Bowleven, the West Africa focused oil and gas exploration group traded on AIM, announces that drilling has commenced on the Sapele-3 well, Douala Basin, offshore Cameroon, with the Sapphire Driller jack-up rig. The Sapele-3 well, located around sixteen kilometres North West of the Sapele-1 location,
As the date of entry into force of the Maritime Labour Convention, 2006 (MLC 2006) rapidly approaches, shipowners, managers, crewing agencies and seafarers are starting to familiarise themselves with the new requirements. With some 55,000 seagoing vessels requiring certification of compliance and th
Noble Group 1H total operating income from managing their supply chains rose 40% to US $ 947m compared to 1H 2010, supported by record lH volume of 98 million metric tonnes. Net profit increased to US$343 million, up 71% compared to 1H 2010. This record performance demonstrates the resilience of com
BMT Defence Services Ltd, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has announced the promotion of Tim Hardy to the role of Head of Naval Engineering. Tim will lead a team of more than 60 people comprising some of the indus
Reaching a new threshold in underwater medical studies, the Office of Naval Research (ONR) announced Aug. 10 an innovative capability for examining how cells work at pressures far below the sea surface. Researchers at the Navy Experimental Diving Unit (NEDU) have designed, built and validated a nove
SBM Offshore N.V. announced that one of its Affiliates and Queiroz Galvao Oleo e Gas S.A. (QGOG), have received two Letters Of Intent (LOI), one from Guara BV and one from BM-S-9 Consortium, established by the companies Petroleo Brasileiro S.A. – Petrobras (Operator, 45%), BG E&P Brasil LTDA (30%),
SBM Offshore N.V. announced that one of its Affiliates and Queiroz Galvao Oleo e Gas S.A. (QGOG), have received two Letters Of Intent (LOI), one from Guara BV and one from BM-S-9 Consortium, established by the companies Petroleo Brasileiro S.A. – Petrobras (Operator, 45%), BG E&P Brasil LTDA (30%),
For the first time EGL has delivered an LNG (liquefied-natural-gas) cargo to Greece. The cargo was unloaded recently in two discharges at Greece’s LNG terminal, located on the island of Revithoussa, west of Athens. EGL’s first LNG delivery to the Greek natural gas market is a further step in expandi
Norwegian Energy Company ASA today presents its second quarter 2011 results, with EBITDA of NOK 149 million and a negative net result of NOK 9 million from continued operations. Noreco had revenues of NOK 396 million from continued operations in second quarter 2011, an increase of 10 percent compare
On August 9, SOCAR as leader of the Shah Deniz Export Negotiating Team announced that a request for proposal (RFP) and a request for information (RFI) has been issued to the three main prospective EU pipeline groups for transit of Shah Deniz gas to Europe. These are IGI Poseidon, Trans-Adriatic Pipe
Hamburg Süd has again been honoured for its sustainable and environmentally conscious conduct. First, in late July 2011, it received the Air Quality Award from the San Pedro Bay Ports Clean Air Action Group (backed by the ports of Los Angeles and Long Beach). Just a few days later, it was the Gulf G
ShawCor Ltd. announces second quarter 2011 results: Second quarter revenue of $265 million increased by 13% from the $235 million reported in the second quarter of 2010 but was 5% lower than the $279 million reported in the first quarter of 2011. EBITDA in the second quarter of $35.3 million increas
In Tuesday, Jubilant announced the results of Appraisal Well DDE-APP-1 in the Deen Dayal East Field in the KG Block, which was spudded on the 1st of January 2011. The well was drilled by the operator (GSPC), with the objective of appraising the hydrocarbon bearing sands of the KG-16 discovery well a
The Seajacks vessels continue to work in tandem, installing Siemens 3.6MW WTGs at a rapid pace on Walney 2 Offshore Wind Farm. Recent installation activities have been described as “booming” by client Dong Energy. 155 turbines now installed – 7 turbines installed in the past week Seajacks Operations