GL Noble Denton has published a new Guideline for the certification of blow-out preventers (BOPs). The Guideline clearly defines the process to be undertaken by independent third party certification bodies in certifying the integrity of the asset, which monitors and controls the flow of oil and gas
Canadian firm Thin Red Line Aerospace has completed the first structure specifically designed and built for undersea compressed air energy storage (CAES). The structure, also referred to as an “Energy Bag”, is to be anchored to the seabed off the coast of Scotland next month as part of a major renew
Tap Oil Limited (“Tap”) provides the following update on the Finucane South-1 exploration well, offshore Carnarvon Basin, Western Australia. Location/Proposed Depth The Finucane South-1 well is located in permit WA-191-P, in the northern end of the Carnarvon Basin. The preliminary well location is l
Endeavour International Corporation reported adjusted EBITDA for the first quarter of 2011 was $4.1 million compared to $9.7 million in the first quarter of 2010. On a GAAP basis, net loss was $(7.5) million for the first quarter of 2011 as compared to $(15.2) million for the same quarter in 2010. “
Bristow Group Inc. a leading provider of helicopter services to the offshore energy industry, announced today that it has been awarded a renewal contract for work in Norway valued in excess of $167 million in revenue. William E. Chiles, President and Chief Executive Officer, said, “Our recent succes
RWE Dea Egypt has announced a further gas find in the North El Amriya concession. The company, as operator, holds a 100% stake in this concession. The NEA 4x strike is about six kilometres east of the NEA 3x find confirmed in January in the offshore concession North El Amriya, some 40 kilometres nor
Siemens and Østensjø Rederi have developed a new diesel-electric propulsion system that uses less fuel and will set new environmental standards for offshore vessels. The new system will reduce NOx and emissions of greenhouse gases, more than today’s systems using gas operation. The system will be in
Schilling Robotics, LLC, experts in subsea systems, announced the official opening of their new North Sea Service and Support Centre in Aberdeen, Scotland. The support centre includes a parts warehouse with over $3 million of ROV and manipulator inventory, comprehensive workshop facilities, and prof
BMT Scientific Marine Services (BMT) announces the opening of a new office in Rio de Janeiro, Brazil. Trading as BMT Scientific Marine Services Ltda, BMT will operate in Rio de Janeiro as an extension of its existing offices in California and Houston. The local presence provided by this new base in
GSP Orizont completed the preparative process in Lamprell Shipyard, Hamriya, UAE. The rig is heading onboard the semi-submersible heavy marine transport vessel Swan to Ciudad del Carmen, Gulf of Mexico, in order to enter the new contract. GSP Atlas is also subject of scheduled repair and reclassific
The Helix Well Containment Group (HWCG) has announced a significant enhancement to its subsea system capabilities, with the addition of a 15,000 pounds per square inch-gauge (psig) intervention capping stack designed to handle extremely high pressure, deeper wells in the deepwaters of the Gulf of Me
Aberdeen-based Maritime Assurance & Consulting Ltd (MAC) has enjoyed a successful first quarter in operation, having secured worldwide contracts totalling in excess of £200,000 (329 540 U.S. dollars). MAC, which was established at the start of 2011 by Graeme Reid – the former European Managing Direc
CAMAC Energy Inc. , a U.S.-based energy company engaged in the exploration, development and production of oil and gas, announced a net loss of $28.2 million, or $0.18 per diluted share for the quarter ended March 31, 2011. This loss includes the remaining estimated Oyo well #5 intervention expenses
Songa Offshore, Cyprus-based offshore drilling company, provides fleet update for April 2011. Songa Venus achieved operating efficiency of 100% during the month. The rig continues to operate for Total E&P in Australia. Songa Mercur was awarded a 180 day contract with Gazflot LLC for work at Sakhalin
