Beacon Offshore Energy, wholly owned by funds managed by Blackstone Energy Partners, an affiliate of Blackstone, announced that Scott Gutterman has joined Beacon as its Chairman and Chief Executive Officer.In addition, industry veterans Paul…
Rig company Northern Drilling has appointed Scott McReaken as chief executive officer (CEO).The John Fredriksen-controlled company said in a press release that McReaken will succeed Gunnar Winther Eliassen who will continue to support the company through Seatankers Consultancy Services…
The floating tidal turbine developer Scotrenewables Tidal Power Limited has announced a comprehensive company-wide rebranding to Orbital Marine Power.The new name is inspired by the orbital cycle of the moon around the earth, the reliable provider of tidal energy…
U.S. liquefied natural gas company Tellurian Inc said on Wednesday it remains on track to begin construction of its Driftwood LNG export terminal in Louisiana in the first half of 2019 and begin operations in 2023.Tellurian President and CEO…
U.S. crude oil production jumped 215,000 barrels per day (bpd) to 10.47 million bpd in March, the highest on record, the Energy Information Administration (EIA) said in a monthly report on Thursday.Production in Texas rose by 4 percent to almost 4…
Just days after announcing the US would make 90% of the country's Outer Continental Self (OCS) open to future oil and gas lease sales, US Secretary of the Interior Ryan Zinke said he would take Florida off the table after the state's governor…
Seeking to reduce “unnecessary regulatory burdens” while maintaining or advancing safety and environmental protection, the US Bureau of Safety and Environmental Enforcement (BSEE) plans to revise the Production Safety Systems Rule governing…
Halliburton has released the Geometrix 4D shaped cutters, a line of four distinct geometric profiles to help improve cutting efficiency and increase control to reduce drilling costs. “The launch of Geometrix cutters demonstrates our…
Statoil has spudded the last well of its three-well drilling campaign on the UK Continental Shelf (UKCS). Transocean Spitsbergen. Image from Statoil. According to partner Jersey Oil & Gas (JOG)…
Norwegian oil major Statoil is preparing to spud the first of a three-well exploration campaign, including the high-impact Verbier prospect, on the UK Continental Shelf. Early this month, the Transocean Spitsbergen semisubmersible drilling rig will spud the first well…
The UK's Oil and Gas Authority has cleared Maersk Oil North Sea to assign its interest in license P218 to new independent RockRose Energy. The license contains the Scott (Maersk 5.16%) and Telford (Maersk 2.36%) fields. Scott and Telford are operated by Nexen through the Scott platform…
Former Louisiana state official Scott A. Angelle has been appointed as the director of the US Bureau of Safety and Environmental Enforcement (BSEE), effective 23 May. Angelle. Image from BSEE. Angelle…
RockRose Energy has agreed a deal to acquire Egerton Energy Venture's share capital, in a move which will see it take over the firm's non-operated interests in the Galahad (27.8%) and Mordred (8.33%) gas fields in the southern North Sea. RockRose…
McDermott International has won a contract award from Hess Corp. for subsea tieback work for its deepwater Penn State Deep (PSD) field in the Gulf of Mexico. The PSD field is located in the Garden Banks 216 block in approximately 1500ft of water…
Cameron President R. Scott Rowe is leaving Schlumberger to become the new president and chief executive officer at Flowserve Corp. a provider of flow control products and services for the global infrastructure markets. His appointment is effective 1 April…
