International oil major Shell has made a US$70 billion cash and share offer for UK-headquartered deepwater and LNG-focused BG Group in what is one of the first supermajor deals since the early 2000s. The move, which offers a 52% premium to BG Group's share price…
Global investment in renewable energy reached record levels in 2014, including the record-breaking US$3.8 billion financing of the largest ever renewable energy plant, a Dutch wind farm project, a new report has shown. Image from Siemens…
Siemens is opening its new oil and gas headquarters in Houston. Siemens managing board member Lisa Davis, who leads Siemens’ oil and gas and power generation businesses, will be based in the West Memorial Drive office in Houston’s energy…
After a fire that killed four workers, with three still missing, Petróleos Mexicanos (PEMEX) began to restore production at the Abkatún central processing platform in the Gulf of Mexico. Abkatún A. From PEMEX Flickr…
As the last throes of winter ushered in the grey, misty weather upon the mighty Mississippi River in early March, a soon to be familiar visitor in the Gulf of Mexico sat docked at the Port of New Orleans, Island Offshore’s newbuild subsea support vessel Island Performer…
The attorney general’s office of Mexico is investigating the Petróleos Mexicanos' (PEMEX) Abkatún Permanente platform incident that left four dead, 16 injured and three missing, for possible charges of murder and mischief. The Abkatún Permanente platform…
Vallourec appointed Nicolas de Coignac as senior vice president Vallourec Group, President North America effective 1 April 2015. In his new role de Coignac will lead all Vallourec businesses in North America, and drilling operations worldwide…
The fire that broke out on the Petróleos Mexicanos' (PEMEX) Abkatún Permanente platform, causing the death of four workers and several injuries, was extinguished late last night (1 April). The Abkatún Permanente platform after the fire…
Global rig provider Transocean said it will scrap two more rigs from its fleet taking the total number of floaters it is planning to scrap to 18, the company announced on 1 April 2015. The two rigs joining its soon to be departed brethren are the GSF Aleutian Key and Sedco 707…
ROVOP established a new Western Hemisphere headquarters and support base in Houston, as well as appointed three ROV industry professionals to lead the business, due to an increased demand for its services globally. Image of Wagner…
On 1 March, EMAS AMC officially christened and named its flagship, the Lewek Constellation, prior to her departure to the Gulf of Mexico to start work for Noble Energy. EMAS AMC’s Lewek Constellation…
Industrial Internet of Things is out there, but ‘work needs to be done.’ Industrial Internet of Things (IIot) is nebulous term bandied about in just about any conversation when it comes to automation, when in reality, the level of communication…
Ask about subsea well intervention and most assume it’s riserless light well intervention you want to talk about – for good reason. Elaine Maslin reports. Subsea light well intervention visualized by FMC Technologies…
Four people are dead and several injured following a fire on Petróleos Mexicanos' (PEMEX) Abkatún Permanente platform in the Bay of Campeche, offshore Mexico. PEMEX confirmed the four casualties on its Twitter account around 12:30 p.m…
Harkand Arena secured a US$5 million contract in Mexico to perform saturation diving services in support of an offshore pipeline project for Swiber Offshore Mexico S.A de C.V. Image from Harkand. The…
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