Business Briefs

Intertek unveils decommissioning management service

Fri, May 1, 2015

Intertek is starting new oil and gas decommissioning services to help manage costs and asset inventory.

Shell, Welltec to collaborate

Fri, May 1, 2015

Welltec A/S has entered a frame agreement with Shell Global Solutions International B.V. to “improve existing or develop new” technologies.

Damen Shipyards launches ice class RO-PAX ferry

Thu, Apr 30, 2015

Damen Shipyards recently launched the MV Veteran, an 80-m (262-ft) ice class Ro-Pax ferry.

KrisEnergy completes Gulf of Thailand exploration well

Thu, Apr 30, 2015 KrisEnergy has encountered oil in the Rayrai-1 exploratory well in the G10/48 license, located in the Gulf of Thailand, where the company is develo...

DNV GL publishes JIP manning study guidance

Thu, Apr 30, 2015 A DNV GL-led joint industry project has resulted in the issuance of a guidance document for a “walk to work” manning approach as an alternative to ...

Kongsberg Oil & Gas, KBC agree to cooperate

Thu, Apr 30, 2015 Kongsberg Oil & Gas Technologies and KBC Advanced Technologies have signed a non-exclusive cooperation agreement with the aim to develop simula...

Mokveld, Abbon join forces

Wed, Apr 29, 2015

Mokveld Valves BV and Abbon AS have decided to join forces.

MOL agrees to terms for Ithaca Norway division

Mon, Apr 27, 2015

Ithaca Energy has agreed to sell Ithaca Petroleum Norge to Hungary’s MOL for $60 million, subject to approval from Norway’s government.

KrisEnergy gears up to spud Rayrai exploratory well in Gulf of Thailand

Fri, Apr 24, 2015 KrisEnergy has announced that the Key Gibraltar jackup has commenced drilling of the Rayrai-1 exploratory well in block G10/48 in the Gulf of Thail...

CNOOC provides update on offshore assets

Fri, Apr 24, 2015

CNOOC Ltd. has announced that total net production in 1Q 2015 increased 9.4% year-over-year to 118.3 MMboe.

People on the Move

Damen Shipyards launches ice class RO-PAX ferry

Thu, Apr 30, 2015

Damen Shipyards recently launched the MV Veteran, an 80-m (262-ft) ice class Ro-Pax ferry.

Changing behavior in well control management

Thu, Apr 9, 2015 The recommendations from the International Association of Oil and Gas Producers following the Macondo well blow-out clearly called for a sharper fo...


Thu, Apr 9, 2015 Steven Newman has resigned as president, CEO, and a director of Transocean Ltd. Until a permanent replacement is named, Ian Strachan, chairman of t...


Wed, Mar 11, 2015 G. Steven Farris, chairman, president and CEO of Apache Corp., has retired. John J. Christmann IV has been appointed president and CEO, and John Lo...

Ashen selects Paradigm's Geolog as standard software suite

Wed, Mar 11, 2015 Ashen Geologic Consulting Services has selected  Paradigm's Geolog formation evaluation software suite as its standard application for well lo...


Falling oil prices and the offshore oil and gas industry: assessing the state of the market

The precipitous decline in oil prices has brought many areas of the oil and gas industry to a standstill. Yet while some sectors are feeling the pinch, others are still moving forward with field de...
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