TenneT and Mitsubishi Corporation officially closed their partnership with respect to two German offshore high-voltage cable projects, BorWin1 and BorWin2. Mitsubishi’s voting interest will be 49% with aggregate maximum equity commitment of EUR 240 million. At the same time both partners signed a co
TGS has commenced acquisition of a 3D multi-client survey, Sunfish, which covers up to 7,800 km2 of highly prospective acreage in the Harper Basin, offshore Liberia. “This survey provides excellent data coverage for the source prone, syn-rift and early post-rift sequences, in this highly prospective
Abu Dhabi National Energy Company PJSC (TAQA) can confirm that an indication of hydrocarbons was detected in one of the legs of the Cormorant Alpha platform in the northern UK North Sea at 16.15 hours local UK time on January 14. Since the discovery, hydrocarbon levels have been continually monitore
Nexans, a worldwide expert in the cable industry, has been awarded by Nalcor Energy a contract in excess of 80 million Euros for a submarine high-voltage direct current (HVDC) cable in the province of Newfoundland and Labrador, Canada. The contract includes the manufacture, supply and laying of appr
Offshore wind farm support vessel CWind Alliance delivered an impressive 363 days of operation on the London Array during 2012. This impeccable service record, coupled with the composite workboat’s innate fuel efficiency and multi-tasking ability, is pushing Essex-based builder CTruk to the forefron
Western Australia’s peak environment and sustainability group the Conservation Council of WA welcomed a decision by the Federal Government to reject Apache Energy’s application to undertake seismic exploration within the Ningaloo World Heritage area. “This is a commonsense decision because the Ninga
Swiber Holdings Limited (“Swiber” or together with its subsidiaries, “the Group”), a world class integrated construction and support services provider to the offshore oil and gas industry reported a 14.0% increase in net profit to US$46.0 million for the nine months ended September 30, 2012 (“9M2012
The 111 wind turbines in the Anholt Offshore Wind Farm are covered by a five-year guarantee period. During the guarantee period, DONG Energy’s technicians will be working two by two with Siemens technicians, but once the guarantee period expires, DONG Energy’s operations organisation will take over
Aberdeen-based Specialist Subsea Services (S³), a provider of ROV, survey and vessel services to the international energy industry, recently completed 100 days’ of work on Gwynt y Môr Offshore Wind Farm, off the coast of North Wales. S3 mobilised a team of 15 people to visit all 160 locations for tu
McDermott International, Inc. (“McDermott” or the “Company”) announced that one of its subsidiaries has received a letter of award for a turnkey contract for the PB-Litoral-A production platform for PEMEX Exploracion y Produccion in the Litoral Tabasco Tsimin-Xux fields. The value is approximately U
An expedition to the icy waters of Antarctica has begun aboard the RRS James Clark Ross. The five-week mission will study the effect of ocean acidification in the Southern Ocean. During the expedition, scientists will study the impact of the changing chemistry on marine organisms and ecosystems, on
Chariot Oil & Gas Limited, the Africa focused oil and gas exploration company, announces that it has completed its 3500km2 3D seismic acquisition programme in Block C19 offshore Mauritania. The survey was contracted to and carried out by Fugro-Geoteam AS and targeted an area in the South Western sec
A cut in capacity price announced by Southern Cross may reduce Australian Communications Minister Stephen Conroy’s desire to build a government-funded submarine cable, ZDNet reports. Southern Cross plans to reduce prices by 20% with the installation of 100Gbps equipment this year on the subsea cable
First oil has been brought on line from Cormorant East, a newly discovered oil field, in which Dana Petroleum has a 20 per cent stake. The initial production rate is approximately 5,500 barrels of oil per day (net Dana approximately 1,100 barrels of oil per day). A Field Development Plan (FDP) for t
