It isn’t too late to help oilfield families in financial need due to an unexpected life crisis, which can happen to any of us. This is an opportunity for those in the oil & gas industry to help their own. OilOnline, an integrated oil & gas career…
Mitra Energy Ltd. entered into a farm-out agreement with AziPac for the partial assignment of Mitra's participating interest in the Bone PSC offshore Indonesia, the company announced on 9 June 2014. Under the terms of the agreement, Mitra…
Baker Hughes issued the May 2014 international rotary drilling rig count today, showing a total of 1024 rigs operating outside the US & Canada. International activity in May was up 4 rigs from the 1020 rigs drilling in April and up 68…
Dutch manufacturer DBR BV will supply emergency/harbor diesel generator sets for six new pipelaying vessels under construction at IHC Merwede in the Netherlands for Subsea 7 and SapuraKencana. The order for the custom-engineered units, generating up to 1875 kVA…
Industry Minister Ian Macfarlane announced the award of nine new permits located in Commonwealth waters offshore Western Australia, Victoria, and the Territory of Ashmore and Cartier Islands as part of round one of the Australian government’s 2013 Offshore Petroleum Exploration Acreage Release…
The Scottish referendum is impacting the plans and investment proposals of 45% of oil and gas firms surveyed for a new report, it has been announced. The number is up from 38%, according to the same survey last spring. The findings…
Petróleos Mexicanos' (Pemex) Board of Directors unanimously voted to sell its 7.86% stake of Spanish oil company Repsol, the state-owned firm announced 4 June. Pemex expects to net US$900 million as a result of its decision, selling the shares for $27…
Offshore industry body Oil & Gas UK has confirmed two new senior appointments to its board. Effective from spring 2014, Trevor Garlick, regional president North Sea at BP, and John Pearson, Group President, AMEC Europe, have been appointed as the co-chairmen of the organisation…
Operator Genel Energy's Malta subsidiary Phoenicia Energy Co. announced on 30 May that the Noble Paul Romano deepwater semisubmersible drilling rig is moored on location and has commenced drilling Hagar Qim-1. The well is being drilled in 1476ft of water in Block 7 of Area 4 off Malta…
Australia's current federal coalition government seeks to abolish the work visa requirement for offshore oil and gas workers, over objections from the Maritime Union of Australia, according to ABC Rural. The former Labor government, under Gillard…
Nido Petroleum Ltd., on behalf of SC 63 joint venture partners state-owned Philippine National Oil Co. Exploration Corp. (PNOC-EC) and Dragon Oil Ltd., announced that the Baragatan-1A well was spudded May 25. The wellsite is in Service Contract 63…
Swiber Holdings Ltd. announced it has won an US$80 million engineering, procurement, installation and construction contract in Latin America. The client is undisclosed, but the contract covers subsea development work including pipeline tie-ins…
Oceaneering International, Inc. acquired AIRSIS Inc., a provider of remote asset management software services, the company announced on 2 June 2014. Oceaneering expects the acquisition to enhance the company's current asset tracking service…
Marathon Oil has announced it is no longer marketing its UK business after agreeing a deal to sell off its Norwegian unit. Marathon Oil Norge is to be sold to Norway’s Det norske oljeselskap in a US$2.1 billion cash deal. The sale…
US Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank announced the award of the first three oil and gas leases in the Gulf of Mexico that are subject to the US-Mexico Transboundary…
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