Offshore staff
HOUSTON – ConocoPhillips (NYSE: COP) has agreed to sell its Nigerian business unit for $1.79 billion plus customary adjustments. The transaction is anticipated to close by mid-2013.
The sale to Oando PLC includes two offshore properties consisting of 95% operated interest in OML 131 (Chota field) and 20% nonoperated interest in OPL 214 (Uge field). Onshore, the sale involved a power plant and Brass LNG project.
12/21/2012
Subsea 7 to build new construction vessel
May 8, 2013
Subsea 7 plans to build a new heavy construction and flexible pipelay vessel that will be delivered in 2016. |
OTC 2013: Capping stack demonstrates well control
May 8, 2013
Officials with the Marine Well Containment Company and Shell Oil described results of a successful capping stack installation to control a potential runaway well in the Gulf of Mexico at the Offshore Technology Conference yesterday. |
OTC 2013: Saudi Aramco to open research center in Houston
May 7, 2013
Saudi Aramco has announced the opening of three research centers in the United States. |
OTC 2013: NOIA president addresses GoM resurgence
May 7, 2013
Randall Luthi, president of the National Ocean Industries Association (NOIA), praised the role of oil and gas producers in his address at the Offshore Technology Conference. |
OTC 2013: Subsea monitoring, sensing systems shown by GE
May 7, 2013
Two subsea monitoring and sensing systems are featured by GE Measurement and Control at the Offshore Technology Conference. |
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