Lundin Petroleum AB (“Lundin Petroleum”) will drill a new exploration well 16/1-14 in PL338. The well will target the Apollo structure, which is situated immediately to the south of the Draupne field in PL001B, and some 5 kms northwest of and down-dip from the Luno field located in PL338. The main o
Cobalt International Energy, Inc. (“Cobalt”) today announced that it had invoked the force majeure provision under the drilling contract with Diamond Offshore Company for the Ocean Monarch drilling rig. This rig was moored and ready to begin drilling operations at the location of our North Platte #1
Coastal Energy Company (the “Company” or “Coastal Energy”), an independent exploration and production company with assets in Thailand, announces the financial results for the quarter ended March 31, 2010. The functional and reporting currency of the Company is the United States dollar. First Quarter
Orca Exploration Group Inc. (“Orca” or the “Company”) announces that it has signed an agreement with Petroceltic International plc (“Petroceltic”) to farm in on Petroceltic’s Central Adriatic B.R268.RG Permit offshore Italy. The farm-in commits Orca to fund 30% of the Elsa-2 appraisal well up to a m
John C.S. Lau, President & Chief Executive Officer of Husky Energy Inc., announced that oil production has been achieved from the North Amethyst field offshore Newfoundland & Labrador. Oil began flowing from the field on May 31. North Amethyst is the first satellite field development at Husky’s Whit
For (future) decision makers and their advisors in governments, port and harbour authorities, offshore companies and other organisations that have to execute dredging projects, the International Association of Dredging Companies, in co-operation with UNESCO–IHE, organises the International Seminar o
On Wednesday May 26, 2010, the cutter suction dredger ‘Ibn Battuta’ was delivered to its owner, on the shipyard Uljanik Brodogradiliste d.d. in Pula (Croatia). The ‘Ibn Battuta’ is the first of four large self-propelled cutter suction dredgers built at the Pula shipyard. Earlier this year, the ident
This one-day workshop was jointly organised by CEDA, EuDA and ESPO. It took place on 29 April 2010 at the EuDA Offices in Brussels, Belgium. The revised Waste Framework Directive 2008/98/EC came into force at the end of 2008. It has to be transposed into national law by 12 December 2010. The aim of
Van Oord has been awarded the contract to perform maintenance dredging in the port of Beira, Mozambique. The customer is CFM (Portos e Caminhos de Ferro de Moçambique). The contract value amounts to some EUR 37 million. The work has begun in April 2010 and will take approximately eighteen months to
Seadrill Limited (“Seadrill”) announces the acquisition of a further 9,071,948 shares in Scorpion Offshore Limited (“Scorpion”) on Friday, May 28, 2010 taking its total holding to 45,010,851 shares, representing 50.11 percent of the issued shares in Scorpion. The acquisition of the additional shares
Leading European energy company, Vattenfall, has awarded A2SEA a contract to transport 30 5MW RePower turbines from Belfast Harbour to the Ormonde Offshore Wind Farm, 10km off the coast of Barrow-in-Furness in the Irish Sea. In addition to providing the specialist jack-up barge SEA JACK and its expe
Last week the Journal Tribune endorsed the four bond issues on Maine’s June 8 ballot. We recommended “Yes” votes on Questions 2-5, proposed… [mappress] Source: journaltribune, May 28, 2010;
A supply chain for offshore wind is needed urgently, according to engineering companies in the north-east of England, as business leaders in Scotland meet to discuss the potential benefits to investing in wind power. Speaking to NewEnergyFocus, several bosses from the region expressed concerns that
RenewableUK, the country’s leading energy trade association has welcomed comments today from Energy and Climate Change Secretary, Chris… [mappress] Source: evwind, May 28, 2010;