Australian energy company WHL Energy Limited (“WHL Energy” or “the Company”) reports that the seismic vessel the CGG Viking II has mobilised to the Otway Basin and is currently deploying its equipment. The La Bella 3D Marine Seismic Survey (MSS) in offshore Otway Basin permit VIC/P67 is expected to
Aker Solutions’ earnings for the third quarter of 2013 showed a steady improvement in profit compared with the first half of the year, helped by improved execution in several business areas and key deliveries. Financial Highlights – Sales were NOK 10.9 billion in the third quarter of 2013, compared
Statoil has started production from the Visund North oil and gas field in the North Sea. Visund North is the sixth project that has started production of the 12 “fast track” projects Statoil has in its portfolio. “Completion of the first production well as well as a production shutdown at the Visund
Wave energy developer, Carnegie Wave Energy Limited announces the award of the manufacturing and construction contract for its wave powered Desalination Pilot Plant to Perth-based Mak Water Industrial. The desalination pilot plant will be integrated into Carnegie’s Perth Wave Energy Project on Garde
McDermott International, Inc. (“McDermott” or the “Company”) reported a net loss of $64.1 million, or $0.27 per fully diluted share, for the quarter ended September 30, 2013. These results compared to income of $50.6 million, or $0.21 per fully diluted share, in the corresponding period of 2012. Wei
After a successful initial study to validate their tidal turbine design software Tidal Bladed, GL Garrad Hassan are preparing for the next phase of full scale validation, under the Reliable Data Acquisition Project for Tidal (ReDAPT) project. Tidal Bladed is a commercial software package which can b
Schlumberger broke ground on a new regional center focused on reliability and efficiency, marking the official start of construction of the center. Located in Port Klang Free Zone, Selangor, the Schlumberger Asia Center for Reliability and Efficiency will be dedicated to advanced maintenance and ser
EPL Oil & Gas, Inc. (EPL or the Company) reported it has resumed production within its West Delta and South Pass fields following a third party pipeline inspection. A previously reported, EPL’s oil production was curtailed due to a third party pipeline inspection that began on October 24th. The pipe
SOCO announces that it has entered an agreement with PA Resources Congo SA, a wholly owned subsidiary of PA Resources AB, to farm-in to a 60% working interest in the Mer Profonde Sud permit, offshore the Republic of Congo (Brazzaville). The Mer Profond Sud permit comprises the exploration area of th
ITF, the global technology facilitator, together with subsea and pipeline engineering and project management company Subsea Engineering Associates (SEA) Pty Ltd in Perth, Australia, has recently launched a Joint Industry Project (JIP) that will explore and demonstrate a new approach to assessing pip
Kreuz Holdings Limited (“Kreuz” or together with its subsidiaries, the “Group”), an integrated subsea service provider for the oil and gas industry, reported that the Group’s net profit surged 60.3% to US$16.6 million for the third quarter ended September 30, 2013 (“3Q2013”) from S$10.4 million in t
Otto Energy Limited (“Otto”), as operator of the producing Galoc oilfield joint venture offshore the Philippines, provides the following update on the Galoc Phase II project in SC14C. During the period from 0600 hours (AWST) on 21st October 2013 to 0600 hours (AWST) on 4th November 2013, the Galoc-6
During Offshore Energy 2013 held in Amsterdam RAI on 15 and 16 October, our reporters spoke to Stuart Ross, Europe CIS Regional Technical Manager for Well Test at Expro. Stuart highlighted Expro’s activities in pioneering well flow management: “Expro provides our clients with the services, products
Chevron Corporation reported earnings of $5.0 billion ($2.57 per share – diluted) for the third quarter 2013, compared with $5.3 billion ($2.69 per share – diluted) in the 2012 third quarter. Sales and other operating revenues in the third quarter 2013 were $57 billion, compared to $56 billion in th
