Mermaid Maritime Public Company Limited announced that a new joint-venture company formed between Mermaid and a local offshore services operator has secured a significant long term offshore inspection, repair and maintenance services contract with a reputable client whereby Mermaid will provide a su
AG&P said that it has won a US$152M contract to modularize 26 local electrical rooms (LER) and local instrumentation rooms (LIR) that will provide the electrical backbone of the Ichthys Project. Ichthys is owned by Inpex and Total, which in turn contracted JKC, a consortium of three global EPC compa
Aberdeen-based subsea installation contractor Bibby Offshore has announced investment of around £11million in Remotely Operated Vehicle (ROV) systems for its latest division, Bibby Remote Intervention Limited (BRIL). Initial investment of close to £4million has been made in ROV systems for Bibby Off
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that it has provisionally been awarded seven new exploration licences on the UK Continental Shelf in the UK’s 2
Hydrasun, a leading specialist provider of integrated fluid transfer, power and control solutions to the global energy market, has secured contracts in Angola, the Gulf of Mexico and in Azerbaijan, with major oil and gas operator BP. The combined value of the three contracts is anticipated to run to
Forum Energy Technologies, Inc. to announced the signing of a contract with Global Marine Systems Limited, Ltd. (Global Marine). Under the contract, Forum will supply a PerryTM XT 600 Trenching System, complete with Launch & Recovery System and special tooling. The trencher provides three meter ROV
Statoil has been awarded shares in 7 exploration licences on the United Kingdom Continental Shelf (UKCS). The company is operator for 2 of these, and expects this number to increase when the blocks pending environmental assessment are awarded. The licences which were awarded by the UK authorities ar
Norwegian-based specialist subsea service company DOF Subsea Norway AS has secured a contract with Kystverket regarding survey of the wreckage and surrounding seabed of U-864. The first stage of the contract starts in December 2012 and comprises survey of mercury pollution in the wreckage area. The
Chariot Oil & Gas Limited, the independent Africa focused oil and gas exploration company, announces that its wholly owned subsidiary, Chariot Oil & Gas Investments (Morocco) Ltd., has entered into a petroleum agreement (the “Agreement”) with the Government of the Kingdom of Morocco (“Morocco”) for
The government has approved a Talisman project that will extend the life of North Sea oil fields and unleash millions of pounds of extra investment for the UK economy. The £1.6 billion MonArb Area Redevelopment Project will mean the production of a further 100 million barrels of oil equivalent from
The South Pars Gas Field in southern Iran has 19 billion barrels of gas condensate reserves and 14.2 trillion cubic meters of in-place gas reserves, a senior Iranian oil official said, stressing that South Pars project is very important for Iran’s oil and gas industries. “The economic potentials of
Chevron Corporation announced further drilling success by its Australian subsidiary in the Greater Gorgon Area, located in the Carnarvon Basin, a premier hydrocarbon basin. The Satyr-4 exploration discovery well confirmed approximately 220 feet (67 meters) of net gas pay. The well is located in the
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, announces that the Scotia exploration well FI 31/12-01 was spudded on 25 September 2012. The well is located 315 km east – northeast of Stanley, Falkland Islands and 114 km
Electromagnetic Geoservices ASA (EMGS) has in response to industry demand expanded the previously announced multi-client basalt mapping project in the West of Shetland area to the Vøring Basin in the Norwegian Sea. The vessel Atlantic Guardian will therefore continue to acquire controlled-source ele
