Subsea
COSL Gets New 12-Streamer Seismic Vessel
COSL announced recently that its newly-built 12-streamer seismic vessel “Hai Yang Shi You 721” has been successfully delivered in Shanghai. The vessel will be put into operation after completion of tests for its geophysics equipment. Hai Yang Shi You 721, the second major seismic vessel invested by
JDR Bags Cabling for Nordsee 1 OWF
JDR has signed a contract with Siem Offshore Contractors GmbH for the Nordsee One offshore wind farm as currently being developed by RWE Innogy GmbH and forming part of Germany’s largest offshore wind farm cluster. JDR will provide over 70 kilometres of aluminium core inter-array cable, cable access
Venari Raises $1.3 Bln for Deepwater Exploration (GoM)
Venari Resources LLC, a deepwater oil exploration and production company in the Gulf of Mexico, has announced that it has raised an additional $1.3 billion of equity commitments. Venari’s management and existing private equity and investment firms Warburg Pincus, Kelso & Company, Temasek and The Jor
Norfolk Marine Sets Up Lowestoft Ops Base
Norfolk Marine Ltd has opened a new Operations Base in the Port of Lowestoft, the new facility comprises an Office Complex adjacent to Storage and Workshop buildings with an open yard of 2500m2 and 96m of Quay Front. The company’s vessels have operated from the Port for the past three years and as L
Roxtec Records Sales Rise
Greater Manchester-based Roxtec is reporting a 45 per cent growth from its UK operation with sales hitting £5m, representing a four-fold increase in sales over the past eight years. The UK subsidiary of a Swedish based firm, said recent work on North Sea platforms, petrochemicals, renewable energy a
First ‘Oil Woman of the Year’ Now Faroe Petroleum Non-Exec
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the Atlantic margin and the North Sea, has announced the appointment of Jorunn Saetre as an Independent Non-Executive Director. Jorunn is Norwegian and a chemic
Stonehenge to Buy into New Wave Energy Tech
Stonehenge Metals Limited has entered into a binding option agreement with Protean Energy (PEL) to acquire 100% of PEL’s wholly owned subsidiary, Protean Energy Australia Pty Ltd (PEA). PEA holds the intellectual property titles, rights and licenses to the Protean Wave Energy Converter Technology. T
BPTT’s Juniper Project to Kick Off in 4Q
BP Trinidad and Tobago LLC has announced the sanction of its Juniper offshore gas project. The project will feature the construction of a normally unmanned platform together with corresponding subsea infrastructure, a first for BP Trinidad and Tobago. Fabrication is proposed to begin in 4th quarter,
USACE Galveston District Awards Hydrographic Sweep System Contract
The U.S. Army Corps of Engineers Galveston District awarded a contract in the amount of $242,755.16 to Ross Labs LLC., for a multi-channel hydrographic sweep system for hydrographic surveying for the Rio Grande Valley Resident Office, Port Isabel, Texas. “This contract will retrofit one of our surve
Aker Solutions, DNV GL in Technology Co-op Agreement
Aker Solutions has awarded DNV GL a global frame agreement to pave the way for better technology collaboration, more efficient project execution and considerable cost savings. The frame agreement covers the following business segments: Subsea, Umbilicals, Engineering and Maintenance, Modifications a
Statoil to Drill with Transocean Spitsbergen in Barents Sea
Statoil has received consent for exploration drilling using the Transocean Spitsbergen semi-submersible drilling rig to drill well 7319/12-1 Pingvin in production licence 713, in the Barents Sea. The well is in the Barents Sea, around 296 km from Hammerfest. Water depth at the site is approx. 422 me
Bilfinger Lands $133 Mln Sandbank Foundation Job
The engineering and services group Bilfinger has won an order for the installation of a total of 72 foundations for the new Sandbank Offshore Windpark. Sandbank is a joint partnership of Vattenfall (51 percent) and the city of Munich’s public utility company (49 percent). The foundation elements wil
ADX Energy Gets Exploration Permit Extension off Tunisia
ADX Energy Ltd has announced that the Tunisian Authorities (Comité Consultatif des Hydrocarbures) have approved a 2 year extension of the Exploration period for the Kerkouane permit offshore Tunisia for two years to 21 February 2016. The ADX operated contiguous Sicily Channel blocks Kerkouane (Tunis
‘Sanco Sword’ in 3D Shoot Off Ireland for Providence
Providence Resources P.l.c., the Irish oil and gas exploration and appraisal company, has announced that 3D seismic surveying operations have started on Frontier Exploration Licence (FEL) 1/14 (‘Spanish Point South’) in the northern Porcupine Basin, offshore west of Ireland. The water depth across t