Sterling Resources Ltd. is providing current resources estimates for its properties offshore Romania. The current estimates have been prepared by Sterling’s independent reserves evaluator RPS Energy and comprise individual and aggregated resources estimates for the fields and prospects in Block 13 P
Ocean Power Technologies, Inc. (“OPT” or “the Company”), a leading wave energy technology company, today announced that the Company has received a ¥70 million (approximately US $900,000) contract from Mitsui Engineering & Shipbuilding (“MES”) for further work towards development of the Company’s Pow
Adira Energy Ltd. announced that it has received an independent resource report including a best estimate in aggregate of 65.8 million barrels (“MMbbl”) of oil and 65.8 billion cubic feet (“BCF”) of gas in four structures on the Company’s Samuel License located offshore Israel. The Report was prepar
IKM Subsea Singapore has been awarded a contract by Larsen & Toubro for ROV services onboard the LTS3000 for their project in Myanmar. Equipment would be mobilized in mid-October and the project is anticipated to run through till end January 2013 for pipeline and jacket installation. They would like
Leading international oilfield services company Expro is celebrating two significant contract wins with Murphy Exploration and Production and BP Americas Inc in the US offshore region. The Murphy award is for a three-year campaign offshore Gulf of Mexico, while the BP win will see Expro working on a
Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, announced preliminary results of drilling operations from well 211/21-N94 (the “Contender Well”) in UK Northern North Sea Block 211/22a Contender Area (the “Contender Block”, Antrim interest 8.4
Elia is looking for a contractor to undertake offshore certification services in various offshore fields related to grid development. This 5 year agreement includes all given certification tasks in the Belgian Offshore Grid,compliant with Belgian and European laws and regulations. Certification can
Sterling Resources Ltd. announces that it has signed a sale and purchase agreement with ExxonMobil Exploration and Production Romania (“EMEPR”) and OMV Petrom for the sale of its 65 percent interest in a portion of the Block 15 Midia in the Romanian Black Sea (the “Sale Portion”). The Sale Portion i
Pemex Exploration and Production has awarded Dragados Offshore with the contract for the project “Compresión Alta Litoral A” (CA-LITORAL-A), to be installed in the Campeche region of the Gulf of Mexico. The scope of work of the contract includes Engineering, Procurement, Construction, Load-out, Seaf
Salamander Energy plc announces the start of its exploration campaign in the Greater Bualuang area, offshore Gulf of Thailand. The B8/38-8 (NW-1) well is testing one of a number of fault terraces to the north west of the Bualuang oil field. Resource potential of 10 – 15 MMbo has been identified in a
Statoil ASA has signed an agreement to exit the Brage licences, farm down in Gjøa and Vega and acquire a 15 % stake in the Edvard Grieg licence near the Johan Sverdrup field in the North Sea. This transaction with the German oil and gas company Wintershall gives Statoil net proceeds of USD 1.45 bill
Saipem has been awarded new E&C Offshore contracts worth $1.1 billion in Brazil, Angola and the Caspian Sea. In Brazil, Saipem has signed an EPIC contract with Petrobras for the projects Sapinhoá Norte and Cernambi Sul, within the development of the Pre-Salt Risers in the Santos Basin, approximately
Saipem has been awarded new E&C Offshore contracts worth $1.1 billion in Brazil, Angola and the Caspian Sea. In Brazil, Saipem has signed an EPIC contract with Petrobras for the projects Sapinhoá Norte and Cernambi Sul, within the development of the Pre-Salt Risers in the Santos Basin, approximately
DC Netz BorWin4 GmbH announces the need for supply of subsea cable services for the offshore wind project in Germany. The project comprises of manufacturing, supply and laying of an AC cable system for connecting offshore wind farms, as well as production, delivery and installation of compensation c
