Business Briefs

Industry hit with further job cuts

Wed, Sep 2, 2015 ConocoPhillips, Aker Solutions, and ION Geophysical have each confirmed significant work force reductions in the midst of continued market downturn...

European Commission approves Shell, BG Group merger

Wed, Sep 2, 2015

The European Commission has approved unconditional clearance for the combination of Royal Dutch Shell and BG Group.

CGG moves to more centralized management

Wed, Sep 2, 2015

CGG is working to transform to adapt to what it calls the new environment and market conditions. 

Schlumberger acquires Novatek

Wed, Sep 2, 2015

Schlumberger has acquired Novatek Inc. and Novatek IP, LLC.

OEG Offshore merges with Cameron Rental and Tank

Wed, Sep 2, 2015

OEG Offshore has merged its US business with Louisiana-based oilfield equipment provider Cameron Rental and Tank Inc.

Ezra, Chiyoba ink subsea MOU

Fri, Aug 28, 2015 Under a binding memorandum of understanding with Ezra Holdings Ltd., Chiyoda Corp. will invest in Ezra’s subsea services business, EMAS AMC, to for...

McDermott nets second major contract from Aramco

Thu, Aug 27, 2015

Saudi Aramco has awarded McDermott International a lump sum contract for brownfield work on various fields offshore Saudi Arabia.

SeaDragon considers potential new well in Gulf of Suez

Thu, Aug 27, 2015 Seadragon Energy says the partners in the South Ramadan Concession in the offshore Gulf of Suez offshore Egypt have awarded a seismic reprocessing ...

Lamprell implements efficiency measures at UAE yards

Thu, Aug 27, 2015

Lamprell is investing in automation for some fabrication facilities at its yards in the UAE.

Undeveloped UK fields deserve attention, report claims

Thu, Aug 27, 2015

Consultants Hannon Westwood (HW) have issued a new report on near-term developments affecting the UK continental shelf (UKCS).

People on the Move

CGG moves to more centralized management

Wed, Sep 2, 2015

CGG is working to transform to adapt to what it calls the new environment and market conditions. 

Fontana joins Parker Drilling board

Wed, Sep 2, 2015

Parker Drilling Co. (NYSE: PKD) has elected Peter T. Fontana to the company’s board of directors.

UK independent Trapoil opts for name change

Fri, Aug 21, 2015

Independent oil company Trapoil (AIM: TRAP) plans to rename itself Jersey Oil and Gas.

Statoil adds Agerup to board

Thu, Aug 20, 2015

Statoil’s board of directors has elected Wenche Agerup as a member. 

Business Briefs

Wed, Aug 19, 2015

Webcasts

Assessing Mexico’s new offshore oil & gas exploration opportunities

When Mexico’s historic energy reform legislation became law on Dec. 21, 2013, it opened the country to foreign investment in its oil and gas sector for the first time in 75 years. A linchpin of Pre...
( 09/30/2015 / 10:00 AM Eastern Daylight Time / 09:00 AM Central Daylight Time / 07:00 AM Pacific Daylight Time / 14:00 GMT )

Anadarko’s decommissioning of the first-ever cell spar in the Gulf of Mexico

The Red Hawk spar made history throughout its design life, commissioned and decommissioned as the first of its kind. Heralded as the first cell spar ever built, it remains the lone cell spar ever f...
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