News
Lundin Gets Approval to Drill New North Sea Well (Norway)
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7/4-3. Lundin will drill the well using the Mærsk Guardian jack-up rig. The drilling programme for the well pertains to the drilling of a wildcat well in production licence 495. Lundin Norway AS is the operat
Germany: Windreich Welcomes DolWin3 Contract
Transmission System Operator TenneT has awarded the DolWin3 offshore project in North Sea to Alstom. Windreich AG marks this contract for DolWin3, with a total investment of more than one billion euros, as another important component for the success of the energy transition. TenneT, together with th
Germany: Windreich Welcomes DolWin3 Contract
Transmission System Operator TenneT has awarded the DolWin3 offshore project in North Sea to Alstom. Windreich AG marks this contract for DolWin3, with a total investment of more than one billion euros, as another important component for the success of the energy transition. TenneT, together with th
ROC Oil Reports Record Income
ROC Oil, Australia’s independent upstream oil and gas company with assets in China, Malaysia, Australia and UK, today announced it has more than doubled its full year net income. The oil company reported full year 2012 net profit after income tax of US$61.0 million compared to US$27.7 million achiev
Gazprom, CNPC Talk Russian Gas Supply to China
Gazprom and CNPC agreed to step up the negotiations on Russian natural gas supply via the eastern route with a view to sign a gas purchase and sale contract with a validity period until 2013. This deadline was set according to the decision of the Russian-Chinese Intergovernmental Commission on Energ
Centrica of UK Posts 2012 Results
Centrica of UK posted its results for the year ended 31 December 2012. Highlights: Operating profit from continuing operations: £2,625m (2011: £1,414m) Profit from continuing operations before taxation: £2,442m (2011: £1,268m) Earnings: £1,273m (2011: £421m) Basic earnings per ordinary share: 24.6p
FMC Technologies Bags $1.48 Bln Subsea Services Deal in Norway
Norway’s oil giant today announced it has signed a frame agreement with the U.S.-based oilfield equipment provider, FMC Technologies, for subsea operations services on the Norwegian Continental Shelf (NCS). The scope of works covers service and maintenance of subsea production systems during install
Dredging to Bring Benefits to Cromford Canal (UK)
The dredging works, worth £300,000, will make a 1.3 mile stretch between Cromford Wharf and Leawood Pump House deeper so that boats can sail there. The deputy leader, Councillor Simon Spencer, said: “Cromford Canal has a rich history and is part of the World Heritage site. “This investment will brin
Monaco: GasLog Revenue at USD 18.3 Mln
GasLog, an international owner, operator and manager of liquefied natural gas (LNG) carriers, reported its financial results for the quarter ended December 31, 2012. Highlights First quarterly dividend of $0.11 per common share was paid on December 17, 2012 and second quarterly dividend of another $
The Netherlands: A2SEA ‘Sea Installer’ Wins Offshore Renewables Award
GustoMSC congratulates A2SEA with the Offshore Renewables Award. At the Offshore Support Journal Conference, A2SEA’s offshore wind turbine installation vessel ‘Sea Installer’ won first prize. The award winning Sea Installer was built after GustoMSC’s NG-9000C design. A2SEA praised the vessel’s perfo
WGP Receives LOI for PRM at Statoil’s Offshore Fields
WGP has received and executed a letter of intent with Statoil ASA, the Norwegian energy company , to provide long-term seismic acquisition services for permanent reservoir monitoring of the Snorre and Grane oil fields in the Norwegian sector of the North Sea. The seismic acquisition contract shall b
Deep Sea Supply Optimistic for OSV Market in 2013
Deep Sea Supply (DESS), a Cyprus-headquartered owner and operator of a fleet of offshore support vessels, in its quarterly report today said it remained cautiously optimistic for the OSV market in 2013. The company which recently entered the joint venture transaction with BTG Pactual in Brazil which
GL Garrad Hassan: Policy and Grid Shape Wave and Tidal Risk Profile (UK)
GL Garrad Hassan has carried out new analysis questioning the perception that the risk profile of wave and tidal projects is primarily driven by technical challenges. The work was launched today as part of RenewableUK’s Annual marine energy report: “Conquering challenges, Generating Growth,” at the
GL Garrad Hassan: Policy and Grid Shape Wave and Tidal Risk Profile (UK)
GL Garrad Hassan has carried out new analysis questioning the perception that the risk profile of wave and tidal projects is primarily driven by technical challenges. The work was launched today as part of RenewableUK’s Annual marine energy report: “Conquering challenges, Generating Growth,” at the