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Kevin Stewart talks well integrity

Jun 17, 2013

There’s been a much greater focus on well integrity since Macondo. However, well integrity is still viewed as a reactive process, with an increased focus on well monitoring and problems dealt with only after occurring. There is a real need…

Peter B. Flemings talks complexity of well design and drilling

Jun 17, 2013

The complexity of well design and drilling requires teams of talented individuals, yet individual decisions can make or break a well. We have learned that any individual on the team can be liable for the well and that we need even stronger…

UTC: Capacity biggest challenge

Jun 17, 2013

Engineering capacity and a lack of standardization are serious challenges to the subsea industry, says a keynote speaker at this week's UTC in Bergen. Werner Menz, president subsea controls in newly formed joint venture OneSubsea, says…

Shell joins Ithaca in North Sea

Jun 17, 2013

UK-based exploration firm Ithaca Energy has agreed farm-out deals with Edison International and Shell on North Sea blocks. Shell is to take a 50% stake from Ithaca in production license P2048, covering central North Sea blocks 29/24, 29/25…

Middle East expansion for Archer

Jun 17, 2013

Oilfield services firm Archer is expanding its coverage in the eastern hemisphere region with the opening of a support office in Dubai, United Arab Emirates (UAE), a downhole tool repair center in Jebel Ali, UAE and a country office in Doha…

Sakhalin II exports LNG

Jun 15, 2013

Sakhalin-II is an intergrated, export-oriented oil and gas development, and Russia’s first offshore gas project. It handles production from Piltun-Astokhskoye oil field and the Lunskoye natural gas field in the Okhotsk Sea, and is managed and operated by Sakhalin Energy Investment Co…

CEO Updates

Jun 14, 2013

Chesapeake Energy Corp. chose Robert Douglas Lawler, Anadarko’s senior vice president of international and deepwater operations, to replace Aubrey McClendon. Svein Arild Killingland joins Norwegian Energy Co. (Noreco) as its CEO, succeeding Einar Gjelsvik…

Christopher Wiernicki, new chairman of ABS and ABS Group, celebrates 20 years this year

Jun 14, 2013

Last month, Christopher J. Wiernicki, President and CEO of ABS added the title of chairman to his credentials after the boards of both ABS and ABS Group of Companies announced the dual appointments. He replaces former chairman Robert D. Somerville…

DeepOcean UK announces it has acquired 50% interest in ADUS

Jun 14, 2013

DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, announced that it has acquired a 50% interest in 3D sonar visualization firm, ADUS, to form ADUS DeepOcean Ltd. Bart Heijermans, DeepOcean Group Holding BV CEO says, “This acquisition…

Ecolab Inc closes acquisition of Champion Technologies

Jun 14, 2013

Ecolab Inc closed its acquisition of Champion Technologies and its related company Corsicana Technologies for $2.3 billion. “Champion strengthens our position in the fast-growing oil and gas services industry. It bolsters our ability to better…

PGS unveils its Ramform Titan platform in Nagasaki, Japan

Jun 14, 2013

PGS unveiled its Ramform Titan platform in Nagasaki, Japan. The platform has a 70m broad stern and is equipped with 24 streamer reels, 16 reels aligned abreast and 8 reels further forward. “The Ramform Titan will spend her first season working on multi-client projects in the North Sea…

Total Gabon contracts two Smit Lamnalco vessels

Jun 14, 2013

Total Gabon contracted two Smit Lamnalco vessels, the SL Gabon and SL Libreville for a five-year period. The vessels will support offshore oilfield activities and tanker operations at the terminal of Cap Lopez, Port-Gentil. “These two state…

McDermott International Inc. acquires outstanding shares of DeepSea operating companies

Jun 14, 2013

McDermott International Inc. acquired all outstanding shares of the DeepSea operating companies. “The acquisition of DeepSea by McDermott enables us to offer a greater number of subsea engineers with broader specialist services to reinforce our own engineering…

Tidewater Inc. has enters into agreement with HitecVision to purchase Troms Offshore Supply AS

Jun 14, 2013

Tidewater Inc. has entered into an agreement with HitecVision to purchase Troms Offshore Supply AS for about $395 million. The acquisition will expand Tidewater’s global footprint into the Norwegian sector of the North Sea and supplement…

IADC North Sea Chapter Safety Awards

Jun 14, 2013

The International Association of Drilling Contractors (IADC) North Sea Chapter Safety Awards celebrated its member companies for safety performance in 2012. Northern Offshore and Ensco won in the jackups category while Noble Drilling and Stena Drilling were acknowledged for semisubmersibles…

Current News

Transocean to Acquire Valaris for $5.8B

Transocean to Acquire Valaris

ADNOC, RWE Explore LNG Supply Deal as Germany-UAE Deepen Ties

ADNOC, RWE Explore LNG Supply

Eni’s Congo LNG Phase 2 Begins Exports with First LNG Cargo (Video)

Eni’s Congo LNG Phase 2 Begins

Perenco Installs Kombi-II MOPU Offshore Congo

Perenco Installs Kombi-II MOPU

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