Polskie LNG, the Świnoujście LNG terminal project investor and Polish Oil and Gas Company signed a Letter of Intent aimed at expanding the plant and developing new services to be provided by Świnoujście LNG terminal. The objective of the LOI is to establish common understanding and the basis for fur
All dredging operations at the Sabetta seaport and the Gulf of Ob, that were scheduled for 2014, have been completed, according to the Federal Marine and River Transport Agency (Rosmorrechflot) report. As Rosmorrechflot reports, over 21.5 million m³ of dredged material has been removed from the site
National Marine Dredging Company (NMDC) will take part in an ambitious world class project to dredge the 35km of the New Suez Canal, parallel to the existing one. The $1.5 billion contract for the project was announced on October 18th by the Head of the Suez Canal Authority, Admiral Mohab Memish and
As a partner in the WA-424-P Joint Venture, IPB Petroleum has received an update from its drilling contractor that the estimated start date for the Pryderi-1 rig contract is now due late October to early November 2014. IPB Petroleum has previously announced October 24, 2014 as the estimated start da
RSI has been chosen to provide rock-physics driven inversion and interpretation services to a Latin-American NOC over one of their northern Caribbean offshore assets. The contract has a value in excess of $2 million. The work will commence immediately and will complete in the first half of 2015. Gar
The channel safety dredging program for the largest regional port in Victoria, the Geelong Dredging Project 2014 has been finished, according to the Victorian Regional Channels Authority (VRCA). Dredging was conducted in the vicinity of No 4 Corio Quay North in an area off the corner of the Hopetoun
In the 7th Licensing Round, the Danish Energy Agency (DEA) has received 25 applications from oil companies interested in searching for oil and gas in the North Sea. This is a record high number compared with previous licensing rounds. Several applicant companies have not previously held licences in
Five state-of-the-art Cutter Suction Dredgers from Jan De Nul Group will be mobilized for the construction of the new Suez Canal in Egypt, the company reported. The five dredgers, including the world’s largest Cutter Dredger, are J.F.J. De Nul, Kaerius, Fernão de Magalhães, Ibn Battuta and Zheng He.
Ophir Energy plc has announced the successful Drill Stem Test (DST) on the Fortuna-2 well in Block R, Equatorial Guinea. Ophir holds 80% of Block R and GEPetrol 20%. After successfully drilling and coring the Fortuna-2 well, a DST was conducted to prove the deliverability of the Fortuna gas field. T
Nimrod Sea Assets has completed its fourth transaction for USD6.65m by way of a 17.5% stake in Volstad Maritime II DIS, a partnership which owns the M.V. Oceanic Endeavour. Oceanic Endeavour is a high-end, 16 streamer, seismic vessel bareboat chartered to CGG Eidesvik and then time chartered to CGG
Operator Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea. Well 25/8-18 S, drilled by the rig Transocean Leader, proved an oil column of 25 meters in the Heimdal Formation. The estimated volume of the discovery i
One of McDermott’s subsidiaries has been awarded a transportation, installation and pre-commissioning contract by PC Ketapang II Ltd, a subsidiary of PETRONAS, for the Bukit Tua Development Project in the Ketapang block of East Java, Indonesia. “McDermott is uniquely positioned to support the fast t
Polarcus Limited has announced the imminent start of a major new RightBAND multi-client project over the Roebuck Basin, offshore North West Shelf, Australia. The Capreolus 3D survey, supported by industry funding, will comprise approximately 15,000 sq. km and is designed to provide exploration compa
Governor Pat Quinn has announced investments for stormwater management projects in Berwyn, Forest Park and Westchester from his Illinois Jobs Now! capital construction program. The announcement is part of Governor Quinn’s agenda to protect the environment by modernizing Illinois’ water infrastructur