Noble Energy, Inc. today announced that the second appraisal well at Gunflint successfully encountered 109 feet of net pay within the primary reservoir targets. Results of drilling, wireline logs and reservoir data have confirmed an estimated gross resource range of 65 to 90 million barrels of oil e
CodaOctopus announced the release of the latest version of its unique underwater Construction Monitoring System software (CMS™) CMS™ is designed for monitoring the placement of concrete armour units in breakwater construction projects and makes full use of the unique capabilities of our real time Ec
Statoil launches its “Energy Perspectives” report describing the long-term macroeconomic and market outlook based on studies conducted by Statoil’s in-house analysis team. – Economic development continues to drive energy demand – Increase in demand expected for all energy sources – but considerable
Oil Spill Response Limited (OSRL), the global oil spill response cooperative funded by more than 130 environmentally responsible oil and energy companies, announces the opening of a new base with enhanced response capabilities at Loyang in Singapore. Oil Spill Response Limited (OSRL), the global oil
On 27 November 2011, the 34 year old Cook Islands-registered general cargo ship Swanland experienced a structural failure when heading directly into rough seas and gale force winds while on passage from Llanddulas, Wales to Cowes, Isle of Wight with a cargo of limestone. The vessel sank about 17 min
The price of Henry Hub will become significantly more volatile once U.S. LNG exports begin, and the more export capacity that is approved and built, the greater the volatility will be. This is the central theme of a new study released by PIRA Energy Group, a NYC-based energy market consulting firm.
Oceanlinx, an international company in the field of wave energy, is preparing for the development of the Port MacDonnell wave power project this week, according to the ABC news site. The project worth AUD 7 million involves building of a 20-square metre offshore concrete unit, which will have the ab
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic Margin, Norway and the UK, announces the 22nd Norwegian Licence Round award of a new licence PL716 in the Barents Sea. The Dazzler prospect contained withi
The Belize Natural History Centre at Chaa Creek has applauded a recent government decision to deny approval for a large cruise ship project in an environmentally sensitive area of Southern Belize, according to the Centre’s assistant manager Brion Young. Mr Young said that the decision sends a clear
In the 22nd licensing round on the Norwegian shelf, Det norske has been awarded four new licences in the Barents Sea, whereof two as operator. Det norske is very pleased with the award. SVP Exploration Bjørn Martinsen says that the ministry places great trust in Det norske by awarding the company tw
Halliburton announced the opening of its new Technology Center at the Federal University of Rio de Janeiro (UFRJ) Technology Park, located at Ilha do Fundão, Rio de Janeiro, Brazil. The center provides the setting for collaboration as the Company works with the country’s leading universities and cus
Business and Energy Minister, Michael Fallon has announced the creation of an Offshore Wind Investment Organisation (OWIO) to boost levels of inward investment and to further stimulate jobs in the UK offshore wind industry, alongside Government support for three offshore wind innovation projects. En
Scottish Government will boost its incentives for innovative offshore wind technology through Renewable Obligation Certificates. Next generation, cutting-edge offshore wind turbine projects will receive 2.5 tradable Renewable Obligation Certificates (ROCs), whilst those test projects that aim to dev
Scottish Government will boost its incentives for innovative offshore wind technology through Renewable Obligation Certificates. Next generation, cutting-edge offshore wind turbine projects will receive 2.5 tradable Renewable Obligation Certificates (ROCs), whilst those test projects that aim to dev
