Marathon Oil News

 

Helix Secures P&A Work in GOM

Jan 21, 2019

Houston based Helix Energy Solutions Group is slated  to perform plug and abandonment operations (P&A) work in the Gulf of Mexico following a recent agreement with Marathon Oil.The services company announced Monday that it acquired from Marathon…

Equatorial Guinea Punishes Subsea 7

Nov 22, 2018

Equatorial Guinea has ordered energy operators to stop doing business with oil and gas service firm Subsea 7 for failing to comply with local laws aimed at creating more jobs for locals, the oil minister said on Thursday.In September, an oil ministry source warned that Schlumberger…

HAF Consortium Wins Brae Bravo Decom Deal

Oct 03, 2018

Heerema Marine Contractors (HMC) and AF Offshore Decom (AFOD), together known as the HAF consortium, have been awarded a contract with Marathon Oil Decommissioning Services for the Engineering, Preparation, Removal and Disposal (EPRD) services of the Brae Bravo Platform…

Well-Safe takes on Jim Christie

Sep 04, 2017

Decommissioning services firm Well-Safe Solutions has appointed Jim Christie as director of programs. The specialist well abandonment company, launched in July this year, has already assembled a senior team of eight well-known industry experts and now employs 20 people…

Marathon submits Brae decom plan

Jun 21, 2017

Marathon Oil has submitted to the UK Department for Business Strategy and Industrial Strategy a consultancy draft of plans to decommission its Brae Alpha, Brae Bravo, Central Brae, West Brae and Sedgwick offshore facilities. Brae Bravo…

Marathon renews Archer Braes contract, tests ComTrac

May 04, 2017

Marathon Oil has renewed a contract for work on its three Brae platforms in the North Sea with Aberdeen-based oilfield equipment firm Archer.   The contract for platform drilling, maintenance and engineering services was first signed in 1993…

VAALCO appoints new CFO

Apr 18, 2017

VAALCO Energy has appointed Phil Patman as chief financial officer (CFO) effective 17 April 2017. Patman has over 20 years of experience in the oil, gas and other areas of the energy industry in key roles including finance, business development…

Equatorial Guinea extends licensing round

Feb 28, 2017

Equatorial Guinea's Ministry of Mines and Hydrocarbons has extended the closing date of its 2016 Licensing Round, due to a 'wave of new exploration interest' thanks to a more positive outlook in the industry.  The round, offering 'all…

Marathon Oil appoints Dane Whitehead as CFO

Feb 24, 2017

Marathon Oil has appointed Dane Whitehead executive vice president and chief financial officer, with an anticipated effective date of 6 March. Whitehead, 55, has most recently served as executive vice president and CFO of both EP Energy Corp…

NOPSEMA appoints safety, integrity head

Dec 13, 2016

Australia’s National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) appointed Derrick O’Keeffe as the head of division for safety and integrity. In this role, O’Keeffe will ensure regulatory requirements around…

Grounded rig Transocean Winner refloated

Aug 23, 2016

At 10pm last night (Monday 22 August) the Transocean Winner drilling rig was successfully refloated from Dalmore Bay, on the Isle of Lewis, off the west of Scotland, where it had grounded just over two weeks ago. Following its refloat…

Marathon Oil CFO resigns

Aug 22, 2016

J.R. Sult, executive vice president and CFO, has elected to leave Marathon Oil for personal reasons following an appropriate transition period. Sult's departure is not related to any disagreement with the company regarding financial disclosures…

Salvors fail to board grounded rig

Aug 12, 2016

Plans to put a team of eight salvors on board the grounded semisubmersible oil rig Transocean Winner have had to be called off because the conditions are unsuitable to winch them down safely, according to the Maritime & Coastguard Agency…

Conoco, Marathon cut short Maersk Valiant contract

Jul 28, 2016

ConocoPhillips and Marathon Oil Corp. have signed an early termination agreement for the deepwater drillship Maersk Valiant, Maersk Drilling says. The termination, which comes following Conoco's decision to halt Gulf of Mexico deepwater exploration spending…

Noble online at Gunflint

Jul 21, 2016

Noble Energy started production at Gunflint in the deepwater Gulf of Mexico, the Houston-based explorer announced today (21 July). Map of Gunflint, from Noble Energy. The Gunflint oil development…

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