Royal Dutch Shell Plc is in talks to sell its assets in a Gulf of Mexico oilfield to Focus Oil to pay for its takeover of BG Group Plc, Bloomberg reported on Thursday, citing people familiar with matter.The deal could value Shell's stake in the Caesar Tonga field at about $1…
An expansion of oil drilling in the eastern Gulf of Mexico would interfere with U.S. military testing unless the Pentagon and another agency develop rules to govern the work, the U.S. Department of Defense said in a report this week.The Defense…
Edison Chouest Offshore (ECO) affiliate C-Innovation (C-I) has formed a turnkey subsea projects group. The move will allow C-I to provide subsea services with the backing and support of the diverse family of companies with the ECO group. C…
Former Apache North Sea boss Jim House has signed up to Neptune Energy as CEO, starting this month. House makes the move from Apache Corp. where he has spent the last 26 years in senior leadership roles, most recently as the Senior Vice President responsible for Egypt…
Jan De Nul Group has begun preparations for the subsea cable laying work for ADMA-OPCO’s NASR Full Field Development Package 2 Project off the coast of Abu Dhabi in the Arabian Gulf. Isaac Newton…
The US Department of Justice (DOJ) has charged Wood Group PSN with criminal conduct, ordering the company to pay US$9.5 million in fines for two separate incidents in the Gulf of Mexico, one of which led to three fatalities in 2012, leaving those involved to face manslaughter charges…
The US Bureau of Ocean Energy Management (BOEM) held two lease sales today (23 March) in New Orleans, amid loud protests from environmental groups. One lease sale (Lease Sale 241) attracted some US$156 million in high bids, the other sale (Lease Sale 226)…
Sinopacific Shipbuilding Group successfully delivered three SPP17A platform supply vessels (PSV) to owner Naviera Petrolera Integral (NPI) at Zhejiang Shipyard. The 3 SPP17A PSVs were contracted in July 2014. All of them are the SP series…
Several companies and individuals, including Black Elk Energy Offshore and Wood Group PSN (WGPSN), are being charged with crimes for the fatal November 2012 explosion of the West 32-E platform in the Gulf of Mexico that left three contract workers dead…
Offshore energy production in the Gulf of Mexico has experienced relatively minor disruptions because of tropical storms and hurricanes in recent years, and the National Oceanic and Atmospheric Administration (NOAA) has predicted a below…
Chinese shipbuilder, SINOPACIFIC Shipbuilding Group won the bid for the construction of nine anchor handling tug supply (AHTS) vessels for Abu Dhabi National Oil Co. (ADNOC) and its wholly owned subsidiary, ESNAAD. The design that won the bid is the SPA80A…
Weatherford International announced that Bill Lane, vice president of emerging technologies for artificial lift, received the Society of Petroleum Engineers (SPE) Gulf Coast Regional Production and Operations award for his outstanding contributions…
Africa-focused proprietary investment firm L.A.T. Cleveson (LATC) signed an order with Damen Shipyards Group for two PSV 3300 platform supply vessels and two FCS 5009 fast supplier vessels. This order will bring next generation Damen…
Keppel Offshore & Marine Ltd. (Keppel O&M) wholly owned subsidiaries Keppel Shipyard Ltd and Keppel Nantong Shipyard Co. Ltd were awarded contracts worth approximately US$120 million. From Keppel Bumi…
The Edison Chouest Offshore (ECO) family of companies has started construction on a massive logistics support base and naval repair shipyard for its own vessels at the Port of Açu, in São João da Barra, northern Rio de Janeiro state, Brazil…
