Teledyne Technologies Incorporated and Bolt Technology Corporation have entered into a definitive agreement that provides for the merger of Bolt with a wholly-owned subsidiary of Teledyne. Pursuant to the transaction, Teledyne will acquire all of the outstanding common shares of Bolt for $22.00 per
DOF Subsea UK Limited has been awarded and started work on a multi-million dollar contract with Saipem S.A. The scope sees the provision of DOF Subsea’s DSV Skandi Singapore and project crew, to complete two key construction projects offshore West Africa. As well as supplying the Skandi Singapore, D
Reef Subsea has informed it has completed work on the L5 Sierra Pipeline and Bøyla development projects, in The Netherlands and Norway, respectively.
Global Petroleum Limited has announced that its wholly owned subsidiary, Jupiter Petroleum (Namibia) Limited, has agreed with the Namibian Ministry of Mines and Energy (‘MME’) a 12 month extension of the Initial Exploration Period of its Petroleum Exploration Licence No. 29. The licence covers two B
Electromagnetic Geoservices ASA (EMGS) has received a supplement agreement from Statoil Petroleum AS worth approximately USD 1.0 million. The agreement is for the multi-client 3D EM data acquisition in the Norwegian Sea. The Company expects to begin the survey soon, after completing the survey for S
Conservation groups yesterday filed lawsuits in federal court against Duke Energy seeking to clean up toxic coal ash pollution from three Duke facilities that are contaminating rivers and groundwater supplies that provide drinking water to hundreds of thousands of North Carolinians. The Clean Water
Dudgeon Offshore Wind Limited has awarded the contract for the Electrical System Infrastructure for its Dudgeon Offshore Wind Farm to Siemens Transmission and Distribution Ltd. The contract covers engineering, procurement, construction and offshore hook-up of one onshore substation and one offshore
Norwegian oil giant Statoil has made a small discovery in its Martin prospect located in the Gulf of Mexico (GoM).
Genel Energy plc has announced that the Dilolo-1 exploration well on Block 39 offshore Angola is in the process of being plugged and abandoned after failing to encounter hydrocarbons.
Mexico’s national oil company, PEMEX has awarded an offshore multi-site geophysical and geotechnical survey to start in September 2014. Fugro (Mexico) in conjunction with long-time associates, Constructora Subacuatica Diavaz, S.A. de C.V., has been awarded a large offshore multi-site high resolution
The U.S. Army Corps of Engineers, Jacksonville District, will be extending the deadline to submit comments on the revised final report for the Central Everglades Planning Project (CEPP). Public, state and agency comments will be accepted through October 3. “We’re extending the comment period to hono
Noble Energy (NBL) has executed a non-binding Letter of Intent (LOI) to supply natural gas from the Leviathan field, offshore Israel, to the National Electric Power Company Ltd. (NEPCO) of Jordan. Under terms of the LOI, Noble Energy and the Leviathan partners will supply a base gross quantity of 1.
Qatar’s oil and gas company RasGas today informed that Train 1 of its “historic” $10.3 billion Barzan Gas Project is more than 95 per cent complete and is “rapidly ramping up for first production of clean-burning natural gas in the first quarter of 2015.“ Construction work on Train 2 is also progres
Great Lakes Dredge & Dock Corporation (Great Lakes), the largest provider of dredging services in the United States and a major provider of environmental and remediation services, has won a dredging contract valued at over $30 million to widen the entrance and jetty channels of the Freeport Ship Cha
