Sweden's Sandvik and Luxembourg-headquartered Tenaris have signed a new five-year strategic alliance agreement on the exclusive joint supply of corrosion resistant alloy OCTG materials and technology to the oil and gas industry. The two…
Repsol announced a new hydrocarbon discovery in the TB14 well at the Teak field, off the southeast coast of Trinidad. The discovery in the northern part of the Teak B field is estimated to contain more than 40MMbo in place, which increases…
Denmark's MacArtney Underwater Technology Group announced a representative agreement with the Mexican ROV and subsea service company, Meyah Ich Ha, which is set to administer the promotion and sales of MacArtney systems and products within the Mexican part of the GOM region…
Houston-based EFC Group appointed Anand Puthran as its managing director, a newly created role for the company. Puthran joins EFC Group with more than 15 years of experience working in the oil and gas industry in managerial positions…
LLOG Exploration Co., L.L.C. announced today it has named Philip S. LeJeune as its Chief Financial Officer to replace John Newman who retired after serving as LLOG’s CFO for the last eleven years. LeJeune brings nearly twenty years of experience to his new position…
Fugro is one of eight firms recently awarded a five-year hydrographic survey contract by the United States’ National Oceanic and Atmospheric Administration (NOAA). Task orders under this indefinite delivery, indefinite quantity (IDIQ) contract…
DeepFlex has signed an agreement with Offshore Inland Marine & Services, Inc. (OIMO) to set up a new unbonded flexible pipe manufacturing and qualification testing facility in the Port of Pensacola, Florida. The industrial complex will have direct access to the existing deep water quayside…
BATS Wireless (BATS) and specialist distributor Purdicom have announced a new offshore communications network project, with one of Purdicom's service provider partners, for a multinational oil company. The project calls for BATS to provide its state-of-the-art DVM-50 systems…
Weakening spending by E&P majors, particularly on seismic is being felt in the geoscience sector, with Dutch geoscience and geotechnical services firm Fugro revealing a potential Eur300-350 million non-cash impairment in its geoscience division today…
It is the first step in a long process. That is probably the best synopsis of the recent announcement by the Department of Interior’s (DOI) Bureau of Ocean Energy Management (BOEM) requesting information on areas to be included in the next…
New Jersey is moving to stop an ocean research project opposed by the state's Department of Environmental Protection (DEP), fishing groups, and environmentalists. The US National Oceanic and Atmospheric Administration (NOAA) issued a permit on 1 July and the seismic surveys began…
Inpex subsidiary Teikoku Oil (North America) has acquired an additional stake in the deepwater Lucius field, located in the US Gulf of Mexico, the company announced on 9 July 2014. The Japanese explorer entered the Lucius partnership in 2012 after acquiring 7…
Atlantic Towing (USA) has selected newly-designed, ice-strengthened PSV 5000 vessels from Damen Shipyards Group to meet its 10-year offshore support contract with ExxonMobil Canada Properties and Hibernia Management and Development Company (HMDC)…
Japan's Mitsui Corp. Ltd. is looking toward increasing its investments in Mexico, after the Mexican Congress voted in December to open the oil and gas industry to foreign companies. The Wall St. Journal reported last month that Yasuhiro Uchida…
Ulstein provides this video on the development of Island Offshore's latest vessel the Island Performer. The newbuild is a flexible, riserless light weight intervention (RLWI), and inspection, maintanence and repair (IMR) vessel built by the Ulstein Verft shipyard…
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