Viking Offshore & Marine Limited announced on 26 April 2013, that it would invest up to S$15 million to set up a dedicated innovation hub in Singapore to house and invest in promising offshore and marine companies. Mr. Andy Lim,…
The 45th annual Offshore Technology Conference (OTC) in Houston places the spotlight on the latest technological advances plus industry stars such as new head of BP Upstream Lamar McKay and PEMEX’s E&P director Carlos Morales-Gil. OTC returns to Houston’s Reliant Park complex May 6-9…
For almost 40 years ONS has been a broad-based international energy event and a leading meeting place for everyone involved in the oil and gas industry and the entire energy sector. Focus on the supply industry on the Norwegian Continental…
Wärtsilä will supply a comprehensive, fully integrated power, propulsion and positioning system for a DP3 Dynamically Positioned offshore accommodation rig being built in China, the company announced on 17 April 2013. Wartsila power…
Stone Energy Corp. hired an ENSCO drilling rig for its Cardona program at Mississippi Canyon block 29, the company announced on April 8, 2013.an ENSCO 8500 series drilling rigThe Ensco 8500 series dynamically-positioned deepwater drilling rig…
Ocean Installer named Michael Newbury president of its new US office, located in Houston.Michael NewburyNewbury joined Ocean Installer after serving as vice president for operations and business development at US-based subsea contractor Deep Down Inc…
ExxonMobil Corp. announced that its Liberian affiliate has acquired from Canadian Overseas Petroleum (Bermuda) Ltd. (COPL) 80% interest in Liberia Block 13 (LB-13)Map of LB-13 off Liberia (Image: COPL)The block comprises more than 625,000 acres (2…
Mexican state oil company Pemex and US oil giant ExxonMobil renewed a general cooperation agreement to share technical and scientific information, Pemex announced on April 3, 2013.Mexican President Enrique Pena NietoThe five-year agreement, Pemex said…
Heerema Fabrication Group (HFG) in the Netherlands has received the contract from Technip France for the Procurement and Fabrication of the DONG Hejre jacket, piles and pre-drilling wellhead deck destined for the Hejre oil & gas field located in the central part of the North Sea offshore Denmark…
Apache subsidiaries placed high bids on 14 blocks during the most recent Gulf of Mexico Lease Sale 227, the company announced on April 1, 2013.(Image: Chevron-Statoil ASA)Apache said it was the sole bidder on nine shallow water blocks on the continental shelf…
Pacific Rubiales Energy Corp. opted to acquire a 35% interest in Block S-M-1166 held by Karoon Gas Australia Ltd. through the funding and participation in the Bilby-1 exploration well, in the Santos Basin off Brazil.Click to view larger…
Aker Solutions acquired Aberdeen-based well control equipment firm Enovate Systems for an undisclosed amount. Aker plans to develop Enovate as an independent supplier of components and products that can be used for open water workover, riser workover…
Oilfield activity in the Mediterranean region was disrupted by extreme political events last year across northern Africa. The ‘Arab Spring’ revolutions in Egypt, Libya, and Tunisia, as well as the continuing conflict in Syria shut down most non-essential activity…
EPC Offshore won subsea company of the year at Subsea UK’s seventh annual award ceremony held in Aberdeen during Subsea 2013. Photographed below is Keith Wallace, EPC Offshore’s CEO with the award, accompanied by Carole Innes, business development manager at Brewin Dolphin…
Bob Peebler Following his departure from ION Geophysical, former president, CEO and executive chairman, Bob Peebler launched his own consultancy firm, The Peebler Group, in January. After 40 years in the industry, Peebler says the idea…