Antrim announced that its wholly-owned UK subsidiary Antrim Resources (N.I.) Limited (“ARNIL”) has entered into a US$ 30 million Payment Swap transaction with Credit Suisse AG (“CSAG”) and a Brent oil price Commodity Swap transaction with Credit Suisse International (“CSI”). US$ 30 Million Payment S
Emerald Networks, a new-build network submarine cable system that will connect North America to Europe and Iceland with extraordinary new capacity, announced the signing of a Landing Party Agreement (LPA) with multinational telecommunications provider AT&T. Under this agreement AT&T will provide fac
Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and appraisal company, provided an update on its 100% owned and operated licences P1885 and PL 5/10 in the Rathlin Basin, offshore Northern Ireland. In 2012, Providence acquired a Full Tensor Gradiometry (FTG) and magnetic
West of Duddon Sands offshore wind farm, a 50-50 joint venture between DONG Energy and ScottishPower Renewables, has launched its campaign to recruit thirty skilled local workers for its operations and maintenance (O&M) team in Barrow-in-Furness. Work is now underway on a state-of-the-art Operations
The Petroleum Safety Authority Norway (PSA) carried out an audit of the operation of pipelines, subsea facilities on Ormen Lange and the onshore facility at Nyhamna during 27-28 Nov. 2012. The objective of the audit was to assess Shell’s compliance with requirements in regulations relating to health
Fassmer has presented three new specialized vessels in a wide range of products developed by its experienced naval architects and engineers in order to reach efficient solutions to the offshore challenges. Using its expertise in specialized vessels, Fassmer has developed a variety of assets to suit
Kongsberg Evotec, a wholly owned subsidiary of Kongsberg Maritime, will deliver its new mobile Launch and Recovery System (E-LARS) for Remote Operated Vehicle (ROV) to Swire Seabed in August 2013. Swire Seabed is an established subsea support company based Near Bergen Norway, whose three vessel flee
Cefas has signed a major contract with East Anglia Offshore Wind Ltd (EAOW) to provide metocean data that will support the development of the East Anglia Zone in the North Sea. EAOW is a joint venture owned 50:50 by ScottishPower Renewables and Vattenfall, and has been created for the development of
Tullow Oil plc (“Tullow”) announces the completion of its acquisition of Spring Energy Norway AS (“Spring”) that was previously announced on 11 December 2012. Roar Tessem, Spring’s CEO, will be Managing Director of Tullow’s Norwegian companies and will have responsibility for Tullow’s assets offshor
In the Awards in Predefined Areas 2012 (APA 2012), the Norwegian Ministry of Petroleum and Energy has offered RWE Dea Norge two new production licences, one of which is an operatorship. RWE Dea Norge will become operator of a new production licence (PL) with a 40% share, PL694. This increases the co
Serica Energy plc provides an operations update and announces its forward programme for 2013. During 2013 the Company is planning for the following events: • Columbus field – final development approvals expected to achieve mid-2015 first gas production • Namibia – full results from the Luderitz Basi
Subsea 7 S.A. announced it has been awarded a project worth approximately US$135 million by Shell U.K. Ltd as part of Shell’s Fram oil and gas development in the Central North Sea. The project encompasses the engineering, procurement, fabrication and installation of a 4.5km pipeline bundle of approx
Production has resumed from Antrim’s Causeway Field (Antrim 35.5% interest) in the Northern North Sea, following a shut-in period of three days. The nearby Cormorant East Field (Antrim 8.4% interest) is expected to resume production in the next few days. This announcement is further to the announcem
Langlee Wave Power AS keeps growing, opening an office in the Canaries through its Spanish subsidiary Langlee Wave Power S.L.U. The office is located in the Scientific and Technological Park of Tafira, in the Las Palmas de Gran Canaria University Campus. The Scientific and Technological Park aims to
