Subsea
Carnegie and Atlantis Resources Sign Collaboration Agreement
Wave energy technology developer, Carnegie Wave Energy Limited, and UK based tidal developer, Atlantis Resources Corporation Limited have announced the signing of a Collaboration Agreement in London. The agreement outlines a range of areas that the companies will collaborate on including technology
MacGregor to Supply SWL Subsea Crane for COSL’s New AHTS
MacGregor, part of Cargotec, has secured an order from Wuchang Shipbuilding Industry for a 100-tonne SWL active heave-compensated subsea crane. The MacGregor crane will be installed on the anchor handling tug supply (AHTS) vessel, currently under construction for the offshore specialist, China Oilfi
BP Begins Production from Na Kika Phase 3 in Gulf of Mexico
BP announced the start-up of Na Kika Phase 3, a project supporting BP’s strategy of growing high-margin production at four BP-operated hubs in the deepwater Gulf of Mexico. The first Na Kika Phase 3 well began oil production on February 19, with a second well expected to start up in the second quart
Kongsberg Maritime Delivers Its 50th HAIN Reference System to Ocean Rig
Kongsberg Maritime has delivered its 50th HAIN (Hydro Acoustic aided Inertial Navigation) Reference System, to long-time HAIN user, Ocean Rig. HAIN significantly improves reference data accuracy and update rate sent to Dynamic Positioning (DP) systems to support safer, more reliable and efficient of
Fortum to Test Wave Power Solutions (UK)
Fortum has signed a leasing agreement with the UK-based Wave Hub in order to test wave power solutions off the coast of Cornwall. The agreement provides Fortum with a new opportunity to rapidly deploy advanced, full-scale wave power converters in ocean conditions. Fortum believes that a transition t
PHOTO: SHI Delivers Maersk Viking Drillship to Maersk Drilling
Maersk Drilling has taken delivery of its first ultra deepwater drillship, Maersk Viking, from the Samsung Heavy Industries shipyard in Geoje-Si, South Korea. Maersk Viking has started its voyage to the US Gulf of Mexico where it will commence a three year contract with ExxonMobil. Maersk Viking is
CAMAC Energy Finalizes Acquisition of Allied
CAMAC Energy Inc. closed the acquisition of the remaining economic interests that it did not already own in the production sharing contract covering Oil Mining Leases 120 and 121 (“OMLs”) offshore Nigeria, which include the currently producing Oyo Field, from Allied Energy Plc (“Allied”). CAMAC Ener
FaBTest Experiences Largest Waves Recorded Since 2012
The award-winning, pre-consented, 2.8km2 marine renewable energy test site, FaBTest, located within Falmouth Bay, Cornwall, has experienced the largest waves since recording begun in 2012. During January and February 2014 alone, the wave buoy maintained by the University of Exeter regularly measured
CSIR-NIO to Collect Geophysical Data in Krishna-Godavari Basin for ONGC
The National Institute of Oceanography (NIO), a constituent laboratory of the Council of Scientific and Industrial Research (CSIR), has been awarded a Rs.17.94 crore project by the Oil and Natural Gas Corporation (ONGC), India’s largest public sector petroleum company, to collect geophysical data fr
Adriatic Oil Abandons Seaward PL (UK)
Adriatic Oil Plc, an international oil and gas exploration company, has decided to relinquish Seaward Production Licence P1921 containing Blocks 12/18 and 12/19c in the Inner Moray Firth, UK North Sea, following an evaluation. The Evaluation, which was fully funded by Adriatic, included re-processin
BSEE Completes Unannounced Oil Spill Response Exercise
The Bureau of Safety and Environmental Enforcement (BSEE) completed an unannounced oil spill response exercise involving Freeport McMoRan Oil & Gas. The exercise occurred in BSEE’s Gulf of Mexico Region and included the deployment of response equipment under contract to Freeport-McMoRan. The purpose
Otto Energy Appoints Matthew Allen as New CEO
Otto Energy Ltd appoints Mr Matthew Allen to the position of Chief Executive Officer (CEO) effective immediately, following the mutually agreed resignation of Mr Gregor McNab due to personal reasons. Since joining Otto as Chief Financial Officer in November 2009, Matthew has played an integral role
Global Industries Extends Contract for CSV ‘Normand Commander’
Global Industries Offshore L.L.C, a company owned by Technip, has exercised their option to extend the contract for the construction vessel “Normand Commander” with one year from June 2014. Technip has option to extend the contract with further 1 year option after expiry of the firm contract. “Norma
Saipem Nets $520 Mln Worth E&C Offshore Contracts in Indonesia and Congo
Saipem has won new Engineering & Construction offshore contracts in Indonesia and in the Republic of Congo, for a total amount of approximately $520 million. In Indonesia, Eni has awarded a consortium led by Saipem the EPCI contract for a new built barge Floating Production Unit (FPU) for the Jangkr