Blackstone and former senior executives of Pride International have partnered to form Clarion Offshore Partners, a platform to provide strategic solutions to the offshore oil and gas drilling and services sector, with a financial commitment from private equity funds managed by Blackstone…
London-based explorer SOCO has started drilling the Baobab Marine-1 (BABM-1) well on the Mer Profonde Sud Block, in the Lower Congo Basin, offshore Congo. The BABM-1 well, to be drilled on the RR Prospect, is targeting stacked early Miocene…
Surface to seabed specialist, Seanamic Group, is expanding its global umbilicals business with a new Umbilical International facility in Glasgow, the frim revealed at Subsea Expo in Aberdeen. Image from Seanamic Group…
Aberdeen headquartered engineering consultancy Project Development International (PDi), today announced it is under new ownership following an acquisition by Tattva International Holdings. Tattva International Holdings, based in Singapore…
Oceaneering International has announced the appointment of Martin J. McDonald as senior vice president (SVP), remotely operated vehicles (ROV), with global responsibility for Oceaneering's ROV business, effective 1 January 2016. McDonald's career spans 26 years with Oceaneering…
ExxonMobil has chosen Darren W. Woods to be president and a member of the company's board of directors, effective 1 January 2016. Woods is currently senior vice president of the corporation. Rex W. Tillerson will continue his roles of chairman of the board and CEO…
First oil and gas was produced from the H5 wellhead platform (H5-WHP) on the Te Giac Trang (TGT) field 10 August offshore Vietnam, says SOCO. The start of production was achieved one month ahead of schedule and the H5 development project has been completed with zero lost time accidents…
Soco International has signed a memorandum of understanding with PetroVietnam and SOVICO Holdings over potential exploration and production on Blocks 125-126, offshore Vietnam. Soco president and CEO Ed Story said: “SOCO began evaluation…
Umbilicals International (UI), part of the Seanamic Group, has invested over US$2 million in new cable manufacturing lines at its Houston production facility. The two lines will streamline cable production, and marks a significant expansion…
Dynamic Industries International received authorization to begin work in Angola. The scope of work includes the fabrication of piping spools for a client’s produced water upgrade project. Roger Westerlind, executive VP and chief…
Hoang Long Joint Operating Co. (HLJOC) has selected Honeywell Process Solutions (HPS) to handle critical project management and engineering for the TGT-H5 wellhead platform that will tap energy reserves off the coast of Vietnam. Image from HLJOC…
TAM International unveiled its new 22-in. casing annulus packer, or LongCAP. The new LongCAP was designed for a major international company and follows TAM’s recent design and qualification of a 22-in. port collar. Together, the LongCAP…
Baker Hughes Inc. issued the November 2014 international rotary drilling rig count today, showing a total of 1324 rigs operating worldwide in November 2014, outside of the US & Canada. International activity in November was up 16 rigs from the 1308 rigs drilling in October 2014…
Logan Oil Tools, a wholly owned subsidiary of Logan International, has purchased certain assets from Smith International. The assets include inventory, the rights to manufacture and sell HE fishing tools and certain intellectual property…
Baker Hughes Inc. issued the October 2014 international rotary drilling rig count today, showing a total of 1308 rigs operating worldwide in October 2014, outside of the US & Canada. International activity in October was down 15 rigs from the 1323 rigs drilling in September 2014…