MCG announces the commencement of a new multi-client 2D survey, MCG1301, in the southwestern Norwegian Barents Sea. This is the fifth consecutive year MCG acquires multiclient 2D in the western Barents Sea. The survey is a consistent 4×4 km grid and will be around 8,400 km. This will bring MCG’s hig
Cobalt International Energy, Inc. (“Cobalt”) announced extraordinary results from its Shenandoah #2R appraisal well, located in Walker Ridge Block 51, and provided an update on its North Platte #1 exploratory well, located in Garden Banks 959, both located in the Inboard Lower Tertiary Trend, deepwa
In 2011 and 2012, the Norwegian Petroleum Directorate acquired seismic data off Jan Mayen and in the southeastern Barents Sea. In the southeastern Barents Sea, Dolphin Geophysical acquired 6766 line-kilometres during the periods of 26 April – 15 June and 1 – 6 July 2012, using the survey vessel Arte
Wave energy developer Carnegie Wave Energy Limited (CWE) announced today that it has completed a fund raise totalling $9.5m consisting of the $8.5m Share Purchase Plan (SPP) announced yesterday plus a further $1m in funds in a private placement. The funds will be used alongside Carnegie’s Government
FMC Technologies, Inc. announced that it has signed a contract with BP for the manufacture and supply of subsea equipment to support the Mad Dog Phase 2 field development. The Mad Dog Phase 2 field development is located near Green Canyon Block 825 of the Gulf of Mexico, 150 miles (240 kilometers) s
The latest stage in the construction of Gwynt y Môr Offshore Wind Farm, off the North Wales coast, has got underway with the start of inter-array cable installation. The subsea cables will connect all 160 turbines to the two offshore substations already installed more than eight miles off North Wale
Sediments of the deepest trench on Earth, Challenger Deep in the Mariana Trench, shows surprisingly high microbial activity. An international research team led by Professor Ronnie Glud from the University of Southern Denmark involving Dr. Frank Wenzhöfer from the HGF-MPG Joint Research Group on Deep
Fastnet, the listed E&P company focused on near term exploration acreage in the Celtic Sea and Morocco, announces that it has executed a seismic contract with CGG to acquire, using the SR/V Vantage, 1,710 sq. km. of 3D seismic in the Celtic Sea beginning in mid-April 2013. The total value of the pro
TGS has commenced acquisition of a 2D multi-client survey offshore Sierra Leone. The survey, SL13, will add 9,191 km of new 2D data to infill the existing 5,784 km of 2D data acquired in 2001. Upon completion of the SL13 survey, TGS will have approximately 15,000 km of contiguous 2D multi-client dat
The U.S. Bureau of Ocean Energy Management (BOEM) said Thursday it had completed its required evaluation to ensure that the public receives fair market value for tracts leased as part of Western Gulf of Mexico Oil and Gas Lease Sale 229. After extensive economic analysis, BOEM awarded leases on all
Statoil, with its partners Eni and Petoro, has started production from the Skuld field at Norne in the Norwegian Sea. Skuld is so far the quickest realised of Statoil’s 12 fast-track development projects, measured from discovery to production. Skuld consists of the two discoveries Fossekall and Domp
De-risking offshore renewable energy projects is vital for delivering them safely, on time and on budget. Now project developers and engineers and turbine cable installation contractors working in and around Hamburg and Paris can spend a day with Fugro specialists to gain invaluable understanding of
Wave energy developer Carnegie Wave Energy Limited announces that its Share Purchase Plan has closed oversubscribed and raised $8.5 million. Carnegie had previously announced on 8 February 2013 that it had initiated a capital raising via a Share Purchase Plan (SPP) of $6 million with capacity to acc
TGS-NOPEC Geophysical Company ASA (“TGS”) announces a commercial agreement to sell Fugro’s 2D multi-client library. As a result of this agreement, Fugro provides TGS with an exclusive right to licence and market the majority of Fugro’s multi-client 2D library and receive commission fees on the sales
