OTC 2013: UK ministers could take a leaf out of Jack’s book
The old saying goes: "Everything is bigger in Texas" and that was certainly true at OTC this week.
The old saying goes: "Everything is bigger in Texas" and that was certainly true at OTC this week.
Bond Offshore Helicopters said yesterday it had signed its fourth North Sea contract in as many months.
More than 100 women gathered in London yesterday to share their experiences of rising to the top in the oil and gas industry.
US oil and gas bosses are losing their appetite for risk and are worried about rising operating costs as they grapple with the consequences of a tougher, post-Macondo regulatory regime, according to new research.
Apache Corp has warned its first-quarter profit fell 10 percent because of lower prices for crude oil and natural gas liquid, after saying it planned to divest up to $4 billion in assets by the end of the year.
Roxi Petroleum said today it had found oil in a test well at South Yelemes in Kazakhstan.
Oil service firm Bilfinger Salamis UK said today it had won a multimillion-pound North Sea deal with energy giant Chevron.
Northern Petroleum said today that drilling had begun on a third exploration well at the Shell operated Guyane Maritime project.
Shell said yesterday it had decided to go ahead with its two mile deep Stones field development in the Gulf of Mexico.
Energy service firm Van Oord said today it had been awarded two pipe lay projects in Asia worth around £51million ($80 million).
Watch our video interview with former UK energy minister Charles Hendry here.
Canadian oil and gas company Talisman Energy said today its chief financial officer Scott Thomson will leave the company to take over as head of heavy equipment dealer Finning International.
North Sea oil firm Taqa said yesterday it had appointed Highlander Pete Jones as managing director of its UK business.
A Labour MP has triggered a fresh row over independence by suggesting there is no new boom on the horizon for the North Sea oil and gas sector.
Energy giant Taqa said yesterday an oil leak at its Cormorant Alpha platform in the North Sea had contributed to a 70% slump in profits.
Award-winning engineering firm Ace Winches has identified the Gulf of Mexico region as having significant potential for business development.
Aberdeen-based TWMA continues to widen its global reach.
Oil and gas logistics firm Asco Group says the Americas region is going to be a big growth area for the business going forward.
Oilfield engineering group Aker Solutions said yesterday it was "business as usual" in the north-east despite confirming a fall in profits.
There is a real feeling of optimism at OTC this year; reflecting the extremely robust outlook for the global oilfield service market.
Subsea contracting major Technip with partner Techint have been awarded a "substantial contract" by PNBV (a Petrobras subsidiary) to support the construction of the P-76 production ship.
Engineering services firm Fugro warned today its first-half net profit will fall about 13% to about £85million on sales of £1billion.
Tullow Oil said that its financial position for the year to date was in line with expectations, with capital spending set to be around £1.3billion in 2013.
Exxon Mobil said yesterday it was starting work on the £2.6billion ($4billion) Julia development project in partnership with Norway's Statoil.
Apache Corporation said today it had found oil and gas after drilling three new discovery wells in Egypt's Western Desert.