All eyes will be on the current and future potential of Mexico’s oil and gas industry at the 22nd annual Petroleum Exhibition & Conference of Mexico (PECOM),taking place 5-7 April in Villahermosa, Tabasco. PECOM 2015 exhibit floor…
BP Canada is putting its Nova Scotia exploration drilling activity on the back burner until 2018, as it waits out the economic slump the entire industry has been enduring. Map of BP's Scotian basin exploration drilling project…
Elaine Maslin speaks with Oceaneering about its latest underwater technologies and its thoughts on the future of the ROV and AUV industry. The NEXXUS ROV working in the Gulf of Mexico off the Olympic Intervention IV vessel…
Scot McNeill and Kenneth Bhalla, of Stress Engineering Services, show how measured data coupled with engineering analysis can increase asset utilization. To date, the oil and gas industry has struggled to employ structural monitoring data in meaningful way…
Clint Galliano and André Rand of Halliburton; and Steve Sparling and Pat Watson of Anadarko Petroleum discuss how automated, real-time measurement of fluid density and rheology can enhance drilling operations. Offshore workers…
The Offshore Technology Conference (OTC) returns to Houston with strategies for adapting to the new normal. Images from OTC. In its 48th run, the 2016 Offshore Technology Conference…
Some 100 job cuts are being made at Maersk Oil as the company struggles with improving returns on its unsanctioned Chissonga project in Angola that will see the closing of its Houston office and reducing its staff in Luanda. Image…
Byron Energy’s attempt to drill a sidetrack well to SM 6#2 after a drill pipe became stuck has turned out to be unsuccessful in the Gulf of Mexico, with the company abandoning the well and moving on to another. The Hercules 205…
UK giant BP is set to layoff some 500 workers in Houston come June, as part of the company’s plan to cut about 4000 from its global upstream sector by 2017. Image from BP. All…
Mexico’s Ministry of Economy has opted to set a low local content requirement for the upcoming deepwater bid round in December. The new rule, announced in Mexico’s official journal of the federation (DOF), says oil and gas companies must…
Harris CapRock Communications will install its Harris CapRock One system on Transocean’s entire fleet as part of a multi-year contract renewal for complete managed communications services. The contract provides satellite communications…
As part of President Obama’s Climate Action Plan to create American jobs, develop clean energy sources and cut carbon pollution, the Bureau of Ocean Energy Management (BOEM) announced its approval of the first wind energy Research Activities…
The US Bureau of Ocean Energy Management (BOEM) held two lease sales today (23 March) in New Orleans, amid loud protests from environmental groups. One lease sale (Lease Sale 241) attracted some US$156 million in high bids, the other sale (Lease Sale 226)…
IHS and Markit has announced the signing of a definitive agreement under which the companies will combine in an all-share merger of equals. Based on the closing prices of IHS and Markit common stock on 18 March 2016, the implied equity value of the transaction is more than US$13 billion…
Aquatic Engineering & Construction has expanded its team based in Houston. Bob Terrell joined Aquatic last month as regional manager, while Andrew Blaquiere has moved permanently from the Acteon group to Aquatic as proposals and project engineer…
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