Houston headquartered Apache Corporation has shaken up its leadership team and regional operating structure to 'streamline' the business, including creating an 'offshore' division. The move includes creating 'more integrated, super-region structures…
Gregory Hale walked the aisles at this year’s Offshore Technology Conference to find out what moves the industry is making toward automation. OTC conference floor. Automation…
With a mean estimate of 23.6 billion bbl of undiscovered, technically recoverable conventional oil in the Beaufort and Chukchi seas, the Arctic could be one of the last big finds. Heather Saucier examines what is at stake on the US side. Source…
John Bradbury reports on new equipment designs for risers and umbilicals from DeepFlex and Technip, which the two top-tier players say can stretch the performance envelope. Umbilical spools on Technip Umbilicals’ quayside in Newcastle…
Tidal and wave energy projects are getting grid-wet this year, yet there’s still more to learn. Emma Gordon reports from All Energy. An OpenHydro device. Image from OpenHydro. The…
Following Mexico’s historic energy reforms, Fernando C. Hernandez of Reaching Ultra, discusses what is still needed in order to make Mexico a major deepwater player. Fig. 2: The Perdido Hub as seen from a crew boat…
Keppel FELS in Singapore is on track to deliver three KFELS B Class jackup rigs to Mexico's Grupo R, the company announced on 30 May, following a triple naming ceremony. Built to Keppel's proprietary KFELS B Class design, the three identical rigs were named CANTARELL I…
Murphy Oil completed and achieved first production at its Medusa SS #6 well in the Gulf of Mexico, according to partner W&T Offshore. Medusa SS #6 is located in the Medusa Field, in Mississippi Canyon 538/582 approximately 100m south of New Orleans…
Statoil will make its first moves into Nicaraguan waters after the country awarded the Norwegian explorer four licenses off its Pacific coastline. The 29 May announcement came after meetings last September where delegates from Statoil and the state oil company…
W&T Offshore encountered hydrocarbon pay at Ewing Banks 910 with the successful drilling and evaluation of the Ewing Banks 910 A-5 ST well in the Gulf of Mexico. The company logged 160ft of gross hydrocarbon interval and is currently completing the well…
Producing oil and natural gas safely and responsibly in the Arctic will strengthen America’s economy and national security, API said in comments to proposed regulations for operations offshore Alaska. “Producing more energy here at home creates new job opportunities and makes us more secure…
Seadrill’s 1Q 2015 results showed the company’s revenue at US$1.244 million, down just 1.36% from $1.261 million in 4Q 2014. The West Jupiter. Image from Seadrill. Operating profit skyrocketed to a whopping 35…
The National Transportation Safety Board (NTSB) is naming Shell as being ultimately responsible for the grounding of the Kulluk ice-class mobile offshore drilling unit (MODU) in 2012 offshore Alaska, due to the company’s inadequate assessment of the risk for the towing…
Producing oil and natural gas safely and responsibly in the Arctic will strengthen America’s economy and national security, API said in comments to proposed regulations for operations offshore Alaska. Image from CGG…
Penspen, a provider of engineering and management services to the energy industry, appointed Carl Mook as the new executive vice president (EVP) asset management and asset integrity and regional director of the Americas. In his new EVP role…
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