Houston-based exploration and production independent Endeavour International appointed a consultancy firm and recruited a chief restructuring officer. The firm, which has assets in the US and North Sea, has been struggling with debt and…
Stone Energy Corp. contracted the ENSCO 8503 dynamically-positioned deepwater drilling rig for Stone Energy's multi-year drilling program in the Gulf of Mexico. The 30-month contract will commence during 2Q 2015 at a rate of approximately US$350…
Geoscience firm Benthic relocated its company headquarters to its new technology center in Houston on 29 September. The facility, which contains 13,410sq ft of office space and 17,840sq ft of warehouse space, is located in Hammerly Business…
ExxonMobil chief executive officer Rex Tillerson spoke at the first-ever Greater Houston Partnership’s “State of Energy” event, giving his perspectives on the intrinsic ties between the energy industry and the city of Houston and highlighting North America’s…
Laffayete, Louisiana-based Stone Energy is ahead of schedule on the deepwater Cardona development project in the US Gulf of Mexico. The Cardona South well (MC 29 #4), located in Mississippi Canyon 29, is expected to begin initial production by 1 December 2014…
Singapore’s Swissco completed the acquisition of four additional mobile offshore drilling units, bringing their rig fleet to eight. Swissco’s previous four rigs have contracts for an oil major in Latin America worth approximately US$94…
Murphy Oil Corp. entered into an agreement with PT Pertamina Malaysia Eksplorasi Produksi to sell 30% of Murphy's Malaysian oil and gas assets in a US$2 billion all-cash deal. The contract will take place in two phases: the first phase…
The fifth biennial Society of Petroleum Engineers (SPE) Russian Oil and Gas (ROG) Exploration and Production Technical Conference and Exhibition is set to focus on sustaining production levels by challenging the limits with technology. This year’s conference…
Oil and gas engineering services business Plexus has won an order from BG Group for surface wellhead and mudline equipment services for an exploration well in the UK Continental Shelf in the North Sea. The contract is due to run for 150 days and will involve Plexus' 18-3/4” 15…
Houston-based AFGlobal completed its integration of VerdErg Connectors, a customized subsea pipeline and control connection after acquiring the UK-based company in late June 2014. AFGlobal subsea…
Glacier Energy Services acquired Aberdeen-based MLS Heat Transfer to improve its heat transfer service division. Heat exchanger maintenance work. From Glacier Energy Services MSL Heat Transfer…
UK-based energy services provider Penspen acquired the engineering division of DPS Group. The acquisition increases Penspen’s headcount by 10%; strengthens its oil and gas process facilities engineering capability; and brings access to the FPSO construction market in Asia Pacific…
Houston-based Friede and Goldman, Ltd. (F&G), a naval architecture and marine engineer firm, approves the use of the Siemens jacking control system for use on their jackup rig designs. F&G says their customers will have an option to choose…
Helix Energy Solutions Group, Inc.’s well intervention vessel, the Skandi Constructor, is moving to the Gulf of Mexico to begin operations in 1Q 2015. The Skandi Constructor, a dedicated light intervention mono hull equipped with the Helix 7 3/8in…
Aberdeen-based Wireline Engineering further expanded its operations in Southeast Asia with an increase in staff and office space. Equipment maintenance is carried out by skilled technicians. Image…
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