Baker Hughes Inc. announced the availability of its StayCool™ multidimensional cutter, which helps operators drill to total depth faster and more cost effectively by extending cutter life and footage per run. Used exclusively on the Hughes…
Rosneft and ExxonMobil have selected CB&I UK and Foster Wheeler Energy as the initial phase front end engineering and design (FEED) contractors for the two oil giants’ Russia Far East liquefied natural gas (LNG) project. The contractor selection process began back in August…
Sinking of SS Arctic - 27 September 1854 The SS Arctic was the pride of the American merchant marine when launched in 1852. It was a 3,000 ton wooden-hull paddle-wheel steamer capable of carrying 280 passengers. It also carried a modest amount of cargo…
Statoil ASA discovered between 300-600MMbo recoverable in its first Bay du Nord exploration well, located 500km (310 mi.) northeast of St. John’s, Newfoundland. 'It is exciting that Statoil is opening a new basin offshore Newfoundland…
Chevron Technology Ventures (CTV) announced today that it has launched its CTV Fund V, a US$90 million venture capital fund to invest in early- to mid-stage companies and in limited partnership funds. Investments from CTV Fund V will…
Trelleborg Offshore and Construction has been awarded United States Coast Guard (USCG) approval for its deluge and sprinkler system, Elastopipe, which grants it certified for use within the United States. Doug Marti, Market Development Manager within Trelleborg Offshore and Construction…
Noble Corporation has announced plans to spin off its standard specification drilling units into a new separate company. The new company will own and operate standard specification drilling units from the Noble fleet, with the new company focusing on high-specification assets…
High-quality technology and proper backing investments are keys to “[allowing] Mexico to continue as one of the main hydrocarbon producers of the world,” said Jose Antonio Escalera-Alcocer, deputy director of exploration for Pemex Exploration…
CGG announced that the Fast TraxTM TTI RTM (tilted transverse isotropy reverse time migration) processed data from its IBALT broadband, full-azimuth survey covering over 5,000sq km (221 blocks) in the Keathley Canyon area of the Gulf of Mexico (GOM) has been delivered on schedule…
Heerema Marine Contractor’s new Deepwater Construction Vessel (DCV) Aegir was christened in the Rotterdam Calandkanaal (NL). This state-of-the-art vessel is capable of executing complex infrastructure and pipeline projects in ultra deep water…
Diamond Offshore Drilling Inc.'s Ocean Saratoga semisubmersible drilling rig spudded a well on Noble Energy's Tyra Bank concession off Nicaragua in mid August. The rig is under contract to Noble Energy for US$323,000/d and is expected to finish in late November…
A federal advisory committee tasked with improving extractive industry reporting transparency, will host a public meeting from 4-7 p.m. Tuesday, Sept. 24, at the Fire Fighters Conference Center, The Greer & Lowdermilk Conference Center, 4225 Interwood North Pkwy…
Keppel Shipyard has been awarded two floating production storage and offloading (FPSO) conversion contracts, including one for Shell's Stone's project, worth a combined value of US$150 million (S$190 million). The first is from SBM Offshore…
Bristow Group has secured a number of new multi-year contracts for offshore oil and gas services across Europe and in other established and emerging markets. In total, the contracts are for 12 large and three medium helicopters, expected to generate up to US$850 million in revenue…
A key differentiator in the proposed energy reform introduced by Mexico’s ruling party, the PRI, is its populist slant, according to a panel of speakers at a seminar hosted by law firm Mayer Brown, which explored the details of the reform…
Subscribe
