Offshore North America News - page 172

 

Otto gains 25% South Timbalier stake

Jul 06, 2017

Otto Energy has farmed into the South Timbalier 224 (ST 224) lease, taking 25% stake in the Gulf of Mexico, with drilling expected to start later this year, and first production set for the end of 2018. Map of SM 71 (left) and ST 224 (right)…

AFGlobal acquires Advanced Measurement

Jul 06, 2017

AFGlobal has acquired Advanced Measurement (AMI), a provider of automation, controls and data management systems. AFGlobal says this acquisition enhances the company’s current upstream drilling, completion and production smart technology…

SNC-Lavalin completes WS Akins takeover

Jul 05, 2017

Canadian company SNC-Lavalin Group has completed its acquisition of the UK’s WS Atkins. WS Atkins is a consultant company in design, engineering and project management, with a leadership position across the infrastructure, transportation and energy sectors…

Sheffield Forgemasters lands SHI GoM contract

Jul 05, 2017

Sheffield Forgemasters' offshore oil and gas specialist, Vulcan SFM, secured a US$7.1 million (5.5 million GBP) contract with Samsung Heavy Industries (SHI) to supply 73 steel castings ranging from 0.5-tonne to 19.5-tonne, for a semisubmersible oil platform…

GE, Baker Hughes complete merger

Jul 03, 2017

GE Oil & Gas and Baker Hughes today (3 July) completed their planned merger, which will create an entity that offers GE’s digital solutions and Baker Hughes domain expertise as oilfield services provider. Source…

Interventions in the digital age

Jul 01, 2017

Audrey Leon discusses the next game-changing intervention technologies with OE’s Deepwater Intervention Forum advisory board members ahead of this year’s show. Onboard the Well Enhancer looking…

Subsea strikes back

Jul 01, 2017

While significant costs have been stripped out of the oil and gas industry, shale is fighting back. And, if the subsea industry is to survive, it will need more than just reduced costs, industry executives told the Underwater Technology Conference (UTC) in Bergen…

The future floats

Jul 01, 2017

Elaine Maslin surveys a variety of floating offshore wind projects due onstream in the near future. Statoil’s Hywind project.  Image from Statoil. This year, floating offshore…

Ready to respond

Jul 01, 2017

HWCG’s David Coatney stresses the importance of developing comprehensive response plans to prevent deepwater blowouts. Photo from HWCG. To respond to future offshore deepwater drilling incidents…

Reduce, reuse, recycle

Jul 01, 2017

While offshore wind has taken off rather successfully in Europe – the US offshore wind industry has some way to go. Karen Boman reports on how existing offshore oil and gas technologies can be applied on offshore wind projects in the states…

Caught between worlds

Jul 01, 2017

Karen Boman charts Chevron’s success at its large Jack/St. Malo development in the deepwater Gulf of Mexico, a project that was sanctioned just prior to the downturn. McDermott’s North Ocean 102 at work…

Baker Hughes stockholders approve merger

Jun 30, 2017

Baker Hughes stockholders voted 99% to approve its merger with GE Oil & Gas, the company announced today (30 June). The company says that shares voted at the meeting represent approximately 86% of Baker Hughes' shares outstanding as of the record date for the meeting…

DOI seeks insight for new OCS lease plan

Jun 29, 2017

The U.S. Department of Interior (DOI) is taking its first step in fulfilling the Trump administration’s pledge to expand Outer Continental Shelf (OCS) oil and gas leasing opportunities by submitting a request for information (RFI) to create a new 2017-2022 offshore lease plan…

BP to exit offshore Angola block

Jun 29, 2017

BP has decided to exit its 50% interest in Block 24/11 offshore southern Angola after concluding that its 2014 Katambi gas discovery there is not commercial. Due to the exit from Block 24/11 and other exploration write-offs in Angola…

BOEM rejects 10 Lease Sale 247 high bids

Jun 29, 2017

The Bureau of Ocean Energy Management (BOEM) completed its required evaluation to ensure the public receives fair market value for tracts leased in Central Gulf of Mexico Oil and Gas Lease Sale 247, held on March 22 of this year. The…

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