OceanWorks International announced the appointment of Mr. Adam Lesinski as General Manager for the Burnaby location. Acting as General Manager, Adam’s function will be to manage all of the company’s operations in our Burnaby location, ensuring OceanWorks International continues to deliver industry l
Statoil has farmed down a 25% working interest in its operated exploration licence offshore Mozambique to Tullow Oil plc (Tullow). The licence, which consists of two blocks under one licence agreement is located in area 2 and 5 offshore Mozambique in the Rovuma basin. “The farm-down reflects the att
HOCHTIEF generated profit before taxes of EUR 166.1 million in the second quarter of 2012 after incurring a loss in the first three months of the year. The HOCHTIEF Asia Pacific division returned to the black. The troubled Airport Link project, a toll road in Brisbane, was opened to traffic and hand
INPEX CORPORATION announces that through its subsidiary, Teikoku Oil (North America) Co., Ltd., it has agreed to acquire a 7.2% participating interest in the Lucius project which includes portions of Keathley Canyon blocks 874, 875, 918 and 919 in the deepwater of the U.S.Gulf of Mexico, from a subs
Viper Subsea has received praise from the UK Government for breaking into the Brazilian market. Trade and Investment Minister Lord Green applauded Viper Subsea for securing a contract to supply equipment for a deep-water development in the Santos Basin. Viper Subsea’s Santos Basin deal was announced
Petrobras announces the new data obtained with the further drilling of well 4-SPS-86B (4-BRSA-971-SPS), which is testing the Carcará prospect, in Block BM-S-8 in the ultra-deep waters of the Santos Basin pre-salt. This discovery was previously announced on March 20, 2012. Located 232 km off the coas
INPEX CORPORATION has through its subsidiary, Teikoku Oil (North America) Co., Ltd., agreed to acquire a 7.2% participating interest in the Lucius project which includes portions of Keathley Canyon blocks 874, 875, 918 and 919 in the deepwater of the U.S. Gulf of Mexico, from a subsidiary of Anadark
Following the Launch of Kilimanjaro III last year, Coastal Fast Ferries has continued to grow its operation. “Kilimanjaro IV” is RDM’s fourth build for AZAM Marine’s Coastal Fast Ferries. With the two 35m Kilimanjaro I and Kilimanjaro II vessels and the 38m Kilimanjaro III dominating the busy route
Aker Solutions’ operating revenues were NOK 11.9 billion in the second quarter and NOK 21.7 billion for the first six months of 2012. The latter is 33 per cent higher that the same period in 2011. Earnings before interest, tax, depreciation and amortisation (EBITDA), excluding non-recurring items, a
The Inter-M Pulse, a mooring monitoring system developed by InterMoor, an Acteon company, has been nominated for an Offshore Norway (ONS) Innovation Award. The revolutionary system is the first to electronically monitor the inclination and tension of mooring lines. Robust, purpose-built sensors have
Det norske oljeselskap ASA, the operator of PL 356, is in the process of completing the drilling of well 3/4-2S on the Ulvetanna prospect. The well was drilled approximately 20 kilometers north of the Trym Field, located in the southern part of the North Sea in Norway. The objective of the drilling
Wood Group PSN (WGPSN) has been awarded a $10 million (AUD) contract by Shell to build the Computerised Maintenance Management System (CMMS) for its Prelude Floating Liquefied Natural Gas (FLNG) facility, off the coast of Western Australia. Offering an integrated service solution to Shell, the contr
Parker Hannifin Corporation, the global leader in motion and control technologies, has been awarded a contract by Northwind NV (formerly Eldepasco NV), a joint venture of the Colruyt Group and Aspiravi NV of Belgium. The scope of the agreement is for supply of infield array cables, cable accessories
Bayerngas UK announced today that production has commenced from the Clipper South gas field, in which the company holds a 25% interest. The field is operated by RWE Dea (50% interest) and Fairfield Energy is also a partner in the field (25% interest). “We are delighted to see first gas from Clipper
