Subsea vehicle designer and manufacturer SMD were awarded the contract to build the world’s first deep sea mining tools for Nautilus Minerals in 2007. The contract included three subsea mining machines with the associated control and launch and recovery systems. Tuesday 2nd July saw the first major
In May, Det norske’s production increased by over 250 percent. The first well on the Jette field came on stream 19 May. Both wells at Jette are now producing stable and production figures for June is almost doubled from May. Det norske has an ownership interest of 70 percent, and Jette is expected t
Shell announces a successful exploratory well at Vicksburg in the deepwater Gulf of Mexico. The well is located 75 miles (120 kilometers) offshore in the De Soto Canyon Block 393 in 7,446 feet (2,269 meters) of water. It was drilled to a total depth of 26,385 feet (8,042 meters) and encountered more
On May 18, Petrobras set a new pre-salt production record, with output of 322,100 barrels of oil per day (bpd), 11,000 bpd up on the previous record of 311,500 bpd (April 17). In addition to encouraging figures for pre-salt production, the company also achieved record output in Espírito Santo, with
Saipem informs that last night, July 1, the jack up drilling rig Perro Negro 6, due to the collapsing of the seabed under one of the three legs, suddenly tilted and suffered hull damages, causing water intake. The event occurred during the rig positioning on location prior to starting drilling opera
Petroleum Geo-Services (PGS) has recently commenced acquisition of a new GeoStreamer® MultiClient 3D marine seismic survey (Caswell MC3D), in the highly prospective Browse Basin offshore Western Australia. The Caswell MC3D approval area has an extent of circa 15,000 sq km with planned acquisition of
CNOOC Limited (the “Company”) announced today that Wenchang 8-3E oil field has recently commenced production. Wenchang 8-3E oil field is located in the western Pearl River Mouth Basin with an average water depth of about 110-120 meters. The project has 4 producing wells and is expected to reach its
Tocardo Tidal Turbines, producer of tidal and free-flow water turbines, and leading international law firm Clifford Chance have entered a strategic business partnership. The deal will enable Tocardo to access specialist legal and administrative support for tidal energy projects worldwide. Clifford C
Antrim Energy Inc., a Canada-based international exploration and production company, announces that the UK Department of Energy and Climate Change (“DECC”) has agreed to amend the terms of UK Central North Sea Licence P077 (Antrim 100%) to allow for a revised Field Development Plan (“FDP”) for the F
Subsea 7 S.A. announced the award of a contract with a value (at the time of contract signature) of around U$450 million from Petrobras. The contract is for the operation of the Pipe Lay Support Vessel (PLSV) Seven Phoenix on a day rate basis for five years, with operations starting in the third qua
McDermott International, Inc. (“McDermott”) announced that one of its subsidiaries has been awarded an engineering, procurement and construction (EPC) contract by Exxon Mobil Corporation for its Julia development. The value of the contract is included in McDermott’s second quarter 2013 backlog. The
As at 28 June, seven oil companies have purchased the Norwegian Petroleum Directorate’s (NPD’s) seismic package from the southeastern part of the Barents Sea and the ocean areas off Jan Mayen. The seven companies are Chevron Norge AS, Idemitsu Petroleum Norge AS, Det norske oljeselskap ASA, AS Norsk
N-Sea announces the award of a subsea support services contract for Cecon in their Dutch sector campaign 2013. N-Sea will perform survey and ROV based construction support services throughout the installation of 60 km of pipelines in the North Sea. The project is scheduled in Q3 2013 and will involv
Leading global companies Costain, Atkins, and Van Oord have reached agreements to partner with Tidal Lagoon Power Limited to design, build and deliver the world’s first tidal lagoon in Swansea Bay, Wales as the company prepares for formal consultation due to begin on Thursday 4 July. Costain is one
