Brazil's FINEP extended the deadline for submitting proposals for the Inova Petro program. This is the second tender protocol of the BRL 3 billion (US$1.33 billion) program. The proposals need to be submitted by 24 April 2014. The aim of the program is to foment projects on R&D…
A lot has changed for Statoil in the past four years. In 2010, the company had two core exploration areas (the Norwegian Continental Shelf and the US Gulf of Mexico), said Jez Averty, Senior Vice President of Exploration for Statoil, North America…
Sierra Hamilton LLC acquired all the assets of GeoPro GmbH of Hamburg, Germany to create a new operating subsidiary, GeoPro Geophysics LLC. GeoPro Geophysics will operate as a global seismic data acquisition, processing and interpretation…
Shell has appointed Houston-based consulting firm, Endeavor Management to advise the supermajor in preparation for a possible revamp of Shell's Chukchi Sea drilling campaign. Endeavor said it will provide support and advice for a third…
Aker Solutions’ former well intervention services business, which was acquired by private equity fund EQT VI in January this year, has been restructured and will operate under two brands from 22 Apr 2014: Altus Intervention and Qinterra Technologies…
Global demand for energy and the technical challenges facing the oil and gas exploration and production industry means business as usual is no longer an option, Shell's chief technology officer says. Gerald Schotman said the industry…
Malaysia-based international offshore oilfield services provider, Bumi Armada Berhad has received a letter of intent (LOI) from Eni Angola, a wholly-owned subsidiary of Eni, for a contract for the chartering, operation, and maintenance of…
“The South China Sea is not the new Persian Gulf. It should just be thought of as an important part of the supply picture of this region,” Alexander Metelitsa, an economist at the US Energy Information Administration (EIA), told delegates at IP Week in London…
Roc Oil has farmed out its entire interest in the Baker Manta Gummy (BMG) fields in the Bass Strait. The Australia-based firm sold its 50% interest and operatorship to Cooper Energy Ltd. for a US$924,959 cash payment, followed by a A$5 million contingent consideration…
Schlumberger announced that it has acquired Rock Deformation Research (RDR), a UK-based company specialized in geological software development and structural geology consultancy for the oil and gas industry. By integrating with the Petrel*…
BP announced the appointment of Angela Strank to the position of BP chief scientist. She succeeds Ellen Williams, who has been nominated asdirector of the Advanced Research Projects Agency – Energy, in the US Department of Energy. As chief scientist…
On the heels of the recent successful delivery of offshore production facility Jack/St. Malo, Crowley Maritime has again supported the domestic petroleum industry by providing ocean towing services for the Tubular Bells topside in the Gulf of Mexico for Saipem…
US Senator Mary L. Landrieu, D-La., chair of the Senate Committee on Energy and Natural Resources, held a hearing on how increasing exports of LNG will create thousands of high-paying jobs and support U.S. allies abroad. The hearing, entitled “Importing Energy…
Missed out on the top stories this week? Here are our top three most-viewed stories from the past week: OAA winners shine - More than 500 industry professionals came together at the sparkling 28th Offshore Achievement Awards ceremony in Aberdeen…
Dolphin Geophysical started mobilization for two new multi-client 3D projects in the Barents Sea off Norway using the newly launched, high-capacity 3D seismic vessel, Sanco Sword. The Gohta North and Maud Basin South 3D surveys, covering about 6200sq km…
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