Within the DEME group recently, a great many assignments for large, energy-related projects have been awarded to a range of different companies. The assignments will be executed for oil and gas companies and businesses working within the renewable energy sector and represent a total value of 250 mil
Santos announced a gas discovery at the Winchester-1 exploration well in WA-323-P, located in the Carnarvon Basin offshore Western Australia. Winchester is Santos’ fourth consecutive exploration gas discovery offshore Western Australia, following successes at Crown, Bassett West and Bianchi. Wirelin
Nearly two decades after setting a world water-depth record for drilling and production, Shell’s Auger tension-leg platform is still playing a central and innovative role in the company’s deep water Gulf of Mexico portfolio – currently producing some 55,000 barrels oil equivalent (boe) per day (Shel
OERA (Offshore Energy Research Association) is inviting applications from community based or not-for-profit organizations in the Bay of Fundy region to participate in an OERA established Participation Support Fund. The purpose of the Participation Support Fund is to provide modest one time grants to
Costa Crociere and Titan-Micoperi representatives presented the progress of removal operations to the Commissioner for the Concordia Emergency Franco Gabrielli, the Observatory for Concordia Removal and the Mayor of Giglio at Civil Protection headquarters in Rome. Costa Crociere is now in the proces
Apply has been awarded a frame contract for Maintenance and Modifications on the Valemon Field. Valemon is located in the northern part of the North sea, between the fields Kvitebjørn and Gullfaks south. Valemon is being developed as a fixed platform with a steel jacket for the separation of gas, co
Otto Energy Limited, as operator of the producing Galoc oilfield joint venture offshore the Philippines, provides update on the Galoc-5H and Galoc-6H drilling campaign in SC14C, part of the Galoc Phase II development approved in 2012. Progress During the period from 0600 hours (AWST) on 10 July 2013
Alcatel-Lucent has broken a new record for the amount of data that can be transmitted over transoceanic distances on a single optical fiber. In a test carried out at Alcatel-Lucent’s Innovation City campus in Villarceaux near Paris, researchers from Bell Labs successfully sent data at speeds of 31 T
Santos announced a gas discovery at the Bianchi-1 well in Retention Lease WA-49-R, located in the Carnarvon Basin offshore Western Australia. Wireline logging and pressure testing has confirmed 112 metres of net gas pay between 4,748 metres and 5,343 metres in the primary target Triassic-aged Mungar
CNOOC Limited announced that its parent company, China National Offshore Oil Corporation (CNOOC) has signed production sharing contract (PSC) with BP for deepwater Block 54/11 in Pearl River Mouth Basin in the South China Sea. Block 54/11 is located in Pearl River Mouth Basin in the east part of the
Cargotec’s MacGregor has entered into an agreement to acquire privately owned Hatlapa Group, merchant ship and offshore deck equipment provider, for an enterprise value of EUR 160 million. Hatlapa’s main products are a wide range of winches, steering gears, compressors, multi-deck-handler cranes, an
Occidental Petroleum Corporation announced that its wholly owned subsidiary Occidental Petroleum of Qatar Ltd. (Oxy Qatar) and Qatar Petroleum have agreed on the Phase 5 Field Development Plan (FDP) of the Idd El Shargi North Dome Field (ISND), offshore Qatar. The ISND Phase 5 FDP has been prepared
BSEE confirmed that Energy Resource Technology, LLC (ERT) has stopped the flow of natural gas from well #2 at Ship Shoal Block 225, Platform B. The flow from the well, located approximately 74 miles southwest of Port Fourchon, LA., was stopped using a pumping operation approved by BSEE that involved
Ocean Power Technologies, Inc. (“OPT” or “the Company”) has announced financial results for its fiscal 2013 fourth quarter and the full year ended April 30, 2013. Some of the highlights from the report are: – Ocean Power Technologies reported a net decrease in cash and investments of $11.4 million f
