Statoil has been awarded interest in the COL4 licence offshore Colombia in the Caribbean Sea in the 2014 Colombia Licensing Round. Statoil will hold 33,33% in the licence. Repsol will be the operator of the licence and will hold 33,34%. ExxonMobil Exploration Colombia will hold 33,33%. The award is
Industry experts have raised concerns over the £850m Swansea Tidal Lagoon environmental effects. Natural Resources Wales (NRW) said that the project could have an impact on the conservation areas in the Bay, according to Building.co.uk. NRW and the Royal Society for the Protection of Birds (RSPB) ad
Elia, Belgium’s high-voltage transmission system operator, has been given a green light for the construction of the Belgian Offshore Grid project. According to the Company’s website, the project for a high-voltage grid in the North Sea involves cooperation with the promoters of future wind farms and
OAO NK Rosneft will conduct marine fauna monitoring in the Northern Sea Route in 2014. The studies will be organized by the Arctic Research Center, a joint venture of Rosneft and ExxonMobil. The objective of the said studies is collection of data on marine fauna in Rosneft License Areas with a view
Wave energy developer Carnegie Wave Energy Limited will be part of a $1.3m national study undertaken by Australia’s premier science agency, the CSIRO, to develop a wave energy atlas and improve the assessment of wave energy extraction on the marine environment. The Australian Government’s independen
Hyundai Heavy Industries developed Hyundai Intelligent Collision Avoidance Support System (HiCASS) for the first time in Korea to ensure safe and optimum navigation of the vessels. The system searches the optimum sea routes and prevents collisions by automatically detecting potential obstacles such
Partrac, the marine data acquisition experts, has completed the first turbulence survey for the Carbon Trust-managed Turbulence in Marine Environments (TiME) project. The survey was undertaken in the Sound of Islay and was designed by Partrac with project partners, Ocean Array Systems, ABPmer, and I
To accommodate the future needs of the rapidly growing Angola offshore oil and gas industry Fugro has opened its new facility in the SONILS Oil Service Centre in Luanda. Angola is now the second largest oil producer in Sub-Saharan Africa, after Nigeria. The official opening of the facility on 10 Jul
2H Offshore, an Acteon company, has joined an international European consortium comprising nineteen leading industry and research organisations to develop deepwater mining solutions. Over the next four years, the European Commission funded project, known as Blue Mining, is developing seabed mining p
FMC Technologies, Inc. announced that it has signed an agreement which establishes a joint industry program that includes Anadarko Petroleum Corporation, BP, ConocoPhillips and Shell for the purpose of jointly developing a new generation of standardized subsea production equipment and systems design
Hexicon Ltd has successfully completed a rights issue of 11.4 MSEK (EUR 1.23 million) to secure the development of Hexicon’s innovation for offshore wind at deep waters. The rights issue allows a faster and more robust implementation of the new strategy to develop floating platforms for offshore win
As part of President Obama’s all-of-the-above energy strategy to continue to expand safe and responsible domestic energy production, Bureau of Ocean Energy Management (BOEM) Acting Director Walter Cruickshank announced that the bureau will offer more than 21 million acres offshore Texas for oil and
Det norske oljeselskap ASA announces that the Gohta-2 appraisal well in PL492 is about to be completed. The well confirmed presence of oil and gas and two production tests were undertaken. The test of the gas zone was successful, whereas the test in the oil zone was inconclusive. The appraisal well
Ithaca Energy Inc. announces that the Tullow Oil Norge AS (“Tullow”) operated exploration well 31/10-1 on the “Lupus” prospect in licence PL507 in the Norwegian North Sea did not encounter hydrocarbons. Tullow is currently finishing drilling of exploration well 31/10-1. The well is located approxima