People on the Move

UK independent Trapoil opts for name change

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

Statoil adds Agerup to board

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

Business Briefs

Dril-Quip names Newman to board

Dril-Quip Inc. has named Steven L. Newman to its board of directors.

Maersk Drilling navigates low visibility in the market

Maersk Drilling delivered a profit of $218 million in the second quarter of 2015. The result was positively impacted by continued strong operational performance, fleet growth, general cost savings ...

Noreco CFO resigns

Odd Arne Slettebø has resigned as CFO of Noreco. 

Wärtsilä names Eskola as president and CEO

Wärtsilä’s board of directors has appointed Jaakko Eskola as president and CEO.

Smith steps down from Ceona chairmanship

John Smith, chairman of the Ceona board, has stepped down due to ill health.

Pollard becomes OptaSense CEO

QinetiQ has appointed Jamie Pollard as CEO of its OptaSense distributed acoustic sensing business.

Total E&P Nigeria names new deputy managing director for deepwater

Total E&P Nigeria Ltd. has appointed Ahmadu-Kida Musa as deputy managing director, DeepWater District based in Lagos. 

SEG releases results of board elections

The Society of Exploration Geophysicists membership has selected Bill Abriel as president-elect for 2015-2016.

MacLeod to head CNSOPB

Canada’s Ministry of Natural Resources and Nova Scotia’s Ministry of Energy have appointed Roderick K. MacLeod to chair the Canada-Nova Scotia Offshore Petroleum Board. 

Company News

Ezra, Chiyoba ink subsea MOU

Under a binding memorandum of understanding with Ezra Holdings Ltd., Chiyoda Corp. will invest in Ezra’s subsea services business, EMAS AMC, to form EMAS CHIYODA Subsea, a 50/50 joint venture.

McDermott nets second major contract from Aramco

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

Seadragon Energy says the partners in the South Ramadan Concession in the offshore Gulf of Suez offshore Egypt have awarded a seismic reprocessing contract.

Lamprell implements efficiency measures at UAE yards

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

Undeveloped UK fields deserve attention, report claims

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


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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