Offshore Marine Management (OMM) secured GROW:OffshoreWind funding to build a subsea tool which will reduce project costs and improve health and safety offshore. The new tool has been designed using OMM’s experiences of working offshore…
Aberdeen-based IT software and services specialist Adept Solutions has secured two new contracts worth a total of £600,000. The firm will supply tailored hydrocarbon accounting software to two new projects on behalf of EOG Resources and DONG Oil Pipe…
Advanced downhole tool for well intervention designer and manufacturer Peak Well Systems has completed a new gas pressure testing facility in Aberdeen (UK) as part of its research and development commitment to provide oil and gas operators with advanced and reliable plug systems…
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…
India’s Reliance Industries’ (RIL) MJ Discovery is estimated to have 1.4 Tcf of unrisked contingent resources offshore India, according to partner Niko Resources. MJ Discovery map. From Niko. The…
Gazprom Neft and Petrovietnam signed a series of agreements to extend their collaboration activity on the Pechora Sea shelf. Dolginskoye field. From Gazprom. The joint oil and gas exploration…
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…
Polarcus has secured further industry prefunding enabling the expansion of the Capreolus 3D multi-client project offshore Australia. The additional pre-funding will see the survey expand northwards with an additional 7130sq km to be covered…
Italian operator Eni has backed a move to replace Saipem CEO Emberto Vergine with former Saipem and Eni executive Stefano Cao. Cao was worked at Saipem, which is 42.924% owned by Eni, from 1976 to 2000, during which time he held senior roles including CEO…
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…
Houston-based Hercules Offshore signed a five-year contract with a subsidiary of Eni S.p.A. for use of the Hercules 260 in West Africa. The dayrate under the contract will range from a minimum of US$75,000 per day when the price of Brent crude oil is $86 or less per barrel…
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…