The IADC (International Association of Drilling Contractors) North Sea Chapter recognised the very best in safety performance at its annual Safety Awards Ceremony held in Aberdeen recently. “The Safety Awards Dinner is our opportunity…
The offshore industry’s highest achievers were recognised at last night’s 2013 Offshore Achievement Awards, with Malcolm Webb, chief executive of Oil & Gas UK, picking up the Significant Achievement accolade.The 27th awards ceremony, which saw a record attendance of 530 guests…
Eleven panel sessions will give visitors to the SPE Offshore Europe 2013 conference unprecedented access to hear the views of top industry executives, government ministers and discipline specialists.The panel sessions will all aim to respond to the conference theme…
Hercules Offshore Inc. acquired the offshore drilling rig Ben Avon from a subsidiary of KCA Deutag for US$55 million in cash, the company announced on 21 February 2013. Ben Avon Jackup Rig (Image: KCA Deutag)The Ben Avon is a LeTourneau Class…
Ian MacKenzie (pictured) takes over as CEO of Hardy Oil & Gas next month. A chartered mechanical engineer, he served most recently as an executive director of the KCA Deutag Drilling Group.
Hunting has completed the acquisition of Specialty Supply for an initial cash consideration of $31 million. Located in Houston, Specialty manufactures precisionmachined MWD parts used in directional drilling markets worldwide.Lankhorst Mouldings and…
Australian contractor Clough is selling its offshore marine construction business to Malaysia's SapuraCrest Petroleum in a cash deal worth roughly $129 million. The sale includes the Java Constructor derrick lay barge, Clough's interest in the…
With wellbores drilled in ever deeper waters penetrating further into the earth and clients demanding improved performance from all parts of the drilling process, VAM Drilling has focused on two aspects of the drillstem it believes deliver on the reliability front…
Marathon Oil is spinning off its downstream business to create the upstream Marathon Oil Corporation, to be based in Houston, and the downstream Marathon Petroleum Corporation, based in Ohio. Marathon Oil will operate and report through three segments: exploration & production…
FIRMSSubsea 7 has entered a global technology partnership agreement with CRC-Evans Pipeline International. Under the agreement CRC-Evans' automatic welding, coating and testing technologies will be installed at the Subsea 7 pipeline fabrication spoolbases in Angola…
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