CGG Expands Anadarko Basin Library With Scoop/Stack Survey
CGG has commenced the acquisition of a new high-density 3-D survey in the Anadarko Basin, the company said on Jan. 15.
Permian Basin Operators Look to Standardize Techniques, Measures
A Permian standard is emerging after experimentation during a decade of drilling the basin’s multiple unconventional shales has found diminishing returns, says CEO of reserve evaluation firm Haas Engineering.
Halliburton Taps Mark Richard To Replace Jim Brown As Western Hemisphere President
Mark Richard has been promoted as Halliburton’s new president of the Western Hemisphere, replacing Jim Brown who is leaving after more than 20 years with the oilfield services company.
Trade War Cuts US LNG Exports To China In 2018
The number of U.S. LNG vessels that went to China in 2018 fell by around 20% from the prior year as the trade war between Beijing and Washington heated up.
Aker BP Awards Optime Subsea Well Access Contract
Optime Subsea said its Subsea Controls and Intervention Light System will be used as part of the contract.
TechnipFMC Names Doug Pferdehirt As New Executive Chairman
Oil services group TechnipFMC said on Jan. 10 Doug Pferdehirt would replace Thierry Pilenko as its executive chairman, following Pilenko’s imminent retirement.
Post Oak Backs Houston-Based Downhole Tools Provider With $50 Million Commitment
Post Oak Energy Capital led a $50 million equity commitment to Prime Downhole Holdings, a Houston-based downhole tools provider formed by CEO Leif Syversenn.
TechnipFMC Wins Work For BP’s Atlantis Project In GoM
TechnipFMC (NYSE: FTI) has been awarded a significant integrated engineering, procurement, construction and installation (EPCI) contract by BP (NYSE: BP) for the Atlantis Phase 3 project, the company said Jan. 9.
Danos Secures GoM Contracts With Equinor
Danos said Jan. 7 it has secured a contract with Equinor (NYSE: EQNR) for production operation support on its Titan SPAR platform, located in the deepwater Gulf of Mexico.
US Energy Investors Eye Cheap Takeovers As Oil Prices Sink
Sinking oil prices are turning distressed U.S. energy companies, such as Gastar Exploration, Parker Drilling and Waypoint Leasing, into takeover targets for opportunistic private investors.