LQT Industries, a service provider and construction company, has been awarded five insulation projects in the Gulf of Mexico (GoM) from major oil and gas companies. These projects consist of the execution of projects on offshore platforms…
Houston’s Cobalt International Energy encountered “encouraging” results at its North Platte #4 appraisal well in the deepwater Gulf of Mexico, and is preparing for a geologic sidetrack for further analyzation. Image of the Rowan Reliance…
ExxonMobil and Rex W. Tillerson will cut all ties to comply with conflict-of-interest requirements associated with Tillerson’s recent nomination to lead the US State Department. Image of Tillerson…
Vaalco Energy has appointed Cary Bounds as its new chief executive officer (CEO) and board member of the company effective 29 December 2016. Bounds has been serving as the chief operating officer (COO) for Vaalco for the past 18 months and as the interim CEO for the past five months…
Norwegian oil firm Statoil has set out its plans to drill around 30 exploration wells, in up to 11 countries on five continents, as operator and partner, in 2017 - an increase of around 30% compared to 2016. More than half of the wells will be drilled on the Norwegian Continental Shelf (NCS)…
The past year has undoubtedly been one of the toughest for the oil and gas industry in recent memory. As we enter 2017, we consider three key themes that could shape the industry over the year ahead. A North America-led oilfield services…
Hess is dedicated to bringing its Stampede project online on-time and on-budget, with safety being the key to success. Jerry Lee dives into the finer details of the project, slated for 2018. In September 2016…
Unmanned autonomous systems and the internet of things are two phrases that are bandied about a lot. But, it’s not so often that they have come together and within the marine environment in a project involving offshore industry players – albeit those who also have a foot in the defense sector…
2017 may be the year things start to look up in the oil and gas sector. Audrey Leon speaks with Robin Mann of Deloitte, to get a clearer picture on the activity front. Image from iStock. OE…
Audrey Leon speaks with MJ Hellail, president and CEO of Samoco Oil Tools, to discuss a few of the fit-for-purpose technologies the new firm has launched. Samoco Oil Tool’s Houston facility. Photos from Samoco Oil Tools…
Despite reductions in exploration spend, work goes on. Elaine Maslin speaks with Wood Mackenzie’s Andrew Latham to find out where explorers will aim their drillbits this year. Stena DrillMAX. Photo from Stena Drilling…
National Response Corp. (NRC) has established a Tier 2 oil spill response base in the Bay of Campeche region of Mexico. Driven by new shallow and deepwater drilling developments in Mexico, NRC’s Tier 2 base will support NRC exploration…
In this video, supermajor BP gives a look back at its projects in 2016. Progress was made on several of its projects including Shah Deniz 2 off Azerbaijan, the Southern Gas Corridor pipeline from the Caspian Sea into Europe, Juniper in Trinidad and Tobago, Quad 204 in the UK, and more.
The US Bureau of Ocean Energy Management (BOEM) will offer more than 9000 blocks, spanning more than 48 million acres in the Central Gulf of Mexico (GoM) Lease Sale 247, which is the Obama Administration's final GoM sale in its five year program…
Mexico is delaying the country’s shallow water bid round, Round 2.1, by three months in a move that regulators hope will garner more participation, increased competition and investments. Image of Mexico's deepwater round…
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