Business news

Exxon Mobil Corp. has announced it added 1 billion boe of proved oil and gas reserves in 2015, replacing 67% of production, including a 219% replacement ratio for crude oil and other liquids.

Veolia has named William J. "Bill" DiCroce as the new President and CEO of Veolia North America.

Jee Ltd. expands its training portfolio to cover decommissioning, detailing the complete decommissioning process; planning activities and considerations, well plugging and abandonment, approaches to the decommissioning of structures and pipelines and the associated onshore activities.

SapuraKencana's Brazil presence grows as fourth pipelaying support vessel commences work for Petrobras.

PHMSA has released a new report, stating that Plains All American’s May 2015 pipeline spill in Santa Barbra was due to external corrosion of its line 901 and 903.

Wood Group PSN announced that it intends to reduce UK oil and gas contractors’ rates due to cost and efficiency challenges in the North Sea.

Vallourec’s Supervisory Board appoints two new Board members and term renewals.

ConocoPhillips has announced the retirement of Jeff Sheets as Executive Vice President, Finance and Chief Financial Officer after more than 35 years with ConocoPhillips.

Wood Group is looking for interest from technology vendors concerning game-changing technologies to aid a subsea joint industry project.

McDermott has announced the date of the naming ceremony for its DLV 2000 flagship pipelay vessel.

Atlas Knowledge Group has reported robust financial results for 2014/15, with continued growth and further international expansion set to continue.

iSURVEY Singapore has been awarded a marine construction support contract with Solstad Offshore.

A case has been filed against the proposed Mountain Valley pipeline, regarding surveyors entering private property without permission.

Despite the numerous opposing parties, the Trans-Pecos pipeline – which will transport natural gas from Texas to Mexico – is moving forward and will begin its construction in March.

T.D. Williamson has released a new industry case study on seam assessment and regulatory compliance on pipeline integrity.