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Norwegian oil company Statoil has started drilling a wildcat well in the North Sea, offshore Norway. According to the Norwegian Petroleum Directorate (NPD), a government agency whose task is to manage the oil and gas resources on the Norwegian Continental Shelf, the company spudded the wildcat well 30/11-13, located in production licence 035 in the North Sea, […]
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Senex Energy has awarded the contract to build critical infrastructure for the development, including the gas processing facility, to the Brisbane-based EPC service provider Wasco.
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A&P Tees, part of A&P North East, recently won an exclusive contract from UK dredge contractor CEMEX UK Marine, part of the CEMEX UK Group, for the drydocking of the company’s three trailing suction hopper dredgers over a five-year period. Due to the severity of the work undertaken by dredgers, it is expected that each […]
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Aberdeen-based helicopter operator Bristow Helicopters has informed that the company started flights for Petrofac in the Central North Sea (CNS). According to the helicopter operator, this is the first time its helicopters are flying Petrofac passengers to the CNS. The three-year contract that started in March has two additional one year options, Bristow added. Alan Corbett, […]
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Vroon has taken delivery of the second 68-meter subsea support vessel (SSV) ‘VOS Star’. The vessel was handed over to the company in a ceremony held at Fujian Southeast Shipbuilding in China on Wednesday April 13, 2016. VOS Star, is the second of the two newbuild SSVs that have been constructed at Fujian. Its sister vessel, VOS […]
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Business & Finance, Business Developments & Projects, Exploration & Production, Project & Tenders
Oil and gas company Neptune Energy has started production from the tenth well at its operated gas field in the UK southern North Sea.
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Reach Subsea has signed a larger contract with an international company for the vessel Dina Star. The contract starts in June and has a duration of 4-6 months. The offshore operations will take place primarily in the High North areas. Dina Star has ice class 1B and De-Ice and will serve under this contract as […]
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Business & Finance, Business Developments & Projects, Outlook & Strategy
Norway-headquartered Reach Subsea has achieved “record” high revenue and operating profit for the full year and fourth quarter of 2022, with its order backlog seven times higher than in the year earlier. For the full year of 2022, revenue grew to NOK 1,163 million (around €107.3 million) whereas EBIT ended at NOK 105.2 million (around […]
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Building on a legacy of more than 40 years of innovation and creative design, Royal Caribbean International yesterday unveiled first details of the next generation of cruise vacations – Quantum cruising. The Quantum class of ships will take a dramatic leap forward, introducing more game-changing “firsts at sea” such as a skydiving experience, a thrilling […]
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Authorities & Government, Business & Finance, Business Developments & Projects, Market Outlooks, Outlook & Strategy, Project & Tenders, Research & Development, Vision
The Clean Hydrogen Partnership, a public-private partnership supporting research and innovation activities in hydrogen technologies in Europe under the Horizon Europe Programme, has announced it will invest €105.4 million for funding nine hydrogen valley projects across Europe, following its first call proposals in 2022. According to the partnership, whose members are the European Commission, fuel […]
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Cory Brothers Shipping Agency Ltd. as Liner agents for GRIEG Star Shipping announced the introduction of a 5th vessel in its North-Atlantic Traffic. Effective February 06th, 2012; M/v “Star Eagle” (39749 DWT) will enter into the AC Service (Europe to US Gulf / Mexico vice versa). The introducing of this additional capacity is based […]
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Reach Subsea has signed a contract with an international company for the vessel Dina Star. The contract starts in June and has a duration of 4-6 months. The offshore operations will take place primarily in the High North areas. Dina Star has ice class 1B and De-Ice and will under this contract serve as a multipurpose vessel (MPSV). The […]
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Business & Finance, Business Developments & Projects, Project & Tenders, Vessels
Offshore accommodation rig provider Prosafe has secured a contract extension for one of its units in the UK North Sea.
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Business Developments & Projects, Green Marine, Vessels
MV Tennor Ocean, a 210-metre-long RoRo newbuild under construction at German shipyard Flensburger Schiffbau-Gesellschaft (FSG), set off on a test voyage from Flensburg heading for Bremerhaven. The ferry is on the move to Dock 3 at Lloyd Werft. During its week-long stay there, the shipbuilders of FSG will carry out the remaining work on the […]
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Shearwater has signed a one month contract with an undisclosed client for a 3D marine acquisition survey offshore North Africa. The contract will start promptly and will be performed by Polar Marquis while en-route from India to the North Sea. “In combination with the successfully completed ONGC contract and the recently awarded TGS Crean contract, […]
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Business & Finance, Operations & Maintenance
North Sea Energy Inc., through its wholly owned subsidiary North Sea Energy (UK N02) Ltd. (NSE-2), has announced that the Bagpuss Site Survey has begun and should be completed in the next 7 days. The purpose of the survey is to collect high resolution digital seismic, soils data and a full range of environmental data that is required […]
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Oil and gas services company Wood Group has been awarded a two-year contract extending its service provision for the energy company TAQA in the North Sea. Under the contract, which has the option of three, one year extensions, Wood Group PSN said it would continue to deliver engineering, construction and maintenance services to five offshore […]
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Business & Finance, Equipment, Operations & Maintenance, Project & Tenders
ViaLogy PLC announces it has initiated work on a North Sea project for one of the largest geosciences companies. In developed fields such as the North Sea the challenge of locating additional deposits is a well-known impediment to continued economic production. Yet exploitable reserves remain if they can be located and accurately characterized. This project […]
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N-Sea has won a contract and started the campaign in the North Sea for an undisclosed oil and gas development and production company.
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P/F Atlantic Petroleum announces the commencement of operations on the 29/1c-9 Orchid exploration well on UK Licence P.1556 in the Central North Sea. The well is being drilled with the Sedco 711 semi-submersible rig in a water depth of about 290 ft, near to the producing Bittern and Kyle fields. The well will target a […]
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Since September the spot market on Asia – North Europe trade routes has tracked a similar course of falling rates to that of last year, and therefore it is difficult to foresee that the westbound Beneficial Cargo Owner (BCO) rate fixtures for 2015 will be any higher than this year, according to Drewry. The November 1 […]
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After having resolved the last open issues and thus meeting all preconditions for commencing gas exploitation, INA and Edison International S.p.A. have launched production on the North Adriatic field Izabela. The Izabela gas field is located 60km off Pula. Total gas reserves are estimated at about 1.4 billion m³, with the expected production of approximately 280 million […]
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Wintershall, Germany’s largest crude oil and natural gas producer, launched its first gas production as operator in the British North Sea last Sunday with the Wingate platform. The platform in the British offshore concession 44/24b will initially produce 1.5 million cubic meters of natural gas. A second production well is expected to increase the production […]
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Petronas-led Pacific NorthWest LNG project in Canada said it has started investigative work to obtain additional information for the project’s design. The work includes collecting borehole samples on Lelu Island, near shore and in the marine environment in the area where marine infrastructure is proposed to be located, including the material offloading facility and the […]
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Business & Finance, Project & Tenders
Reach Subsea has signed a contract with an international company for the vessel Dina Star. The contract starts in June and has a duration of 4-6 months. The offshore operations will take place primarily in the High North areas. Dina Star has ice class 1B and De-Ice and will under this contract serve as a […]