Total announces that it has been awarded 10 new exploration licenses during Brazil’s 11th bid round. Total will be the operator with 40% interest in five blocks situated in the Foz do Amazonas basin (FZA-M-57, FZA-M-86, FZA-M-88, FZA-M-125 and FZA-M-127) and with 45% interest in one block (CE-M-661)
National Grid and Statnett confirm plans for further development of the world’s longest subsea interconnector. British energy company National Grid and Statnett, the Norwegian transmission system operator (TSO), have signed a co-operation agreement to continue work on the interconnector to link the
Deep Down, Inc. (“Deep Down”), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, reported net income of $0.2 million for the first quarter of 2013, an improvement of $0.5 million from the first quarter of 2012. For
Premier announces that it has been awarded three blocks in Brazil’s 11th Round held in Rio de Janeiro on 14 May. The blocks are located in deep water basins offshore North East Brazil in largely under-explored areas and contain prospects and leads capable of delivering between 250 mmbbls and 1 bn bb
Unique Wellube FZC, a Unique Maritime Group Company which is one of the world’s leading integrated turnkey subsea and offshore solution providers is proud to announce the widening of its portfolio of services by signing exclusive agency and distribution agreements with 3 new associations. Unique Wel
Subsea 7 S.A. (the “Group”) announced results for the fourth quarter and full year which ended on 31 December 2012. Unless otherwise stated, the comparative period is the three and thirteen months ended 31 December 2011 for Subsea 7 S.A. and the results of Subsea 7 Inc. following the date of Combina
GE announced the largest expansion of its Batam manufacturing facility to date, with the construction of a high bay for a new line of subsea wellhead equipment that will further increase local content. Making the announcement at the Indonesia Petroleum Association’s (IPA) 37th Annual Convention, Vis
Cal Dive International, Inc. announced that it has been awarded two additional contracts from Pemex Exploración y Producción that are expected to generate combined total revenues of approximately $188 million. The first contract is for the procurement, installation and commissioning of 47 kilometers
FMC Technologies, Inc. announced that it has received an order from ConocoPhillips Australia Pty. Ltd. for the supply of subsea equipment for its Bayu Undan Phase 3 project. The order has an estimated value of $26 million. The Bayu Undan field is located in the Timor Sea, approximately 280 miles (45
Hallin Marine, a Superior Energy Services company, has secured a contract with EnQuest for an inspection, repair and maintenance (IRM) project in the UK Sector of the North Sea. The work will include full structural inspection activities as well as a number of repair and maintenance operations at En
BP and partners Total, Petrobras and Petrogal were yesterday named winning bidders for eight deepwater blocks offshore Brazil in the Brazilian National Petroleum Agency’s (ANP’s) 11th bid round. BP will be operator in two of the blocks. The companies have committed to explore concession blocks FZA-M
International energy consultancy Xodus Group has secured a contract worth £1.3 million to deliver the subsea Front End Engineering Design (FEED) study for the Premier Oil Catcher project in the Central North Sea. The scope of work will involve two phases. A review of previous and current studies, pr
DNV’s continued focus on safety and service quality and the ability to provide leading-edge technology advice and solutions contributed to the company’s strong market and financial performance in 2012. Revenues increased by 27% compared to 2011 and DNV strengthened its global position in all its key
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a new contract worth more than $100 million for the supply and installation of submarine cables for a section of ExxonMobil’s existing offshore operations in the United States. The scope of work involves
