New and 'final' regulations regarding drilling in the US Arctic have been jointly issued by the country's authorities, including a requirement to have a relief rig on standby and containment equipment. Image from BSEE Twitter…
Houston-based Cobalt International Energy has recruited a second former former BHP Billiton employee this year, with the appointment of David D. Powell as its new chief financial officer (CFO) and executive vice president. Powell…
Halliburton announced Mark McCollum will resume his role as executive vice president and chief financial officer effective immediately. McCollum will continue reporting to Dave Lesar, chairman and CEO of Halliburton, and will remain a member of the company’s executive committee…
Blackhawk Specialty Tools has acquired the surge reduction business line of Allamon Tool Co. and its related intellectual property. The surge reduction business line includes Allamon’s diverter systems and ancillary cementing tools as well as a number of patents…
Wood Group has signed a collaborative agreement with the Canadian technology company Librestream Technologies. The two companies will work in an exclusive industry-specific partnership to provide advanced business solutions for operations…
Subsea mooring specialist First Subsea was awarded a contract by Shell Offshore to supply Ballgrab subsea mooring line connectors for the Appomattox development in the deepwater Gulf of Mexico. The semisubmersible four-column production…
While outages in Canada and Nigeria have helped a rally in oil prices, the outlook for 2017 isn't looking favorable as new projects come online, says Douglas Westwood. Matt Cook, who has authored the firm's World Drilling and Production…
Rowan Companies is putting a jackup on stand by for Apache Corp., in addition to inking three rig extensions in the Gulf of Mexico, offshore Norway, and Saudi Arabia, according to the company’s latest fleet report. The Rowan Gorilla VII…
While the US is only on the verge of bringing its first wind farm online, Audrey Leon surveys some of the prospects slated for the country’s federal waters. LEEDCo’s mono bucket foundation. Photo from DOE…
Audrey Leon profiles Block Island Wind Farm, which is destined to be the US’s first offshore wind project when it starts up later this year. Jacket foundations, built by Gulf Island Fabrication…
Improved visibility and predictive maintenance can help keep operations running, says Rockwell Automation’s Luis Gamboa. Image from iStock. Minimizing downtime is a goal for every offshore oil and gas operation…
Cape Wind is a 130 x 3.6MW turbine offshore wind park planned for off Cape Cod, Massachusetts. But, it has been struggling to get off the ground for some 15 years, says Stephanie McClellan, director, special initiative on offshore wind, University of Delaware…
PJ Valves (PJV), a manufacturer and supplier of valves, has started a new piping business, PJ Piping (PJP), in response to demand in the market for a simplified pipe, valves and fittings (PVF) supplier process. Located in Houston, TX, the…
Mexico is joining the US and Canada in committing to reduce North America’s methane emissions from the oil and gas sector – the world’s largest methane source – 40% to 45% by 2025, the three countries announced in a joint statement. Image…
Seadrill Partners has reached an agreement with BP to keep the West Capricorn on an extended standby rate of US$316,000/d with expected recommencement of work in late 2017 at the full operating rate of $526,000/d. The unit had been down…