Pancontinental Oil & Gas NL has advised that the Government of Kenya has granted a 12-month extension to the current Initial Exploration Period of the L10B offshore licence. Following the current Period (as extended), the joint venture can then elect to move into the First Additional Exploration Per
Donald Trump arrived in Aberdeen yesterday and once again vowed to fight European Offshore Wind Deployment Centre (EOWDC) in Aberdeen Bay, the STV news site writes. Mr. Trump has been leading a battle against the EOWDC for years, saying that it would ruin the view from his golf course at Menie. He s
With a projected £40.6bn spend over the next 25 years in the UKCS alone, and a significant potential for jobs to be sustained or created, decommissioning is understandably high on the agenda across the oil and gas industry. The scale of these figures indicates that it is essential for cross-sector u
Chatham Rock Phosphate submitted its formal marine consent application to the Environmental Protection Authority. Should it be accepted as complete, the six-month formal process is expected to lead to a decision in November. The application, representing four years’ work and $25 million in investmen
NYC-based PIRA Energy Group reports that Taiwan joins the nuclear debate. In the U.S., larger-than-expected storage builds continue. In Europe, potentially bullish future creates a bearish present. Specifically, PIRA’s analysis of natural gas market fundamentals has revealed the following: Recent de
The shale gas boom in North America has triggered a massive build-up of liquefied natural gas (LNG) infrastructure, with companies investing a whopping $120 billion in a bid to capture a slice of the lucrative global market, according to Lux Research. The shale gas revolution had meant dirt cheap ga
In times when the oil and gas industry must live with lower profits and higher costs, cooperation is key to success. Directing much of its efforts towards the Norwegian continental shelf (NCS), Statoil needs the support of their cooperation partners. “The investment level on the NCS reached an all-t
Total E&P Nederland last month celebrated 50 years of operations on the Dutch continental shelf. As part of the celebration ceremony, Total welcomed journalists and other guests to its Central Control Room in the Hague. The Central Control Room is the place from which the company monitors its offsho
Award-winning subsea training and trials facility, The Underwater Centre, expanded its international reach when it welcomed a team of Finnish coastguards and commercial divers recently. The group of 10 included four commercial divers as well as six members of the coastguard. They are now fully train
International energy consultancy Xodus Group and Dutch innovation company TNO will co-ordinate a Joint Industry Programme (JIP) with key industry players BP, Shell, Statoil, Total, Lundin, FMC Technologies and Aker Solutions, to carry out pioneering research into the role of multiphase flow induced
Preparations for the 7th Offshore Energy Exhibition & Conference are well underway. On 28 & 29 October 2014 Amsterdam will again be the place to meet the international offshore community. With visitors from over 60 different countries and a proven track record of steady growth since its foundation i
The Gemini offshore wind project shareholders, headed by Canada’s Northland Power Inc., announced that they have reached agreement with the banks on the project’s financing. The financial close will contribute EUR 2.3 billion to the overall construction costs of EUR 2.8 billion. Van Oord has a 10% e
HYPACK, Inc., a hydrographic surveying software company, released its new REAL TIME POINT CLOUD. This release is an upgrade to the HYPACK®2014 release. The new program runs in conjunction with HYSWEEP® SURVEY and displays both multibeam and topographic laser data in a corrected and geo-referenced co
Viper Subsea has attracted major operator Shell to join BP and Total in a Joint Industry Project to develop its Subsea Line Integrity Monitoring (V-SLIM) unit which is used to identify and locate faults in remote subsea electrical distribution systems. The addition of another major operator as a spo
