Rescuers are continuing the search for the survivors of the accident that occured when a cargo ship carrying around 700 tons of gold ore sank last month in the Russia’s Okhotsk Sea. The wreck of the Amurskaya freighter was discovered by divers on the seafloor around 25 meters deep, but they didn’t f
FOGL, the oil and gas exploration company focused on its extensive licence areas to the South and East of the Falkland Islands, announces that the necessary repairs were carried out on the blow-out preventer (BOP), which revealed a malfunction during a routine test in October. The BOP on the Scotia
The 1st AWTEC (Asia Wave and Tidal Energy Conference) will be held in Jeju, Korea from Nov. 27 to Nov. 30, 2012. AWTEC is an international technical and scientific conference under EWTEC organization, focused on ocean wave and tidal renewable energies and widely respected for its commitment to maint
Dolphin Geophysical AS has signed an agreement with Anadarko South Africa (Pty) Ltd, a wholly owned subsidiary of Anadarko Petroleum Corporation, for the acquisition of approximately 6250 kms, 2D survey offshore South Africa, where Anadarko is partnered with PetroSA. The survey will be acquired by A
Renewable energy company, Renetec Co., plans to raise around thirty per cent of funds for USD 917 million tidal energy project from their equity partners, said Chief Executive Officer Park Jong Seon to Bloomberg. “For the debt portion, we’ll start fundraising in May 2014”, Seon added. The total capa
Total announces the start-up of its South Mahakam gas condensate project two months ahead of schedule. The South Mahakam is part of the program being implemented to offset production decline impacting the Mahakam PSC (Production Sharing Contract). Total E&P Indonesie (50%) operates the project along
BOURBON has marked growth in third quarter revenues of +21.4% (+13.0% at constant exchange rate). Revenues were up 18.9% over 9 months (+14.0% at constant exchange rate). “In a favorable oil and gas services market, BOURBON’s growth is in line with the BOURBON 2015 Leadership Strategy. Average daily
ITF, the global technology facilitator, will promote six leading technology developers at the Middle East’s largest oil and gas exhibition and conference next week. The organisation has created a ‘Technology Street’ display space at Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC)
CGGVeritas announced today the commercial launch of BroadSource™, its broadband marine seismic source. BroadSource is a natural complement for BroadSeis™, its industry-proven broadband marine seismic solution, to produce unrivalled images of the subsurface. BroadSource combines a synchronized multi-
Statoil has completed another successful appraisal well in PL265 in the Johan Sverdrup discovery together with partners Petoro, Det norske oljeselskap and Lundin. The 16/2-14 well was drilled in a northwestern segment about 6 kilometres northwest of the 16/2-6 discovery well and about three kilometr
MEO Australia Limited provides the following update in relation to Heron South-1 being drilled in NT/P68, operated by Eni Australia Ltd (Eni). Since last progress report the 178mm (7”) liner was run to 4,255mMDRT. The forward plan is to complete cementing the 7” liner in place with the intention to
Being written-off from Baltic Fleet (BF) three years ago due to worn-out condition, frigate Neukrotimy sank on Nov 3. After decommission, the ship was reclassified down to “military property” category and moored at naval harbor of Baltiysk, Kaliningrad region. The frigate was put up for sale. Neukro
CGGVeritas has successfully conducted the first 3D BroadSeisTM marine surveys to be recorded offshore China. The deepwater surveys of two areas offshore Shenzhen in the east of the South China Sea were awarded to CGGVeritas by Chinese seismic services company, COSL (China Oilfield Services Limited),
Mermaid Maritime Public Company Limited (“Mermaid”) announces that its business unit Subtech Qatar Diving and Marine Services LLC (“Subtech”) has been awarded another subsea services contract in Qatar with an existing client, an international upstream oil and gas operator. This contract will be perf
