Det norske announced its 2Q 2014 financial results on 17 July. Among other financial highlights and activity, the company discussed its agreement to acquire Marathon Oil Norge for US$2.1 billion. Announced 2 June 2014, the transaction is expected to close 4Q 2014…
The BP MS 150 is a two-day fundraising cycling ride organized by the National Multiple Sclerosis Society: Lone Star Chapter. This ride is the largest event of its kind in North America, and the top fund- raiser for the society, but it’s one of more than 100 Bike MS rides staged around the US…
Ocean Rig UDW Inc., a subsidiary of Athens-based DryShips Inc., announced that it signed a six-year contract with Total E&P Angola for drilling operations in Block 32 offshore Angola, using the ultra-deepwater drillship Ocean Rig Skyros…
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…
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 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 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 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…
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…
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…
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 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…
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…
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…
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…
