A robust mergers & acquisitions market in the latter half of 2011, particularly in midstream, bodes well for deal making in 2012, according to Deloitte's Center for Energy Studies. But world events could throw a wrench into the M&A machine, as Russell McCulley reports…
In a world where two things are certain – death and taxes – Arctic exploration does offer a certain amount of certainty: just a little bit of information can completely alter the way the industry views a specific Arctic area. Industry leaders…
Despite some concerns over the global economic outlook, oil & gas industry leaders are expecting improved performance and higher capital expenditures in 2012, according to an annual survey of top industry executives and directors.The study, Big…
A new line of fire-resistant cables, developed by Keystone with input from engineers, consultants and contractors involved in Chevron’s Gorgon LNG project, will feature on the Westrade Australia stand at this month’s Australasia Oil & Gas show (Perth…
James Tuppen (pictured) has joined Wild Well Control as manager, international well control operations. Tuppen, a 30-year veteran of oil & gas industry snubbing services, pressure control and well control operations, will operate globally…
Mark Denkowski (pictured) has been promoted from MD to VP accreditation and certification programs at the International Association of Drilling Contractors. He joined the IADC last year following a 30-year drilling industry career that included working offshore for Smedvig Asia…
ITF last month outlined the specific challenges that its membership of operator and service companies want to see tackled as priorities in 2012. Up to 100% funding will be available for the right solutions to some of the industry's most pressing challenges…
The complexity and sheer scale of Total's Pazflor project in block 17 offshore Angola – the field covers 600km2, six times the surface area of Paris – was outlined at the recent Subsea Europe conference in Paris by Laurent Villard, the operator's SURF installation engineering leader…
Weatherford has taken delivery of the first ten of 14 Atlas Copco XAS 186 portable energy compressors ordered for Middle East cementing operations offshore and onshore. Eight of them feature special skid frames and additional ‘add ons’ specified…
Danny Murray (pictured) has been appointed to the newly created position of business development manager for the Middle East and North Africa at TWMA, which recently announced plans to set up a base in Dubai. He previously worked for R&M Energy Systems and Varco.
Rami Miled has been appointed HB Rentals’ BDM for the Middle East and North Africa, based between the company’s facilities in Abu Dhabi, Dubai and Sharjah.
Vikas Shangari has joined Stats Group as BDM for the Middle East. He was previously Qatar country manager for Hydratight. Aberdeen-based Stats is in the process of establishing a business unit in Doha, Qatar, and a branch in the UAE.
With 22 active heave compensated (AHC) cranes ranging from 10t to 250t currently operational on its vessels and another 17 on order, French offshore service provider Bourbon Subsea Services considers itself something of an authority on AHC crane capabilities…
Hunting has completed the acquisition of Specialty Supply for an initial cash consideration of $31 million. Located in Houston, Specialty manufactures precisionmachined MWD parts used in directional drilling markets worldwide.Lankhorst Mouldings and…
In its drive to improve and align safety and competence standards in the global oil and gas industry, Opito International has commissioned new research to discover how companies are assuring the workforce is competent, rather than simply compliant…