On the first day of the visit to Venezuela, the head of the Russian delegation Rosneft President Igor Sechin held talks with Venezuelan Oil Minister Rafael Ramírez. Besides, Igor Sechin met Venezuelan Minister of Foreign Affairs Elias Jaua. The parties discussed a wide range of issues regarding development of trade and economic cooperation between the [...]
Genscape, the company that pioneered the placement of thousands of patented, in-the-field energy monitors to measure market fundamentals in real-time, today announced the acquisition of Vesseltracker.com GmbH. This acquisition significantly expands Genscape’s network of proprietary real-time energy monitors to deliver the next era in oceangoing fleet analytics and customized reporting. Vesseltracker uses sophisticated algorithms to [...]
May 22, 2013 | Posted in
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Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced today that Vice President of LNG Sales, Tor-Ivar Guttulsrod, will speak in the Strategy Roundtable of Floating LNG 2013, the world’s largest conference on floating LNG on Wednesday, June 12, 2013. Guttulsrod will be part of the Technical Panel, speaking on how [...]
May 21, 2013 | Posted in
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GeoPark Holdings Limited (“GeoPark”), the Latin American oil and gas explorer , announced its strategic entry into Brazil with the acquisition of a ten percent working interest in the offshore Manati gas field (“Manati Field”) — the largest natural gas producing field in Brazil. On May 14, 2013, GeoPark executed a stock purchase agreement (“SPA”) [...]
May 15, 2013 | Posted in
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Cargotec’s MacGregor has received EUR 37 million order from Hornbeck Offshore Services Inc. to deliver four 250-tonne active heave-compensated (AHC) subsea cranes for four multi-purpose supply vessels (MPSV). The cranes will be delivered between fourth quarter 2014 and third quarter 2015. The order is booked in the second quarter 2013 order intake. “MPSVs are specialized [...]
May 14, 2013 | Posted in
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Subsea 7 S.A. today announced a contract award by Pemex to its Mexican joint venture valued at approximately $90 million. The contract comprises the engineering, fabrication and installation of an 8km pipeline, related risers, two slug catchers1 and two cantilever structures for the Line 67 Project in the Bay of Campeche, offshore Mexico. This is [...]
Vector Technology Group Subsea Division last delivered its solutions for the Marine Well Containment System Project in the Gulf of Mexico. The scope of supply was to design, manufacture, assemble and test two safety systems to connect two free standing risers at the top and bottom locations that could be deployed in the GoM in [...]
May 13, 2013 | Posted in
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Bureau of Safety and Environmental Enforcement (BSEE) Director James Watson and U.S. Coast Guard Rear Admiral Joseph Servidio announced yesterday at the Offshore Technology Conference in Houston, Texas a new Memorandum of Agreement (MOA) that will strengthen the working relationship between their two agencies on the management of safety and environmental protection responsibilities on the [...]
GE Oil & Gas is launching its next-generation SeaONYX* blowout preventer (BOP) surface control system and operator interface at the 2013 Offshore Technology Conference (OTC). Designed for high-speed, reliable performance in the demanding deepwater drilling environment, the new system incorporates GE’s Mark* Vle hardware and Proficy* software tools, which have been proven in a wide [...]
Talisman Energy Inc. has announced the appointment of Paul R. Smith as Chief Financial Officer (CFO), effective May 20, 2013. Paul is currently Executive Vice-President, North America, within Talisman. Scott Thomson, Talisman’s current CFO, is leaving the company to become President and Chief Executive Officer (CEO) of Finning International, the world’s largest Caterpillar equipment dealer [...]