Technip was awarded by Total E&P Angola an engineering, procurement, construction and commissioning (EPIC) contract for the second phase of the Girassol Resources Initiatives (GirRI) development project. The field is located 210 kilometers offshore Angola, at a water depth of 1,300 meters. The contr
BP announced that it has awarded the first contracts for Project 20K™, a multi-year initiative to develop next-generation systems and tools to help unlock the next frontier of deepwater oil and gas resources, currently beyond the reach of today’s technology. The initial contracts will go to KBR and
Building on an already established regime for the awarding of offshore transmission licences in which over £2 billion of assets have been tendered for, Ofgem is now running a further tender competition for the transmission assets that connect the West of Duddon Sands wind farm to the onshore grid. T
Reef Subsea today announced that its subsidiary company, Reef Subsea Power and Umbilical Ltd., with offices in Stockton-on-Tees and Aberdeen, has successfully completed a series of offshore trials on its recently launched Q1000 subsea trenching ROV. The capabilities of both the trencher and its Laun
On Thursday, 8 November 2012, His Excellency Jaykaya Kikwete, President of the United Republic of Tanzania, laid the foundation stone at the Kinyerezi Gas Receiving Station for the start of construction of the Mnazi Bay to Dar es Salaam Gas Pipeline Project. The 532km pipeline and its associated fac
Providence Resources P.l.c., the Irish oil and gas exploration and production company, provides a technical and resource update on Licensing Option 11/9 (“Drombeg”). Providence (80%, Operator) and Sosina Exploration (20%) were awarded Licensing Option 11/9 (“Drombeg”) as part of the 2011 Irish Atlan
Ithaca Energy provides an update on the progress made with its Greater Stella Area (“GSA”) development activities and schedule. Highlights – The modifications contract for the “FPF-1” floating production unit has been awarded to the Remontowa shipyard in Gdansk, Poland. The FPF-1 is now located In G
Dril-Quip, Inc. announced net income of $29.7 million, or $0.73 per diluted share for the three months ended September 30, 2012, versus net income of $23.3 million, or $0.58 per diluted share for the third quarter of 2011. Total revenues were $190.9 million during the quarter ended September 30, 201
Sea Trucks Group (“Sea Trucks”), announces its recent contract award in Mexico with Tradeco for a pipeline installation project for Pemex. It concerns the AKAL field project; 3 subsea pipelines of 24” dia to connect 4 platforms, located in the Gulf of Mexico, approx. 90 km north east of Ciudad Del C
Odyssey Marine Exploration, Inc., pioneers in the field of deep-ocean shipwreck exploration, reported results for the third quarter ended September 30, 2012, and filed the Company’s third quarter Form 10-Q with the Securities and Exchange Commision. Third Quarter Financial Results Odyssey generated
2012 has seen SMD evolve the Q-series range of Work Class ROVs with extensive type testing carried out at the UK’s National Diving Centre at Stoney Cove, Leicester. The latest systems are configured to ensure SMD’s WROVs meet the demands and expectations of customers well into the future. Testing ha
Subsea 7 S.A. today announces the award of the Gullfaks C Subsea Compression Marine Operations by Statoil. The contract is for the engineering, installation and commissioning of a 15.5km integrated power service umbilical, a protection structure, a subsea compressor station, pipeline spools and tie-
Technip was awarded a lump sum contract for the development of subsea infrastructure for the Cardamom field located in the Gulf of Mexico, Garden Banks block 427. The field is at a water depth of approximately 830 meters. The project consists of a subsea tie-back to the Auger tension leg platform, w
The team have arrived in Punta Arenas, Chile and are getting ready to travel to Lake Ellsworth in the heart of Antarctica. After 16 years of planning the countdown is on for one of the most ambitious scientific missions in Antarctica. Twelve British scientists, engineers and support staff are headin
