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Latest International Onshore Conventional News

BSEE, USCG sign agreement for regulating mobile offshore drilling units

Jun 5, 2013

On June 4, Bureau of Safety and Environmental Enforcement (BSEE) Director James Watson and US Coast Guard Rear Admiral Joseph Servidio signed a Memorandum of Agreement (MOA) for regulating mobile offshore drilling units (MODU) on the Outer Continental Shelf (OCS).

Express Energy Services offers new technology for offshore plug and abandonment, decommissioning

May 21, 2013

Express Energy Services has introduced a newly developed, integrated work station for offshore plug and abandonment (P&A) and decommissioning operations along with new mechanical cutting tool technologies. The system is currently operational in the Gulf of Mexico.

Clariant Oil Services to acquire Champion Technologies' deepwater Gulf of Mexico assets

Apr 15, 2013

Complementary to its strategy to develop deep water solutions and grow its operations in North America, Clariant Oil Services has agreed to acquire certain Gulf of Mexico assets from Ecolab Inc.

Hornbeck Offshore closes $450M private placement

Mar 28, 2013

Hornbeck Offshore Services Inc. has closed the sale of $450 million principal amount of 5.000% Senior Notes due 2021 in a private placement.

Oceaneering secures frame agreement with Teekay

Mar 25, 2013

Oceaneering Asset Integrity has secured a five-year global Risk Based Inspections (RBI) frame agreement with Teekay Corp. subsidiary Teekay Petrojarl.

Wood Group Kenny awarded Sapinhoa presalt field riser design contract with Saipem

Mar 14, 2013

Houston-based Wood Group Kenny has been awarded a contract by Saipem for the engineering analysis and configuration design of the steel lazy-wave riser (SLWR) system for the Sapinhoa Norte pre-salt field, about 300 kilometers (186 miles) off the coasts of Rio de Janeiro and Sao Paulo states in Brazil.

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Mar 13, 2013

Investcorp acquires oilfield services provider Hydrasun

Feb 18, 2013

The Investcorp Gulf Opportunity Fund has agreed to acquire a controlling stake in Hydrasun, an international provider of fluid control equipment and solutions for the global offshore oil and gas sector, from Equistone Partners Europe Limited.

Harbinger, EXCO partner to acquire $132M in oil and natural gas assets from BG Group affiliate

Feb 18, 2013

HGI Energy Holdings LLC, a wholly-owned subsidiary of Harbinger Group Inc. (NYSE: HRG) has closed on its previously announced joint venture with EXCO Resources Inc. (EXCO; NYSE: XCO) to create a private oil and gas partnership.

Saratoga Resources provides operations update

Jan 24, 2013

Independent oil and gas exploration and production company Saratoga Resources Inc., announced Dec. 4, 2012, an update on its planned operations.

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Carnarvon to explore two permits in Barrow sub-basin

Jun 5, 2014

Carnarvon Petroleum Ltd. has been awarded two contiguous blocks on the eastern flank of the prolific oil producing Barrow sub-basin: Petroleum Exploration Permit EP-490 (bid block L11-6) and TP/27 (bid block T11-3) offshore Western Australia. Carnarvon is the operator and 100% working interest holder in these blocks, which cover a total area of 675 square miles (1,750 square kilometers).

Report predicts surge in world subsea expenditure

Jun 5, 2014

Global subsea hardware capex could total $117 billion between 2014 and 2018, according to Douglas-Westwood’s latest market forecast.

Hitachi Solutions Canada to unveil JV solution for oil and gas industry

Jun 4, 2014

Hitachi Solutions Canada, a global provider of industry solutions based on Microsoft Dynamics AX, will be launching an oil and gas joint venture solution using Microsoft Dynamics AX 2012.

Primoris wins underground contract work valued at over $10 M

Jun 2, 2014

Primoris Services Corp. has received a new contract award from a midstream oil and gas customer. The new contract was secured by Sprint Pipeline Services, a division of Primoris Energy Services, a Primoris subsidiary and part of the East Construction Service segment.

NORTH AMERICA UPSTREAM

Alpha Crude Connector to conduct open season

Jun 2, 2014 Alpha Crude Connector LLC intends to conduct an open season for the Alpha Crude Connector pipeline, a new FERC-regulated crude oil transportation pipeline to be located in Lea and Eddy counties in ...

MicroSeismic names Foster as president and CEO

May 30, 2014

MicroSeismic Inc. has appointed Jeff Foster as the company’s president and CEO. Founder of the company and past CEO, Peter M. Duncan, will continue with MicroSeismic as co-chairman.

KMP to expand carbon-dioxide infrastructure

May 8, 2014

Kinder Morgan Energy Partners LP is set to invest $671 million to grow its carbon-dioxide infrastructure in southwestern Colorado and New Mexico.

TPC Group expands polyisobutylene capacity

May 1, 2014

TPC Group, a provider of C4 based products and services, has achieved a milestone in its comprehensive expansion program to increase polyisobutylene capacity.

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