Chief Executive Officer (CEO) Alan Linn as its new CEO to take the place of Osman Shahenshah, who was terminated for “gross misconduct” in October 2014. Linn…
Cladtek has chosen to implement Epicor’s enterprise resource planning (ERP) solution Epicor ERP 10. Epicor ERP 10, specifically designed for manufacturing industries, will be adopted by Cladtek users internationally. The most recent features…
After record numbers poured in last year, ONS Norway set for 17-19 August 2015, has been canceled due to low oil prices, low activity and great uncertainty in the industry, which led to a low number of registered exhibitors, the ONS Foundation said on 7 April…
Queiroz Galvão Exploração e Produção (QGEP) awarded the McDermott International and GE Oil & Gas consortium a SURF contract to provide subsea equipment for the early production system (EPS) on the Atlanta field, offshore Brazil. Map from QGEP…
Apache Energy’s Phoenix area off Western Australia is estimated to contain 48-232 MMbbl of contingent and prospective recoverable oil, according to an independent technical advisor. Map from Carnarvon…
KrisEnergy began drilling the Rossukon-3 exploration well in G6/48 in the Gulf of Thailand using Shelf Drilling's Key Gibraltar jackup rig. Gulf of Thailand block map. From KrisEnergy. Rossukon…
Trials of a new subsea dredging system, able to move 1-tonne of rocks on the seabed per minute, have exceeded expectations in testing. The Predator Subsea Dredger, a new concept, underwent a number of trials while fitted to the Triton…
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