Subsea
UH Mānoa Receives $40 Mln Donation from Simons Foundation
For decades now, the University of Hawaii at Mānoa has been at the forefront of microbial oceanography, the study of microscopic organisms, or microorganisms, in the sea. Because of the cutting edge research done at the university’s School of Ocean and Earth Science and Technology and C-MORE, the Ce
UK: Serica Buys BP’s Stake in Erskine Gas Field
Serica Energy plc has agreed to acquire an 18% interest in UK blocks 23/26a (Area B) and 23/26b (Area B) containing the Erskine Field, located in the UK Central North Sea, from BP plc for US$11.1 million in cash plus 27 million new Ordinary Shares in the Company subject to certain working capital ad
Scotland’s FM Presents Package of Powers for Island Communities
Scotland’s island communities will have greater control over their local economies, natural environment and be represented at the heart of government in an independent Scotland, First Minister Alex Salmond said. Launching the island prospectus, Empowering Scotland’s Island Communities, in Kirkwall,
Premier Sells Stake in PL359 to Lundin, Norway
Premier has sold its 30 per cent equity stake in licence PL359 to Lundin Norway AS for a total after tax consideration of $17.5 million, subject to Norwegian government approval. The transaction will result in a profit of approximately $10 million net to Premier. Licence PL359, located offshore Norw
Mooreast Asia Delivers Anchors to Offshore Sarawak
This June has been a bustling month for Mooreast Asia Pte Ltd, Singapore based mooring equipment provider. After successfully delivering 12 units of High Holding Capacity Embedment Anchors under Mooreast MA5P brand to Offshore Sarawak, Malaysia last month, another 8 units of 12 ton Mooreast MA5P anc
Pancontinental Confirms Oil in Sunbird-1 (Kenya)
Pancontinental Oil and Gas NL has advised that, after lengthy analysis, it has been verified that the recently completed Sunbird-1 well off the southern Kenyan coast has intersected an oil column the first ever oil discovered off the East African coast. The gross oil column is assessed to be 14m thi
Noble Acquires Interest in 17 Exploration Leases in GoM
Noble Energy, Inc. announced that it has reached an agreement with BP Exploration & Production Inc. to acquire 50 percent of BP’s interest in 17 deepwater exploration leases in the Gulf of Mexico. Each of the leases resides in the Atwater Valley protraction area, with Noble Energy acquiring a 50 per
Ithaca Looks Forward to Stella B-1 Test Results
Ithaca Energy Inc. has provided an operations update ahead of 2014 Annual and Special Shareholders Meeting. Stella Development Drilling Update The third development well on the Stella field, well 30/06a-B1X (B1), has been successfully drilled to a total measured depth subsea of 16,185 feet. A 2,147
EMGS Awarded 3D EM Data Acquisition Contract in Norwegian Sea
Electromagnetic Geoservices ASA (EMGS) has received a signed contract from a customer worth USD 2.3 million (NOK 13.5 million) for 3D EM data acquisition in the Norwegian Sea. The survey is expected to commence in June, using the vessel BOA Thalassa. In addition, EMGS has signed two data licensing a
AWE: Well Control Equipment Installation at Oi-2
AWE Limited, as Operator of Petroleum Mining Permit 38158 offshore Taranaki, New Zealand, reports that the Oi-2 exploration well has drilled a 17 1/2 inch hole to the planned section target depth of 550 metres and that installation of the 13 3/8 inch casing has been completed. As at 06:00 hours (6.0
BG Group Sells CATS Gas Pipeline Stake to Antin IP for $954 Mln
BG Group announced it had agreed the sale of its equity interest in the Central Area Transmission System (CATS) gas pipeline in the UK North Sea and associated infrastructure to Antin Infrastructure Partners for total proceeds up to £562 million, or approximately $954 million at current exchange rat
Unique Maritime’s CEO Wins IMC Golden Helm Award
Unique Maritime Group’s CEO, Himanshu (Harry) Gandhi has been recognized with the International Golden Helm Awards 2014 held at Emirates International Maritime Academy (EIMA), Dubai. The award ceremony was organised by the IMC (International Maritime Club). Harry Gandhi won an award in the category
TGS: Polarcus Naila Begins Brendan Basin 3D Survey
TGS, a geophysical company that provides multi-client geoscience data to oil and gas exploration and production companies worldwide, has started the acquisition of a new 3D multi-client survey in the West of Shetland region. The survey will cover 2,500km(2) and will tie into TGS’ existing 3D library
J2 Subsea Adds WeSubsea Products to Its Portfolio
J2 Subsea, an Acteon company, has agreed to represent WeSubsea products in the UK and overseas. WeSubsea manufactures a range of engineered remotely operated vehicle (ROV) dredge pumps (dredgers), which are designed to move sediment on the seabed for a range of subsea applications. J2 Subsea will al