Houston-based Africa focused explorer CAMAC Energy is changing its name to Erin Energy following a reverse stock split - each six shares of common stock were converted into one share of common stock. Kase Lawal, Erin's Chairman and CEO…
Depressed oil prices are going to make 2015 a challenging year as the “industry adjusts to the new realities,” rig, engineering and fabrication firm Lamprell has said. The Dubai-based company had an “exceptionally strong” 2014, with…
Thrustmaster of Texas delivered the BS Camburi vessel to Petrobras. Image from Thrustmaster. The BS Camburi is a 36m monohull crewboat built in Brazil by Arpoador Engenharia to the Petrobras type P2 specification…
CNR International Ltd. (CNRI) awarded the Heerema-AF Consortium a contract for the removal and disposal of the Murchison platform, marking a significant step towards the decommissioning of one of the largest platforms in the UK North Sea…
Engineering and project services company Clough Ltd. acquired Booth Welsh, a privately owned engineering services company headquartered in Ayrshire, Scotland. The acquisition follows the establishment of Clough’s engineering center in Glasgow earlier this year…
BEARCO International’s personnel are to joni Wild Well Control's control engineering group, bringing the relief well expertise of John Wright, Jim Woodruff and Bill McElduff on board to enhance the company’s expertise and capabilities in the engineering…
ION Geophysical Corporation subsidiary GX Technology (GXT) group has been awarded a multi-year contract with Petroleos Mexicanos (PEMEX), the national oil company of Mexico. Under this contract, GXT is providing a broad range of seismic…
CGG announced that the Fast TraxTM TTI RTM (tilted transverse isotropy reverse time migration) processed data from its IBALT broadband, full-azimuth survey covering over 5,000sq km (221 blocks) in the Keathley Canyon area of the Gulf of Mexico (GOM) has been delivered on schedule…
Rig design engineering firm RDS has been awarded two contracts valued at US $42,000,000 for engineering and design services in the North Sea and a global master services agreement (MSA). The first contract is for detailed design and…
Australian engineering firm WorleyParsons has won two contracts, offshore Australia and on and offshore Africa. Worley Parsons is to provide brownfield engineering services to Chevron for the operator's west Australian assets, under a master services agreement lasting initially five years…
Last year, Turkey approved construction of the South Stream pipeline through its territory, which will bring Russian gas across the southern Black Sea and into Europe. Construction should be completed in 2015, with the offshore component costing US$13 billion…
Aquatic Engineering & Construction, an Acteon company, has appointed Bill Smart business development manager, North America. Smart joins Aquatic from Prime Source Packaging, where he was vice president of sales & service. Previously…
The extreme shortage of skilled personnel in the oil & gas industry is arguably the industry's biggest challenge today. Technical solutions may have changed but new challenges remain, particularly in the specialist area of subsea engineering…
Multiple zone single trip completion systems have been out there for quite some time. It wasn’t until the 1990s that Schlumberger started to invest in the time-saving aspects of single-trip multizone completions, Bryan Stamm, technology manager for Schlumberger’s sand control division…
Elastomer seals and their wear can tell the offshore equipment maintenance engineer a lot about how well equipment is operating and provide early warning of potential problems. By visually examining the seals as part of a preventative maintenance schedule…
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