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SUNY Maritime names Alfultis president

Jun 17, 2014

Dr. Michael A. Alfultis, a retired US Coast Guard captain, and the director and chief administrative officer of the University of Connecticut’s Avery Point campus, has been named as the next president of the SUNY Maritime College in Fort Schuyler…

Sonardyne introduces academic discounts for US scientific research

Jun 17, 2014

Marine science and ocean research programs across the United States are set to benefit from access to more affordable underwater technology thanks to a new discount scheme introduced by Houston-based Sonardyne Inc. Under the terms of the company’s Academic Discount Partnership…

BP, CNOOC sign 20-year LNG deal

Jun 17, 2014

BP and the China National Offshore Oil Corp. (CNOOC) signed a heads of agreement regarding the supply of up to 1.5MTPA of liquefied natural gas (LNG) over 20 years starting in 2019, the supermajor announced on 17 June 2014.  The agreement…

Karoon releases Pharos-1 progress report

Jun 17, 2014

Karoon Gas Australia Ltd. announced on 16 June that the Pharos‐1 well, located offshore Western Australia, was drilling ahead at 4570 mRT in the 8½-in. hole section. Since last reported on 30 May, the 12¼-in. hole section was drilled 1719m from the 133⁄8-in…

Shell cuts stake in Woodside

Jun 17, 2014

Royal Dutch Shell is selling a major portion of its stake in Australia's Woodside Petroleum Ltd., raising AU$5.7billion. Shell is selling 9.5% back to Woodside, and another 9.5% to institutional investors, at a small discount to the closing share price on 16 June 2014…

Noble Energy acquires Atwater Valley acreage

Jun 17, 2014

Noble Energy, Inc. announced on 16 June that it has reached an agreement with BP Exploration & Production Inc. to acquire interest in 17 deepwater exploration leases located in the Atwater Valley region of the Gulf of Mexico (GOM).  According to the terms of agreement…

Analyst weighs in on Lebanon

Jun 17, 2014

With attractive exploratory potential, the Levant basin off Lebanon, presents an opportunity for international oil companies (IOC) to position themselves in the promising eastern Mediterranean region, an analyst with research and consulting firm GlobalData says…

DNV GL's Carlsen honored at OTC

Jun 17, 2014

The Offshore Technology Conference (OTC) honored Carl Arne Carlsen, senior vice president and member of the Governing Board at DNV GL, with the Distinguished Achievement Award for Individuals at the 2014 conference in Houston this May…

ION finalizes OceanGeo acquisition

Jun 17, 2014

Houston-based ION Geophysical Corp. has agreed to acquire 100% ownership of ocean bottom seismic acquisition company OceanGeo BV. In February 2013, ION acquired 30% of OceanGeo, then increased its ownership to 70% in January 2014…

Automation's growth curve

Jun 17, 2014

When a feature published in 2008 speculated that “offshore platforms could soon be run by robots alone, with human beings staying on land,” a commenter in an online discussion group at gCaptain.com dismissed the idea: “I think our ET’s and mechanics will have a job for quite some time…

BG sells North Sea pipeline stake

Jun 17, 2014

BG Group has agreed to sell its equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners for £562 million (US$954 million). Under the agreement…

First oil off East Africa touted

Jun 17, 2014

BG Group has made the first oil discovery off East Africa, according to a partner on the Sunbird-1 exploration well.  Pancontinental Oil and Gas said a 14m gross oil column was found beneath a 2936m gross gas column in a reefal limestone…

Safety first, for industrial coatings

Jun 16, 2014

Industrial facilities turn to safer, more effective inorganic coatings to reduce risk of severe injury and death of coating contractors. For decades, industrial facilities have measured the effectiveness of a coating by its ability to prevent corrosion…

OceanGeo completes OB cable survey off Trinidad

Jun 16, 2014

OceanGeo BV completed an ocean-bottom cable seismic survey in the Gulf of Paria off Trinidad for the state-owned Petroleum Co. of Trinidad and Tobago Ltd. (Petrotrin). The work began 2 Jan 2014 and the wide-azimuth acquisition work was completed on 30 May 2014…

MedcoEnergi returns to Tunisia

Jun 16, 2014

Indonesian based MedcoEnergi announced it has reached an agreement to acquire 100% ownership of Storm Ventures International Ltd. (SVI) for a base purchase price of US$ 114.03 million, excluding an amount payable for working capital which is subject to a customary post-closing adjustment…

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Perenco Brings Woodside’s Trinidad Oil and Gas Assets Into Its Fold

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Germany’s SEFE Inks Three-Year LNG Supply Deal with ADNOC

Germany’s SEFE Inks Three-Year

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