Nina M. Rach COLLOQUY: Editor's Column 'Innovation isn’t about new products, it’s about changing behavior,” explains Tom Koulopoulos, author of eight business books on the intersection of business and technology, including Cloud Surfing (2012) and The Innovation Zone (2011)…
Although Papua New Guinea has a strong economy resulting from exploitation of its extensive petroleum deposits and abundance of other natural resources ranging from minerals to forest products, the nation is one of the least developed countries in the Asia Pacific region…
Pemex awarded Subsea 7 a US$140 million contract for its Line 60 project in the Bay of Campeche. Subsea 7 will provide engineering, fabrication, and installation of a 16km-long pipeline, two slug catchers, and two cantilever structures. Offshore operations are underway.
Managing access to crucial data while maintaining a secure environment in the offshore communications sector can be taxing for many operators. Whether the information is moving from rig to shore, to the seabed, or to the drilling equipment, offshore communication has a host of inherent issues…
Alaska president John Minge earns BP top spotJohn Minge, BP America Chairman & PresidentJohn Mingé has been appointed Chairman and President of BP America, Inc. and will serve as BP’s chief representative in the United States. He will succeed Lamar McKay…
New next gen IMR vessel heads for North Sea Seven Viking IRM vesselThe cutting edge Seven Viking vessel, designed for operations in the harshest environments is being unveiled and named at a ceremony in Stavanger, Norway, by Subsea 7…
Egypt approves Dana's Nefertiti development The Egyptian government has approved Dana Petroleum's plan to develop the Nefertiti oil field in the Gulf of Suez, the company announced on 29 January 2013.The lease was approved 20 January…
Aker takes majority stake in Enovate SystemsEnovateAker Solutions has agreed to acquire a majority stake in Aberdeen-based Enovate Systems Limited - a leading technology company within subsea well control equipment. The financial details of the acquisition are undisclosed…
GE and GLS create Angolan manufacturing pact GE Oil & Gas CEO Dan Heintzelman speaks at the 2013 Annual Meeting in Florence, Italy.GE Oil & Gas has formed a new joint venture with Angola's GLS Holdings SA that will supply subsea equipment to the country's oil and gas industry…
Wildcat is first drilled by Statoil in PL386 Seadrill's West Alpha drilling facilityStatoil Petroleum AS, operator of production licence 386, has completed drilling of wildcat well 6610/10-1. The well is dry. The well was drilled about…
Company to manufacture umbilicals, riser baseSPAR platform on the Aasta Hansteen fieldAker Solutions has signed a contract with Statoil for the supply of deepwater umbilicals to the Aasta Hansteen field on the Norwegian Continental Shelf…
Australian firm locates light oil off Brazil Click to view largerKaroon Gas Australia has encountered light oil at the Kangaroo-1 exploration well on Block S-M-1101 in the Santos Basin off Brazil, partner Pacific Rubiales announced on 25 January 2013…
Survey reveals new oil prospect off Ireland Click to view largerProvidence Resources P.l.c. has provided an update on its 100% owned and operated licences P1885 and PL 5/10 in the Rathlin Basin, offshore Northern Ireland. In 2012, Providence…
Ex-Ion Geo CEO forms management consultancyBob Peebler launches Peebler GroupFormer Ion Geophysical chairman and CEO Bob Peebler has launched The Peebler Group, a strategic management consultancy firm. The Peebler Group will begin immediate…
Saipem and JGC fight for Abadi FLNG contract Click to view largerSubsidiaries of Saipem and JGC Corp. have won FEED contracts for Inpex's Abadi FLNG facility off Indonesia, Inpex announced on 23 January 2013.PT Saipem Indonesia and PT…
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