Saipem has been awarded contracts for the extension of leasing and upgrading works of the Cidade de Vitoria FPSO (Floating Production Storage and Offloading vessel) in Brazil. The company has also been awarded a lease extension and operation contract for the Gimboa FPSO in Angola. These contracts are worth in total approximately $600 million. Saipem […]
July 15, 2014 | Posted in
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The renewable energy team from Burges Salmon have assisted in securing seabed rights for a total of four wave and tidal energy zones for their clients Minesto and Wave Hub in a leasing process managed by The Crown Estate. Swedish marine energy technology company Minesto has acquired the rights to a tidal stream project site […]
July 15, 2014 | Posted in
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Bureau of Ocean Energy Management (BOEM) Director Tommy P. Beaudreau announced that the bureau will offer more than 21 million acres offshore Texas for oil and gas exploration and development in a lease sale that will include all available unleased areas in the Western Gulf of Mexico Planning Area. Proposed Western Gulf of Mexico Lease […]
The easy days of oil and gas production appear to be over as companies must find new energy resources in deep water or the Arctic regions where harsh climatic conditions create the ultimate challenge. Global gas industry leaders will share their knowledge and expertise on the many challenges presented by offshore and subsea environments, and […]
Hyperdynamics Corporation announced today that it has communicated to the Government of Guinea and Tullow its response to Tullow’s assertion without advance notification or discussion of force majeure and suspension of plans to commence drilling of an exploratory well offshore Guinea. Hyperdynamics believes Tullow’s unilateral actions are unwarranted and untimely, and that a force majeure […]
The Energy Department today announced $10 million to strengthen the U.S. marine and hydrokinetic (MHK) energy industry, including wave and tidal energy sources. Through the two funding opportunities announced today the Department is supporting design, manufacturing, demonstration, and testing of sustainable, environmentally responsible marine and hydrokinetic energy devices and components. Wave Energy Converter (WEC) Prize […]
March 11, 2014 | Posted in
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Dana Petroleum has released an update about the Fregate-1 exploration well being drilled in Block 7, offshore Mauritania. The well is being plugged and abandoned at a depth of 5,426m MD BRT. The well discovered gas-condensate and oil pay in multiple thin, but good quality sands within the Lower Cormoran (Santonian) and in the first […]
February 18, 2014 | Posted in
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Vard Holdings Limited announced that it has secured a contract with a new customer, Harkand Group, for the design and construction of one Diving Support and Construction Vessel. The value of the contract exceeds NOK 1 billion. The vessel is of VARD 3 03 design, specially designed and equipped for diving and subsea operation duties […]
Members of the offshore industry community in Aberdeen, Scotland were invited to attend a CARIS and EIVA workshop featuring the integrated solution for offshore survey. The workshop was well attended with 24 attendees from survey companies in the Aberdeen area and beyond. CARIS’ Trish Groves and Dagmar Kuil, alongside Lars Dall from EIVA spent the […]
December 17, 2013 | Posted in
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Intertek, the leading quality solutions provider to industries worldwide, has appointed Chris Marchant as the new Head of Cables and Offshore Development, for Intertek’s Energy and Water Consultancy Service. Chris joined the business in October and takes up responsibility for the cables and offshore development team as it embarks upon the next phase in its […]
