SeaBird, a global provider of marine 2D and 3D seismic data for the oil and gas industry, has delivered results for the second quarter of the 2014. The company reported a net loss of $7.9 million for Q2 2014 (loss of $4.1 million in the same period in 2013). The loss for the first half of […]
Roc Oil (Bohai) Company, a wholly owned subsidiary of Roc Oil Company Limited, as operator of Block 09/05, Bohai Bay, Offshore China advises that drilling has started on the first exploration well QK11-1-1. Drilling from CPOE Rig 33 commenced at 11:00 China Standard Time on 14 August 2014. Total dep
GMB, the union for engineering construction and energy workers, commented on the unveiling of the first full-scale tidal energy generator in Ramsey Sound, off St Davids Head, Pembrokeshire in Wales. Phil Whitehurst, GMB National Officer for Engineering Construction, said: “This project is a very wel
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, today reported financial results for the quarter ended June 30, 2014. For the second quarter of 2014, Deep Down reported a net loss of $1.2 million
Composites are complex. Working with them requires knowledge, skills and experience. However, composites are also extremely strong, robust materials used widely in industry and society. It is time for a national turbine blade repair standard to open up the wind market to new, highly-competent compet
Cue Energy Resources Ltd has been advised by OMV New Zealand Ltd, the Operator of permit PEP 51313, that at 07:30 hours (local time) on Friday 15th August 2014, the Whio-1 well was at a depth of 1,582m MDRT in 12.25″ hole, and is drilling ahead towards the planned total depth of 2,879m MDRT (2,754m
Orcades Marine Management Consultants Ltd has entered into a long term relationship with Sustainable Marine Energy (SME) Ltd to provide Marine Operations and Risk Management support for the deploymeNt of their PLAT-O tidal turbine platform. Their first prototype is being tested in tidal waters off Y
COSL announced recently that its newly-built 12-streamer seismic vessel “Hai Yang Shi You 721” has been successfully delivered in Shanghai. The vessel will be put into operation after completion of tests for its geophysics equipment. Hai Yang Shi You 721, the second major seismic vessel invested by
JDR has signed a contract with Siem Offshore Contractors GmbH for the Nordsee One offshore wind farm as currently being developed by RWE Innogy GmbH and forming part of Germany’s largest offshore wind farm cluster. JDR will provide over 70 kilometres of aluminium core inter-array cable, cable access
Venari Resources LLC, a deepwater oil exploration and production company in the Gulf of Mexico, has announced that it has raised an additional $1.3 billion of equity commitments. Venari’s management and existing private equity and investment firms Warburg Pincus, Kelso & Company, Temasek and The Jor
Norfolk Marine Ltd has opened a new Operations Base in the Port of Lowestoft, the new facility comprises an Office Complex adjacent to Storage and Workshop buildings with an open yard of 2500m2 and 96m of Quay Front. The company’s vessels have operated from the Port for the past three years and as L
Greater Manchester-based Roxtec is reporting a 45 per cent growth from its UK operation with sales hitting £5m, representing a four-fold increase in sales over the past eight years. The UK subsidiary of a Swedish based firm, said recent work on North Sea platforms, petrochemicals, renewable energy a
Umoe Wind AS, which owns the first Wave Craft vessel currently under construction at Umoe Mandal AS, has entered into an 8-month contract with DONG Energy on July 17, which would begin in March 2015. The charter includes a possible extension of up to 12 months. The vessel will be operating on the Bo
BP Trinidad and Tobago LLC has announced the sanction of its Juniper offshore gas project. The project will feature the construction of a normally unmanned platform together with corresponding subsea infrastructure, a first for BP Trinidad and Tobago. Fabrication is proposed to begin in 4th quarter,
