DOF Subsea, a Norwegian provider of offshore support vessels, has seen its third quarter 2015 revenue rise to 1.9 billion Norwegian crowns, up from NOK 1.8 billion in 3Q 2014. Despite the rise in operating revenue, DOF Subsea on Friday reported a loss for the third quarter of 2015. Unlike last year,
Swedish operator Lundin Petroleum has started drilling an exploration well on the Lorry prospect, offshore Norway. The well 6407/10-4 will explore the Lorry prospect in PL700, located on the northern part of the Frøya High in the Norwegian Sea, some 17 kilometers northeast of VNG Norge operated Pil
China’s LNG imports from Australia reached a record high of 1.7 million tons in the third quarter 2015, jumping 44 percent.
Norwegian seabed seismic company Magseis has entered into an agreement with Shell for the further joint development of a system to deploy Magseis’ MASS technology in ultra-deep water with great precision. According to Magseis, the agreement regulates the further work leading up to a full-scale pilot
Asia’s ports of Busan, Hong Kong and Ningbo have kept their lead in boxship turnaround efficiency as they required shorter waiting times at anchorages as compared to the rest of top 10 container ports from around the world for October, the latest analysis from IHS Maritime&Trade shows. The analysis
Race Bank In July, A2SEA won a contract to provide the SEA CHALLENGER offshore installation vessel for the installation of wind turbines at DONG Energy’s Race Bank offshore wind farm from early 2017. Also, MMT has been contracted to carry out unexploded ordnance (UXO) inspections and removal MMT alo
Ideol and Group China Steel Corporation (CSC) have agreed to collaborate on floating offshore wind projects in Taiwan. The collaboration includes designing, engineering and constructing floating offshore wind turbines by using the Damping Pool technology, developed by the French floating foundation
LNG use by Japan’s ten independent regional electric power companies dropped 8.1 percent in October when compared to the same month in 2014. The companies consumed 4.13 million mt of liquefied natural gas in October, preliminary data from the Federation of Electric Power Companies of Japan (FEPC) re
Petrobras has filed a declaration of commerciality for an oil accumulation in the pre-salt layer of the Santos Basin, offshore Brazil. The Rio de Janeiro-based oil giant said Petróleo Brasileiro S.A. the declaration was for the oil accumulation in the northwest of the Júpiter Discovery Evaluation Pl
The Ensco 5006 drilling rig deployed on the Inpex-operated Ichthys LNG project received two 104 tonne christmas trees last month.
Quadrant Energy has received the Noble Tom Prosser drilling rig and will spud the Roc-1 well, offshore W. Australia. According to Carnarvon Petroleum, a partner in the licence, the drilling rig will move to the Roc-1 well site in WA-437-P and prepare for spud around November 17, 2015. The Roc-1 well
Statoil and its partners were the successful bidders for six exploration licences in the Flemish Pass Basin, offshore Newfoundland, and two licences offshore Nova Scotia. The licences offshore Newfoundland total 1,466,918 hectares (14,670 km2), and are located in an area in proximity to the Statoil-
Governor Andrew M. Cuomo on Thursday vetoed the Port Ambrose Liquefied Natural Gas Deepwater Port, proposed by Liberty Natural Gas.
The Norwegian Petroleum Directorate has granted Lundin Norway AS a drilling permit for well 7130/4-1, in the Barents Sea, offshore Norway. The exploration well will be drilled using the Transocean Arctic drilling rig, after completing the drilling of wildcat well 6406/12-5 S in production licence 58
