Update: The Bureau of Safety and Environment Enforcement (BSEE) announced that weighted drilling fluids pumped into well A-7 stopped the uncontrolled gas flow in Vermilion block 356 in the Gulf of Mexico. BSEE approved operator EnVen’s plan to kill the well with mud…
Royal Dutch Shell has said it will quit its 2014 plans for drilling offshore Alaska, cut capital spending, and increase the pace of assets sales, the oil major’s CEO Ben van Beurden (pictured) announced today. Shell's U-turn on Alaskan drilling follows a profit warning last week and…
PEMEX Exploración y Producción (PEP) has chosen a Spanish ship builder for the construction of two ship-shaped flotels. One will be built at the Navantias' Ferrol Estuary shipyard on the northwest coast of Spain. The construction of the…
Houston-based ION Geophysical Corp. has increased its ownership interest in OceanGeo B.V., a geophysical company specializing in multicomponent ocean bottom seismic acquisition using ocean-bottom cables (OBC). ION now owns 70% of OceanGeo…
This video shows the launch of the first of six new 302'x64' LNG OSVs built for Harvey Gulf International Marine by Gulf Coast Shipyard Group (GCSG). The first of these GCSG-built Harvey Gulf OSVs will be moved to GCSG’s newly commissioned…
Vagit Alekperov, OAO LUKOIL President, and Emilio Lozoya, General Director of Mexico’s Pemex, signed a cooperation agreement today at the World Economic Forum Annual Meeting in Davos, Switzerland. The document was signed in the presence of Enrique Peña Nieto…
Mexican state-owned oil company Petroleos Mexicanos says it will not begin exporting high-quality Olmeca crude to Europe until the second half of February. Pemex said on 6 Jan, that exports of the extra-light Olmeca would begin in January…
Multilateral meetings between Cuba and the US are becoming more frequent, although they often fly under the radar. Cuba's Ministry of Foreign Relations, CubaMinRex, recently hosted a delegation from the US-based Council on Foreign Relations (CFR)…
FMC Technologies Inc. announced today that it signed a 3-year contract with Pemex Exploration and Production to manufacture and supply surface wellheads to support drilling and well maintenance programs in the Gulf of Mexico. The award…
Gulf Coast Shipyard Group, a manufacturer of a variety of ocean-going and inland marine vessels for commercial and military markets, announced today the launch of the first of six Harvey Gulf International Marine 302’ x 64’ dual-fuel Offshore Supply Vessels…
Prysmian Group, established a new headquarters in Houston, TX, under the responsibility of Robert Conners who joins the Group. With the strengthening of its operations in Houston and with professionals such as Robert Conners joining the company…
Nova Scotia's Fundy Tidal Inc. partnered in November 2013 with Dutch tidal turbine producer Tocardo International BV and Tribute Resources Inc. of London, Ontario The three firms will work to develop a $30-million project with a capacity for 3MW of tidal power at three locations around Digby…
A US court ruling has put a key document supporting oil major Shell's Chukchi Sea drilling in doubt. Over one partial objection, the US Court of Appeals for the Ninth Circuit (CA9, panel based in San Francisco) ruled that selection by the Bureau of Ocean Energy Management…
Gulf Coast Shipyard Group, Inc.—a manufacturer of a variety of ocean-going and inland marine vessels for commercial and military markets as well as the Trinity Yachts brand— announced signed a three-year lease with one-year options with the Port of Gulfport…
Houston-based MicroSeismic Inc. purchased the US assets of Calgary-based Reservoir Imaging Inc. (RII). The acquisition includes Geospace equipment, wireline units, and equipment for downhole microseismic data acquisition services. The…
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