Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that it has acquired the remaining 50 per cent interest in the Lowlander oil discovery in the UK Central North
Sterling Energy Plc, the AIM listed independent oil & gas exploration and production company, provides an update on activities in its Ambilobe and Ampasindava Blocks, located offshore Madagascar. A 1,363 km 2D seismic programme is currently in progress on the Ampasindava Block. The programme is desi
Electromagnetic Geoservices ASA’s (EMGS) reported revenues of USD 23.6 million in the third quarter 2013, down from USD 44.4 million in the previous quarter and from USD 43.2 million in the third quarter last year. Contract sales totalled USD 21.5 million, while multi-client sales came in at USD 2.1
All-electric tube bending machines from Unison are helping FMC Technologies – the leading supplier of subsea tree hydraulic control systems for wellheads – to substantially reduce build times and multiply its manufacturing capacity. Six sites worldwide now use Unison tube bending machines in a new p
Swiber Holdings Limited (“Swiber” or together with its subsidiaries, the “Group”), a world class integrated construction and support services provider to the offshore oil and gas industry, reported that net profit for the three months ended September 30, 2013 (“3Q2013”) jumped 15.4% to US$14.5 milli
Stork Technical Services (“Stork”), a global provider of knowledge based asset integrity services for the oil & gas, power & chemical utility sectors and Oryx Energy Products & Services LLC (“Oryx”), a service provider for the oil & gas, petrochemical and utility sectors based in Qatar, are establis
Ophir Energy plc announces further successful appraisal of the Mzia discovery in Block 1, Tanzania. Ophir holds 40% of Blocks 1, 3 and 4. BG Group operates with 60%. The Mzia-3 appraisal well was drilled approximately 6km north of the original Mzia-1 discovery well and targeted the main Lower sands
The Deep Green ‘underwater kite’ marine power plant is now producing electricity in the waters off Northern Ireland. This is the first time ever a marine power plant designed for low velocity currents produces electricity at sea, anywhere in the world, and the ocean trials verify the ability to unlo
Petrobras announces it has completed drilling the fifth exploratory well in the Santos Basin pre-salt Iara area, block BM-S-11. Well 3-RJS-715D (3-BRSA-1181D-RJS), informally known as Iara Alto Ângulo (‘Iara steep angle’), is located 225 km off the Rio de Janeiro coast, at a water depth of 2,128 met
AMEC, the international engineering and project management company, has been awarded the hook up and commissioning (HUC) support contract for GDF SUEZ E&P UK Ltd’s Cygnus gas field development, the UK Southern North Sea’s largest gas discovery in the last 25 years. The HUC support contract for the f
TGS, in partnership with Dolphin Geophysical, will commence acquisition of a new 3D multi-client survey, Olho de Boi, covering 5,000 km2 offshore Brazil. The survey is designed to image pre-salt plays in the hydrocarbon rich Campos Basin and is located northeast of the Pão de Açúcar discovery in an
Indonesia Vice Minister of Energy and Mineral Resources H.E. Susilo Siswoutomo officiated the grand opening of GE’s newly expanded Batam Island subsea manufacturing facility. The facility features a new high bay workshop that will enable GE to begin manufacturing its first vertical subsea production
Chevron Corporation confirmed that its Brazilian subsidiary and Petrobras have started crude oil production from Papa-Terra’s floating production, storage and offloading vessel (FPSO) offshore Brazil. “The startup of Papa-Terra is another important step toward meeting the growth target we’ve set for
Dolphin has been awarded a 5 months 3D seismic contract with an undisclosed client in India. The survey, located in North West India, will be started ultimo December with one or several of the 3D seismic vessels. Dolphin Group ASA is the parent company of Dolphin Geophysical AS, a global full-range,