Increased automation offshore means oil & gas companies have far more systems that are vulnerable to computer viruses. Gregory Hale and Richard Sale investigate how onshore attacks have led companies to reassess security concerns.Major oil companies…
Shell's PreludeShell and TSC team up on future LNG projects Shell Gas & Power Developments B.V. (Shell) and the Technip Samsung Consortium (TSC) have signed a heads of agreement to enhance collaboration on the design, engineering, procurement…
Last month, Noble Energy, the Houston company that has played a vital role in drilling and confirming massive deepwater natural gas deposits (some of the largest in recent memory) in Israeli and Cypriot waters, announced a 30% sale of the Leviathan field to Australia's Woodside for about $2…
For years the oil & gas industry has faced a looming skills shortage: older, more experienced personnel are leaving the business while an influx of new blood with limited experience is coming onboard. Finding solutions for this skill shortage was on the minds of attendees at the Galveston forum…
Rosneft's Moscow headquartersRosneft strikes $28B deal with AAR for TNK-BPRosneft has finalized an agreement to purchase AAR Consortium's (Alfa Group, Access Industries and Renova) 50% stake in TNK-BP for $28 billion, the company announced on 12 December 2012…
Seven AtlanticShell Upstream International Europe has awarded Subsea 7 a two-year extension on both of its underwater services contracts worth approximately $360 million, Subsea 7 announced on 27 November 2012.Under these contracts, Subsea 7 will continue to provide subsea construction…
Offshore leasing blocksAnadarko, TAG Oil secure multiple NZ leases New Zealand's government has awarded 10 exploration permits during its 2012 block offering, the country's petroleum and minerals agency announced on 11 December 2012.The ministry said that the block offering…
Gazprom Geologorazvedka and Schlumberger Russia and Central Asia (RCA) today signed a technology cooperation framework agreement under the chairmanship of Vsevolod Cherepanov, member of the management committee, head of the Gas, Gas Condensate and Oil Production Department…
BG Group appoints Chris Finlayson to top spot BG Group has elevated Chris Finlayson to Chief Executive Officer effective 1 January, the company announced on 13 December 2012.Finlayson came to BG in 2010 after spending 33 years with Royal Dutch Shell…
Smit Lamnalco has renewed its marine support services contract with oil major Shell in Gabon, in a deal that has triggered investment in three auxiliary vessel newbuildings.The five year contract renewal extends an uninterrupted relationship…
Ukrainian officials with Jordi Sarda BonvehiUkraine signs fake deal on state television Oilprice.com - Certainly the folks at Gazprom are having a good snicker, reveling in the mockery that has been made of what should have been a landmark…
Schiehallion FPSOShell has acquired 5.9% of Murphy Schiehallion Limited's stake in the Schiehallion field west of Shetlands, the supermajor announced on 14 November 2012.Shell now holds 55% stake in Schiehallion field. The move will offer…
Holstein | Photo: SeatraxPlains Exploration takes reins on Gulf assets Plains Exploration and Production (PXP) has closed on $6.1 billion worth of Gulf of Mexico assets belonging to BP and Shell, the company announced on 30 November 2012…
FCX specializes in copper and gold miningFreeport enters energy sector with $9B merger Phoenix-based copper and gold mining company Freeport-McMoRan (FCX) has moved to acquire subsidiary McMoRan Exploration as well as Houston-based Plains…
Stena DrillMaxNo commercial find at Tullow’s Zaedyus-2 well Drilling at Tullow's Zaedyus-2 appraisal well has been completed offshore French Guiana, the company announced on 4 December 2012.The well, drilled 5km up-dip from the Zaedyus-1 discovery by the Stena DrillMax…
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