Offshore energy production in the Gulf of Mexico has experienced relatively minor disruptions because of tropical storms and hurricanes in recent years, and the National Oceanic and Atmospheric Administration (NOAA) has predicted a below…
OEG Offshore, a global provider of cargo carrying units (CCUs) and A60 modules to the oil and gas industry, has announced the merger of its US business with Louisiana based oilfield equipment provider Cameron Rental and Tank (CRT). The…
US-based Freeport McMoRan is cutting nearly 30% from its oil and gas division, and a total of 29% from its July 2015 estimates. Image from Freeport McMoRan. The natural resources…
Danos has been selected by Shell to fabricate three boarding valve skid assemblies for its deepwater Appomattox project. The project, which will engage five Danos divisions – coatings, fabrication, instrumentation and electrical, project management and procurement – will begin immediately…
Oil services giant Schlumberger (SLB) entered into a deal to acquire Cameron International in a US$14.8 billion stock and cash deal that will offer the industry’s first complete drilling and productions systems. Image from Schlumberger…
Elaine Lisenbe has been appointed to the position of chief financial officer (CFO) and will join Wood Group Mustang’s executive leadership team. Lisenbe joined Wood Group Mustang as financial controller in 2011 and served most recently as vice president of finance for the Americas…
Wood Group Intetech (WGI), an asset integrity specialist, has been awarded US$1 million worth of work in the form of 11 new contracts from new and existing clients. The agreements span the Americas, Europe and the Middle East, and include…
Statoil’s exploration and discovery efforts in the Gulf of Mexico are moving forward, as the Norwegian giant announced the spudding of the Yeti appraisal well earlier this month on 12 August. Transocean’s Discoverer Americas drillship…
Oceaneering International appointed Clyde Hewlett the company's new chief operating officer. In this capacity he will have expanded responsibility for managing all of Oceaneering’s oilfield business…
Electromagnetic Geoservices (EMGS) announced a cost reduction program that will generate cuts in its fleet, workforce, and capital expenditures, which the company is blaming on challenging market conditions. The EM Leader…
UK supermajor Shell awarded OneSubsea a contract to supply subsea services for the Stones ultra deepwater development project in the Gulf of Mexico. An artist's impression of the Stones FPSO. From SBM Offshore…
The US Bureau of Ocean Energy Management (BOEM) announced that its Western Gulf of Mexico (GoM) lease sale 246 held today (19 August) attracted US$22.7 million in bids. The BOEM and industry advocates say the sale reflects current market conditions…
Image: LQT Industries, LLC LQT Industries, LLC has been awarded two projects to upgrade and refurbish single lift accommodations that house a total of 320 personnel on a drillship and a semisubmersible located in the Gulf of Mexico…
Dutch motion-compsenated gangway firm Ampelmann has been awarded a contract by Boa Marine Services (BMS) for a gangway solution for the ExxonMobil-operated Gulf of Mexico Julia project. The work scope of Ampelmann comprises transferring…
COSCO Shipping Co. Ltd. (COSCOL) has signed a contract with Shell Offshore Inc. for the transportation of the Appomattox semisubmersible offshore platform hull from South Korea to Ingleside, Texas. This contract was awarded as part of an enterprise frame agreement between Shell and COSCOL…