National Oilwell Varco, Inc. announced today that Mark A. Reese resigned on April 29, 2013 as President – Rig Technology to pursue other business opportunities. Pete Miller, Chairman and CEO of National Oilwell Varco, remarked, “In his 33 years with NOV, Mark has literally worked his way up from the field to become the President of our largest [...]
Tullow Oil plc provides an update on progress with the Priodontes-1 well, offshore French Guiana. The Priodontes-1 well, offshore French Guiana, has now been drilled to a Total Depth of 6,318m in water depths of 1,750m. Having encountered no hydrocarbons in the main target reservoir, the well has been plugged and abandoned. The Stena [...]
The UK’s prolonged winter muted drilling and deals growth in the North Sea after a strong finish to 2012, according to a new report from Deloitte, the business advisory firm, into offshore activity. The report, compiled by Deloitte’s Petroleum Services Group (PSG), tracks upstream activity across North West Europe and found that both drilling and [...]
China’s semi-submersible offshore drilling rig, HYSY 981, is undergoing repairs, after oil leaks have been discovered in the rig’s pump room, Reuters reports. The rig, owned by CNOOC, is the first and only deepwater drilling rig designed and built in China. The news agency quoted CNOOC which said that the company was working to fix [...]
Lee Kian Soo, 67, founder and Executive Chairman of Ezra Holdings Limited today stepped down after helming the company for the past 20 years. He leaves with the Group in a strong position, having achieved revenues of nearly US$1 billion in Financial Year 2012. Succeeding him is corporate veteran Koh Poh Tiong, 66, who assumes [...]
ATP Oil & Gas Corporation, an international offshore oil and gas development and production company with operations in the Gulf of Mexico, Mediterranean Sea and the North Sea, 0n June 1, 2012, announced that Matt McCarroll replaced T. Paul Bulmahn as Chief Executive Officer of the company. However, as of Thursday June 7, 2012, the company [...]
Premier Oil, a growing oil and gas exploration and production company with interests in eight countries around the world today announced its Interim Management Statement for the period to 15 November 2011. Premier’s two significant Asian developments are now onstream. Chim Sáo field offshore Vietnam is producing 25-30 kbopd, which is ahead of expectations. Gajah [...]
![UK: Shell Defends Safety Record After Gannet Leak]()
Royal Dutch Shell has defended its safety record following a leak of more than 200 tons of oil into the North Sea. Environmental groups … Reported by: Louis Makiello (The Epoch Times) Source: The Epoch Times, August 26, 2011;
![China: BZ 28-2S Oil Fields Back in Production, CNOOC Says]()
CNOOC Limited (the “Company”) announced today that, BoZhong 28-2 South (“BZ 28-2S”) oilfields which suspended operation in this April due to a malfunction occurred on the Single Point Mooring System, has restarted production. Currently the operation in BZ 28-2S oilfields is running smoothly. The production capacity of the oil fields has recovered to the level [...]
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![PSA Norway Orders Shell to Overhaul Well Procedures After Draugen Incident]()
The Anglo-Dutch group, the field operator, has been ordered to overhaul well procedures on the production platform after breaching a … Source: Telegraph.co.uk, Source:Telegraph , May 24, 2011;
