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BP appoints former MI6 chief to board

May 14, 2015

BP has appointed a former MI6 chief to its board of directors, the firm announced this morning.  Former Chief of UK Secrete Intelligence Service MI6, Macro Advisory Partners chairman Sir John Sawers (pictured left) has been appointed a non-executive director of the oil major…

Providence narrows focus on Polaris

May 14, 2015

Offshore Ireland focused Providence Resources is narrowing its focus on to the Polaris oil prospect after a survey over its Rathlin Basin license. The firm has relinquished some 70% of the 100% operated license, P1885, containing Polaris…

RINA buys Houston's QIC

May 14, 2015

International testing, inspection, certification and consulting engineering group RINA has acquired Houston-based QIC as part of its strategy to expand and internationalise services to the oil and gas industries.  QIC is a leading testing…

Drydocks wins Layang FPSO turret contract

May 14, 2015

Drydocks World is to build an external turret mooring systems for JX Nippon’s Layang field floating production vessel offshore Malaysia.  Under a contract with UK-based naval architects Orwell Offshore, Dubai-based Dydocks World is expected to supply the turret system by Q1 2016…

OTC 15: Shell talks Arctic plans

May 13, 2015

Shell’s Executive Vice President, Arctic, Ann Pickard discussed the supermajor’s investment and current challenges facing its Arctic exploration program at this year’s Offshore Technology Conference (OTC) in Houston on 5 May 2015. In the summer of 2015…

Mayer Brown: How to survive low oil prices

May 13, 2015

With West Texas Intermediate trading at US$60.13/bbl and NYME natural gas set at $2.94/MMBtu, hydrocarbon producers are looking for ways and means to survive the low price environment. Some of those that are best weathering the storm are those that made specific choices before the fall…

Inmarsat, Intellian team up on broadband solution

May 13, 2015

Mobile satellite communication services provider Inmarsat announced that the Global Xpress (GX) and FleetBroadband terminals –manufactured by Intellian – are approved for use with FleetBroadband Xtra. Designed to enable high-speed broadband connectivity…

McDermott cuts nearly 1700 jobs

May 13, 2015

Houston-headquartered engineering firm McDermott has made nearly 1700 job cuts following a review of the company's cost structure. The firm says 475 were cut up to March, through organizational efficiencies, which have helped save some US$27…

Centrica awards Atkins decommissioning work

May 13, 2015

Engineering and project management firm Atkins has own a pre-front end engineering and design decommissioning contract with Centrica Energy. The five-year agreement will see Atkins provide UK-based Centrica with engineering and design services…

Ocean Victory arrives in Trinidad and Tobago

May 13, 2015

Diamond Offshore's Ocean Victory semisubmersible drilling rig has arrived in Trinidad and Tobago to start drilling operations for BP.   The rig, which is currently taking on personnel, equipment and supplies, in port, is due to move to the Juniper field…

Solan on for 2015 first oil

May 13, 2015

Premier Oil is planning to make sanction decisions on its Falkands Sea Lion and Norwegian Vette developments in 2016, the operator said this morning.  The plans come as the firm says it is making “improved progress” on the completion…

MEO receives NT/P68 extension approval

May 13, 2015

The National Offshore Petroleum Titles Administrator (NOPTA) has granted a six-month extension to the permit year 5 of NT/P68 located offshore northern Australia, said MEO Australia Ltd.  Permit year 5 will now end 26 October, plus give…

IOG remapping SNS

May 13, 2015

UK-based Independent Oil and Gas has started a 3D seismic remapping project over its southern North Sea gas portfolio. The project is being carried out on a phased basis, with the first results expected by the end of May. The first phase will cover IOG's core southern North Sea area…

BP awards Trinidad & Tobago work

May 13, 2015

Massy Wood Group has been awarded a five year contract, worth up to US$250 million, by BP to provide services to its operations in Trinidad & Tobago. The company, which is jointly owned by UK-based Wood Group PSN (WGPSN) and the energy division of Massy Holdings…

CGG broadens Norwegian seismic net

May 13, 2015

French seismic firm CGG has launched a western extension of the Horda BroadSeisTM-BroadSourceTM 3D multi-client program it began acquiring in the Northern North Sea offshore Norway in 2014. The extension, known as Tampen, is in the Northern…

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