Search results for: Aje

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  • 18 September 2014

    Following on from the recently announced upgrade of 2C Contingent Resources in the Senecio Field, AWE Limited, as Operator of the L1/L2 Joint Venture, announced initial Contingent Resource estimates for the “Waitsia” discovery (formerly Senecio Deep) located in the north Perth Basin. After initial analysis of data from the Senecio-3 well, and the existing 3D seismic, AWE estimates […]

  • 20 September 2013
    Business & Finance, Operations & Maintenance

      Dolphin Telecoms, an operator of the Africa Coast to Europe (ACE) submarine cable system in West Africa, announced that it would land the $700 million cable in Nigeria in Q4 of this year. The ACE cable connects Europe to the West coast of Africa with landing stations in Accra, Dakar, Lagos, Gambia and Senegal. […]

  • 8 March 2019
    Business & Finance, Exploration & Production

    ADES International has entered into a short-term exploration contract with Dana Gas for deepwater drilling services in the Egyptian Mediterranean basin.

  • 11 July 2013

    Maritime Craft Services (Clyde) Ltd. took delivery of three more Twin Axe wind farm support vessels in June and two more will arrive next month. With the introduction of the five new Damen Twin Axe Fast Crew Suppliers, MCS has the largest Twin Axe fleet in the offshore wind industry. The addition of the latest […]

  • 20 October 2016
    Business & Finance, Technology

    UK-based deck machinery specialist ACE Winches will officially add a new 500te Linear Winch to its range of specialised deck equipment at this year’s Offshore Energy Exhibition and Conference (OEEC), held from 25 to 26 October in Amsterdam RAI. The new 500te Linear Winch has been designed, engineered and manufactured at ACE Winches facilities in Aberdeenshire, Scotland. […]

  • 25 March 2013
    Business & Finance

    ACE Winches has appointed Rune Midtun as Country Manager of ACE Winches Norge AS. Rune joins ACE Winches from Ocean Rig where he held a variety of roles including Marine Superintendent and ultimately Project Marine Manager. Prior to his time with Ocean Rig, Rune worked for Solstad Shipping starting off in 1996 as an Able […]

  • 22 May 2017
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    ACE Winches mobilized and installed a winch package for use on the jacket installation and float-over of the DolWin topside platform. The DolWin HVDC converter platform is located in the German Bight of the North Sea. It measures 100 meters in length, 70 meters in width, stands 90 meters and weighs approximately 15000te. ACE Winches […]

  • 27 May 2016
    Business & Finance, Equipment

    ACE Winches, a deck machinery specialist, has strengthened its senior management team with the appointment of Chris Waller as engineering manager. Waller has more than 12 years experience in the subsea industry and holds a BEng Honours in Engineering from The Open University. He joins ACE Winches from SengS, where he held the position of engineering director for […]

  • 14 March 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Ciena® Corporation, the network specialist, today announced it was selected by Australia Japan Cable (AJC) to expand its subsea cable route spanning approximately 12,700 kilometers between Sydney, Guam and Japan. “We selected Ciena after a stringent selection and trial process because of their demonstrable track record in deploying 40G Coherent solution for segments over 7,000 […]

  • 6 October 2015
    Business & Finance, Operations & Maintenance

    Oil services company, Subsea 7, has decided to adjust its offshore workforce capacity in Norway after a continued decline in activity levels. According to Norwegian media reports, about 70 employees will lose their jobs, bringing it to a 37 per cent reduction of Subsea 7’s Norway offshore staff. The Oslo-listed company was already forced to implement necessary […]

  • 13 April 2015
    Business & Finance, Operations & Maintenance

    Norwegian seismic player, TGS, has announced a Cost Reduction Program reflecting the deterioration of the market for seismic data seen in the first quarter of 2015. Based on preliminary reporting from operating units, TGS said it expects net revenues for the first quarter of 2015 to be approximately USD 172 million, about 23% lower than revenues […]

  • 7 February 2013

    AWE Limited said it has commenced a development feasibility study for the commercialisation of the Senecio tight gas accumulation. The Senecio discovery is located in the north Perth Basin, Western Australia. Analysis of pressure tests conducted in November 2012 and other data captured since the fracture stimulation has confirmed permeability of between 0.03 to 0.06mD, […]

  • 13 April 2017
    Business & Finance

    Asset integrity services provider EM&I has secured a new contract with Quadrant Energy for work on the ageing Stag platform, offshore Western Australia.  The scope of work is to second an integrity engineer to manage the inspection requirements on Stag, from the Quadrant office, for an initial six-month period, EM&I said on Thursday. In addition, […]

  • 24 May 2013
    Business & Finance, Research & Development

    ACE Winches, the deck machinery specialists, is helping to promote the importance of Modern Apprenticeships to schoolchildren as part of Skills Development Scotland’s – Scottish Apprenticeship Week 2013. On Wednesday 22nd May 2013, Deryn Patterson, ACE Second Year Technical Apprentice met with a group of S3 pupils at Turriff Academy to tell them about the […]

  • 26 February 2016

    World’s second largest provider of oilfield services, Halliburton, is reportedly reducing its workforce by another 5,000 pressured by the prolonged low oil price environment.  According to AFP, a global news agency, Halliburton will cut 5,000 jobs to cope with the oil price slump. The news agency quoted Halliburton’s spokesperson as saying: “Due to ongoing market […]

  • 24 September 2015
    Business & Finance

    NYSE-listed Ship Finance International Limited has agreed to sell the 1995 built Suezmax tanker Front Splendour to an unrelated third party. The company has simultaneously agreed to terminate the corresponding charter party for the 20-year old crude oil carrier with a subsidiary of Frontline Ltd. The charter with Ship Finance is expected to terminate in the […]

  • 4 November 2015
    Business & Finance, Operations & Maintenance

    Staffordshire-headquartered heavy transportation and lifting contractor ALE and Dutch large steel constructions specialist Ravestein have announced a new joint venture to own and operate submersible jack-up docks, with the first one scheduled to be launched in the first quarter of 2016. Through the new joint venture the companies will provide the full operational and logistics services, including marine […]

  • 26 April 2017
    Business & Finance, Equipment

    Siemens has said it plans further job reductions at the Siemens Subsea business in Ulverston. This is part of a global reduction affecting the Siemens Subsea businesses in Norway, USA and Brazil. Siemens Subsea, which manufactures subsea connector and measurement technology, has experienced low customer orders and is expecting the market to remain flat in 2018. […]

  • 2 March 2007

    One of the few remaining shipyards on the River Clyde is expected to make two-thirds of its workforce redundant on Monday, according to a trade union. The GMB union said the Ferguson shipyard in Port Glasgow would make 75 posts redundant.

  • 20 February 2014
    Business & Finance, Operations & Maintenance

    The Dutch Department of Public Works plans to award a wreck salvage contract for the Baltic Ace car carrier to Boskalis and its partner Mammoet Salvage. The wreck and its cargo need to be removed because they pose a threat to the environment and to shipping on the busy route towards the Port of Rotterdam. […]

  • 22 May 2018
    Exploration & Production

    New Age has started drilling the IM-6 appraisal well at the Etinde block offshore Cameroon using the Topaz Driller jack-up rig.

  • 8 May 2017
    Infrastructure

    Addax Petroluem has terminated a contract with BW Offshore for an FPSO operating offshore Nigeria after losing a dispute related to payment of outstanding dayrates for the unit.  BW Offshore and Addax Petroleum, a subsidiary of Sinopec, had been in a dispute over unpaid dayrates for the FPSO Sendje Berge operating on the Okwori field offshore Nigeria […]