Bahamas Petroleum, the AIM quoted oil and gas exploration company with licences in The Commonwealth of The Bahamas, announces its interim results for the six months ended 30 June 2011. Highlights: · a period of significant progress for the business; · successfully raised £45.6m through an equity pla
Apache Corporation said that its subsidiary Apache Julimar Pty Ltd will proceed with development of the Balnaves oil field in Production License WA-49-L offshore Western Australia. The field was discovered by Apache in 2009 during exploration and appraisal drilling in the Julimar-Brunello complex. B
Chartered by the French Navy for the Maritime Prefecture of the Channel and the North Sea, the response, assistance and salvage tug will ensure safety on this maritime zone. The Abeille Languedoc, a response, assistance and salvage tug operated by Les Abeilles, a BOURBON affiliate, has just arrived
TGS announces receipt of a seismic permit from the Bureau of Ocean Energy Management, Regulations and Enforcement (BOEMRE) to acquire 3D Wide Azimuth (WAZ) data in the Gulf of Mexico. This project is expected to be part of the 2012 investment plan. TGS-NOPEC Geophysical Company (TGS) provides multi-
Bridge, the Oslo Axess-listed oil and gas exploration and production company announces that it has signed a Sale & Purchase Agreement to acquire a 50% working interest in the producing Duart field from Nexen Petroleum Dragon UK Limited for a consideration of $38.3 million (the “Transaction”). The in
Sindre Rotevatn (51) has been appointed finance manager and deputy managing director of Ulstein Verft AS. He will take up the position in November. “I am looking forward to joining ULSTEIN and to my new role as finance manager and deputy managing director of Ulstein Verft,” says Sindre Rotevatn. He
Subsea project and integrity management specialist Flexlife has expanded its UK offering by opening a new base in Newcastle Gateshead… (SubseaUK) [mappress] Source: SubseaUK, September 29, 2011;
Ankara is sticking to its oil and gas exploration activities as planned in eastern Mediterranean Sea despite continued unease voiced by its… Source: Hurriyetdailynews [mappress] Source: Hurriyetdailynews , September 29, 2011;
Kreuz Holdings Limited , a subsea services provider for the oil and gas industry, announced that the Group’s order wins has increased to over US$100 million this year after securing its fourth subsea installation contract win this year worth approximately US$6.23 million from a leading offshore comp
EnerMech has completed an umbilical flushing and cleaning contract on behalf of Schlumberger in Singapore. The workscope included hydraulic oil flushing on two 24 core umbilical reels and associated subsea tools. The work scope included use of EnerMech’s flushing rig and COMPAR Microscope analysis k
DSIT Solutions Ltd., a subsidiary of Acorn Energy Inc. has announced the receipt of multiple awards for its recently delivered Submarine Tactical Trainer (STT). DSIT’s STT simulator provides a full representation of the spectrum of submarine weapon systems, sonar sensors, and Command and Control app
Norwegian outfit Langlee Wave Power has developed a new mooring system based on technology used in fish farms… (renews) [mappress] Source: renews, September 29, 2011;
An application for an onshore connection for a subsea electricity cable linking Scotland and Norway has been submitted. (SubseaUK) [mappress] Source: SubseaUK, September 29, 2011;
Polarcus Limited announces that the Company’s ultra-modern 12-streamer 3D seismic vessel, POLARCUS ALIMA, has achieved a significant first in the seismic industry, having successfully transited to Asia-Pacific via the Northern Sea Route (NSR). Her passage commenced on 15 September from Hammerfest in
