McDermott International Inc. announced that Tony Duncan will join the company as Vice President and General Manager, Subsea on 1 April 2013.Tony Duncan (Image: McDermott)“In this role, Tony is responsible for driving and growing our global Subsea business…
The Norwegian Petroleum Directorate’s (NPD’s) mapping of the southeastern Barents Sea and the area surrounding Jan Mayen will result in an approximate increase of 15% in the estimates of undiscovered resources on the Norwegian shelf.This…
On 15 Feb 2013, Colombia's Ecopetrol SA announced its proven reserves (1P, according to the international designation) of crude oil, condensate and natural gas, including its interest in affiliates and subsidiaries, as of December 31, 2012. Proven net reserves (1P) increased to 1…
Compressor order from Petrobras for Santo Basin FPSOsA crane loads a two-stage screw compressor unit with noise control enclosurefor offshore useSix two-stage screw compressor units for six offshore oil production installations, known as FPSO (floating production…
Hyperdynamics cheered by updated Guinea studyMap of Guinea (Image: Dana Petroleum)Netherland, Sewell & Associates, Inc. (NSAI), completed an updated resource evaluation study for Houston-based Hyperdynamics Corp.'s oil and gas concession off the Republic of Guinea…
Aker Solutions acquired Canadian firm AKCS Offshore Partner. The company said the buyout supports planned future growth in North America as well as expansion into the St John’s, Newfoundland & Labrador, and Atlantic Canada market. AKCS was formed by Aker Solutions…
As oil and natural gas production continues to fluctuate at a level well below demand, John Mueller looks at New Zealand’s growing need to aggressively explore the nation’s vast and extensive offshore sedimentary basins.Taranaki Basin, located along the west coast of New Zealand’s North Island…
Following the delivery of its flagship combined pipelay and heavy lift vessel, Seven Borealis, last summer, international diving contractor Subsea 7 continues to expand its fleet. Meg Chesshyre takes a look at recent new vessels ordered by Subsea 7…
Ocean energy is not just in the water. There’s offshore wind, which tends to be steadier than onshore wind. But turbines are harder to build and maintain in a marine environment than they are on land. The Bureau of Ocean Energy Management (BOEM)…
Andrew McBarnet assesses the state of the marine seismic business and where it is going in 2013.Rarely, if ever, can the marine seismic business have been so busy in so many places around the world. Demand for surveys is nearly at an almost all-time high…
Chevron grabs 75% stake in 3 deepwater areasClick to view larger mapChevron subsidiary, Chevron Morocco Exploration Ltd, has signed petroleum agreements with Morocco's Office National Des Hydrocarbures Et Des Mines for three offshore areas…
As Australia grapples with chronic oil production decline in the face of rising imports, the buoyant gas sector offers the prospect of rising revenue from LNG export. John Mueller reports.Eyebrow Natural gas lifts Australian reserves As Australia…
UTEC enlists Stenson and Laing for managementAndrew StensonIndependent offshore survey firm UTEC has announced the appointments of new general managers Jamie Laing and Andrew Stenson in Aberdeen, Scotland and Naples, Italy respectively…
AKCS coup furthers Aker's Canadian expansionAker Solutions strengthens its commitment to the Canadian oil and gas market through taking full ownership of Newfoundland and Labrador-based AKCS Offshore Partner.'The buy-out will support…
Bureau Veritas unveils certification guides Guide on Offshore Wind Farm Project CertificationBureau Veritas Certification France has released a comprehensive Guide on Offshore Wind Farm Project Certification, which allows industry players…
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