K.C. Yost has joined CH2M to lead a group based in Houston created to expand the firm’s capabilities in US pipelines and facilities. Source: News
BP taps Petrofac for Miller decommissioning
BP PLC has let a “duty holder” contract to Petrofac to support decommissioning of the idle platform on Miller oil and natural gas field in the central UK North Sea. Source: News
Fort Hills oil sands project more than half completed, Teck says
Teck Resources Ltd., Vancouver, BC, said construction of the Fort Hills oil sands project in northern Alberta is more than half completed. It was 40% complete last September. Source: News
Next 5-year OCS program should be more ambitious, API official urges
An American Petroleum Institute official called on President Barack Obama’s administration to maintain and promote US offshore oil and gas development during the 2017-22 federal program now being prepared. Source: News
Kiwan, Saygi, Henderson join AlMansoori
Mousa Kiwan, Erhan Saygi, and Peter Henderson have joined AlMansoori Specialized Engineering, Abu Dhabi, or subsidiaries of the company in executive positions. Source: News
Sengoku named Japan Oil general manager in Abu Dhabi
Yuzo Sengoku has been named general manager for the Abu Dhabi branch of Japan Oil Development Co. Ltd., a subsidiary of Inpex Corp. Source: News
House Energy and Commerce Committee approves pipeline safety bill
The US House Energy and Commerce Committee unanimously passed HR 5050, the pipeline safety reauthorization bill, on Apr. 27. The action followed the Transportation and Infrastructure Committee’s approval of its own pipeline safety bill, HR 4937, a week earlier. Source: News
Fitch: Depressed drillship price reported
Ocean Rig UDW Inc.’s recently announced acquisition of a deepwater drillship at less than 10% of its newbuild cost provides yet another signal of the dim market outlook for offshore drillers, Fitch Ratings said Apr. 27, saying the sale established a new offshore rig valuation low. Source: News
Total records first-quarter net income of $1.61 billion
Total SA reported first-quarter adjusted net income of $1.61 billion, up from a $1.63-billion net loss in fourth-quarter 2015 but down from earnings of $2.66 billion in first-quarter 2015. Source: News
Hess takes larger first-quarter loss
Hess Corp. reported a first-quarter net loss of $509 million compared with a net loss of $389 million during first-quarter 2015. Source: News