The US oil and gas sector could soon see a raft of merger and acquisition (M&A) activity as a result of the new regulations brought in following the Deepwater Horizon oil spill in the Gulf of Mexico. A new piece of research carried out by independent oil and gas industry technical advisory, GL Noble Denton, [...]
May 17, 2013 | Posted in
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A Hydrex diver/technician team mobilized to Tacoma, Washington, U.S.A. last month to remove the bow thruster of a 294-meter container vessel. The unit needed to be overhauled. Hydrex performed the operation underwater in a very short time frame. This made it possible for the owner to keep his vessel out of drydock. Together with all [...]
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Petrobras acquired the most blocks offered in the 11th Bid Round held by the National Petroleum Agency (ANP). Petrobras bought, whether on its own or in partnerships, 34 of the 289 blocks offered in the bid. It also secured, in its technicians’ opinions, the blocks with the highest exploratory potential offered by the agency, located [...]
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Kongsberg Underwater Technology, Inc. announced today that it has successfully completed negotiations with the University of Washington’s Center for Commercialization to obtain the sole rights to produce, market and continue the development of Seaglider ™ technology. Seaglider™ is an autonomous underwater vehicle (AUV) system developed at UW’s School of Oceanography and Applied Physics Laboratory with [...]
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FMC Technologies, Inc. announced that it has received a subsea equipment order from ExxonMobil Corporation (ExxonMobil) for its Julia development. The Julia field is located in the Gulf of Mexico Walker Ridge area in approximately 7,000 feet (2,100 meter) water depth. FMC Technologies’ scope of supply includes six subsea trees, a manifold and associated tie-in [...]
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3Degrees, one of the nation’s leading providers of renewable energy and carbon offsets, announced today that it has taken delivery of the first-ever Renewable Energy Certificates (RECs) from the nation’s first grid-tied tidal power facility. The RECs were generated by Ocean Renewable Power Company’s (ORPC) Maine Tidal Energy Project and represent the first power from [...]
May 16, 2013 | Posted in
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Total announces that it has been awarded 10 new exploration licenses during Brazil’s 11th bid round. Total will be the operator with 40% interest in five blocks situated in the Foz do Amazonas basin (FZA-M-57, FZA-M-86, FZA-M-88, FZA-M-125 and FZA-M-127) and with 45% interest in one block (CE-M-661) in the Ceara basin. In addition, Total [...]
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Deep Down, Inc. (“Deep Down”), an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, reported net income of $0.2 million for the first quarter of 2013, an improvement of $0.5 million from the first quarter of 2012. For the first quarter of 2013, Deep Down reported net income [...]
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Premier announces that it has been awarded three blocks in Brazil’s 11th Round held in Rio de Janeiro on 14 May. The blocks are located in deep water basins offshore North East Brazil in largely under-explored areas and contain prospects and leads capable of delivering between 250 mmbbls and 1 bn bbls each. Premier was [...]
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Galp Energia participated on the first day of the 11th bidding round for exploratory blocks organized by the National Petroleum, Natural Gas and Biofuels Agency (“ANP”), that was held in Rio de Janeiro, Brazil. On this first day of the bidding round Galp Energia was awarded the following blocks: – Four blocks in Parnaíba basin, [...]
