Freeport-McMoRan (FCX) plans to merge its oil and gas subsidiary, Freeport-McMoRan Oil & Gas (FM O&G) with the parent company, after its proposed US$2 billion asset sale to Anadarko Petroleum failed to gain support from the company's lenders…
Dresser-Rand, part of Siemens Power and Gas Division, recently delivered power generation equipment for a combined cycle power plant (CCPP) for the Shell Appomattox deepwater oil and gas floating production platform. The platform will be…
Trendsetter Engineering and Add Energy have teamed up to develop the Relief Well Injection Spool (RWIS), designed to enable pumping of up to 200 bbl per minute of kill mud through a single relief well utilizing multiple vessels as opposed to the conventional method of multiple relief wells…
Quest Offshore, recently acquired by Wood Mackenzie in August, outlines the highlights of the global deepwater drilling market, region by region. Melissa Sustaita sets out the details. Top…
io oil & gas consulting, the independent venture backed by GE Oil & Gas and McDermott, has announced the appointment of Richard Dyson as its new CEO. Dyson will be based in io’s head office in The Shard, London and oversee all its global operations including offices in Houston…
Mexico’s Permaducto S.A. de C.V. (Protexa) has awarded Sea Trucks Group a charter for the Jascon 31 for the provision of accommodation and heavy lift services in the Gulf of Mexico. Sea Trucks will provide accommodation and lifting services…
Petronas entered into a deal to license a part of the WesternGeco Campeche wide-azimuth (WAZ) deepwater multiclient seismic survey in the southern Gulf of Mexico. The deal was reached through Schlumberger and Petronas subsidiary, Petronas (E&P) Overseas Ventures…
Shell Canada is moving on to its next prospect in the Shelburne basin, offshore Nova Scotia, after failing to find commercial hydrocarbons at its first exploration well in the program. Map of the Shelburne basin exploration project…
Cautiously optimistic executives expect oil prices to return to US$60-80/bbl – spurring investment and economic growth, according to a new survey conducted by advisory firm Deloitte. The two-year downturn in the oil and gas industry may be coming to a close…
US private investment firm Clayton, Dubilier & Rice (CD&R) has appointed former Statoil and BG Group boss Helge Lund as an operating advisor to CD&R's funds. Lund. Image from BG Group/Shell. Lund…
Supermajor Shell is moving most of its employees in Houston from its downtown location to the west side of the city. The changes, which are expected to take effect in Q1 2017, will move about 3400 employees from the Central Business District…
Halliburton (HAL) has released the Acoustic Conformance Xaminer service (ACX), a technology designed to help operators identify and pinpoint wellbore leaks by analyzing sound waves that describe flow patterns in the formation and casing. The…
CGG's Fast Trax Reverse Time Migration (RTM) data from its Encontrado multiclient mega-merge project covering the Perdido fold belt has been delivered ahead of Mexico's December Licensing Round. The Encontrado reprocessing project is a merge of over 38…
InterMoor has appointed Joe Price as country manager for InterMoor Canada based in St. John’s, Newfoundland, the regional hub for the Canadian offshore oil and gas sector. Price, a native Newfoundlander, is a graduate of the Ocean and…
Cobalt International has agreed to terminate its long-term contract for the Rowan Reliance drillship. The drilling contract was originally due to terminate on 1 February 2018. Instead, it will now end on 31 March 2017. Cobalt says it…
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