Offshore Energy News


Zargon Cash Dividend for December 2014

Dec 16, 2014

Zargon Oil & Gas Ltd. confirms that the monthly cash dividend for the month of December in the amount of Cdn. $0.06 per common share will be paid on January 15, 2015 to shareholders of record on December 31, 2014. Unless otherwise indicated…

ABIS Projects Bags £1m Contracts

Dec 16, 2014

ABIS Projects has won a clutch of contracts worth around £1million over the next 15 months. The oil and gas project services consultancy has secured frame agreements and call-off contracts with ADTI, Hunting, Talisman Sinopec and North Sea newcomer…

InterAct Appoints Lerma as Engineering Manager

Dec 15, 2014

InterAct, an Acteon company, has appointed Val Lerma, P.E., as engineering manager. Lerma will be based in InterAct’s Ventura, California, office and has more than 30 years of experience working with major and independent oil and gas operators…

DNV GL: New RP for Integrity Management of Subsea Production Systems

Dec 15, 2014

Following a new Recommended Practice (RP) for subsea lifting, DNV GL has published an RP providing guidance on how to establish, implement and maintain an integrity management system (IMS). According to DNV GL, the aim is to help operators carry…

MacGregor Bags Equipment Contract for 6 AH

Dec 15, 2014

MacGregor, part of Cargotec, has received a major order from Kleven in Norway for six comprehensive deck handling equipment packages. They will be installed on six new-generation Anchor Handling Tug Supply (AHTS) vessels for Maersk Supply Service…

Bhagwan Dryden Delivers Dive Support Vessel Solution

Dec 15, 2014

Incat Crowther’s first-of-type Catamaran Dive Support Vessel, Bhagwan Dryden, has set a new standard for catamaran dive support vessels since its launch and delivery earlier this year. Operational feedback has been positive for the vessel…

Leighton to Sell John Holland

Dec 13, 2014

Leighton Holdings today announced it had entered a binding agreement for the sale of John Holland to CCCC International Holding Limited (CCCI).CCCI is a wholly-owned subsidiary of China Communications Construction Company (CCCC), the…

Bibby Offshore Names Hughes Interim Managing Director

Dec 12, 2014

Pete Hughes has been appointed by Bibby Offshore as Interim Managing Director, Asia Pacific, effective immediately. Hughes currently serves as the company’s Strategic Delivery Director and takes over the role from Darren Morgan who has left to pursue opportunities outside the group…

Chevron Takes Cummings on Board

Dec 11, 2014

Chevron Corporation informed that Alexander B. Cummings Jr. has been elected to Chevron's board of directors, and he will serve on the company's Audit Committee.John Watson, chairman of the board and chief executive officer of Chevron said…

Mexico OKs First Shallow Water Offshore Contract

Dec 10, 2014

Mexico has approved the tender of 14 initial contracts for exploration and production of oil and gas in shallow waters, the National Hydrocarbons Commission said on Wednesday, December 10, 2014.Following a energy overhaul finalized earlier this year that ended a 75-year state monopoly…

2H Offshore Appoints Hariharan

Dec 10, 2014

2H Offshore has appointed Madhu Hariharan as an additional director in its London office. Hariharan’s considerable riser engineering experience further strengthens the senior management team in the UK and will help develop 2H Offshore’s growing client base in Europe and the Middle East…

Cameroon Oil Output up 15%

Dec 09, 2014

Oil production in Cameroon rose 15 percent year-on-year to 22.69 million barrels by the end of October, according to the state oil firm, but output may double within the next two years as new fields come on line.Cameroon became a modest oil producer in 1977…

Unique System & HYPACK's Hydrographic Course in UAE

Dec 09, 2014

A division of the Unique Maritime Group (UMG) which is one of the world’s leading integrated turnkey subsea and offshore solution providers, Unique System FZE in conjunction with HYPACK Inc. has successfully conducted HYPACK’s hydrographic…

EMGS Wins 3D EM Contract with BG Group

Dec 09, 2014

Electromagnetic Geoservices ASA (EMGS) is pleased to announce that it has been awarded a contract from BG Group worth approximately USD 27 million for 3D EM data acquisition in Uruguay. 'We are delighted to start working for BG in Uruguay on this survey…

Congressman Introduces Bill Lifting Oil Export Ban

Dec 08, 2014

U.S. Representative Joe Barton will introduce a bill on Tuesday to lift the 40-year ban on exports of crude oil, but the measure has almost no chance of passing due to lawmaker concerns about fuel prices and costs to refiners.Barton, a Republican from Texas…

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