Lundin Petroleum AB (Lundin Petroleum), through its wholly owned subsidiary Lundin Norway AS (Lundin Norway), announces that drilling of appraisal well 16/4- 8 S on the Luno II discovery has commenced. The Luno II discovery is located approximately 15km south of the Edvard Grieg field in the North S
Carnarvon Petroleum Limited reports that a new sidetrack wellbore section of the Phoenix South-1 well is required to be drilled below the 13 3/8” casing depth, due to the 9 5/8” casing hanger seal assembly running tool (CHSART), becoming stuck and preventing forward drilling progress of the current
Ithaca Energy Inc. has announced it has entered into an agreement with Sumitomo Corporation to acquire interests in three non-operated UK producing oil fields for a total consideration of $170 million. The acquisition further broadens the Company’s producing asset base with high quality, long-life o
All 15 sponsons have been successfully installed on the damaged starboard side of the Costa Concordia. Operations had begun at the end of April, with an average of 350 technicians working 24/7. Now the Conquest MB1 and is rotating crane will be positioned on the port side of the wreck to begin opera
Rosneft and Lukoil began the construction of prospecting and appraisal well № 1 at Ribachya structure as part of geologic exploration of North Caspian licensed site, situated in a Russian sector of North Caspian water area. The project is operated by the Caspian Oil Company. The planned drilling dep
According to the Parbuckling project site, 14 out of 15 sponsons have been installed on Costa Concordia’s starboard side. The installation of the final 15th side sponson S1 is expected to be concluded today. The total number of sponsons to be installed on the starboard side and on the port side of C
The Danish Nature Agency, under the Danish Ministry of Environment, has issued a tender for Copenhagen hydrographic survey services. The purpose of the survey is to map the remaining resources and obtain more information about the mining areas in the Sound. Furthermore, the survey should determine t
Eni signed a new Production Sharing Contract (“PSC”) with CNOOC for the exploration of one block offshore Hainan island, in the South China Sea. The Block 50/34 covers an area of about 2,000 sqkm in the Qiongdongnan Basin in conventional waters. The exploration period will last 6.5 years, subdivided
Global Cloud Xchange (GCX) announced its latest investment into the Asia Pacific region. The new ICX cable infrastructure is part of the company’s strategy to provide a direct subsea route to bridge an important gap in the emerging markets corridor, specifically delivering a direct Mumbai-Singapore
Statoil Petroleum AS, operator of production licence 615, has completed the drilling of wildcat well 7324/2-1. The well was drilled about 45 kilometres north of the 7324/8-1 “Wisting Central” discovery, and 350 kilometres north of Hammerfest. The primary exploration target for the well was to prove
Royal Australian Navy clearance divers have successfully disposed of a suspect object in Betio Lagoon off South Tarawa, in the Republic of Kiribati. A team of Australian Defence Force personnel was sent to the Pacific island nation following the discovery of the suspect object beneath a sunken vesse
Nord Stream AG will be conducting long-planned annual maintenance works on its twin gas pipeline system between June 24 and July 4, 2014. These routine maintenance works will require a temporary shutdown first of both lines at once, then of each line separately. These works are an essential part of
Two complete Oceanscience Underway SV systems including the Valeport Rapid SV profiler were recently supplied by Swathe Services (Australia) to IXSurvey Australia ahead of a challenging hydrographic survey project in the Fiordland National Park, New Zealand. Rapidly changing sound velocity caused by
The Skerries Tidal Stream Array, owned by Marine Current Turbine (MCT) subsidiary Sea Generation (Wales) Ltd, has been notified by the Department of Energy & Climate Change (DECC) that the conditional offer of funding under DECC’s Marine Energy Array Demonstration Fund (MEAD) has been withdrawn. Whi
