Fastnet (“Fastnet” or the “Company”) the listed E&P company focused on near term exploration acreage in the Celtic Sea and Morocco, announces that it has executed a Letter of Intent, subject to contract, with CGG as its preferred seismic contractor for 3D seismic acquisition in the Celtic Sea beginn
Technip was awarded by Sarawak Shell Berhad an engineering, procurement, construction, installation and commissioning contract for two new gas-export lines at the Laila and D12 fields, respectively located 50 kilometers Northwest of Miri, at a water depth of 75 meters, and 140 kilometers offshore Bi
1. Demand for ROVs to Increase in 2013 (UK) Visiongain’s analysis indicates that the global market for remotely operated vehicles (ROVs) in the oil & gas industry will reach a value of $2.46bn in 2013. The sector will experience strong growth over the forecast period as increasing expenditure in the
The United Kingdom Hydrographic Office (UKHO) has once again successfully delivered another of its accredited marine cartography courses to seven international students. Students from the Hydrographic Organisations of Colombia, Greece, Malaysia, Burma, Vietnam, Mozambique and Japan undertook the int
Elia is seeking contractors for submarine HVAC cable system of Belgian Offshore Grid (BOG). The scope of the contract entails a complete installed cable system, which involves design, engineering, construction, supply, installation, burial, handling and commissioning of submarine 220KV AC power cabl
OPera is a conceptual study of offshore power systems for oil and gas installations. The objective of this study, performed by DNV, is to complement existing power hub concepts, provide ideas and inspiration to the industry, and serve as invitation to collaboration. Main focus of the study is the ne
Hyperdynamics Corporation yesterday announced the completion of an updated oil resource evaluation study of the oil and gas concession offshore Republic of Guinea conducted by Netherland, Sewell & Associates, Inc., a leading provider of reserve audits and exploration resource assessments. A summary
Huge quantities of algae are growing on the underside of sea ice in the Central Arctic: in 2012 the ice algae Melosira arctica was responsible for almost half the primary production in this area. When the ice melts, as was the case during the ice minimum in 2012, these algae sink rapidly to the bott
Det norske oljeselskap ASA has awarded Saipem the contract for supply of the steel jacket for the Ivar Aasen platform. The contract is worth NOK 709 million. The steel jacket will be constructed in Arbatax, located on Sardinia. The height of the jacket, to be installed at a water depth of 112 meters
Oceana, the international marine conservation organization, blasts the Spanish ministry of Energy, Industry and Tourism for providing permits to UK-based “Capricorn Spain Limited” for seismic testing, which has been shown to harm fisheries – in some cases cutting catches by as much as half[i] – and
The general secretary of the Scottish Trades Union Congress (STUC), Grahame Smith, will give the keynote address at this year’s UK Oil and Gas Industry Safety Awards. He will address a gathering of hundreds of the oil and gas industry’s most enthusiastic champions for offshore safety at a ceremony o
Installing tidal energy devices is both costly and technically challenging, but a new Dynamic Positioning (DP) flat-top barge could be the answer that the industry has been waiting for. Adding DP capability to a versatile flat-top barge offers a real cost effective tidal energy installation solution
The UK government’s Department of Energy and Climate Change (DECC) today announced their approval of the Field Development Plan (FDP) put forward by Statoil and its co-venturers for the Mariner heavy oil field. The project entails investments of more than USD 7 billion and is the largest new offshor
Ciena® Corporation, the network specialist, announced that Global Caribbean Fiber (GCF), the main provider of network services across the Eastern Caribbean, has selected Ciena to upgrade its Antilles Crossing submarine network that connects St. Croix, St. Lucia and Barbados. With Ciena’s 6500 Packet
