Stonehenge Metals Limited has entered into a binding option agreement with Protean Energy (PEL) to acquire 100% of PEL’s wholly owned subsidiary, Protean Energy Australia Pty Ltd (PEA). PEA holds the intellectual property titles, rights and licenses to the Protean Wave Energy Converter Technology. T
Fastnet has entered into an amended exclusive option agreement with PSE Kinsale Energy Limited, a wholly owned subsidiary of PETRONAS, in relation to the “Deep Kinsale Prospect” in Ireland. The Deep Kinsale Prospect extends from 4,000 feet subsea below the producing Kinsale Head gas field and is def
Aker Solutions has awarded DNV GL a global frame agreement to pave the way for better technology collaboration, more efficient project execution and considerable cost savings. The frame agreement covers the following business segments: Subsea, Umbilicals, Engineering and Maintenance, Modifications a
The engineering and services group Bilfinger has won an order for the installation of a total of 72 foundations for the new Sandbank Offshore Windpark. Sandbank is a joint partnership of Vattenfall (51 percent) and the city of Munich’s public utility company (49 percent). The foundation elements wil
ADX Energy Ltd has announced that the Tunisian Authorities (Comité Consultatif des Hydrocarbures) have approved a 2 year extension of the Exploration period for the Kerkouane permit offshore Tunisia for two years to 21 February 2016. The ADX operated contiguous Sicily Channel blocks Kerkouane (Tunis
ADX Energy Ltd has informed that the Tunisian Authorities have approved a 2 year extension of the Exploration period for the Kerkouane permit offshore Tunisia for two years to 21 February 2016. The company has said that its adjoining Sicily Channel blocks Kerkouane (Tunisia) and Pantelleria (Italy)
Providence Resources P.l.c., the Irish oil and gas exploration and appraisal company, has announced that 3D seismic surveying operations have started on Frontier Exploration Licence (FEL) 1/14 (‘Spanish Point South’) in the northern Porcupine Basin, offshore west of Ireland. The water depth across t
Fastnet, the UK and Irish listed E&P company focussed on near-term exploration and appraisal acreage in Morocco and the Celtic Sea, has announced that it has entered into an amended exclusive option agreement with PSE Kinsale Energy Limited, a wholly owned subsidiary of PETRONAS, in relation to the
North Energy ASA and Noreco Norway AS have entered into an agreement on swapping interests in production licences. These transactions mean that North Energy acquires 15 per cent of PL 484 in the Norwegian Sea and transfers a 10 per cent holding in PL 616 in the North Sea to Noreco. PL 484 contains s
Providence Resources P.l.c., ( the Irish oil and gas exploration and appraisal company has announced that 3D seismic surveying operations have begun on Frontier Exploration Licence (FEL) 1/14 (‘Spanish Point South’) in the northern Porcupine Basin, offshore west of Ireland. The water depth across th
Dolphin has been awarded a contract extension of approximately 50 days on an ongoing 3D seismic project in South America. Andy Phipps, President Dolphin Western Hemisphere, commented: “We are very pleased that, our good performance in South America this year is providing us with additional opportuni
Zenith Energy, an Aberdeen-based well company, has agreed a three-year non-exclusive deal with London based, Tullow Oil. Zenith Energy will provide a variety of well engineering services for Tullow Oil on an ad-hoc basis. Tullow Oil has over 140 exploration and production licences across 24 countrie
2H Offshore, an Acteon company, has been appointed by Heerema Marine Contractors (HMC) to engineer hybrid risers for Total’s Kaombo Block 32 project. HMC, together with consortium partner Technip, were awarded the contract for the EPCI and pre-commissioning of the SURF scope for the Kaombo developme
Marin Teknikk has entered into an agreement with the Chinese company Cosco (Dalian) Shipyards Co. Ltd. (CS) about delivery of Design and Engineering for four large Multi-functional Subsea Support vessels plus options for an additional pair of vessels. Ten months ago, Marin Teknikk entered an agreeme
