CNOOC Limited announced that its parent company, China National Offshore Oil Corporation (CNOOC) has signed a production sharing contract (PSC) with Primeline Energy China Limited (PECL) and Primeline Petroleum Corporation (PPC) for Block 33/07 in the East China Sea. Block 33/07 is located about 390
Leading marine contractor Gardline Geosurvey has selected Sonardyne International’s Ranger 2 USBL tracking system as part of a multi vessel upgrade programme. By equipping its survey vessels with Sonardyne’s latest generation acoustic technology platform, Gardline will now benefit from Ranger 2’s ab
Offshore Marine Group, owners of Offshore Marine Management (OMM), has announced that due to the growth and success of its personnel department it will soon rename, rebrand and launch the existing department as “Main Source Offshore People LTD” (MSOP). MSOP was launched at the RenewableUK Global Off
Ocean Installer has successfully completed survey and intervention work at the Balder field, as contracted by ExxonMobil Exploration & Production Norway AS. The work was performed in May 2012, according to schedule and in line with Ocean Installer’s quality and HSE standards and requirements. The co
FoundOcean announced that Ambienta SGR, Europe’s largest private equity fund focused on the environmental sector, has signed an agreement to acquire a 35% stake in the company. Jim Bell, Managing Director at FoundOcean explained, “We are delighted that Ambienta has chosen to invest in FoundOcean as
Leading international oilfield service provider Expro will provide a full well services contract to a large operator in Australia in a huge multi-million dollar contract estimated in the region of $20million (£12.8miilion). Expro will provide well test, wireline, surface sampling, drill stem testing
A First World War British submarine that executed one of the most daring raids during the war was found 94 years after it was abandoned, The Telegraph reports. HMS E14 was located on the ocean bed in the Dardanelles after a search that began in January. This submarine sailed beneath a minefield and
S.D.E Ltd., the leading company in the world in electricity production from sea wave energy, is planning to build its unique sea wave energy power plants along the costal line of Ecuador main land and the island of Galapagos. SDE was selected by a team of international scientists as number one in th
On June 22, 2012, the launching ceremony of the third vessel in a series multipurpose salvage vessel “SPASATEL ZABORSHCHIKOV” yard number 703, capacity 4 МW, project MPSV07 will take place at Nevsky Shipyard’s slipway. The construction of the vessels of the series is carried out in accordance with t
Leighton Welspun has been awarded its fifth project by India’s Oil & Natural Gas Corporation (ONGC), taking the value of the total work awarded to the Company by ONGC to more than INR 5000 Crore (AUD$914 Million) over the past 5 years. The 1400 Crore (AUD$256 Million) Pipeline Replacement Project 3
The world has finite hydrocarbon resources and conventional oil reserves are particularly in short supply. Furthermore, conventional oil resources from the Middle East are very much under threat of disruption as embargoes on Iranian oil exports come into full effect at the end of June 2012. However,
Indian Navy has started seeking four survey vessels capable of exploring the depths of the maritime economic zone and the extended continental shelf of the country, reports Bernama. According to the Navy official the first vessel should be commissioned into service by 2017-18. The primary task of th
Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has established a new office in Perth, Australia. The new office, which was officially opened on 14th June 2012, will provide sales and technical support to customers across Australasia. “The growing number
Beach Energy Limited has commenced 2D seismic acquisition over its Lake Tanganyika South concession in Tanzania. The 2D seismic is being undertaken by Fugro Oceansismica and is expected to take approximately two months to acquire and seven months to process and interpret. To undertake the seismic, a
