Search results for: Otto Candies

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  • 21 July 2014
    Business & Finance, Equipment, Technology

    The Lynnhaven Inlet Federal Navigation Channel is fully navigable after a $2 million maintenance dredging project, managed by the Norfolk District, U.S. Army Corps of Engineers, removed critical shoaling conditions exacerbated by Hurricane Sandy in 2012. The project, contracted to Southwind Construction Corporation, a small business based in Evansville, Ind., came in ahead of schedule […]

  • 9 January 2015

    PNOC Exploration Company (PNOC-EC), the upstream oil, gas and coal subsidiary of the state-owned Philippine National Oil Company, has expressed an interest in farming into SC55 offshore block for a 15% working interest.   Otto Energy, the operator of the block has said that the commercial terms of the farm-in have been agreed and will […]

  • 18 September 2013

    U.S. Army Corps of Engineers continues to make progress on the north shore of the Indian River Inlet in Delaware. The Army Corps is pumping approximately half a million cubic yards of sand onto the north shore as part of Hurricane Sandy recovery efforts. The beach nourishment project involves dredging more than 500,000 cubic yards […]

  • 29 July 2013

    Beach restoration work has begun in Delaware, reports worldnow.com. The Fenwick Island project is expected to take 3-4 weeks, depending on the weather. As the mdcoastdispatch.com reports, during the project, roughly 389,000 cubic yards of sand will be pumped onto the beach in Fenwick from offshore borrow sources and spread over about 6,500 feet of […]

  • 8 March 2016
    Exploration & Production, Project & Tenders

    Byron Energy, the operator of several blocks in the Gulf of Mexico, has encountered three hydrocarbon bearing sands and is drilling ahead at its SM-6 #2 located in the U.S. Gulf of Mexico.  Byron started drilling the SM-6 #2 well in mid-February 2016 using the Hercules 205 jack-up drilling rig. Byron Energy advises that Byron Energy SM 6 #2 […]

  • 15 December 2017
    Exploration & Production, Project & Tenders

    W&T Offshore has failed to find hydrocarbons in the ST 224 #1 offshore exploration well in the U.S. Gulf of Mexico. Its partner in the project Otto Energy on Friday said the well had been drilled to a total measured depth of 10,900 feet (3,322 meters). The targeted BN sand interval was intersected close to prognosis at 10,330 […]

  • 21 January 2014

    Otto Energy Limited has executed final binding agreements with BHP Billiton Petroleum to terminate the farm-out agreement between the two parties over Service Contract 55 (SC55), offshore the Philippines.   Otto has submitted a request to the Philippines Department of Energy (DOE) for re-assignment of BHPB’s 60% working interest to Otto, taking Otto’s working interest in SC55 to 93.18%. The […]

  • 27 February 2014
    Business & Finance, Equipment, Technology

    The Bradley Beach replenishment program officially commenced last week. Great Lakes Dredging & Dock Company started pumping sand onto the beaches in Bradley Beach between McCabe Avenue and Fletcher Lake. The sand is being recovered from the Sandy Hook offshore areas. [mappress] February 27, 2014

  • 30 November 2017
    Exploration & Production, Project & Tenders

    The Ensco 68 jack-up drilling rig arrived on location at Byron Energy’s SM 71 F Gulf of Mexico platform on Sunday, November 26.

  • 4 April 2018

    Otto Energy is looking to grow its presence in the U.S Gulf of Mexico.

  • 30 April 2019
    Exploration & Production

    Talos Energy is preparing to spud the Bulleit appraisal well located in the Green Canyon 21 lease in the U.S. Gulf of Mexico, using the Noble Don Taylor drillship. 

  • 12 September 2017
    Business & Finance, Exploration & Production

    Byron Energy has signed a drilling contract with Ensco for the Ensco 68 jack-up rig to carry out the South Marsh Island Block 71 (SM 71) drilling and completion program in the U.S. Gulf of Mexico. Otto Energy, a partner in SM 71, said on Tuesday that the Ensco 68 rig would be available before […]

  • 28 September 2012
    Business & Finance

    Hogan Lovells advised the bank lenders to the Blue Transmission consortium of Macquarie Capital Group Limited and Barclays Integrated Infrastructure Fund on the consortium’s successful bid to acquire and operate the transmission link to the Walney 2 offshore wind farm for £110 million. The lending group comprised Lloyds Banking Group, SMBC, Bank of Tokyo Mitsubishi, […]

  • 3 July 2017

    Australia’s oil and gas explorer Otto Energy has farmed into Houston Energy’s South Timbalier 224 (ST 224) lease in the Gulf of Mexico for a 25% working interest.  Otto said on Monday that, as a result of the deal, the operator W&T Offshore would have a 39 percent stake in the license while Otto, Houston […]

  • 29 November 2017
    Exploration & Production

    W&T Offshore has encountered strong wet gas shows while drilling the ST 224 #1 well in the Gulf of Mexico.

  • 25 October 2017

    Otto Energy has informed that its partner Houston Energy has been awarded the South Timbalier 235 (ST 235) lease under Gulf of Mexico Central Lease Sale 249. Houston Energy bid a total US$210,999 in relation to the ST 235 lease and was the apparent high bidder in August 2017 as part of Central Lease sale 249. […]

  • 9 May 2019

    Otto Energy has acquired the remaining 50% working interest in the VR 232 license located in the U.S. Gulf of Mexico from Byron Energy.

  • 11 June 2014
    Business & Finance, Equipment, Technology

    The main goal of the Keansburg beach replenishment program was to create a wider, higher beach and to restore the dunes. The USACE’s New York District placed nearly one million cubic yards of sand onto three miles of shoreline along Raritan Bay to repair and restore the previously-engineered beach and dune there impacted by Hurricane […]

  • 24 June 2014
    Business & Finance, Equipment, Technology

    The main goal of the Keansburg beach replenishment program was to create a wider, higher beach and to restore the dunes. The USACE’s New York District placed nearly one million cubic yards of sand onto three miles of shoreline along Raritan Bay to repair and restore the previously-engineered beach and dune there impacted by Hurricane […]

  • 12 July 2013

    The Fenwick Island beach nourishment project will start late next week or the week after, reports Town of Fenwick Island. The specific dates and the starting location are unknown so far. The project is expected to take 3-4 weeks, depending on the weather. As the mdcoastdispatch.com reports, during the project, roughly 389,000 cubic yards of […]

  • 25 April 2014
    Business & Finance, Equipment, Technology

    The U.S. Army Corps of Engineers, Philadelphia District, is restoring the north shore of the Indian River Inlet by pumping more than half a million cubic yards of sand from the inlet onto the beach and constructing a dune. Hurricane Sandy caused overwash and flooding on the north shore, forcing Route 1 and the Indian […]

  • 22 October 2019
    Business & Finance

     A $4,6 million dredging project in Hampton-Seabrook harbor in New Hampshire is officially underway. Commenting the latest news, New Hampshire Senator Jeanne Shaheen, said: “Dredging at Hampton-Seabrook Harbor will strengthen the economy and improve safety for local fishermen and anyone who uses the harbor. This has been a top priority of mine and I’m […]