Italian industrial group Lucchini has agreed a deal to acquire a 49% stake in fellow Italian steel forgings firm Mamé Group, with a clause which could see it take on more share, to gain a controlling stake, in 2017. Mamé Group, based…
FMC Technologies reported a 15% increase in revenues and its highest quarterly subsea margins in four years, thanks to its Subsea Technologies division. Subsea Technologies saw a 16% increase in Q3 revenue, at US$1.3 billion, compared to the previous quarter…
Oil and gas exploration has turned many areas of Sub-Saharan Africa into economic hotspots, and operators are now looking at South Africa’s western coast. Planned infrastructure improvements may improve exploration logistics, but…
Houston-based Noble Energy elected David L. Stover as president and chief executive officer. Stover. From Noble. Stover previously served as the company's president and chief operating officer…
DVN GL gives a wider look at the issues and risks oil and gas companies face when operating in the Arctic. Several experts in the Arctic, and Norwegian oil and gas community weigh in on what needs to be done to have success in the area…
Lundin Petroleum shows how the production platform for the Edvard Grieg field has moved from the drawing board to reality, and is now beginning to resemble a real offshore platform. First oil from the field is scheduled during the 4Q 2015…
Five major helicopter operators today announced a new industry association – HeliOffshore – for organizations with an interest in working together on safety in offshore helicopter transport. The new association was introduced today at a launch event at its offices in London…
Mayank Ashar joins Cairn India as its new managing director & chief executive officer effective 17 November 2014. Ashar brings with him more than 36 years of experience in the international oil and gas industry. In his earlier assignments…
Malcolm Webb, Oil & Gas UK chief executive, will retire in 2015. Webb. From Oil & Gas UK. Oil & Gas UK says the exact date of his departure is yet to be agreed, but will be within…
NEL has invested more than £0.5 million in the development of its Glasgow-based Wet Gas Facility. The investment has created the UK’s only independent commercial test facility able to test meters to such high flowrates for wet gas conditions…
Dubai based offshore fabrication firm Lamprell has completed the second Caspian Sea jackup drilling rig, the Mercury. Lamprell said completion of the rig, the EDC-2, built for Eurasia Drilling, was a milestone for the group, particularly as it has been built under challenging conditions…
Statoil discovered new oil resources in the D-structure at well 25/8-18 S in PL169, near the Grane field, in the North Sea. Map from Statoil. The D-structure is located on the Utsira High…
Total's CEO Christophe de Margerie has died in a plane crash at Moscow's Vnukovo Airport just after 10pm (Paris time) last night (20 October). The 63-year-old was on a Dassauly Aviation SA Falcon business jet, which was bound for Paris…
Some of the world's top energy experts have been announced as guest speakers at Universal Oil & Gas 2014 (UOG 2014) in Israel later this year. Barry Smith, Texas Railroad. From Granite PR. UOG…
Emerging Markets Communications (EMC) introduces QuickSkid Solution to enable faster, more reliable and flexible communications for the oil and gas industry. Image of QuickSkid. From EMC. Rig owners…
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