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Industry Majors Team Up to Develop Next Generation Subsea Production Equipment

July 22, 2014

FMC Technologies, Inc. announced that it has signed an agreement which establishes a joint industry program that includes Anadarko Petroleum Corporation, BP, ConocoPhillips and Shell for the purpose of jointly developing a new generation of standardized subsea production equipment and systems designed to meet the challenges of producing oil and gas from deepwater reservoirs with… Continue Reading »

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Oil and Gas Hiring Set to Increase, Candidates Choosier

July 22, 2014

Half of hiring managers in the energy industry plan to hire more oil and gas professionals in the next six months as compared to the first half of the year, according to a semi-annual hiring survey from Rigzone, the leading online resource for oil and gas information, data and talent recruitment. That’s a slight tick… Continue Reading »

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Corps Focuses on Protecting Marine Life During Miami Harbor Deepening

July 22, 2014

Miami Harbor is the U.S. Army Corps of Engineers’ first Florida port expansion project to deepen to 50-plus feet, employing some of the highest environmental protection protocols outside of a designated National Marine Sanctuary. The Corps of Engineers works daily with its contractor and multiple federal, state and local agencies to help ensure the health of… Continue Reading »

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Exxon Oil Rig Enters Uncharted Waters of Russian Political Storm

July 22, 2014

An ordinary, long-scheduled journey of an oil drilling rig into Arctic waters is turning into a major political exercise, attracting international scrutiny and creating a dilemma for ExxonMobil. Exxon, the top U.S. oil major and the world’s most valued oil company, is bringing the rig, called West Alpha, from Norway to the Russian Arctic. It… Continue Reading »

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Analyst: Oil, Gas CAPEX Spending to End 2014 a Bit Flat

July 22, 2014

Capital expenditures (CAPEX) spending in the oil and gas industry will end 2014 a little flat on a year-over-year basis after a decline earlier this year, an industry analyst told Rigzone in a recent interview about the mid-year outlook for CAPEX spending and other activity through the remainder of 2014. The decline in oil and… Continue Reading »

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Halliburton Sees N. America Margin Growth On Rise In Drilling

July 22, 2014

Halliburton Co, the world’s No.2 oilfield services provider, said it expect higher margins in North America in the current quarter due to strong drilling activity, signaling an industry-wide recovery in the region after a two-year slump. Halliburton’s shares were up about 1 percent in premarket trading, after the company also raised its share repurchase program… Continue Reading »

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Statoil Resumes Production at Njord A Platform

July 22, 2014

Statoil reported Monday that production has resumed at the Njord A platform in the Norwegian Sea after a year. Production was shut down at the platform after extensive analyses and inspections in 2013 revealed a need to reinforce the Njord A platform structure. Work was carried out during the winter and spring to strengthen the… Continue Reading »

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Gabon Picks Seven Companies For Final Oil Block Talks

July 22, 2014

Gabon has selected seven companies for a final round of negotiations as part of an offshore licensing round the government hopes will reverse a chronic decline in output, the country’s oil ministry said on Monday. The new blocks are located in deep offshore waters – an exploration play that is expensive and uncertain but potentially… Continue Reading »

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Mexico’s Senate OKs Bills Expanding Power of Energy Regulators

July 22, 2014

Mexico’s Senate gave general approval on Monday to legislation laying out expanded powers for energy regulators, part of the fine print needed to implement a constitutional reform that overhauls the oil, gas and electricity sectors. Senators must still debate reservations to the regulatory legislation, which is likely to last into the night. The legislation forms… Continue Reading »

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University of Liverpool to Host Tidal and Wave Energy Workshop

July 21, 2014

A free workshop on tidal and wave energy is to be held on 22 July 12:30–17:00 at the University of Liverpool’s Gallery Room at the Foresight Centre on Brownlow Street. The workshop “Overcoming the obstacles to deployment of tide and wave marine renewable energy” is open to all. The workshop is organised by the Centre… Continue Reading »

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