Subsea
DOF Subsea Charters ROSS Candies for Ongoing Operations in GoM
DOF Subsea has entered into an agreement with Otto Candies for the charter of the Jones Act compliant vessel ROSS Candies for a firm period of one year. The charter period started mid-March 2014, with the intent to utilize the vessel to support operations for existing North American clients in the G
GoM Oil and Gas Lease Sale Attracts $872 Mln in High Bids on 329 Tracts
Secretary of the Interior Sally Jewell announced that oil and gas lease sales for federal waters in the Gulf of Mexico garnered $872,143,771 million in high bids on 329 tracts covering 1,707,358 acres. “These lease sales underscore the President’s commitment to create jobs and home-grown energy thro
Shah Deniz Stage 2 Development Contracts Awarded
The Shah Deniz and South Caucasus Pipeline consortia are moving forward at pace with the awards of key contracts for the development of the Shah Deniz Stage 2 and South Caucasus Pipeline Expansion (SCPX) projects. The contracts, covering both project management services and construction, follow the
Ophir Plans Extensive Exploration Programme
Ophir Energy Plc announced preliminary results for the year ended 31 December 2013 and its future outlook. Full Year Results Highlights: Announced the divestment of a 20% interest in Blocks 1, 3 and 4 Tanzania to Pavilion Energy for US$1.288 billion. This transaction is now unconditional with all co
OneSubsea Ships 100th Subsea Tree from Malaysian Facility
OneSubsea has shipped its 100th subsea tree from its manufacturing facility at Port of Tanjung Pelepas in Johor, Malaysia. The state-of-the-art facility has been operating since 2007 providing subsea wellhead systems, valves and trees across the globe. The first subsea tree manufactured at the Johor
KONGSBERG Celebrates Its 200th Year of Existence
Established on 20th March 1814, the Kongsberg Group (KOG), a leading Norwegian technology company celebrates 200 years in business today. The company can boast the longest industrial history in Norway, with continuous operations since its foundation. As part of the Kongsberg Group (KOG), Kongsberg M
Focal Marine & Offshore Gets DP-3 OCV Design Contract
Focal Marine & Offshore has received a Design contract for DP-3 OCV (Offshore Construction Vessel). The FOCAL 530 design is with LOA of 115m, diesel electric DP-3 propulsion, two offshore cranes, one walk-to-work AHC gangway, and accommodation for 300 person. The design is with SRtP (Safe Return to
Gazprom Neft Joins Arctic Oil Spill Response Technology JIP
Gazprom Neft has become the first Russian company to join the Arctic Oil Spill Response Technology Joint Industry Programme (JIP) run by the world’s largest oil and gas companies. The four-year JIP was launched in December 2012 to carry out research in several areas, including studying the fate of d
Baker Hughes and TMK to Colaborate on Integrated Well Completion Solutions
Baker Hughes Incorporated and TMK, have signed a letter of intent to jointly develop integrated well completion solutions. Targeted at both onshore and offshore fields, the solutions will provide turnkey well completions based on the technical and manufacturing capabilities of both companies. These
GEOMAR Scientists Use Corals to Track Warming and Cooling of Agulhas Current
The University of Western Australia with contribution by Professor Christian Dullo from GEOMAR Helmholtz Centre for Ocean Research Kiel has revealed a new study on natural variations in the warming and cooling cycles of the globally important Agulhas ocean current core region revealed from Madagasca
Otto Marine Secures Charter Contracts for Go Explorer
Otto Marine Limited announced that the Group has won charter contracts for its Multiple Purposes offshore Supply Vessel (“MPSV”), Go Explorer, for a total of US$21.0 million. Go Explorer will initially be deployed to work in Vietnam. After which it will be deployed to Australia to work on a major of
Unique Wellube Expands Service with Mactech’s Diamond Wire Saws
Unique Wellube FZC, a Unique Maritime Group company is now offering Diamond Wire Saws from Mactech. The wire saws are mainly used for subsea and topside multi-string casing and structure cutting. Some of its features are enlisted below: Rigid frame makes repeatability and back-cutting easier and mor
Statoil Finds Gas Near Visund Field
Statoil Petroleum AS, operator of production licence 120, has concluded the drilling of wildcat well 34/8-17 S. The well was drilled on the northeast flank of the Visund field, in the northern part of the North Sea. The well’s primary exploration target was to prove petroleum on the east flank of th
CNOOC Discovers Gas in Qiongdongnan Basin
CNOOC Limited has recently made a new mid-sized gas discovery Lingshui17-2, which indicated the first breakthrough on the independent deepwater exploration in Qiongdongnan Basin of South China Sea. Lingshui17-2 is located in the east Lingshui Sag in deepwater area of Qiongdongnan Basin, with the ave