The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has received an contract award for an Ocean Bottom Seismic (OBC) survey for the Kvitebjørn Field in Norway for Statoil. The main objective is to improve structural interpretation and achieve better illumination of fault p
Hurricane Exploration plc, an oil exploration company focused on hydrocarbon resources in fractured basement reservoirs, has been offered a Frontier Licence by the Department of Energy and Climate Change in the second tranche of offers in the 26th Seaward Licensing Round. The Licence covers ten offs
With a new and innovative technology, it is now possible to comply with exciting legislation on noise reduction during installation of offshore wind turbines. According to legislation from the EU the sound emissions from the installation of windmills at sea must be reduced so the threat to the marin
INPEX and TOTAL today finalised the sale of the total volume of LNG from the Ichthys LNG Project with the signing of legally binding Sales and Purchase Agreements (SPA) with CPC Corporation, Taiwan (CPC), Chubu Electric Power Company, Inc. (Chubu Electric) and Toho Gas Co., Ltd. (Toho Gas). Under th
TE SubCom, a TE Connectivity Ltd. Company and an industry pioneer in undersea communications technology, announced it has successfully completed the first 40G upgrade in an undersea cable system more than 9,500km in length, setting an industry record for the longest 40G implementation. Using its G4,
Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced that it has appointed Allen & Caron Inc., headquartered in New York City with offices in Irvine, California and London, as its agency for investor relations. Paragon Shipping’s fleet of drybulk
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that due to technical difficulties the drilling of a side-track well on the Butch South West exploration prospe
Foss Maritime Company and Aspin Kemp & Associates (AKA) with their technology partner XeroPoint Energy, have received U.S. patent protection for their hybrid propulsion and energy management system. Foss, which owns and operates one of the largest tug and barge fleets on the U.S. West Coast, partner
ShawCor Ltd. today announced its pipecoating division, Bredero Shaw, has received a contract from Technip USA, to provide Concrete Weight Coatings, anode installation and other related services for a Latin American pipeline project. The project will consist of approximately 100 km of 36″ pipe to be
It is a truth that there is very hard competition between container handler ports in Turkey. Local competitions, specially between close ports are at top level. Together with new privatizations in Turkey, this competition becomes warmer and harder. As a result of it, also profits are getting lower.
FMC Technologies, Inc. ,a leading global provider of technology solutions for the energy industry, has signed an agreement with Woodside Energy Ltd. for the design, manufacture and supply of subsea production systems to support the Greater Western Flank (GWF) Phase 1 Project. The contract has a valu
Golden Ocean Group Limited advises that the Company has entered into two agreements to restructure some of the Company’s charter contracts. The Company has entered into an agreement with the Charterer of “Channel Navigator”, whereby “Channel Alliance” is fixed out to the Charterer for the same remai
DNV has launched a Deepwater Technology Centre in Singapore. The aim is to serve the oil and gas industry in the whole Asia Pacific region and to become a sizeable and complete competence centre for deepwater oil and gas developments. “We will capitalize on DNV’s 40 years of experience in offshore a
Dolphin Geophysical has appointed Paul Tollefson as Manager, Marketing and Business Development, Multi-Client and Processing. Reporting to Ian T. Edwards, Vice President of Global Multi-Client, Paul will be responsible for the development and marketing of new Multi-Client surveys and promoting Dolph
