African Petroleum Corp. has appointed Jens Pace as CEO after Stuart Lake, now former CEO and executive director, is stepping down with immediate effect for health reasons. Pace currently serves as chief operating officer, and will assume the position of CEO…
Oceaneering International announced that its subsidiary Oceaneering International GmbH has entered into a two-year, subsea field support vessel services agreement with an oil and gas company in India for use of the Island Pride. Anticipated…
Hibiscus Petroleum is experiencing further delays at Sea Lion prospect offshore Australia due to weather delays, according to partner 3D Oil Ltd.'s (TDO). The drilling of the Sea Lion-1 exploration well has been further delayed due to continuing…
Gulf Marine Services' GMS Scirocco newbuild has been completed ahead of schedule and under budget and has been awarded its first contract. The vessel will commence a four-month contract (three months firm with a one-month option) in October for an engineering…
Baker Hughes announced the commercial release of its DeclineShift mature asset solution. “As wells and fields age, operating costs tend to rise as production declines. Operators have generally tried to meet this challenge by lowering cost per barrel…
Newpark Drilling Fluids announced the appointment of Tim Armand as vice president of US Offshore Operations. Armand began his career in the energy industry with Tetra nearly 30 years ago. He has since gained invaluable experience…
Image: John Bradshaw/IMCA John Bradshaw has joined the technical team at the International Marine Contractors Association (IMCA) as a technical adviser. Eight technical advisers work with the Association’s technical director…
Image: Bill Maddock/Subsea Systems Institute Bill Maddock has been named director of the Subsea Systems Institute, a national research center established in Houston to develop the transformative technologies…
Image from DOF Subsea. DOF Subsea has been awarded several major contracts with a total value in excess US$351 million (NOK 3 billion), including options, securing both short-term and long-term utilization of assets and personnel…
New 3M Glass Bubbles HGS4K28 developed to improve oil and gas well productivity in depleted zones and weaker formations 3M Advanced Materials Division debuted its newest 3M Glass Bubbles product currently under development at the Society…
Siemens presents new lightweight aero-derivative gas turbine for the oil and gas industry. The Industrial RB211-GT30 is designed for the needs of the oil and gas industry and its offshore applications in particular. The machine is based…
It is 20 years since the start of oil production from the Troll field. The 20 year-old can look back on enormous wealth, with 1.56 billion bbl produced so far and US$53.76 billion (NOK 460 billion) in income. Image from Statoil…
As part of President Obama’s comprehensive Climate Action Plan to create American jobs, develop domestic clean energy resources and cut carbon pollution, Sally Jewell, US secretary of the Interior and Abigail Ross Hopper, Bureau of Ocean Energy Management (BOEM) director…
Vallourec delivered 14,000-tonne of premium tubes in the scope of a contract with Hess Corp. for the Stampede project in the US Gulf of Mexico. Stampede is a deepwater subsea development which is located in the Green Canyon Block area…
Statoil received consent from the PSA to drill a new production well from the Heimdal facility. The well is to be drilled using a modular drilling rig (MDR). An MDR is a modular mobile rig installed in the facility's drilling area. One has been used for permanent plugging of wells at Heimdal…
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