Freeport-McMoRan Copper & Gold (FCX) is one of the world’s largest mining companies, but it is expanding its interests in North American oil and gas. FM O&G has about 1200 Houston-based employees, and has additional offices in California…
John Carne is to retire from his role as CEO of new joint venture OneSubsea on February 28, 2014, it has been announced.John has served as CEO of OneSubsea since the Cameron and Schlumberger joint venture was formed on June 30, 2013. Previously…
Petrofac's Integrated Energy Services (IES) business chief executive Andy Inglis is to leave the company at the end of February 2014 and join exploration firm Kosmos Energy as CEO and chairman, based in Dallas, Texas.Inglis will join the Kosmos board on March 1…
The group will conduct monitoring studies on potential Arctic nearshore impacts in Beaufort Sea development area.Olgoonik/Fairweather LLC, in conjunction with a team of scientists from the University of Alaska Fairbanks, the University of Texas at Austin…
Fieldwood Energy LLC acquired SandRidge Energy, Inc.’s Gulf of Mexico and Gulf Coast business unit for US$750 million, with an effective date of Dec. 1, 2013, and subject to customary purchase price adjustments. As part of the transaction…
Baker Hughes Inc. rotary rig count shows 61 rigs active offshore US for the last two weeks, up 10 rigs from a year ago (19.6% year-over-year increase). This includes 55 rigs working off Louisiana (up from 47 a year ago), 2 rigs off Texas (up from 1 rig)…
Colloquy: Editor’s Column As we start a new year at OE, we offer projections from companies about projects and markets. This issue features a Global Market Forecast, with analysts from Infield Systems, DouglasWestwood, and Petroleum Geo-Services weighing in about exploration…
New year, new focus. OE asked, “What are the main technology trends for your sector this year?” In 2014, we expect to see an emphasis on automation and control systems to enhance rig efficiency and safety. Multi…
Mexico’s Federal Congress has certified that 24 of the country’s 31 state legislatures have approved energy reforms that allow private companies to explore for and produce oil and gas. All state legislatures are unicameral, and in some, the decision was unanimous…
The US Department of the Interior (DOI) announced that the US-Mexico Transboundary Hydrocarbons Agreement has been enacted. The agreement establishes a framework for US oil and gas companies and Mexico’s Petroleos Mexicanos (PEMEX) to jointly…
The US Bureau of Safety and Environmental Enforcement (BSEE) announced that it is soliciting proposals for oil spill response research projects and will be investing up to US$7 million to support these projects in 2014. In a Broad Agency…
Siemens announced today that it has signed a contract to provide wind turbines and services for the pioneering Cape Wind project, the first commercial offshore wind farm in the USA. Siemens and Cape Wind have signed a major contract for…
Wood Group Mustang Canada has been awarded the detailed engineering and design of an integrated topsides facility as part of the White Rose Extension Project (WREP), offshore Newfoundland & Labrador, Canada. Subject to partner, company and regulatory approvals…
BP, with partner ConocoPhillips, has struck oil at the Gila prospect in deepwater US Gulf of Mexico. BP said the move was a sign of its returning momentum in the region. The high pressure Gila discovery was made by an exploration well on Keathley Canyon Block 93…
The Kongsberg Maritime Ltd. Camera group Systems & Projects Team has delivered the first set of cabled IP Digital Still Camera Stations (CAMDS) to the University of Washington. The delivery is for the regional cabled observatory component…