Nautilus to Return Escrowed Funds

Nautilus to Return Escrowed Funds

Nautilus Minerals has announced that under the terms of its agreement with the nominee of the Independent State of Papua New Guinea, the sum of US$113 million, which was placed into escrow in May 2014, shall be released ...

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Hydrex Services Tanker in Panama

Hydrex diver/technician working on the rope guard

Hydrex diver/technician team has carried out underwater stern tube seal repairs on a 196-meter LPG tanker in ...

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Kvaerner’s Concrete Solutions EVP Resigns

Bjørn Gundersen

Bjørn Gundersen has decided to leave the position as Kvaerner’s Executive Vice President (EVP) for Concrete ...

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MCG in Seismic Acquisition Off Indonesia

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MultiClient Geophysical (MCG) will acquire two new multi-client 2D seismic surveys in Indonesia. The Lombok survey ...

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Dolphin Scoops West Africa 3D Shoot

Polar-Duchess

Norwegian seismic player, Dolphin, has been awarded a 3D seismic contract in West Africa for an undisclosed client. ...

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Statoil to Become Johan Sverdrup Operator

Statoil to Become Johan Sverdrup Operator

The Johan Sverdrup partners have agreed to recommend Statoil as operator for all phases of the field. Their ...

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Plexus Secures Equipment Order from Det Norske

Plexus Secures Equipment Order from Det Norske

Plexus Holdings has received a purchase order (‘PO’) from Det Norske Oljeselskap ASA (‘Det ...

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IHC Sealing Solutions Gets Its Old Name Back

IHC Sealing Solutions Gets Its Old Name Back

Starting in December 2014, IHC Sealing Solutions will operate under the new – but also old – name of Lagersmit. On ...

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No Trace of MH370 After 7000 sq km Covered

MH_370_SEARCH

The Chief Coordinator of the Joint Agency Coordination Centre (JACC), Judith Zielke, together with the Program ...

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Circle Group Buys WellPartner

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HitecVision has announced Circle Group’s acquisition of WellPartner AS, an equipment and services company ...

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Persephone Project Gets Green Light (Australia)

Persephone Project Gets Green Light (Australia)

The North West Shelf  (NWS) Project participants have approved the Persephone Project off the north-west coast of ...

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Subsea Innovation Opens New HQ in Darlington

Subsea Innovation Opens New HQ in Darlington

On 25th November HRH The Duke of Gloucester officially opened Subsea Innovation’s new Headquarters on Faverdale ...

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Statoil Approved for Tune Until 2020

Tune Statoil

Statoil has received consent to use subsea facilities on the Tune field until 2020. Tune is a gas condensate field ...

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PSA Audits Statoil’s Flexible Risers

PSA Audits Statoil's Flexible Risers

The PSA has carried out an audit of Statoil in respect of technology follow-up, operational follow-up and condition ...

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Norcom Gets SCORE Grant for eChart Development

Norcom UK mapping software

East Anglian grant programme, Supply Chain innovation for Offshore Renewable Energy (SCORE), has awarded funding to ...

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Nexans’ Umbilicals on Asgard Compression Station

Statoil-Establishes-Base-Services-for-Asgard-Subsea-Compression-Norway-1024x675

Nexans has delivered power umbilicals for world’s first subsea gas compression station at the Statoil’s ...

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Woodside Commits to Morroco Seismic

Western Legend

Woodside has entered into a contract for an exclusive Reconnaissance Licence (RL) with the Office National des ...

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UK Boosts Funds for Subsea CCS

carbon capture and storage CCS

Companies developing cutting edge low carbon energy projects in generation, efficiency and storage, such as ...

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Shell Faces USD 4 Bln Fine for Bonga Oil Leak

Shell Bonga leak

An oil major, Shell, is facing a fine of USD 3.96 billion for the oil spill that happened in 2011 on Bonga oil ...

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