Mermaid Maritime Public Company Limited reported total revenue of US$ 77.8 million, up 5% year-on-year. Revenue growth from subsea business was backed by 10% year-on-year higher day rates of total own vessels, notwithstanding average subsea vessel utilization rate in 3QFY14 was 66%, slightly lower t
Circle Oil Plc, the Middle East and Africa focused oil and gas exploration, development and production company, announces the preliminary results of drilling of the well EMD-1 in the Mahdia Permit, offshore Tunisia. The El Mediouni-1 well (EMD-1) is located within the north central area of the Mahdi
In the first, Wood Group Kenny has begun a conceptual engineering study of two alternatives of pipeline heating systems for the Petrobras pre-salt Lapa field, water-heated pipe-in-pipe (WH-PiP) and electrically trace-heated pipe-in-pipe (ETH-PiP). The project aims to provide Petrobras and its partne
Shell announces further exploration success in Malaysia with another gas discovery at the Shell-operated deep-water Marjoram-1 well. “Our strategy to expand our heartland areas through technologically advanced exploration is delivering tangible success in deep-water in Malaysia,” said Andrew Brown,
McDermott International, Inc.announced that one of its subsidiaries has been awarded a fast-track fabrication contract by PC Ketapang II Ltd., a subsidiary of PETRONAS for the BTJT-A Jacket as part of the Bukit Tua Development Project in the Ketapang block of East Java, Indonesia. The contract is in
TGS announces acquisition of a 3D multi-client survey offshore Sierra Leone. The survey, Sierra Leone Block 4A Extension, will add 1,000 km2 of new 3D data to the existing 6,268 km2 of 3D data library in Sierra Leone. “This survey extends our current data coverage in an important and prospective are
Military Sealift Command oceanographic survey ship USNS Henson (T-AGS 63) collects and analyzes oceanographic data that is used to support U.S. Navy warfighters. Henson is a multipurpose oceanographic survey ship that conducts hydrographic, acoustic, oceanographic and bathymetric survey operations w
In September 2012, Ocean Networks Canada installed a community-based cabled seafloor observatory in Cambridge Bay, Nunavut—the first of its kind to be installed in Canada’s North. Each year, ONC teams travel to this northern hamlet for an important maintenance expedition to clean and upgrade the obs
Last week, the Cargo Transfer System (CTS), the latest innovation of the Ampelmann fleet, has been successfully tested. Besides the traditional Ampelmann gangway which provides safe people transfer, the CTS is equipped with a crane that allows safe cargo transfer from a moving vessel to any fixed or
CNOOC Limited announced that its Wenchang 13-6 oil field has started production. Wenchang 13-6 oil field, located in the west of Pearl River Mouth Basin with an average water depth of approximately 120 meters, is part of the Wenchang oil fields and shares the existing adjacent facilities for the dev
Hallin Marine, a Superior Energy Services company, announces the highly successful outcome of a unique project for COOEC Subsea Technology, a wholly-own subsidiary of COOEC (China Offshore Oil Engineering Company). This assignment involved the replacement of nine mooring lines beneath the floating p
GC Rieber Shipping delivered a solid results for the second quarter with a stable and good operations. Total fleet utilisation was 94 percent in the quarter, compared to 96 percent in the same period in 2013. The decrease is related to a planned yard stay for upgrading “Polar Marquis”, which was com
A new desktop tool which will allow offshore renewable energy developers to assess the likely impacts of their projects on marine mammal populations has been developed by scientists at the University of St Andrews and SMRU Marine, a university spin-out company. The tool – known as the Interim PCOD (
Santos announced a significant gas-condensate discovery at the Lasseter-1 exploration well in WA-274-P, located in the Browse Basin offshore Western Australia. The Lasseter-1 well is located approximately 35 kilometres east-southeast of Santos’ Crown discovery and 480 kilometres north-northeast of B
