Parkmead announces that a site survey has begun at the Parkmead operated Skerryvore oil prospect in the UK North Sea. Skerryvore was awarded to Parkmead under the UKCS 27th Licensing Round and is located in the Central North Sea. It consists of two stacked prospects at Palaeocene and Chalk level. Th
Tangiers Petroleum has finalised its financial obligations in relation to the drilling of the TAO-1 well, being a total of US$18.56 million. This has been funded by the Company’s cash position and leaves Tangiers with a cash balance of approximately $1.25m. The final cost of the TAO-1 well was in ex
Polarcus Adira is in transit from Las Palmas to the US Gulf of Mexico to begin a six month charter for TGS. The purpose-built 3D seismic vessel is equipped with specialized, advanced maritime technology to minimize the environmental footprint of the operation and the vessel continues to set new stan
The Petroleum Safety Authority Norway (PSA) conducted an audit of the application of concrete coating on the Polarled pipeline. The audit focused on Statoil and the company’s follow-up of its suppliers. The Polarled pipeline project consists of a 481 km long, 36″ pipeline between the Aasta Hansteen
CGX Energy Inc. announced that it has entered into a seismic contract with Prospector PTE. Ltd. to conduct a 3,116.74 km2 3D seismic survey on the Company’s 100% owned Demerara Block, offshore Guyana. The aggregate cost of this seismic survey will be approximately U.S.$17.9 million with 40% of the c
As part of its ongoing growth and development strategy, flexible pipe specialist FlexTech has invested £500,000 into a new manufacturing and fabrication base in Lincolnshire. Since its inception in March 2013, the Aberdeen based company has achieved a turnover of £1 million, and it is on track to re
Oyster Petroleum has recently entered into a farm-in agreement whereby, in exchange for covering certain well costs on drilling, Oyster Petroleum will acquire a 25% interest in licence P.1948, covering blocks 29/7c, 12, 13 and 14 in the UK Central North Sea. The P.1948 licence is operated by Endeavo
Often, new technology doesn’t live up to expectations – and there have been plenty of expectations around second-generation vessels such as SEA INSTALLER. Has this much-awaited vessel delivered on its promises? The first of A2SEA’s second-generation installation vessel designs, SEA INSTALLER incorpo
For CT Offshore, planning Borkum Riffgrund 1 from a cabling installation point of view has required more than a little creativity. For A2SEA, getting to and from DONG Energy’s Borkum Riffgrund 1 wind farm development, located 45 km off the German coast, is pretty much a straight-lined round trip fro
For CT Offshore, planning Borkum Riffgrund 1 from a cabling installation point of view has required more than a little creativity. For A2SEA, getting to and from DONG Energy’s Borkum Riffgrund 1 wind farm development, located 45 km off the German coast, is pretty much a straight-lined round trip fro
Polarcus has successfully completed acquisition of a major new 3D broadband multi-client project in the southern Porcupine Basin, offshore SW Ireland. The extensive survey, undertaken in partnership with ION GeoVentures, saw the technologically-advanced 3D seismic vessel Polarcus Amani tow an ultra-
Throughout the 83-day expedition, groups of UW students have each spent two weeks or more working aboard the UW’s large research vessel, the Thomas G. Thompson. Around 45 students, mostly undergraduates, are participating. Most are taking the Ocean 411: Seagoing Research and Discovery course, which
PTT Exploration and Production Public Company Limited or PTTEP announces that it has entered into an agreement to acquire a total 20% participating interest from Shell Brasil Petroleo Ltda in Concession BM-ES-23 in the Federal Republic of Brazil. This agreement is subject to the approval of Brazil’s
DONG Energy’s emergency response team honed its skills on Friday at the Borkum Riffgrund 1 offshore wind farm. “As part of this full-scale exercise, two crew vessels collided and four technicians fell overboard without the possibility of being rescued immediately. The simulated accident went ahead a
