Swedish explorer Lundin Petroleum has appointed a new CEO after long-serving CEO Ashely Heppenstall announced he is to step down, as of 1 October. Alex Schneiter will resume the role of President and CEO, which Heppenstall (pictured) has held since 2002…
Brazilian police arrested Odebrecht President and Chief Executive Officer Marcelo Odebrecht with accusations of bribery and corruption in connection with a scandal currently engulfing Brazilian national Petrobras, on Friday, according to news reports…
Kongsberg Maritime’s training center in Houston, Texas has become the first maritime training facility in North America to offer the Nautical Institute-accredited Sea Time Reduction Course for dynamic positioning operators (DPO). Kongsberg…
Gibraltar-based ship repair company Gibdock has built up a close working relationship with Solstad Offshore, with a number of the Norwegian operator’s specialist offshore craft being repaired at the yard over the past few years. This…
Gazprom is welcoming Total back to the Shtokman project upon resuming operations in the Russian sector of the Barents Sea. Image of Gazprom, Total and StatoilHydro signing framework agreement for Phase 1…
The future of offshore oil and gas exploration will be exploited with high-specification jackups and ultra deepwater (UDW) drillships capable of working in high-pressure, high-temperature (HPHT) environments, according to pure-play, high-specification offshore driller…
The Bureau of Ocean Energy Management (BOEM) awarded GulfSlope Energy two offshore lease blocks for which it was the high bidder at offshore lease sale 235 in the central Gulf of Mexico. The company will control 107,961 acres covering 19 prospects…
Norway-based technical adviser DNV GL launched a research paper exploring the viability of moving offshore oil and gas processing subsea, including the techno-economics of an 'all subsea' solution. The report, released during this week's Underwater Technology Conference in Bergen…
Russian gas producer Gazprom and Shell signed an agreement to expand the Sakhalin-2 LNG project. Sakhalin-2 saw the development of two offshore oil and gas fields: Piltun-Astokhskoye and Lunskoye, off the north-eastern coast of Sakhalin…
A senior executive at new joint venture Forsys Subsea has been appointed chairman of the ONS Foundation Board of Directors - the organization behind Norway's biennial ONS conference and exhibition. Arild Selvig (pictured) is senior vice president and head of front-end…
Petrofac's Offshore Projects & Operations business unit has secured contract renewals for operations and maintenance work worth approximately US$400 million on the UK Continental Shelf (UKCS). The largest of these awards is for the provision…
Premier Oil is hoping to spud an exploration well on the Baguss prospect in Block 13/24c in the UK North Sea in H1 2016, according to partner North Sea Energy. The Bagpuss well targets lower cretaceous sands, jurassic sands and a granite wash formation about 1400ft subsurface…
Houston-based Hercules Offshore entered into a restructuring support agreement with a group of its debt holders that will shakeup the company’s finances and position Hercules to benefit during the expected rebound in the offshore drilling industry…
Statoil received consent from the Petroleum Safety Authority to use the Maersk Integrator jackup to drill and complete 14 new production wells at Gina Krog. Gina Krog is an oil and gas discovery situated around 250km west of Stavanger and 30km northwest of the Sleipner A facility…
Harkand began decommissioning work on the UK Continental Shelf at Maersk Oil UK’s Leadon field. The Harkand Da Vinci DSV. From Harkand. In March, the IRM firm secured a multi-million dollar…
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