Karoon has received notification from the Agência Nacional do Petróleo that the assignment of block S‐M‐1166 to Pacific Rubiales Energy Corp has been approved and that the transfer of a 35% participating interest in the block is now complete. This follows the ANP approval for the assignment and subs
Drydocks World has announced the completion and delivery of Eagle Louisiana, the second of two Modular Capture Vessels for the U.S. The first MCV, Eagle Texas, sailed away from Drydocks World’s yard in August last year. The vessels are the world’s first MCVs. Drydocks World converted the AFRAmax tan
Frazer-Nash has started working with Marine Current Turbines to provide engineering and related technical services to help minimise fatigue loads on its next generation SeaGentidal turbine, and reduce the costs and risks associated with this renewable technology. Marine Current Turbines appointed Fr
Linde Process Plants (LPP) announced the receipt of Letter of Intent (LoI) from Gaz Metro for a lump sum turnkey Liquefied Natural Gas (LNG) Unit for an expansion project in Montreal, Canada. The LNG Unit will produce in excess of 200,000 gallons per day of LNG. The LNG Unit features Linde’s StarLNG
SeaBird Exploration’s Osprey Explorer has been awarded a contract in South America for a major oil company. The contract has an estimated duration of approximately 75 days and a value of approximately USD 9 million. Startup is expected by the middle of March. S/V Osprey Explorer joined SeaBird’s fle
Oceanflow Energy Limited, a tidal energy developer, has attracted a £300,000 package of support to further develop and commercialise its second generation tidal energy device, Evopod. Evopod is a semi-submerged, floating, tethered energy capture device that uses a mooring and power export solution t
AWE Limited reports that as at 06:00 hours (6.00am NZDT) today, the Pateke-4H development well, offshore New Zealand, had been drilled to a total measured depth of 4,110 metres and an inclination of 89 degrees. The primary objective, the Kapuni F sands, has been penetrated on prognosis by the 12 ¼”
Songa Offshore, an international offshore drilling company, has released its monthly rig fleet update for February 2014. Songa Venus achieved an operational efficiency of 100% and an earnings efficiency of 98% during the month working for Mubadala Petroleum in Malaysia. Songa Mercur achieved an oper
Liquefied Natural Gas Limited said that Magnolia LNG (MLNG), its 100% owned subsidiary, has executed a non-binding Tolling Agreement Term Sheet (Agreement), with AES Latin American Development, Ltd (AES) which is a wholly owned subsidiary of The AES Corporation Group. The Agreement is for LNG produc
The Norwegian Petroleum Directorate has granted RWE Dea Norge a drilling permit for well 35/9-11 in the Norwegian part of the North Sea. Well 35/9-11 S/A will be drilled from the Leiv Eiriksson semi submersible drilling rig, after drilling is completed on wildcat well 25/5-9 for Total E&P Norge AS i
McDermott International, Inc. announced that one of its subsidiaries has been awarded a large engineering, procurement, construction and installation (“EPCI”) project by an operator in the Arabian Gulf. The contract includes the engineering, fabrication, transportation and installation of four new o
Technip has been awarded a major subsea contract by Eni Muara Bakau B.V. (Eni) the Operator of the Muara Bakau PSC, for the Jangkrik project located in the Muara Bakau PSC working area, approximately 70 kilometers off the coast of Makassar Strait, Indonesia, at water depth ranging from 200 to 430 me
As a natural step in the process of expanded subsea services in the Oil and Gas industry, MMT has signed a long term charter contract for M/V Stril Explorer that is operated by Simon Mökster Shipping AS. MMT has during several projects in the past conducted various survey assignments from this vesse
The PSA is putting on its gloves, zipping up its jacket and gearing up for the year to come.
