Maersk Oil CEO to Step Down after Total Takeover
Oil, Gretchen Watkins, will leave the company when Total's acquisition of the company has been completed, Maersk said Wednesday. Watkins joined Maersk Oil as Chief Operating Officer in January 2014 and took the role of CEO in October last year. Prior to joining Maersk Oil, she had worked at Marathon Oil and BP. Total agreed last month to buy the oil and gas business of A.P. Moller-Maersk for $7.45 billion, strengthening the French major's operations in the North Sea. The current COO at Maersk Oil, Martin Rune Pedersen, will become vice president of Total's operations in Norway
O&G Experts to Discuss Upstream Data Analytics
help oil and gas companies boost production by 6 to 8 percent. To capitalize on these opportunities at this critical moment, on June 16-17 2015, 150+ senior level production operations and IT executives will gather at the 2015 Data Driven Production Optimization Conference. Experts from Hess, Marathon Oil, Halliburton, Baker Hughes and more will gather to discuss their best practices and strategies in the realms of data management, visualization, analytics, reliability data, RTOCs and collaboration. Highlights of the conference are to include: Engineers from Hess to give big data
DNV GL Targets Safer Approach to Subsea Lifting
many references to these offshore standards and can be used as a supplement in projects where the VMO Standard is mandatory. Eighteen key international offshore players were involved in the initial JIP project which started in January 2012: Statoil, BP, ExxonMobil, Petrobras, Lundin Norway, Marathon Oil Norge, Technip, Subsea7, Saipem, Heerema Marine Contractors, McDermott, MacGregor (Cargotec), TTS Energy, Liebherr, Rolls-Royce/Huse Engineering, Cranemaster, Samson Rope and W. Giertsen Services.
Decom Offshore 2014: New Chairman
the major business opportunities available in offshore decommissioning and meet with the decision makers of the North Sea decommissioning industry. The conference will also see the introduction of Decom North Sea’s new chairman, Callum Falconer. Falconer is commercial project lead at Marathon Oil, and has been an active member on the DNS board of directors for a number of years, where he has provided support and championed a number of industry initiatives including the streamlined decommissioning programme template and the Re-use project. His election follows the decision of Murdo MacIver
Maersk Drilling Name Two New Ultra-Deepwater Drillships
have been named in a ceremony held at the Samsung Heavy Industries (SHI) shipyard in Geoje-Si, South Korea. Lisa Lance, wife of Ryan M. Lance, chairman and chief executive officer, ConocoPhillips had the honour of naming Maersk Valiant, and Annell R. Bay, Vice President Global Exploration, Marathon Oil Corporation of naming Maersk Venturer. Maersk Drilling explain that the Maersk Valiant and Maersk Venturer are the second and third in a series of four ultra deepwater drillships to enter their rig fleet. The four drillships represent a total investment of USD 2.6 billion and will be
Dutch HFG Wins Offshore EPCI Contract
Alba Field offshore Equatorial Guinea. The fabrication scope, including local content fabrication of the flare boom and bridge in Equatorial Guinea, will be tendered during 2013 aiming at offshore installation late 2015 with start-up planned for mid-2016. In the picture: Greg Sills - Vice President Marathon Oil Corporation (left) and Wim Matthijssen - Chief Operating Officer Heerema Fabrication Group
Aker Solutions Signs Alvheim Contract
Aker Solutions signed a contract with Marathon Oil Norge for the delivery of subsea trees to the Alvheim field on the Norwegian continental shelf. Contract value was not disclosed. The contract includes the delivery of four subsea trees and associated equipment. The contract is part of the frame agreement, covering the North Sea and Europe, between Marathon Oil Norge, a wholly owned subsidiary of Marathon Oil Corporation, and Aker Solutions. "Our dedicated subsea teams in Norway and the UK look forward to execute another project on behalf of Marathon. We are very pleased to continue this
Aker Solutions Sign Subsea Alvheim Contract
Aker Solutions sign contract with Marathon Oil Norge for the delivery of subsea trees to the Alvheim field on the Norwegian continental shelf. The contract includes the delivery of four subsea trees and associated equipment. The contract is part of the frame agreement, covering the North Sea and Europe, between Marathon Oil Norge, a wholly owned subsidiary of Marathon Oil Corporation, and Aker Solutions. "Our dedicated subsea teams in Norway and the UK look forward to execute another project on behalf of Marathon. We are very pleased to continue this positive client relationship
February 2024
