Statoil ASA farms down in Aasta Hansteen, Asterix and Polarled and exits two assets on the NCS for a consideration of USD 1.3 billion, including contingent payment. Through this transaction Statoil monetises on the Aasta Hansteen field development project, while retaining the operatorship and a 51 %
A European tender for the performance of geophysical and geotechnical soil investigations for offshore wind farm zones in the Netherlands was issued on September 5. Contractors are invited to digitally submit an offer for the public tender via TenderNed. This public procurement process is supervised
Solstad Offshore ASA, an offshore-shipping company based in Skudeneshavn, Norway has been awarded a pipe transportation contract by a major subsea contractor. The firm contract is for hire of 3 Platform Supply Vessels with duration of a total 730 vessel days plus mobilisation, demobilisation and opt
Subsea 7, contractors in seabed-to-surface engineering, construction and services to the offshore industry, is back on track with Guará-Lula offshore project in Brazil. According to the statement given to Reuters by the Chief Executive Jean Cahuzac, Subsea 7 has managed to bring Guará-Lula problems
The PSA has given Gassco AS consent to use the Valemon rich gas pipeline between the Valemon and Heimdal fields in the North Sea. The consent applies to the use of the rich gas pipeline between the Valemon field and the riser facility at the Heimdal field. The Valemon rich gas pipeline has a total [
Cameron has announced today that Scott Rowe will assume the newly created position of President and Chief Operating Officer (COO), effective October 1, 2014. In his new role, he will report directly to Jack Moore, who remains Chairman and Chief Executive Officer of the Company. Rowe has served with
Atlantis, owner of the world’s largest planned tidal stream energy project, MeyGen, has signed a 398MW, 25-year seabed lease with The Crown Estate. The lease was secured after MeyGen satisfied the extensive development obligations contained within its five-year Agreement for Lease (“AfL”), which was
Cuxport has been supporting the Dutch company Ballast Nedam Offshore in the use of an alternative technique to transport and install monopiles at the “Amrumbank West” wind park on behalf of E.ON since the middle of August. The foundation piles are no longer just transported to the offshore site on b
When a segment of a major fault line goes quiet, it can mean one of two things: The “seismic gap” may simply be inactive, the result of two tectonic plates placidly gliding past each other, or the segment may be a source of potential earthquakes, quietly building tension over decades until an inevit
HMAS Yarra has completed a mission to search for the Royal Australian Navy submarine, HMAS AE1, off the Duke of York Islands, Papua New Guinea, which has resulted in the discovery of a number of contacts of interest. Some of the contacts discovered in the search from 6-9 September were able to be cl
Time is money offshore. While developing a unique marine management review standard for the renewables sector, Green Marine Solutions (GMS) has been saving valuable minutes for its clients. The results are often a victory for both systems and common sense. Practical rather than purely academic Since
Time is money offshore. While developing a unique marine management review standard for the renewables sector, Green Marine Solutions (GMS) has been saving valuable minutes for its clients. The results are often a victory for both systems and common sense. Practical rather than purely academic Since
Statoil Petroleum AS, operator of production licence 393 B, has completed drilling of wildcat well 7125/4-3. The well is dry. The well was drilled about four kilometres south of the 7125/4-1 oil and gas discovery and about 105 kilometres northeast of Hammerfest. The exploration target for the well w
Gardline CGG Pte Ltd has been contracted by OGP (International Association of Oil & Gas Producers) to be involved in the last phase of the BRAHSS (Behavioural Response of Australian Humpback whales to Seismic Surveys) project. Gardline CGG will use MV Duke as a source vessel offshore Peregian Beach
