Saudi Aramco announced the first phase production start-up at the Manifa field commenced on April 10th, 3 months ahead of schedule and well under the program’s approved budget. The Manifa field’s production capacity is expected to reach 500,000 bpd by July 2013, and is planned to reach its full desi
Rapidly growing international energy services company Proserv has officially launched a global research and development (R&D) hub in Norway to design innovative subsea controls and communications technologies. This new group strengthens Proserv’s evolving international infrastructure in support of i
This year Ocean’s Business got off to a dramatic start when Sonardyne International Ltd.’s trials vessel, Sound Surveyor, was involved in the rescue of a yacht drifting perilously close to the rocks off Portland. Sound Surveyor, which is hosting technical demonstration throughout the show, was en ro
Nautilus Minerals Inc. (the “Company” or “Nautilus”) has filed a final short form prospectus in each province of Canada, other than Quebec, in respect of its previously announced fully backstopped rights offering to raise gross proceeds of C$40,000,000 through the issuance of rights to subscribe for
DeepOcean UK, Ltd., a subsidiary of DeepOcean Group Holding BV, today announced an award from leading contractor Technip for trenching services on the Stella Field Development, Operated by Ithaca Energy. The contract includes project management, engineering and associated trenching and backfilling w
FOGL, the oil and gas exploration company focused on extensive licence areas to the South and East of the Falkland Islands provided the following operations update with respect to the ongoing 3D seismic operations. 3D seismic survey over the Diomedea Fan completed The PGS M/V Ramform Sterling has co
Ecosse Subsea Systems (ESS) has reported a successful start to a 10-week boulder clearing and trenching campaign on the Baltic 2 offshore wind farm project. Mobilised onboard the Siem Topaz anchor handling vessel, Ecosse Subsea’s SCAR subsea plough system is engaged on route clearing and pre-lay tre
CGG and Louis Dreyfus Armateurs Group (LDA) announced the creation of a ship management joint venture, GeofieLD Ship Management Services. Co-owned 50% by CGG and 50% by Louis Dreyfus Armateurs Group, the new joint venture will provide maritime ship management services for five of CGG’s high-capacity
3D Oil Limited advises that, together with its joint venture partner in VIC/P57, Carnarvon Hibiscus Pty Ltd (Hibiscus), it has finalised the development concept for the West Seahorse oilfield and that Front End Engineering Design (FEED) has commenced. Following a comprehensive review of a variety of
Polarcus Limited (“Polarcus” or the “Company”) announces the appointment of Mr. Duncan Eley as Chief Operating Officer (“COO”) of the Company. Effective May 01, 2013, Mr. Eley will assume the position of COO and head the Company’s three business lines; Sales and Marketing, Multi-Client and Marine Ac
U.S. Secretary of the Navy Ray Mabus announced the nation’s newest research vessel will be named R/V Sally Ride, in honor of the former UC San Diego faculty member who was the first American female astronaut and the youngest American to fly in space. The ship is owned by the U.S. Navy, will be opera
The Azerbaijan International Operating Company (AIOC) announces that the jacket for the West Chirag platform built as part of the Chirag Oil Project (COP) sailed away yesterday from the Heydar Aliyev Baku Deepwater Jackets Factory (BDJF) for offshore installation. The jacket transportation, launch a
A major stakeholder in Blue Power Energy Conor Haughey has appointed Beary Capital Partners to advise him on a €1.5m fundraising for wave energy development, Independent.ie informs. Blue Power Energy, in which Haughey holds 65 per cent stake, is seeking the investment to commercialize its newly deve
The Oyster wave energy device, developed by Aquamarine Power, has returned to the right track having met various development challenges on the way and “will get there” after achieving an uninterrupted 24 hours of electricity generation, 18 months after installation in the Pentland Firth, the Herald
