Falklands explorer Rockhopper Exploration has appointed Stewart MacDonald Chief Financial Officer, with effect from 10 March 2014. Prior to joining the Company, Stewart, who is 33, was a director in Rothschild's global oil and gas group…
Sembcorp Marine's subsidiary PPL Shipyard has signed a turnkey jackup rig contract worth US$214.3 million with Marco Polo Drilling Pte. Ltd., an indirect wholly-owned subsidiary of Marco Polo Marine Ltd., as well as the grant of an option…
Singapore-based KrisEnergy Ltd. has added an operatorship offshore Indonesia, and also announced it will not acquire the G3/48 exploration licence in the Gulf of Thailand. KrisEnergy announced in January that it had been seeking a 60%…
Endeavour International Corp announced that the valve in the Rochelle field that had been stuck in the 'shut' position is now open, and production is expected to re-start in the next few days. Following the tie-in of the East Rochelle E2 well…
Mexican drilling contractor Integradora de Servicios Petroleros Oro Negro will soon deliver its fourth newbuild jackup to Pemex. The Decus was named last week at Sembcorp Marine's PPL Shipyard and will sail from Singapore next week for a 3+ year charter with Pemex…
Petrobras Colombia Ltd. will drill the Orca prospect in the Tayrona-1 (Tayrona Occidental) block off Colombia's Caribbean coast in 2Q 2014. The company will move a rig from Brazil to spud the Orca-1 exploration well in water about 600m deep off the Guajira peninsula…
New interim Director General of Pemex Exploration and Production (PEP), Gustavo Hernandez-Garcia, will be the keynote speaker at the 20th annual Petroleum Exhibition & Conference of Mexico (PECOM). Hernandez-Garcia will speak on Wednesday…
Oceaneering International Inc. announced that Eric A. Silva (pictured) has joined Oceaneering as vice president and chief information officer. Silva’s career spans over 30 years, with more than 10 years of information technology services leadership experience…
ABB has signed its most extensive contract in the UK North Sea to support Nexen’s Integrated Control and Safety System (ICSS) on-board its Buzzard platform - the largest oil producing asset in the UK Continental Shelf. ABB UK has signed…
The European outlook for the offshore pipe industry in 2014 is positive, according to a recent report conducted by Tata Steel. The study points to high energy demand from Africa, Asia and BRIC (Brazil, Russia, India and China) nations…
MicroSeismic, Inc. announced today that Sudhendu “Kash” Kashikar joined the company as vice president of Completions Evaluation, the company’s newest division. In this position he will combine MicroSeismic’s vast knowledge of unconventional…
On 20 Feb, oil production in fields operated by Petrobras in the Santos and Campos Basin pre-salt accumulations rose to 407,000bpd, a record daily output. It has taken eight years to achieve this level of output since initial discovery in 2006…
Well 9-SPS-77 is now online with a production rate of 33,000bpd, Petrobras announced. Another production well is set to start by the end of 1Q 2014. Located in the Sapinhoá oil field, Block BM-S-9 of the Santos Basin presalt area, the well is in around 2118m of water…
Energy Maritime Associates (EMA) predicts US$130 billion will be spent on floating production units by 2018. A report by the Society of Petroleum Engineers said that continued expansion in the use of subsea production technologies, coupled…
Oil & Gas UK has underlined calls for a need to change how the UK North Sea oil and gas industry is managed by warning that exploration in the basin is facing its biggest challenge in 50 years and that capital spending is expected to halve by 2016-17…