Subsea
Chatham Rock Phosphate to Target AIM Listing
Chatham Rock Phosphate has reported that the company will target an AIM listing on the London alternative stock exchange following receipt of its Marine Consent approval, currently expected at the end of November. The company has been investigating a capital raising and listing over the past few mon
Carnegie’s CETO 6 Receives First Payment from ARENA
Wave energy developer Carnegie Wave Energy Limited has announced that it has received its first payment from the Australian Renewable Energy Agency (ARENA) for completion of the first milestone of the CETO 6 Project. Carnegie has received $50,000 for the first milestone of the CETO 6 Project, the co
Port of Hastings Wraps Up Western Port Marine Surveys
The Port of Hastings Development Authority has marked a major milestone with the successful completion of detailed site surveys of Western Port’s marine environment. These surveys included taking numerous samples from just over 100 borehole locations at various points across Western Port. The sample
Noble Energy, Woodside in Offshore Gabon EEPSC Deal
Woodside has acquired a 40% participating interest in an exploration, exploitation and production sharing contract (EEPSC) for Block F15 in the Gabon Coastal Basin. Block F15 is located 140 km off the south-western coast of Gabon and covers over 2,700 km². Water depths range from 2,300 to 3,000 m. N
Havyard Gets New VP
Havyard has announced that Gerhard Furø took up the position of Vice President technical and commercial for Havyard Design & Solutions AS. Gerhard Furø has previously been a consultant with Boatlabs AS, where, in recent years, he has been working under a contract with EMAS AMS and engaged in the ope
Fugro Reports Weak 1H Results
Fugro has disclosed information on its performance in the first half of 2014, with first half-year revenue of EUR 1,186.9 million compared to EUR 1,167.9 million in first half of 2013. Year-on-year revenue growth at constant currencies of 6.2% or 7.9% excluding multi-client. As previously announced,
Rosneft, Exxon Kick Off Kara Sea Drilling Ops
Rosneft and ExxonMobil joint venture company Karmorneftegaz has began drilling of Universitetskaya-1, the Russian Federation’s northernmost well using the West Alpha rig. The start of the drilling was launched by Russian President Vladimir Putin during a teleconference with head of Rosneft Igor Sech
PML Develops Near Surface Ocean Profiling Buoy
Plymouth Marine Laboratory has developed a new Near Surface Ocean Profiling Buoy that scientists can use to gain accurate measurements from the top few metres of the ocean. “Gas transfer across the air-sea interface is a major link in the great global chemical cycles that drive life and other proces
Prysmian Lands Greece Subsea Cabling Gig
Prysmian Group has been awarded a new contract worth approximately $127 million (95 million euro) by IPTO (Independent Power Transmission Operator), the Transmission System Operator of the Greek electricity system, for the interconnection between the island of Syros (Cyclades) and the mainland power
Apache Hits More at Phoenix South-1 Well
Carnarvon Petroleum Limited has advised that the Phoenix South-1 well has drilled to a depth of 4,540 metres Measured Depth. Drilling 40 metres below the 4,500 metres MD target was undertaken to enable logging tools to reach 4,500 metres. The Operator is currently running wireline formation evaluati
Nigeria: Seadrill Bags Drillship Contract from Exxon
Seadrill Limited, in cooperation with indigenous partner Field Offshore Design Engineering Nigeria Limited has secured a contract with Esso Exploration and Production Nigeria Limited, an ExxonMobil subsidiary, for employment of the newbuild ultra-deepwater drillship West Saturn, in support of the ER
VIDEO: RV Investigator Delivered to CSIRO (AUS)
Commonwealth Scientific and Industrial Research Organisation (CSIRO), Australia’s national science agency, has taken delivery of its new AUS$120 million research vessel RV Investigator in Singapore. This new Marine National Facility (MNF) research vessel, will soon sail for its home port of Hobart w
Top News of the Week of Aug 04 – Aug 10, 2014
1. McDermott Cuts Losses McDermott International, Inc. has reported a second quarter 2014 net loss of $11 million or $0.05 per fully diluted share, compared to a net loss of $149 million or $0.63 per diluted share in the prior-year quarter. 2. EMAS Lands USD 110 Mln in Contracts Ezra Holdings Limite
VIDEO: Shell in Seismic Survey Offshore Canada
Shell has performed a 3D WAZ seismic exploration of the Shelburne Basin, Nova Scotia, Canada. Shell’s Shelburne Basin Venture Exploration Project marks the first time 3D Wide Azimuth (WAZ) Seismic technology was used in Canada. This technology provides much clearer data in water depths of 1500 to 35