Mexico’s ALFA S.A.B. and US-based Harbour Energy are terminating the proposed US$5.3 billion acquisition of Toronto-based Pacific Rubiales Energy. Image from Pacific Rubiales. 'The…
Oil and gas companies are still testing the waters offshore New Zealand when it comes to production, and little has been done off the islands in the exploration arena. Māui A platform. Images from NZP&M/ Rob Tucker…
The Research Council of Norway has through its Petromaks 2 program awarded 4Subsea funding for a research initiative on corrosion in flexible pipes. The initiative aims at developing new and improved ways of assessing structural integrity…
Shell is on the brink of Arctic exploration after the 9th US Circuit Court of Appeals upheld the US Bureau of Safety and Environmental Enforcement’s (BSEE) approval of the US supermajor’s oil spill response plan (OSRP) on 11 June. The Noble Discoverer…
Well Flow International named Osama M. Hasan Baiej as its vice president of business development for the Arabian Gulf and North Africa. Baiej has more than 15 years of experience in business development and strategy, oilfield services…
Technip has won the contract to provide detailed engineering and procurement services for the topsides of what will become a floating production and offloading (FPSO) for Brazil's multi-billion barrel pre-salt Libra field. The FPSO, which will be a conversion from a shuttle tanker…
Drilling to further grow the resources around the Njord field in the Norwegian Sea has started, with more expected this year, helping firm up plans for the greater Njord area, according to partner Faroe Petroleum. Concept selection for…
Upstream oil and gas deals activity, including capital markets and mergers and acquisitions, totaled US$23.5 billion from 114 transactions in May 2015, an almost $75 billion drop in value from the $98.4 billion achieved across 111 deals in April 2015…
Richard D'Souza Richard D’Souza’s career reads like a history of offshore energy development. Jeannie Stell gets his perspective. Reading the resume of Richard D’Souza, current vice president of Granherne Global Operations…
Speaking this week as the 2015 recipient of the Energy Institute (EI)'s Cadman Award, Malcolm Brinded, chairman of Shell Foundation, has called for increased focus on breakthrough technology and business innovations to respond to the challenges of international development…
Supermajor BP is a step closer to starting up its US$7 billion (£4.5 billion) west of Shetland Clair Ridge development after a major heavy lifting installation campaign. BP, with partners ConocoPhillips, Chevron and Shell, oversaw the…
Plexus Holdings will launch its new POS-GRIP Python subsea wellhead during SPE Offshore Europe on 8 September 2015. The new Python subsea wellhead was designed to address key technical issues and requirements highlighted by regulators following…
Dolphin Geophysical is initiating seismic operations on the North West shelf with a large 3D SHarp Broadband Multi-Client survey covering approximately 15,000sq km, offshore Australia. Sanco Swift…
A total of 12 groups are challenging the US Department of Interior’s (DOI) decision to reaffirm the 2008 Chukchi Sea lease sale that will allow oil and gas drilling in a nearly 30 million acre area of the Chukchi Sea outer continental shelf (OCS)…
AFGlobal Corp. appointed Curtis Samford as the company’s new president and chief executive officer. Samford joined the company in 2012 as president - oil and gas and was later promoted to chief operating officer in July 2013. Samford…
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