Oslo-listed provider of floating production services to the oil and gas industry, BW Offshore, has received a one year contract extension for the lease and operation of the FPSO Umuroa. The FPSO is operating on the Umuroa field offshore New Zealand for the Australian based oil and gas exploration an
Lundin Norway AS, operator of production licence 555, has completed drilling of wildcat well 33/2-1, located in the North Sea. The well is dry. The well investigated the hydrocarbon potential of the Storm prospect, which is located 200 km northwest of Florø on the Norwegian west coast and 65 km nort
Hess Corporation and North West Shelf signed a Letter of Intent to develop its natural gas discoveries.
Bowleven has announced that the Etinde farm-out transaction with LUKOIL/NewAge is at the final stage of completion. Bowleven announced its intent to sell part of its interest in the Etinde Permit, offshore Cameroon, by entering into a conditional agreement with LUKOIL and NewAge in June this year. F
Aker Solutions said its employees bought shares for about NOK 95 million ($12.8 million) as part of annual programs for staff and managers. The company for the sixth consecutive year held share purchase programs (ESPPs) to encourage employee ownership. A total of 2,332 employees, or 17 percent of el
Exmar of Belgium ordered a second FLNG at Wison Offshore & Marine.
Karoon Gas Australia has informed that as at 0600 hrs AEST on December 23, 2014, production testing from DST-1A over the Maastrichtian A and B oil bearing reservoirs was continuing with a pressure buildup following a 12 hour main flow period. Karoon previously informed that the wireline logging for
Australia’s Fastwave has received order from Woodside Energy Ltd for 22 Voyager oil spill tracking buoys. The Voyager drifter buoy provides near real-time ocean current, sea surface temperature and oil spill tracking data via Iridium satellite telemetry. Unlike spherical drift buoys, the Voyager’s f
Congressman Frank Pallone, Jr. (NJ-06) has announced that the New Jersey Sea Grant Consortium (NJSGC) has been awarded $233,600 to further develop research and educational programs to ensure that New Jersey coastal communities are resilient to the impacts of climate change, as well as future storms.
GasLog signed an agreement with Bg Group’s unit Methane Services to acquire two LNG carriers for $460 million.
Sub-Atlantic has secured three international contracts with a combined value of over £3.5 million for the manufacture of three specialist remotely operated vehicles (ROVs). The firm will provide IKM Subsea in Norway, Italy’s Globe Exploration and Total Marine Technology of Australia with observation
Expert advice provided to WWF-Australia has raised alarming concerns about the plan to dump dredge spoil on the Caley Valley wetlands at Abbot Point. These include that the ponds may be too small to hold the dredge spoil, that sediment flowing to Reef waters has been seriously underestimated, and th
Nakilat Damen Shipyards Qatar agreed to build 11 vessels for Ner Port Project.
Wärtsilä’s dual-fuel engines have been ordered for the Gotland’s LNG-powered RoPax ferry.