The Trans Adriatic Pipeline AG (TAP) announced that BP, SOCAR and Total – members of the international consortium developing the giant Shah Deniz field in Azerbaijan – have exercised their option to join the Trans Adriatic Pipeline AG. BP and SOCAR have each taken a 20% share while Total has acquire
Huawei Marine Networks Co, Ltd. (Huawei Marine) has announced the successful completion of the Boracay and Palawan Submarine Cable System (BPSCS) in the Philippines. The domestic system, with a total length of over 330km consists of two segments; one linking Boracay and Caticlan, the other linking T
Dolphin Geophysical (“Dolphin”) announces that it has reached exclusive agreement to purchase Quantum GeoServices (Asia Pacific) Pte Ltd (“Quantum”). The agreement is subject to due diligence and is expected to be completed in early August. Based in Singapore, Quantum provides seismic data processin
Superior Energy Services, Inc. announced net income of $68.6 million, or $0.43 per diluted share, on revenue of $1,159.7 million for the second quarter of 2013. These results compare with the second quarter of 2012 net income from continuing operations of $142.8 million, or $0.90 per diluted share,
MARIN will install its newest simulator in its Houston office in October. For many years, Houston has been assisting in offshore engineering studies but now, with the arrival of the simulator, services will start to bridge the gap between engineering and operations. The real-time simulator will have
BSEE Senior Marine Archaeologist Chris Horrell is helping a national team of scientists study Shipwreck Site 15577 in the Gulf of Mexico. Chris checked in with the latest information: Q1. How many days have you been on the ship and when is the expedition over? A1. I have been on the E/V Nautilus sin
Speed was critical when Statoil wanted to use the West Elara jackup rig to install a high-pressure drilling riser for two wells in 132m of water at a Gullfaks satellite field, Norway. The riser had to be ready for installation in eight months to meet the rig’s operational schedule. Claxton Engineeri
Offshore Installation Services Ltd (OIS), an Acteon company, has launched a new service designed to help operators fulfill their suspended well decommissioning plans. Wellintel is a well data collection and review service that gathers and prepares the information operators require before they start
As part of the its Subsea Services Activity in Asia, BOURBON is currently operating locally 3 MPSVs devoted to Inspection, Maintenance and Repair (IMR) operations: the Southern Ocean in Eastern Russia, the Bourbon Supporter in Thailand, and the Bourbon Evolution 803 in Malaysia. These latest-generat
The Bureau of Ocean Energy Management (BOEM) announced final details for the Western Gulf of Mexico Lease Sale 233. The sale will take place on August 28 and will cover roughly 20.7 million acres offshore Texas for oil and gas exploration and development. The bureau estimates the proposed lease sale
As part of plans to make the Isle of Man energy self-sufficient, the Manx government delegates will be visiting the Isle of Wight. In its Ecoisland Partnership launched in 2008, the Isle of Wight includes plans to harness tidal and geothermal power, BBC reports. The Island of Man is planning to deve
Earthquakes may play a larger role in triggering the release of greenhouse gases, like for instance methane, than previously believed. In a study, which was published online in Nature Geoscience on July 28th, an international team of scientists investigated the aftermath of a magnitude 8.1 earthquak
Ophir Energy plc announces the successful results of the Mkizi-1 well in Block 1, Tanzania which has resulted in a new gas discovery. Ophir holds 40% of Blocks 1, 3 and 4. BG Group operates with 60%. Successful Mkizi-1 well The Mkizi-1 well was drilled by the Deepsea Metro I drillship and was locate
Circle Oil Plc, the international oil and gas exploration, development and production company, announces the following update regarding its operations in Tunisia. Circle Oil Tunisia Limited ( “Circle Tunisia”), a wholly owned subsidiary of the Company, has reached agreement with Tethys Oil and Minin
