With oil prices plummeting to a five year low, and project cut backs likely in 2015, short-term funding for US shale may lose out to the country’s higher cost deepwater developments, the latest article by leading petroleum industry advisor Gaffney…
AVEVA announced a number of improvements to AVEVA NET, its powerful information management software. Customer feedback has already shown that these improvements enhance both overall user experience and productivity, enabling significant…
Husky Energy began production at its Liuhua 34-2 gas field in the eastern South China Sea. The Liuhua 34-2 gas field is in a water depth range of 850-1250m. The gas field consists of one producing well and shares the existing facilities of Liwan 3-1 gas field for overall development…
CAMAC Energy Gambia awarded Polarcus a contract to acquire a 3D seismic survey offshore Gambia, West Africa. The Cajun Express. From FAR. The surveys will cover approximately 1504sq…
Hot on the heels of a new Recommended Practice (RP) for subsea lifting, DNV GL has now published an RP providing guidance on how to establish, implement and maintain an integrity management system (IMS). The aim is to help operators carry…
Norway’s Kleven awarded MacGregor a contract for six comprehensive deck handling equipment packages. Image from Cargotec. The contract will see MacGregor deliver Triplex 42 Multi-deck handlers…
French engineering firm Technip has dropped its big to make an offer for fellow French seismic acquisition and services firm CGG. Technip's shares rose 6% on the announcement, while CGG's dropped 30%. Technip, which first approached CGG over a possible offer on 10 November…
Singapore-based offshore construction and support services firm Swiber Holdings has made its first foray into the offshore oil and gas market in West Africa. The firm has secured an award from a Houston-based oil and gas company to provide engineering…
Chevron North Sea is considering a new bridge-linked platform (BLP) on its Captain field in order to carry out an enhanced oil recovery (EOR) project, using polymers, on the field. Newly formed engineering group Amec Foster Wheeler has…
DONG Energy has appointed a new Group Executive VP and CEO for its exploration and production division to replace Søren Gath Hansen, who is stepping down from the role. David B. Cook, Hansen's replacement, is a 52-year-old American who…
Aker Solutions is to provide engineering, construction and commissioning services for the hook-up phase of the Mariner oilfield development in the UK North Sea under a contract Daewoo Shipbuilding and Marine Engineering worth more than GBP120 million…
Less than one year into his tenure as the President and CEO of KBR, Stuart Bradie will spend up to US$1 billion to streamline and reorganize the energy engineering and construction giant following the results of a strategic review he initiated in June…
SeaBird Exploration has received a memorandum of agreement (MOA) from an unnamed company to acquire up to 45,000km of 2D seismic data in North and South America. Under the terms of the MOA, the company will charter one seismic vessel from SeaBird over a period of approximately 12 months…
Smit Lamnalco is acquiring Pacific Basin's (PB) entire shareholding in PB Towage Australia (PBTA). The deal includes all of PB’s harbor towage operations and 16 harbor tugs, one harbor tug and one barge. The deal is expected to complete…
Blue Ocean Technologies Interchangeable Riserless Intervention System (IRIS) recently intervened on a deepwater production well in the Gulf of Mexico’s Desoto Canyon reaching a record-breaking 8200ft. Image from Blue Ocean…
Subscribe
