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Origin Energy, holder of a 37.5 pct stake in APLNG informed that Scott Perkins has been appointed to the Origin Board as an Independent Non-executive Director with effect from 1 September.
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Coda Octopus has introduced a new addition to its range of real-time 3D sonar systems. The latest development sees a wide-angle 90° x 40° 240kHz option added to the Echoscope. This new variant of sonar increases the field-of-view and survey area of coverage. The new XD dual frequency model will enable large area imaging and […]
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Origin Energy, holder of a 37.5 pct stake in APLNG informed that Scott Perkins has been appointed to the Origin Board as an Independent Non-executive Director with effect from 1 September.
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Operator Statoil has completed drilling an exploration well at the Yttergryta prospect on the Norwegian Sea’s Halten Terrace. Well 6507/11-8, which lies in production licence 062 around one kilometre east of the Midgard field, was proven to hold gas in sandstones of Jurassic age.
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Shipping companies from the Ocean Alliance have encountered another hurdle as the US Federal Maritime Commission (FMC) asked for more information before giving its approval for the process. Namely, FMC’s Request for Additional Information (RFAI) “stops the clock” on the Ocean Alliance agreement, which was filed on July 15, until such time as the filing parties answer the questions […]
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Business & Finance, Operations & Maintenance
SeaBird Exploration Plc (“SeaBird”) will, in partnership with Acorn Geophysical Ltd, commence an additional 3D seismic acquisition project in the Gulf of Guinea. The survey is an extension of the 3D project previously announced on 15 January 2014 for 1,500 km² with prefunding of approximately USD 4.8 million. This additional acquisition program is for approximately […]
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The $35 million in additional port deepening funds proposed by Georgia Gov. Nathan Deal has been approved by the state legislature and now awaits the governor’s signature. Along with previous funding, Georgia has now allocated $266 million, fulfilling the state’s portion of the Savannah Harbor Expansion Project (SHEP). “Lawmakers across Georgia recognize that improving the […]
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Business & Finance, Project & Tenders
Congressman Joe Courtney has released the following statement on the U.S. Navy and Electric Boat joining the broad coalition of supporters in Connecticut, including the state’s congressional delegation, of the U.S. Army Corps of Engineers Long Island Sound Dredged Material Management Plan (LIS DMMP). “The U.S. Navy and Electric Boat – which are pillars of the Long […]
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During the course of 2014, Aibel has announced several staff reductions due to reduced workload. Over the past year, the company’s workload has been declining. This has resulted in several staff reductions. Simultaneously, Aibel has done extensive work to improve its competitiveness within the different business units. Employees within staff functions as well as the […]
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The European Marine Energy Centre (EMEC) Ltd added two new members to its team, Caitlin Long and Danielle Wick. In her role as Research and Consents Officer, Caitlin will work closely with developers taking them through the consenting process at EMEC, and assisting with liaison between developers, regulators and regulatory consultees. She will also be […]
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Japan’s Tohoku Electric has secured 2.2 million tonnes of additional LNG for for the current financial year ending on March 31, Reuters reported. The company was forced to increase its LNG-fired power generation after a complete nuclear outage in the wake of the March 11 earthquake and tsunami. Tohoku Electric, headquartered in Sendai, provides service to […]
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Business & Finance, Operations & Maintenance
EMGS has received additional pre-funding for the ongoing Daybreak 3D multi-client electromagnetic survey in the Alaminos Canyon protraction of the US Gulf of Mexico. The survey started on 22 February and is expected to be completed mid-June with integrated data delivery starting in June. The survey has strong industry funding. “We are very pleased with […]
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Vard Holdings Limited has received a tax claim for FY2010 from tax authorities in Brazil, and is evaluating the need for provisions for additional tax cost. In a matter relating to transfer pricing of goods and services delivered from the Group’s Norwegian entities to Vard Niterói in FY2010, and tax treatment thereof, Vard says it has […]
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With the AHTS Bourbon Liberty 320, BOURBON is now running a fleet of 100 Bourbon Liberty series-built, diesel-electric propelled and DP 2 vessels. This milestone coincides with the delivery of the first two of 20 deep offshore PSVs of the new BOURBON series: the Bourbon Explorer 500. “The Bourbon Liberty’s operational success and the launch […]
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Business & Finance, Operations & Maintenance
With a capacity to process 140 thousand barrels of oil and compress one million m3 of gas per day, the unit connects the production system in the Papa Terra field, in the Campos Basin post-salt The P-63 platform-vessel ended being temporarily located in Ilha de Santana, in Macaé (RJ) on Friday (August 23), after being […]
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Business & Finance, Operations & Maintenance
Cal Dive International, Inc. announced that it has been awarded two additional contracts from Pemex Exploración y Producción that are expected to generate combined total revenues of approximately $188 million. The first contract is for the procurement, installation and commissioning of 47 kilometers of 20 inch subsea pipeline and associated tie-ins to an existing platform. […]
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The amount of the Operational Programme – Infrastructure and Environment (OPI&E) grant for the construction of the LNG terminal in Świnoujście has been significantly increased. The maximum sum of the subsidy was increased from PLN 456 million to PLN 551.8 million. This confirms that so far the policy of spending the resources has been considered […]
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OSX Brasil S.A., a Brazil-based holding company involved in the oil and gas sector, announces that the Board of the Merchant Marine Fund (FMM – Fundo da Marinha Mercante) has approved the prioritization of additional funding, for a credit line of R$1.5 billion(USD 735.5 million), for the construction of the Açu Shipbuilding Unit (“UCN Açu”), […]
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India is seeking an extra three million tonnes of liquefied natural gas (LNG) per year from Qatar for its Dahej plant and Dabhol… (reuters) [mappress] Source: reuters, October 28, 2011;
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The latest addition to the Brazilian Navy’s fleet departed the UK in the snow on March 11 for her new home in Rio de Janeiro where she will strengthen Brazil’s maritime security. APA is the second of three Amazonas Class Ocean Patrol Vessels being delivered to the Brazilian Navy by BAE Systems. Her sister ship, […]
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Santos today announced a further step in its focused Asian growth strategy with the execution of a sale and purchase agreement with Cairn Energy Plc for the acquisition of Cairn’s interests in Bangladesh. The transaction comprises Cairn’s interests in Block 16 (Sangu) and Block 16 (Exploration), located in the Bay of Bengal, offshore Bangladesh. Santos […]
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The regional LNG Terminal in Swinoujscie received additional EU support. The amount of the subsidy from the Operational Programme Infrastructure and Environment granted for the project was increased from PLN 551.8 million to PLN 601.8 million. This additional support means that the total amount of EU funding received so far accounts for almost 30 per […]
