Royal Dutch Shell plc announced it has agreed to sell its 50% working interest in the Holstein Field, comprised of Green Canyon Blocks 644, 645 and 688 in the Gulf of Mexico, to Plains Exploration & Production (PXP) for approximately $560 million, subject to closing. Shell received an unsolicited of
InterMoor, an Acteon company, has completed installation of the drilling and production conductors for the Papa Terra project, announced Global President Tom Fulton. Petrobras serves as the operator of the Papa Terra concession with a 62.5 percent interest; Chevron holds the remaining 37.5 percent i
Reef Subsea announced that its subsidiary company, Reef Subsea Power & Umbilical, has placed an order for a Heavy Duty Cable Plough, which will expand the company’s capabilities and position it as a true leading contractor in subsea trenching and cable installation. Reef Subsea Power & Umbilical, ba
Energy technology company, Ecosse Subsea Systems, (ESS) has increased the size of its engineering division in response to client demand for specialist engineering packages. Aberdeen-based ESS specialises in trenching, deepwater installation and subsea lifting technologies for the oil and gas, marine
Det norske oljeselskap ASA (Det norske) has received consent to carry out manned underwater operations on the Jette field. The Jette field is part of production licence 027D and is located in blocks 25/7 and 25/8 in the North Sea. The field is located approx. 180 kilometres west of Haugesund and six
KD Marine announces that they will be completeing work for Marathon Oil UK LLC in September. The contract is to carry out subsea work on Marathon Oil’s East Brae platform in the North Sea. KD Marine will use their custom built Daughter Craft, which will be launched from a larger support vessel, to m
BP today announced it has agreed to sell its interests in a number of oil and gas fields in the deepwater US Gulf of Mexico to Plains Exploration and Production Company (‘Plains’) for a total of $5.55 billion, as part of a previously-announced plan to divest the assets and position its Gulf portfoli
Hydrosphere UK Ltd has supervised the successful build of four high visibility navigation buoys, supplied to Belfast Harbour to mark the deepwater approach to the main channel – and Seawork played its part in bringing the project to fruition. During the procurement process, Belfast Harbour Master, K
Yesterday, students were able to tour the US research vessel Roger Revelle as it docked at the Suva port, the Fiji Times reports. The vessel researches underwater volcanoes between Fiji, Tonga and Samoa, and it will probably study the ecosystems of these volcanoes. Roger Revelle experienced one of t
SapuraKencana Petroleum Berhad announced that SapuraAcergy Sdn Bhd (“SASB”) has been awarded a contract for the charter of a vessel, Sapura 3000, to Construcciones Maritimas Mexicanas S.A. de C.V. SASB is a joint-venture company equally owned by SapuraKencana and Subsea 7 S.A. The Award comprises pr
Rowan Companies plc (“Rowan” or the “Company”) announced that it has exercised its option to build a fourth GustoMSC P10,000 design ultra-deepwater drillship with Hyundai Heavy Industries Co., Ltd. (“HHI”) with delivery scheduled in March 2015. The cost for this rig, including commissioning, project
Applied Acoustic Engineering has strengthened its Sales team with appointment of Julian Rickards as Technical Sales Advisor. Julian has more than 15 years experience within the industry with Acoustic and Inertial manufacturers so brings a wealth of valuable expertise to the company, including time s
Sir Julius Chan, the Governor of Papua New Guinea’s New Ireland province, remains opposed to the Solwara 1 project. According to Radio New Zealand International, the Governor stated that seabed mining is a risk not worth taking. Nautilus, Canadian company in charge of the Solwara 1 project, claims t
MEO Australia Limited provides the following update in relation to the continuing project development activities related to the Tassie Shoal suite of projects. Following receipt of Expressions of Interest from major international industry participants for 8.3 million tonnes per annum of methanol off
