Two Subsea 7 board members have resigned so that the company can use its vessels for energy development related projects in US waters. The move, which saw Robert Long and Allen Stevens, both US citizens, step down, was to enable Subsea 7…
Laffayete, Louisiana-based Stone Energy agreed to sell its non-core Gulf of Mexico conventional shelf properties to Talos Energy Offshore for US$200 million in cash and $117 million in future undiscounted liabilities, the company announced on 30 June 2014…
Canada's National Energy Board (NEB) has approved a Geophysical Operations Authorization (GOA) application from TGS-NOPEC Geophysical Company (TGS), Petroleum GeoServices (PGS), and Multi Klient Invest (MKI) to conduct a 2D offshore seismic…
Byron Energy Ltd. announced that the Byron Energy SM 6 #1 BP01 well reached a measured depth of 2338m and a true vertical depth of 2321m as of 23 June. Current operations are circulating in preparation to trip out of the hole to change the drill bit…
Canada’s SNC-Lavalin has agreed to buy Jersey-based oil and gas services company Kentz Corporation in a deal valuing the Kentz at £1.2 billion (C$2.1 billion). SNC-Lavalin said the move was part of its strategy to become a global Tier-1 engineering and construction company…
Updated 26 June The US House of Representatives passed bill HR6, the Domestic Prosperity and Global Freedom Act on 24 June, after debates held this week. The House Energy & Commerce (E&C) committee approved HR 6, authored and sponsored by Rep…
BSEE Director Brian Salerno discusses the importance of SEMS at OTC 2014. Photo by Barchfeld Photography. The 45th annual Offshore Technology Conference in Houston brought together US regulators…
Aberdeen-based Return To Scene Limited, a SeaEnergy subsidiary, has been awarded a contract for provision of an R2S visual asset management system by Mexican national oil company Petróleos Mexicanos (PEMEX), following a competitive public international tender process…
The Mineral Licence and Safety Authority of the Government of Greenland (MLSA) has contracted ASL Environmental Sciences to build and maintain a web-based marine geoportal from which sea ice, iceberg, metocean, and seafloor data from the…
The pace of innovation in the offshore industry is awe-inspiring. It’s amazing to look at today’s capabilities and think about how they weren’t even possible a few years ago. Of course, from the perspective of the regulator, it is also a little daunting…
Dr. Michael A. Alfultis, a retired US Coast Guard captain, and the director and chief administrative officer of the University of Connecticut’s Avery Point campus, has been named as the next president of the SUNY Maritime College in Fort Schuyler…
Marine science and ocean research programs across the United States are set to benefit from access to more affordable underwater technology thanks to a new discount scheme introduced by Houston-based Sonardyne Inc. Under the terms of the company’s Academic Discount Partnership…
Noble Energy, Inc. announced on 16 June that it has reached an agreement with BP Exploration & Production Inc. to acquire interest in 17 deepwater exploration leases located in the Atwater Valley region of the Gulf of Mexico (GOM). According to the terms of agreement…
Houston-based ION Geophysical Corp. has agreed to acquire 100% ownership of ocean bottom seismic acquisition company OceanGeo BV. In February 2013, ION acquired 30% of OceanGeo, then increased its ownership to 70% in January 2014…
Industrial facilities turn to safer, more effective inorganic coatings to reduce risk of severe injury and death of coating contractors. For decades, industrial facilities have measured the effectiveness of a coating by its ability to prevent corrosion…