BSEE confirmed that Energy Resource Technology, LLC (ERT) has stopped the flow of natural gas from well #2 at Ship Shoal Block 225, Platform B. The flow from the well, located approximately 74 miles southwest of Port Fourchon, LA., was stopped using a pumping operation approved by BSEE that involved
Ocean Power Technologies, Inc. (“OPT” or “the Company”) has announced financial results for its fiscal 2013 fourth quarter and the full year ended April 30, 2013. Some of the highlights from the report are: – Ocean Power Technologies reported a net decrease in cash and investments of $11.4 million f
J+S Ltd have been awarded a £6 million contract by Thales UK to provide a continuation of the in-service support for winch equipment and pre determined through put of towed array sonar equipment for the Royal Navy. The joint project will provide a decade of maintenance and repair for 17 different sy
Cornell University and Verdant Power Inc., signed a Memorandum of Understanding (MOU) with the intention of entering into a long-term relationship centered on research and other activities related to Marine & Hydrokinetic (MHK) technologies. Verdant Power’s MHK project on Roosevelt Island in New Yor
Europa Oil & Gas (Holdings) plc, the AIM listed oil and gas exploration and development company with a combination of producing and exploration assets in Europe, announces the commencement of a 3D seismic acquisition programme in the South Porcupine Basin, offshore Ireland, following the award by th
Seadrill Limited (“Seadrill” or “the Company”) has entered into turnkey contracts to build four new ultra-deepwater drillships. Two drillships will be built at the DSME yard and the other two at the Samsung yard, in South Korea. The project value price is estimated to be below US$600 million per uni
A British diver was killed while performing underwater work at the Riffgat offshore wind farm, located north of Borkum in the North Sea, between Friday 12 July and Saturday 13 July. The 26-year-old was buried in 20-meter water depth by a concrete mat, Die Welt reports. The mats were spread to weigh
SBM Offshore announces that contracts have been executed with BM-S-11 subsidiary Tupi BV on 12 July 2013 for the twenty-year charter and operation of the two (2) FPSOs Cidade de Maricà and Cidade de Saquarema. Both FPSOs are destined for the Lula field in the pre-salt province offshore Brazil. BM-S-
1. Volstad Shipping Orders Subsea IMR and Construction Vessel from Tersan Shipyard Volstad Shipping AS has signed a contract with Tersan Shipyard in Turkey regarding building of a Subsea IMR and Construction Vessel. The contract was signed July 4th 2013 and is subject to satisfactory financing. 2. S
MultiClient Geophysical (MCG) announces yet another long-offset multi-client 2D (MC2D) survey in the western part of the Norwegian Barents Sea. This survey is situated in the area southwest of the Bjørnøya (Bear Island) where blocks have been awarded in the 23. Concession Round. This survey extends
HMAS Shepparton’s Hydrographic Department have been hard at work, conducting high resolution surveys of the Australian coastline. The Paluma Class Survey Motor Launch (SML) is currently conducting survey operations between Clarence Strait and the approaches to Darwin Harbour. Commanding Officer of S
The Government proposes to allow the Hongkong Electric Company, Limited to carry out offshore ground investigation works involving borehole drilling and soil sampling at the seabed of 35 locations situated about 3.5 kilometres southwest of Lamma Island. The works are part of the feasibility study on
Pelamis Wave Power is undertaking a Knowledge Transfer Partnership (KTP) project in collaboration with the Concrete Technology Unit (CTU) at the University of Dundee. The KTP project will investigate the design, construction and manufacturing processes associated with the use of concrete as a primar
BP Norge AS (BP) has received approval to use Island Constructor for well intervention on the Skarv field in the Norwegian Sea. The approval has been granted by Petroleum Safety Authority (PSA) and covers work on well 6507/3-D-2H at Skarv. The Island Constructor vesse,l which will be used for the wo
