Baker Hughes Inc. issued the November 2014 international rotary drilling rig count today, showing a total of 1324 rigs operating worldwide in November 2014, outside of the US & Canada. International activity in November was up 16 rigs from the 1308 rigs drilling in October 2014…
Ensco has promoted Carey Lowe to executive vice president, reporting directly to CEO and President Carl Trowell. He will be responsible for overseeing investor relations, public relations, employee communications and branding, led by vice president Sean O’Neill…
Saipem received a 'notification of suspension of marine spread activities,' which covers all vessels currently engaged in activities related to Gazprom’s South Stream pipeline project, including the Saipem 7000 J-Lay vessel. Image…
Norwegian giant Statoil announced it is extending the suspension periods for three of its semisubmersible rigs due to overcapacity. The COSL Pioneer. From Ole Jørgen Bratland, Statoil. The COSL Pioneer…
After one of the biggest merger deals of the year, Halliburton is moving forward with the announcement of its new board of directors, beginning with the appointment of Mark McCollum as executive vice president and chief integration officer…
Ophir Energy signed a production sharing contract (PSC) with the Myanmar Ministry of Energy to finalize the award of Block AD-03, offshore Myanmar. Upon the terms of the agreement, Ophir will be the operator with a 95% interest in the 10…
Hassan Basma, the chief executive officer (CEO), and executive director of Bumi Armada Berhad is leaving the company for personal reasons. Basma. From Bumi Armada. The board of directors…
Petróleos Mexicanos (Pemex) and India’s Reliance Industries (RIL) signed a memorandum of understanding (MOU), in which both companies will explore business opportunities in exploration, production, refining and industrial processing in Mexico…
Russian authorities confirmed the reserves in the Pobeda oil and gas field, located on the Kara Sea shelf, Rosneft announced. The field was discovered through the Universitetskaya-1 well. The gas reserves were discovered in the chalk deposits of Cenomanian Age and Apt-Alb Age…
Statoil plans to pump an additional NOK20 billion (nearly US$2.9 billion) in its Hammerfest LNG plant in Melkoya to increase its production capacity, Norwegian news service NRK has reported. A new pipeline and compression facility are envisioned for the plant…
Ceona christened its flagship vessel, the Ceona Amazon, in Bremerhaven, Germany. Image from Ceona. The Ceona Amazon is 199.4m long and 32.2m wide, drawing 8m with a gross tonnage of 33…
Lloyd’s Register Energy has launched a new risk-based Technology Qualification Guidance Note that aims to minimize risks and uncertainty of novel designs, concepts or applications not covered by existing rules, industry codes or best practice…
Phoenix, Arizona-headquartered Freeport-McMoRan boosted its production estimates on both its Holstein Deep and Dorado developments in the Gulf of Mexico, the company announced on 4 December. Freeport-McMorRan said it expects to achieve 30…
Stone Energy’s Cardona deepwater development in the US Gulf of Mexico came online in November ahead of its sanctioned schedule and under budget. Image from Stone Energy. Cardona is located…
Searcher Seismic, in conjunction with project partner MAGE, is conducting a 2D seismic survey off western Ireland. Map of Echidna Regional Broadband 2D seismic survey. From Searcher Seismic. The Echidna…
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