Mexico City-based Sierra Oil and Gas secured equity commitments of US$525 million on Friday to develop projects in Mexico’s recently opened energy sector. Sierra, Mexico’s first independent exploration and production company, plans to participate in exploration…
TGS is continuing its Explorer series seismic acquisition program in the deepwater US Gulf of Mexico with Panfilo 3D. Panfilo 3D will add 11,500sq km to TGS' multi-client library in the Lund and Henderson Central Gulf of Mexico protraction areas…
Singapore-based Marine Contracting Pte Ltd. has received an engineering, procurement, construction, and installation contract (EPCI) from Rotterdam-based Jord Oil & Gas Systems BV (JOGS) to install an interconnecting bridge and tripod support…
ExxonMobil and Rosneft will end drilling operations in the Kara Sea due to Western sanctions. The West Alpha ExxonMobil released a statement today (19 September), which said the supermajor will comply with all US sanctions…
Houston-based Wild Well Control has unveiled its new subsea capping stack for response to a global deepwater well control incident that will be located in Singapore. Image from Wild Well The Singapore capping stack…
Two massive, 20,000-pound buoys decked out with the latest in meteorological and oceanographic equipment will enable more accurate predictions of the power-producing potential of winds that blow off US shores. The bright yellow buoys — each worth about US$1…
Houston-based Dune Energy has been acquired by Eos Petro Inc. in a cash deal. Eos will acquire all of the outstanding shares of the Dune for $0.30 per share in cash pursuant to an agreement and plan of merger dated 17 September 2014. It…
Oil and gas engineering services firm Plexus Holdings has added a new board member as it looks to expand its business overseas. The firm has appointed US-based Charles Edward Jones to the board of Plexus as a non-executive director with immediate effect…
Noble Energy awarded Dutch services provider SBM Offshore a contract for the Big Bend and Dantzler fields in the Gulf of Mexico. Thunder Hawk from SBM Offshore The two companies signed a…
Technip has agreed to its North American diving assets to Ranger Offshore as it looks to focus on high technology and ultra-deep water products and services. Proceeds from this divestment will be partially reinvested directly into Technip's subsea business…
Consulting petroleum geologist Colin Stabler spoke to a full house at the Houston Geological Society's General Dinner on 15 September 2014, presenting 'Mexico's Challenge to Explorationists.' Stabler has worked Mexican subsurface geology since 1966…
PMI Energy Services opened a shorebase in Morgan City, Louisiana, focused on supporting shelf, coastal and inland waters production and drilling activities. PMI MC Shorebase, aerial south to north PMI’s…
Deep Gulf Energy II has awarded Technip a lump sum contract for the development of the deepwater, high-pressure, high-temperature Kodiak field, in Mississippi Canyon Blocks 727 and 771, in the Gulf of Mexico. The in 1472-1710m water depth…
GE's Measurement and Control business announced it has entered into a cooperation agreement with Atmos International. As part of the partnership, the two companies will offer a more comprehensive leak detection solution to pipeline operating customers…
Singapore’s Sembcorp Marine announced they invested millions of dollars in the purchase of an American company and in a new facility in Singapore. The SSP Hub is capable of integrated delivery…