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Mark W. Albers, SPE, senior vice president of Exxon Mobil Corp. will retire from the company effective 1 April, after more than 38 years of service. Albers was elected to his current position and a member of the company’s Management Committee in 2007. Albers joined Exxon USA in 1979 and held several assignments in Texas and New Jersey and operation management roles at…

BMT Deep is an interactive asset data platform designed for offshore. It facilitates data exploration, from multiple sensor time series to post-processed and statistical data from a single asset or a fleet. The platform is fully customizable: The processing and analytics can be scaled and configured to match specific user needs, and it is fully verified and supported …

Producers in Oklahoma’s newly opened Merge play are sitting atop a resource that rivals some major world gas fields and discoveries, Citizen Energy’s Geology CEO Greg Augsburger told the SPE Gulf Coast Section Business Development Group recently.

The steel pipe manufacturer agrees to deliver outer pipes for pipe-in-pipe flowlines for a pair of recently-announced Aker BP projects in the Norwegian Sea.

Oceanteam CEO Haico Halbesma will step down from his position effective 30 March. The decision follows a series of financial restructurings within the company in recent years. Halbesma, who will stay on as an advisor, co-founded Oceanteam in 2005 and is a major shareholder in the company. He was previously employed as a managing director at Seateam Technology.

The Remus M3V from Hydroid is a micro autonomous underwater vehicle which supports numerous subsea applications including search and survey; intelligence, surveillance, and reconnaissance; marine research; and multi-vehicle missions. It can dive up to 300m in depth and its size allows for use in multi-domain deployments. The AUV can achieve speeds of 10 knots and is e…

Mark Albers will retire from his position as senior vice president of Exxon Mobil Corporation effective 1 April, after more than 38 years of service. Albers was elected to his current position in 2007, having previously held a variety of managerial positions in development, operations, production, and engineering. He joined Exxon USA in 1979 and, after several assignm…

Statoil’s board of directors proposed to change the name of the company to Equinor as of 16 March. The name change is intended to support the company’s strategy and development as a broad energy company.

Telling executives that the cost per foot drilled is down is not going to convince them that drilling is getting more efficient. That requires translating drilling measures into the language of corporate budgeters.

Pioneer shut in 8,000 BOE/D production in its West Panhandle field in Texas on 6 March due to a compression station fire. No injuries occurred. Planning to use idle compressors, production is expected to restart later this month or in early April.