Subsea
Centrica Orders Plexus’ Equipment for Southern North Sea Well
Plexus Holdings PLC has received an additional purchase order from Centrica Plc to supply surface wellhead and mudline equipment services for a gas appraisal well in the Southern North Sea. The value of the order is estimated at approximately $1.5 million with revenues expected to commence in April
Stork Scoops ‘Safety Innovations’ Award at OAA 2014
Stork, the leading global provider of knowledge-based asset integrity services for the oil and gas, chemical and power sectors, has won the ‘Safety Innovations’ accolade at the 2014 SPE Offshore Achievement Awards for its innovative Extended Reach Breathing Apparatus System (ERBAS). The Safety Innov
Carnegie to Accelerate CETO 6 with Share Purchase Plan
Carnegie Wave Energy Limited reported a capital raising via a Share Purchase Plan (SPP) to raise up to $6 million for the CETO 6 project. The SPP will allow all eligible Carnegie shareholders to purchase between $1,500 and $15,000 worth of shares in Carnegie at 5.0 cents per share. The offer price e
Indications of Presence of Oil Bearing Reservoir at Pateke-4H Encouraging
AWE Limited reports that as at 06:00 hours (6.00am NZDT), the Pateke-4H development well sidetrack was at a measured depth of 3,845m, directionally drilling ahead with a 12 ¼ inch drilling assembly. It is planned to drill this section of the well to a measured depth of approximately 4,110m, landing
BW Offshore Inks Contract Extension for Sendje Berge FPSO
BW Offshore has signed an interim agreement for a six year extension for FPSO Sendje Berge with Addax Petroleum Exploration Ltd, an affiliate of the Sinopec Group. The firm period has been extended to Q1 2018, with options until Q1 2020. The agreement secures operational continuity while awaiting fi
Nord Stream Launches DIF Online Portal
Nord Stream Shared its Environmental Database with the Scientific Community for a Better Future of the Baltic Sea using its Data and Information Fund (DIF) online portal. This portal enables Nord Stream to share its extensive knowledge and survey data with the scientific community for the further re
BREAKING: No Survivors in Flight MH370 Crash
In an emergency press conference held in Kuala Lumpur Malaysian Minister Najib Razak informed that no one survived the Flight MH370 accident. The MH370 went missing with 239 people onboard, and it has now been confirmed that it had crashed off the coast of Perth, Australia. Just before the public an
Saipem Extends ‘Normand Cutter’ CSV Contract
Saipem Ltd, an Italian oil and gas industry contractor, has declared their option to extend the contract for the construction vessel (CSV) “Normand Cutter” with 1 year from May 2014. This is the second of a total of three yearly options. Normand Cutter is a 127,5 m Deepwater subsea construction and
DNV GL Prepares Subsea Facilities Report
The PSA has commissioned a new report on technological developments, incidents and future trends relating to subsea facilities. The development of subsea technology, along with the increasing number of new entrants, and the increasing complexity of solutions for subsea installations on the NCS, has
P3 Orion Locates Two Objects in Search for MH370
The Royal Australian Air Force P3 Orion located two objects about 2500 kilometers south-west of Perth in a search mission for lost Flight MH370. Yesterday China provided a satellite image to Australia possibly showing a 22.5 meter floating object in the southern Indian Ocean. The P3 Orion crew repor
Baker Hughes Buys Weatherford’s Pipeline Business
Weatherford International Ltd. and Baker Hughes Incorporated have signed an agreement for the sale of Weatherford’s pipeline and specialty services business to a subsidiary of Baker Hughes for a total consideration of $250 million, including $241 million in cash and $9 million in retained working ca
KrisEnergy Takes Up Tanjung Aru 3D Seismic Project
KrisEnergy Ltd.’s Western Monarch seismic vessel has commenced a 500 sq km 3D seismic acquisition program in the Tanjung Aru production sharing contract offshore Kalimantan, Indonesia. The seismic program began on 24 March 2014. The Tanjung Aru PSC covers 4,191 sq km in the Makassar Strait where wat
CIRIA to Get UXO Assistance from 6 Alpha and Royal HaskoningDHV
CIRIA, the Construction Industry Research and Information Association, has signed a contract with Royal HaskoningDHV and 6 Alpha Associates to be the research contractors for a project which will develop good practice guidance on the assessment and management of unexploded ordnance (UXO) risk in the
COOEC Names MSV HAI YANG SHI YOU 289 in Shenzhen, China
China Offshore Oil Engineering Co. Ltd. (COOEC) has held a vessel naming ceremony for multipurpose subsea construction vessel HAI YANG SHI YOU 289 (HYSY289) in Shenzhen China. The vessel is of STX OSCV 11L design and classed by DNV & CCS, which is equipped with 250Te AHC crane and two 150HP/3000M RO