Spectrum has commenced the next phase of its 2D Multi-client campaign in South West Africa with a 9,000 km seismic survey over the South Africa Orange basin. The program ties in with the survey over the Namibia Orange Basin that was acquired in Q4 2012. The seismic data is being acquired by the vess
Statoil has received renewed consent to use the pipeline between Heimdal and Grane. The background for the application is a change in how the pipeline is used. The pipeline between the Heimdal and Grane facilities was originally constructed for gas injection purposes. Statoil wants to have the optio
French power utility EDF EN and French maritime defense specialist DCNS, are deploying the current generation CETO 4 unit on La Réunion Island in the Indian Ocean. The Réunion Island Project is funded by EDF EN and both the French and La Réunion Governments. The manufacture and installation of the u
After a presentation on the Rhiannon offshore wind farm, Port St Mary Commissioners supported the development of tidal energy in the area, saying that offshore wind costs too much and is less efficient. Regarding the presentation on the Rhiannon offshore wind farm, they have agreed that the next sta
CNOOC Limited (the “Company”) announced that Panyu 4-2/5-1 oil field adjustment project and Liuhua 4-1 oil field located in the Pearl River Mouth Basin of South China Sea, successfully commenced production. Panyu 4-2/5-1 oil field has an average water depth of about 100 meters. The adjustment projec
DeepOcean AS (“DeepOcean”), a subsidiary of DeepOcean Group, has been awarded a call-off under the current long-term frame agreement for offshore Light construction and survey services for Statoil. Estimated contract value is more than NOK 100 million. The frame agreement includes services covering
Noble Corporation announced that it is working cooperatively and diligently to rectify deficiencies and maintenance issues raised by the U.S. Coast Guard during a recent inspection of the Company’s drillship, the Noble Discoverer. The inspection followed a successful drilling season in offshore Alas
Chevron Corporation announced further drilling success by its Australian subsidiary in the Exmouth Plateau area of the Carnarvon Basin, a premier hydrocarbon basin. The Pinhoe-1 exploration discovery well encountered approximately 197 feet (60 meters) of net gas pay in the Barrow and Mungaroo Sands.
Additional early restoration projects totaling about $9 million will begin along the Gulf Coast in 2013, according to the Deepwater Horizon oil spill Natural Resource Damage Assessment (NRDA) trustees. Following a 30-day public comment period on the “Deepwater Horizon Oil Spill Phase II Early Restor
Trapoil, the independent oil and gas exploration and appraisal company focused on the UK Continental Shelf (“UKCS”) region of the North Sea, provides an operational update with regard to the Romeo well and the Athena acquisition. Romeo Well Operations are continuing on the Romeo (Licence P.1666, Blo
Tribute Resources Inc. (“Tribute”) announces that it is continuing to diversify its renewable energy portfolio and will extend its geographic reach by actively participating in the development of tidal power generation in and around the British Columbia Gulf Islands. Tribute has entered into an arra
Orkney Islands Council is calling for urgent talks with ministers after the announcement about the delay of cable upgrade from Orkney to Caithness until 2018, Herald Scotland reports. According to SSE, the cable linking wave, wind and tidal developments to the mainland will be completed in 2018 at t
Scottish Hydro Electric Transmission, part of the SSE energy group, announced the delay of the grid connections between Orkney and Shetland until 2018, BBC informs. With this move Scottish Hydro Electric Transmission raised questions over the Scottish government’s Saltire Prize. This decision may pr
Mermaid Maritime Public Company Limited (“Mermaid”) reported net profits of Baht 86.0 million in the financial year that ended on 30 September 2012 (“2012”), the first positive result since 2009. Net profits increased 153.3% compared to net losses of Baht 161.3 million in the financial year that end
