SacOil, the South African based independent African oil and gas company, provides an update on its on-going operational activities in Nigeria and Malawi. Satisfactory progress has been made across the existing portfolio of exploration and appraisal assets. The Company also continues to evaluate a nu
Otto Energy Ltd (Otto) provides an update on the Galoc oil field reserves in the Philippines as at 1 January 2014. The operator of the Galoc oil field, Galoc Production Company WLL, a wholly owned subsidiary of Otto, has commissioned an annual review of remaining oil reserves from RISC, an independe
Petrobras completed the drilling of two wells in the Transfer of Rights area, in the Santos Basin. Results have confirmed the discovery of good quality oil in the pre-salt reservoirs referred to as Florim and Entorno de Iara. Well 3-BRSA-1215-RJS (3-RJS-725), informally referred to as Florim 2, is a
Fred. Olsen Windcarrier International Ltd., which is indirectly owned 50/50 by Bonheur ASA and Ganger Rolf ASA, has been awarded an additional transport and installation contract by the German company Global Tech I Offshore Wind GmbH for the installation vessel Bold Tern. The Bold Tern joins her sis
Portsmouth Naval Shipyard (PNSY) completed the vital repair and recertification of the hull on the Pressurized Rescue Module System (PRM-1 Falcon), the Navy’s only deep sea submarine rescue asset on Feb. 14. Falcon arrived at the shipyard in April 2013 for complex hull repairs including validation a
An accommodation platform for the DanTysk offshore wind farm, comprising five and a half stories, is taking shape in Kiel. The platform, which is 20 meters high and weighing 2,500 tons, will be rising 20 meters above the sea surface. Nobiskrug shipyard, based in Schleswig-Holstein, is building this
Odyssey Marine Exploration, Inc. has been awarded the exclusive contract to conduct an archaeological excavation and recover the remaining valuable cargo from the SS Central America shipwreck located approximately 160 miles off the coast of South Carolina. The ship, which was immortalized in the bes
The Dutch company Sima Charters successfully delivered a Multi-Purpose 66ft Tender, christened SC Amethyst. The tender features design and naval architecture by Vripack and is engineered for countless activities in the offshore sector. SC Amethyst has been designed by Vripack and Sima Charters, and
Vallourec has been awarded a $100 million contract for the supply of premium pipes with VAM® 21 connections for the offshore ML-South Project, operated by Total’s affiliate Total E&P Borneo in Brunei. After a successful exploration campaign started in 2007, Total has a drilling program starting with
From 18 December 2013 to 23 January 2014, the Petroleum Safety Authority Norway carried out an audit of materials handling on the Goliat FPSO. The objective of the audit was to verify the company’s management of technical, operational and administrative aspects of materials handling on the Goliath F
Saab Seaeye and Los Angeles Long Beach Fire Department have found a way to cut the time that takes to find a victim underwater from an average of three hours, to less than 30 minutes using a cleverly modified Falcon ROV that can rapidly sweep the area. Initially, finding a faster solution using a RO
Carnegie Wave Energy Limited advises that the pipeline installation work package of its Perth Wave Energy Project in Western Australia is complete. The installation of the pipelines follows on from the completion of the shore crossing conduit installation earlier in February. The pipeline work packa
Faroe Petroleum, an independent oil and gas company, has made an oil and gas discovery on the Pil exploration well in the Norwegian Sea (Faroe 25%). The Pil well (6406/12-3S) encountered a gross hydrocarbon-bearing reservoir section with approximately 135 metres of oil and 91 metres of gas in the Ju
Frazer-Nash is working with Marine Current Turbines to provide engineering and related technical services to help minimise fatigue loads on its next generation SeaGen tidal turbine, and reduce the costs and risks associated with this renewable technology. Marine Current Turbines appointed Frazer-Nas
