Fossil Energy
FMC Technologies President Retires
FMC Technologies, Inc. announced that its President, Robert L. Potter, will retire from the company on November 30, 2013. John T. Gremp, Chairman and CEO of FMC Technologies, will assume the role of President in addition to his current responsibilities. Potter, 62, has been a key contributor to the
BOURBON Continues Fleet Modernization (France)
BOURBON announces that it sold 3 vessels, including a tug, an MPSV (Multi-Purpose Supply Vessel) from the Subsea Services fleet and a PSV (Platform Supply Vessel), for an approximate total amount of US$ 38 million generating a total capital gain of approximately US$ 18 million. These three tradition
CNOOC: Two Oil Fields Start Production (China)
CNOOC Limited announced that, Wenchang 19-1 North and Weizhou 12-8 West oil fields have recently commenced production. Wenchang 19-1 North oil field is located in the western Pearl River Mouth Basin with an average water depth of about 120-130 meters. This oil field has 3 producing wells and is expe
Offshore Energy 2013: Second Day Highlights (VIDEO)
The following video shows the highlights from the second day of the Offshore Energy 2013 event held in Amsterdam on 16 October. Offshore Energy is the fastest growing gathering of offshore industry professionals. The two-day event includes an exhibition where an expected 500 supply chain companies s
Securing Our Energy Future Highlighted at Offshore Energy 2013
On 15 & 16 October 2013 the 6th Offshore Energy Exhibition & Conference was held in Amsterdam RAI. The two-day event was attended by 9,123 international visitors, an increase of 20% compared to last year. Official opening: The state of the world By the push on the button of KoColijn, Sander Vergroes
COSCO’s DP3 Deepwater Drillship Contract Terminated
The Board of Directors of COSCO Corporation (Singapore) Limited refers to its announcement on 22 July 2010 in relation to the turn-key EPC (Engineering, Procurement and Construction) contract worth more than US$500 million secured by the Company’s subsidiary, COSCO (Dalian) Shipyard Co., Ltd. with D
Ramboll Works on Engineering Solutions for the Arctic
Ramboll Oil & Gas recently launched an innovation competition among its employees to float new ideas for engineering solutions in the Arctic area. Two winning ideas were selected to receive an award, and the company is now looking into how the ideas can be further developed. American geologists esti
CETCO Expands Its Team
CETCO Energy Services, produced water and production services specialists for the oil and gas industry, recently appointed Dr. John Walsh as director of technical water treatment. In his new role based in the company’s Houston office, Dr. Walsh will spearhead the ORCA (Objectivity through Root Cause
GCE: Shale Gas and Oil Key to Meeting Growing Energy Demands
In 1850, fossil fuels – coal, oil and natural gas – accounted for only 5 percent of the world’s energy. Now they account for more than 80 percent. GCE Group participated in the discussion whether adequate fossil fuel resources will be available to support a near doubling in the size of the global ec
Regal: Rotor Motors Help Stabilise Offshore Operations
A new era in offshore working has begun, with the launch this month of Barge-Master: a unique invention of motion-compensation platforms to be used on board of flat top barges and supply vessels. The platforms prove a stable base for cargo during vessel to platform transfers. They can also be used a
ITF Discusses Middle East Challenges at Two Events
ITF, the global technology facilitator, will be highlighting the growing importance of innovation to solve Middle East oil and gas production challenges at two high profile events. The organisation, which has a membership of global oil and gas operators and service companies, will exhibit for the fi
Cairn to Explore the Atlantic Margin
Cairn Energy PLC is today issuing its Interim Management Statement in accordance with the reporting requirements of the EU Transparency Directive. Simon Thomson, Chief Executive, Cairn Energy PLC said: “Cairn has built a strategic position along the frontier basins of the Atlantic Margin, including
Statoil Awards Services Contract to Ross Offshore
Ross Offshore AS today announces contract award for drilling, well , exploration & petroleum technology services with Statoil ASA. The contract is for five years firm, with a two plus two plus one year option (10 year total). The contract will take effect 01.01.2014. The contract is given as part of
Oyo-7 Well Results Exceed Pre-Drill Expectations (Nigeria)
CAMAC Energy, Inc. announced it has been informed by Allied Energy PLC (“Allied”) of preliminary results from the Oyo-7 well in OML 120 offshore Nigeria. The results exceed internal pre-drill expectations. Oyo-7 commenced drilling operations on September 9, 2013. Based on logging while drilling (“LW