ConocoPhillips said its participation in the non-operated Gibson will be its last deepwater exploration well in the Gulf of Mexico, as it looks to cut its spending. The firm, which announced a plan to reduce deepwater Gulf of Mexico activity last year…
McDermott International has successfully completed the installation scope associated with the Otis development in the Gulf of Mexico on behalf of LLOG Exploration Offshore. Image of Delta House…
Hess Corp. recorded a US$509 million loss in Q1, in addition to a 34% drop in its revenue. Image from Hess. The loss is much wider than the Q1 2015 loss of $389 million. The decrease…
Byron Energy will further its efforts at the SM71-1 well in the Gulf of Mexico after encountering the presence of oil in three intervals, according to partner Otto Energy. A quad combo porosity logging run has been acquired and 7 5/8in…
A new report from DNV GL paints a very automated future for many oil and gas processes and sectors. Melissa Sustaita sets out the details. Sames. Image from OE staff. Over the…
Bell Geospace’s Houston team is being expanded in response to increased activity in their specialist services. As well as a number of in-house support staff, Richard Alan Morgan has joined the company as senior geoscientist. Morgan has…
Fugro has been awarded a supply arrangement by the Canadian Hydrographic Service (CHS) to provide vessel based hydrographic survey services. Under the contract CHS will procure hydrographic surveys as needed, anywhere in Canada, to enhance…
Halliburton has cut more than 6000 positions during Q1 2016, bringing its workforce down by one-third since late-2014, in addition to a decreased revenue of 40% during the period. Image from Halliburton…
Oil services giant Schlumberger has laid off 2000 employees as the company reports one of its steepest revenue declines since the downturn began, citing global activity decline and disruption that has reached unprecedented levels. Image…
The National Ocean Industries Association (NOIA) board of directors has elected Kevin McEvoy as chairman and Dave Welch as vice chairman for the upcoming 2016-2017 term. McEvoy and Welch assumed their positions at the NOIA Annual Meeting in Washington…
Wild Well Control’s DeepRange tool, in conjunction with its 7Series riserless intervention system, has successfully performed full plug and abandonment operations on four subsea wells in the Gulf of Mexico. These wells are a part of a larger…
Viking Supply Ships will close its office in St. John’s, Newfoundland effective 28 April 2016. Future commercial activities in the Newfoundland and Eastern-Canada region will be followed up closely by dedicated personnel from the Viking…
DOF Subsea has been awarded more than US$61.6 million (NOK 500 million) in IMR and subsea installation contracts in several regions, including key work on Eni's OCTP project offshore Ghana. DOF was awarded an FPSO mooring installation…
Aquatic Engineering & Construction, an Acteon company, has expanded its team based in Houston, Texas. Bob Terrell joined Aquatic last month as regional manager, focusing on growing Aquatic’s business in the Americas. OE spoke to him about the business environment…
PGS, in partnership with TGS, will offer support for the two calls for bid in the Eastern Newfoundland and Jeanne d’Arc regions issued on 7 April 2016. The partnership offers for license MC2D GeoStreamer data, and the 4550sq km MC3D-NL02-EN Orphan Basin GeoStreamer survey…
