Ocean Installer named Michael Newbury president of its new US office, located in Houston.Michael NewburyNewbury joined Ocean Installer after serving as vice president for operations and business development at US-based subsea contractor Deep Down Inc…
ExxonMobil Corp. announced that its Liberian affiliate has acquired from Canadian Overseas Petroleum (Bermuda) Ltd. (COPL) 80% interest in Liberia Block 13 (LB-13)Map of LB-13 off Liberia (Image: COPL)The block comprises more than 625,000 acres (2…
Mexican state oil company Pemex and US oil giant ExxonMobil renewed a general cooperation agreement to share technical and scientific information, Pemex announced on April 3, 2013.Mexican President Enrique Pena NietoThe five-year agreement, Pemex said…
Heerema Fabrication Group (HFG) in the Netherlands has received the contract from Technip France for the Procurement and Fabrication of the DONG Hejre jacket, piles and pre-drilling wellhead deck destined for the Hejre oil & gas field located in the central part of the North Sea offshore Denmark…
Apache subsidiaries placed high bids on 14 blocks during the most recent Gulf of Mexico Lease Sale 227, the company announced on April 1, 2013.(Image: Chevron-Statoil ASA)Apache said it was the sole bidder on nine shallow water blocks on the continental shelf…
Pacific Rubiales Energy Corp. opted to acquire a 35% interest in Block S-M-1166 held by Karoon Gas Australia Ltd. through the funding and participation in the Bilby-1 exploration well, in the Santos Basin off Brazil.Click to view larger…
Aker Solutions acquired Aberdeen-based well control equipment firm Enovate Systems for an undisclosed amount. Aker plans to develop Enovate as an independent supplier of components and products that can be used for open water workover, riser workover…
Oilfield activity in the Mediterranean region was disrupted by extreme political events last year across northern Africa. The ‘Arab Spring’ revolutions in Egypt, Libya, and Tunisia, as well as the continuing conflict in Syria shut down most non-essential activity…
EPC Offshore won subsea company of the year at Subsea UK’s seventh annual award ceremony held in Aberdeen during Subsea 2013. Photographed below is Keith Wallace, EPC Offshore’s CEO with the award, accompanied by Carole Innes, business development manager at Brewin Dolphin…
Bob Peebler Following his departure from ION Geophysical, former president, CEO and executive chairman, Bob Peebler launched his own consultancy firm, The Peebler Group, in January. After 40 years in the industry, Peebler says the idea…
Eleven panel sessions will give visitors to the SPE Offshore Europe 2013 conference unprecedented access to hear the views of top industry executives, government ministers and discipline specialists.The panel sessions will all aim to respond to the conference theme…
The latest Gulf of Mexico Lease Sale 227 held Wednesday drew $1.2 billion in high bids for tracts spanning the coasts of Louisiana, Mississippi and Alabama. Statoil was the highest bidder on 15 leases, the company announced on 20 March 2013…
Cairn Energy PLC announce it will farm-in as operator of three blocks offshore Senegal in West Africa. This transaction will add a number of drillable prospects to the frontier exploration inventory and drilling program in the next 18 months…
OE Magazine’s parent company, AtComedia, closed the acquisition of the annual oil and gas event, PECOM (Petroleum Exhibition and Conference of Mexico) from International Exhibitions, Inc., the company said on March 19, 2013. The conference…
Eni recently renewed its energy research partnership with the Massachusetts Institute of Technology Energy Initiative (MITEI), establishing a new path forward for this highly successful collaboration. This alliance provides an opportunity…