Stay Connected

Business Briefs

Technip to sell controlling stake in India dive specialist

Technip has agreed to divest a majority stake of between 51% and 75% in Seamec to HAL Offshore Ltd., India.

FAR updates on drilling programs, including offshore Senegal

This year, FAR Ltd. says it expects to drill five exploration wells. Of these five wells, the first two are being drilled offshore Senegal.

Neptune Marine receives contract for work on Ichthys

McDermott has awarded Neptune Marine Services Ltd. a survey and ROV contract on the Ichthys LNG project.

Hydrasun to expand specialist manufacturing capabilities to meet subsea demands

Hydrasun, a provider of integrated fluid transfer, power, and control solutions to the global energy market, is expanding its operations with a £3 million ($5 million) investment in its specialist ...

Ennsub to build two ultra-deepwater ROV deployment systems

ROVOP has awarded Ennsub a multi-million-pound contract for the design and manufacture of two ultra-deepwater work-class ROV launch and recovery systems to be installed into Ceona’s newbuild multip...

Baker Hughes, Aker Solutions form subsea production alliance

Baker Hughes Inc. and Aker Solutions ASA have agreed to form an alliance to develop technology for production solutions that will boost output, increase recovery rates, and reduce costs for subsea ...

OTC 2014: SBM Offshore increases operating range of high pressure swivels

SBM Offshore has been recognized by the OTC Spotlight Awards committee for the very high pressure fluid swivel.

Tracerco granted patent for flow measurement technology

Tracerco, part of the FTSE 100 Johnson Matthey PLC, has won a patent for its oil and gas flow measurement technology, which allows empirical measurement of hydrocarbon flow from individual stages i...

Technip wins Kaombo umbilical contract

Angoflex Ltda (owned jointly with Sonangol) and Technip subsidiary DUCO Ltd., has won a lump-sum contract from Total E&P Angola.

OTC 2014: GE Oil & Gas provides ground fault immune ESP monitoring system

GE Oil & Gas has won an OTC Spotlight Award for the Zenith GFI ground fault immune ESP monitoring system.

People on the Move

Noble Energy reveals executive management succession plan

Charles D. Davidson, chairman and CEO of Noble Energy, plans to retire and leave the board of directors on May 1, 2015.

People

Diamond Offshore Drilling has appointed Marc Edwards as president and CEO and as a member of the board of directors.

Energy XXI to acquire EPL

Energy XXI (NASDAQ: EXXI) (AIM: EXXI) has agreed to acquire for $2.3 billion all outstanding shares of EPL Oil & Gas Inc. (NYSE:EPL).

People

Elisse B. Walter, former chairman of the US Securities and Exchange Commission, has been elected to Occidental Petroleum Corp.'s board of directors.

UAE workshop reviews needs for giant jackups

Drydocks World has held its first joint workshop following its recent letter of intent (LOI) with Offshore Innovation Management to build a series of AJ 62-X135 series of multi-purpose (accommodati...

Webcasts

Offshore Engineering in the Concordia Wreck Removal Project

In this webinar, TECON, design contractor in the Titan-Micoperi joint venture, will discuss how they used Bentley’s SACS software for the structural analysis of the six underwater platforms o...

Offshore Top 5 Projects - 2013

The editors of Offshore have made their choices for the winners of the Five Star Award - the top five offshore field development projects for 2013. The projects were selected on the basis of best u...