Lochard Energy Group Plc today announces that its 100% owned subsidiary Zeus Petroleum Limited has signed Farm Out Agreements with Petroleum Geo-Services or its designated affiliate to transfer a 40% stake in six North Sea blocks (16/8c, 3/5, 3/10c, 9/17b, 9/22b and 14/17) in return for access to 3D
Decommissioning can be a daunting business. There are miles of old pipeline and out-of-date assets. Information is scattered across multiple companies and contractors. Just knowing where to begin and how much it will cost is a project in itself. To get a clear picture of their decommissioning option
Decommissioning can be a daunting business. There are miles of old pipeline and out-of-date assets. Information is scattered across multiple companies and contractors. Just knowing where to begin and how much it will cost is a project in itself. To get a clear picture of their decommissioning option
Apache Corporation today announced the results of two development wells completed in June at the company’s Forties field in the UK sector of the North Sea. Charlie 4-3 commenced production at a rate of 12,567 barrels of oil per day (b/d). This well’s initial production (IP) rate is the highest in th
DOF Installer ASA christened the latest addition to a new generation of high powered anchor handling vessels built to match the challenges of deepwater mooring and field installation operations. Skandi Skansen, the company’s fourth Installer Vessel was officially named at a ceremony held on the 2 Ju
HOCHTIEF has a new partner for the construction and operation of dynamically positioned offshore jack-up vessels for offshore windfarms and oil&gas: GeoSea, which is part of the Belgian DEME Group, is taking over the BELUGA HOCHTIEF Offshore GmbH shares that were sold by the heavy-lift shipping comp
Consilium Marine Group, a worldwide supplier of marine products and customer services, and Orange Business Services, a leading global integrator of communication solutions, announces today that they have signed a high-level global cooperation agreement. Consilium will globally market Orange marine V
Aker Solutions announced today that it has been selected for the design, procurement, and fabrication of the subsea containment and diverter assembly for the expanded containment system being developed by Marine Well Containment Company (MWCC). Contract value is undisclosed. Marine Well Containment
McDermott International, Inc. announced today the award of a significant subsea contract to its Australian subsidiary for a deepwater offshore engineering and construction project, including structural transportation and installation of subsea infrastructure. The new contract for work offshore Weste
McDermott International, Inc. announced today the award of a significant subsea contract to its Australian subsidiary for a deepwater offshore engineering and construction project, including structural transportation and installation of subsea infrastructure. The new contract for work offshore Weste
General Maritime Corporation announced today it has agreed to enter seven of its VLCCs into Seawolf Tankers, a commercial pool of VLCCs managed by Heidmar Inc., one of the world’s leading commercial operators of tankers. Under the terms of the agreement, the Genmar Vision, Genmar Zeus, and the Genma
Lochard Energy Group Plc today announces that its 100% owned subsidiary Zeus Petroleum Limited has signed Farm Out Agreements with Petroleum Geo-Services or its designated affiliate to transfer a 40% stake in six North Sea blocks (16/8c, 3/5, 3/10c, 9/17b, 9/22b and 14/17) in return for access to 3D
Forewind, developer of the Dogger Bank Zone, has published its first annual review, covering the consortium’s initial 18 months of activity since being awarded the offshore wind development rights for largest of the Round 3 zones by The Crown Estate. The publication aims to summarise Forewind’s prog
Sterling Resources Ltd. announces increased Company interest reserves numbers for the Breagh field located in the UK Southern North Sea as a result of the successful drilling of appraisal well 42/13a-6 earlier this year. These Company interest reserves have been independently prepared in accordance
