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Business Briefs

Pre-funding agreed for Gulf of Mexico subsalt StagSeis program

CGG says an unnamed international E&P company has committed pre-funding of the contractor’s entire multi-client Gulf of Mexico StagSeis 871 offshore block program.

 

SPE ATCE 2014: Diamond drill bit provides improved durability in tough formations

Schlumberger company Smith Bits has introduced the StingBlade conical diamond element bit. This is designed to increase run length and rate of penetration while also providing improved steering res...

Two potential bids for Salamander Energy

Salamander Energy has received a conditional takeover offer from Ophir Energy.

SPE ATCE 2014: PDC cutting system achieves improved ROP

Tercel Oilfield Products has unveiled its PDC drillbit MicroCORE cutting system, designed to redistribute high energy consumption from the center of the drill bit to more efficient areas of the cut...

SEG 2014: Chevron renews Paradigm software access agreement

Chevron USA has signed a new, long-term agreement with Paradigm to access an expanded Paradigm product portfolio.

Unique Wellube to supply ADMA-OPCO with seal plugs

Abu Dhabi Marine Operating Co. (ADMA-OPCO) has contracted Unique Wellube, a division of Unique Maritime Group, for the supply and engineering of mechanical seal plugs for a significant pipeline iso...

Sona Petroleum arranges financing for Salamander purchase

Sona Petroleum Bhd is borrowing $140 million to part finance its proposed purchase of a stake in UK-listed Salamander Energy plc.

Technip wins subsea contract for Bangka development

Chevron Indonesia has awarded Technip a subsea contract for the Bangka development located in the Rapak PSC area 70 km (43 mi) offshore the province of East Kalimantan, Indonesia.

Searcher Seismic begins surveys offshore Australia

Searcher Seismic, in cooperation with BGP, is pleased to announce a major multi-client campaign consisting of three separate surveys offshore Australia totaling 12,500 km (7,767 mi) of 2D data and ...

SPE ATCE 2014: Baker Hughes CTX software broadens options for completion designs

Baker Hughes’ has showcased its new Completion ArchiTEX (CTX) 3D completion design software at the SPE ATCE exhibition.

People on the Move

Total names de Margerie’s successors

Total has appointed Thierry Desmarest as chairman of the board of directors and Patrick Pouyanné as CEO and president of the Executive Committee.

Noble Energy elects president and CEO

Noble Energy Inc.'s board of directors has elected David L. Stover as president and CEO. 

Willbros Group elects CEO

Robert R. Harl has relinquished his CEO and director positions at Willbros ahead of his planned retirement on Jan. 2, 2015.

Total chairman and CEO dies in plane crash in Moscow

Total has confirmed that Chairman and CEO Christophe de Margerie died just after 10 pm (Paris time) on Oct. 20 in a private plane crash at Vnukovo Airport in Moscow, following a collision with a sn...

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Webcasts

You're stuck at 24K feet in 6,500 feet of water. What now?

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Improving the Design of Subsea Riser Systems

Join us on October 7 for a 30-minute live webinar, where experts from Intel, Cray and Altair will discuss a high-performance computing (HPC) solution proven to improve speed and performance for oil...