OMV has been awarded six additional offshore exploration licenses in Norway, acting as operator for two of them. The licenses were awarded by the Norwegian Ministry of Petroleum and Energy out of the 22nd Exploration license round. The signing with the Ministry took place on Friday, June 28. These a
CNOOC Limited (the “Company”) announced today that Wenchang 8-3E oil field has recently commenced production. Wenchang 8-3E oil field is located in the western Pearl River Mouth Basin with an average water depth of about 110-120 meters. The project has 4 producing wells and is expected to reach its
Tocardo Tidal Turbines, producer of tidal and free-flow water turbines, and leading international law firm Clifford Chance have entered a strategic business partnership. The deal will enable Tocardo to access specialist legal and administrative support for tidal energy projects worldwide. Clifford C
Offshore chemical engineering specialist Aubin has launched a new integrity management and subsea division in response to demand from the oil and gas industry. The division will provide ground-breaking solutions to urgent challenges facing operators of aging offshore infrastructure both in the UKCS
Offshore technology provider AGR Enhanced Drilling has recently strengthened its business with the addition of two new regional vice presidents. Ruud Van Der Meer will head-up the Norwegian firm’s presence in ACIS (Africa, Commonwealth of Independent States). He brings a host of experience to the No
Never before has the Underwater Technology Conference attracted this many visitors, speakers and exhibitors. UTC 2013 was the biggest and best in history. – The growth we experienced this year was formidable. Compared to last year’s 650 participants, almost 850 people visited this year. This is a 30
EdgeTech, the world’s leading provider of commercial and military side scan sonar systems, has just completed delivery of 12 advanced sonar systems for the Indian Navy. EdgeTech was awarded the contract after a performance trial with a competing side scan sonar manufacturer; the LMCS System was sele
Seatronics, an Acteon company, has recently placed orders totaling £1.7 million with Teledyne TSS. The purchases include 56 top-of-the-range Meridian Surveyor gyrocompasses, six highly-regarded TSS 440 pipe and cable tracking systems and a number of DMS motion sensors. The Meridian Surveyor is a hig
Antrim Energy Inc., a Canada-based international exploration and production company, announces that the UK Department of Energy and Climate Change (“DECC”) has agreed to amend the terms of UK Central North Sea Licence P077 (Antrim 100%) to allow for a revised Field Development Plan (“FDP”) for the F
Subsea 7 S.A. announced the award of a contract with a value (at the time of contract signature) of around U$450 million from Petrobras. The contract is for the operation of the Pipe Lay Support Vessel (PLSV) Seven Phoenix on a day rate basis for five years, with operations starting in the third qua
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, known for its safety, time and cost saving capabilities, announces it has been awarded its first contract with Eni Australia Limited (‘En
2H Offshore, an Acteon company, has recently been awarded a contract by Total for the delivery management of the TLP top tensioned riser (TTR) systems for its Moho Nord field development, offshore Congo. Located approximately 75km from Pointe-Noire and 25km west of N’Kossa in water depths ranging fr
McDermott International, Inc. (“McDermott”) announced that one of its subsidiaries has been awarded an engineering, procurement and construction (EPC) contract by Exxon Mobil Corporation for its Julia development. The value of the contract is included in McDermott’s second quarter 2013 backlog. The
As at 28 June, seven oil companies have purchased the Norwegian Petroleum Directorate’s (NPD’s) seismic package from the southeastern part of the Barents Sea and the ocean areas off Jan Mayen. The seven companies are Chevron Norge AS, Idemitsu Petroleum Norge AS, Det norske oljeselskap ASA, AS Norsk
