Marathon Oil News

 

Marathon keeps UK North Sea assets

Jun 02, 2014

Marathon Oil has announced it is no longer marketing its UK business after agreeing a deal to sell off its Norwegian unit.  Marathon Oil Norge is to be sold to Norway’s Det norske oljeselskap in a US$2.1 billion cash deal. The sale…

Marathon selects Technip for Alvheim

May 13, 2014

Technip was awarded by Marathon Oil Norge a contract for the extension of subsea infrastructure on the Alvheim field, located on the Norwegian Continental Shelf. The scope of work includes installation engineering, procurement, fabrication…

Maersk Valiant sails for GOM

Apr 16, 2014

Maersk Drilling’s second drillship, Maersk Valiant, has started its voyage to the US Gulf of Mexico (GOM) today after being delivered from Samsung Heavy Industries' (SHI) shipyard in Geoje-Si, South-Korea. Maersk Valiant (pictured) will…

Glacier buys NDT firm PTS

Mar 07, 2014

Glacier Energy Services has bought Professional Testing Services (PTS), the provider of non-destructive testing (NDT) and inspection services to the oil and gas and offshore renewable sectors. Headquartered in Aberdeen, Glacier’s…

First steel cut on Alba

Mar 07, 2014

First cut for Marathon Oil's Alba field B3 compression platform project was marked at Heerema Fabrication Group's (HFG) HFG Polska yard, in Opole, Poland, with project partner Iv-Oil & Gas (Iv). Operated by Marathon Oil subsidiary Marathon E…

Barryroe potential grows

Feb 18, 2014

Partners on the Standard Exploration Licence (SEL) 1/11, offshore Ireland,containing the Barryroe oil field, have been granted an extension to the license. The partners Providence Resources (operator with 80% WI) and Lansdowne Oil & Gas…

Noble orders umbilicals

Feb 14, 2014

Houston-based Noble Energy has contracted Norway-headquartered Aker Solutions to provide umbilicals and subsea equipment for use in the Gulf of Mexico and offshore Israel. In the deepwater Gulf of Mexico, Noble Energy sanctioned two subsea…

Maersk Drilling names drillships

Jan 23, 2014

Maersk Drilling’s second and third ultra-deepwater drillships were named this morning in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lisa Lance, wife of Ryan M. Lance, chairman and chief executive officer…

Safety discussion in Aberdeen

Jan 03, 2014

The importance of safety in the offshore industry will be the subject of discussion at the next evening meeting and supper hosted by the Energy Institute in Aberdeen. Guest speaker Steve Bullock, senior vice president HSSEIA Offshore Projects and Operations at Petrofac…

Marathon markets North Sea assets

Dec 12, 2013

Marathon Oil has said it is to start marketing its UK North Sea and Norway assets as part of a continued portfolio optimization strategy.  Marathon Oil president and CEO Lee Tillman said the move came as the business was focusing activity on US resource plays…

Lundin abandons Sverdrup wildcat

Oct 15, 2013

Lundin Petroleum, through its wholly-owned subsidiary Lundin Norway, posts the completion of wildcat well 6608/2-1S. The well was drilled in PL330 about 60km east-southeast of the Aasta Hansteen gas field in the Norwegian Sea. The exploration well 6608/2-1S…

Lundin plugs disappointing Sverdrup appraisal

Oct 14, 2013

Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announced the completion of wildcat well 6608/2-1S. The well was drilled in PL330 about 60km east-southeast of the Aasta Hansteen gas field in the Norwegian Sea…

Marathon cashes in Angola

Sep 11, 2013

Marathon Oil is to sell its 10% interest in deepwater Block 32 offshore Angola to Sonangol for about US$590 million. The firm also announced plans to repurchase US$1 billion of its common stock and buy about 4800 acres in the core of its south Texas Eagle Ford position…

Entrance and Egress

Aug 01, 2013

US Bureau of Safety and Environmental Enforcement (BSEE) Director James A. Watson will step down to join maritime class society ABS as its president and chief operating officer (COO) of the Americas Division, effective September 2013. Chevron North Sea Ltd…

Entrance and Egress

Jul 18, 2013

ABB appointed Ulrich Spiesshofer, the head of its Discrete Automation and Motion (DM) division, to succeed Joe Hogan as CEO, effective September 15. Marcio Rocha Mello, founder and CEO of Brazilian E&P firm HRT, has resigned his position…

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