Oil & Gas News

Former Louisiana state official Scott A. Angelle will head-up the Bureau of Safety and Environmental Enforcement. As part of the Department of the Interior, BSEE fosters safe and responsible energy production on the U.S. Outer Continental Shelf through regulatory oversight of oil and gas operations. Angelle, who most recently served as Vice Chairman of the Louisiana Public Service Commission, will assume his new position May 23.

Saipem has been awarded a new EPCI contract for the SURF package of the proposed Liza project operated by Esso Exploration and Production Guyana Limited, an affiliate of ExxonMobil. Located approximately 120 miles offshore Guyana at a water depth of 1,800 meters, the Liza field is a subsea development with a recoverable resource estimate of over 1 billion oil-equivalent barrels.

M² Subsea, the global independent provider of ROV services, has secured its first contract award which is valued in excess of one million pounds. The project will see the firm supplying the Go Electra vessel, ROVs and personnel to support survey work on the world’s longest subsea pipeline system.

Bosch Rexroth, a leading company in drive and control solutions, has developed a new ‘split hoist‘ heave compensation system. It combines active heave compensation (AHC) and passive heave compensation (PHC) elements with a sophisticated control system enabling AHC functionality to be added to new and existing hoisting installations.

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