Baker Hughes’ rig count for December 2015 shows decreases across five of the six regions with the US suffering the most, representing a 59.3% drop year-on-year, and the Middle East with the only increase. Image from iStock…
Wild Well Control increased its presence in the Asia-Pacific region this month. Steve Nas, regional manager of Well Control Engineering – Asia-Pacific region, brings nearly 35 years of experience with a focus on underbalanced and managed…
Harkand, an inspection, repair, maintenance (IRM) and light construction company, has named Doug Fieldgate general manager of its African business. Fieldgate has 23 years of experience in the African oil and gas market primarily focused on West Africa – he will be based in Houston…
Image from DOF Subsea. DOF Subsea has been awarded several major contracts with a total value in excess US$351 million (NOK 3 billion), including options, securing both short-term and long-term utilization of assets and personnel…
Houston headquartered Apache Corporation has shaken up its leadership team and regional operating structure to 'streamline' the business, including creating an 'offshore' division. The move includes creating 'more integrated, super-region structures…
Young Okunna, GlobalData's upstream analyst covering Sub-Saharan Africa reported that the current downturn in oil prices has not slowed down in the region. Although several firms have cut back on their global exploration budgets, the region continues to attract activity…
Russia’s Gazprom announced plans to build a new LNG plant on the Baltic Sea on Thursday (22 January). The project, called Baltic LNG, will be built at Ust-Luga, in the Leningrad region, near the Gulf of Finland. It will be capable of producing 10 MPTA of LNG…
DOF Subsea, a subsidiary of DOF ASA, has been awarded several contracts in the North America region by key clients and oil majors in the Gulf of Mexico. The contract awards will give a utilization of the chartered-in vessels Ross Candies…
Norwegian subsea contractor Ocean Installer has opened an office in Brazil stating that the country represents significant growth opportunities in the years ahead. “We have seen the need to establish an office to serve the Brazilian oil and gas market…
2H Offshore invested in improved office facilities in Kuala Lumpur, Malaysia and Perth, Australia, to support ongoing growth in the Asia Pacific region. “The subsea oil and gas industry in Asia Pacific continues to grow rapidly,' says Hugh Howells…
The Middle East will be one of the key markets for oilfield services companies for decades to come as countries across the region seek to maximize recovery from maturing assets and bring new fields into production, according to leading energy specialist corporate advisory firm Simmons & Co…
Norwegian-based subsea contractor Ocean Installer has opened an office in Perth, Australia to meet client demand for subsea construction services. “This is the beginning of our presence in another promising region in line with Ocean Installer’s growth strategy…
N. Foster Mellen analyzes West African transactional activity and drilling rig data, which indicates a promising future for the region. Continuing strong upstream transaction activity in West Africa bodes well for the oil and gas industry…
TGS announced it will conduct three new multi-client surveys; a 3D survey offshore Australia, a 2D survey offshore New Zealand and a 3D survey in the West of Shetland region. Nerites Season 2 is the largest 3D survey TGS has acquired to date in the Asia Pacific region and will cover 13…
DOF Subsea has been awarded several contracts, worth NOK 475 million (c.US$80 million) in total, across Asia Pacific, the Atlantic region and North America. In the Asia Pacific region, DOF Subsea has been awarded several contracts, including IMR services and subsea installation work…
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