AGR has been awarded a new Well Management Services Contract by OMV (Norge). The Contract also covers delivery of other Drilling and Well Engineering services for complete well construction. The Contract is for three years with the option of two further years. AGR has previously worked with OMV on t
Faroe Petroleum, an independent oil and gas company focusing principally on exploration, appraisal and production opportunities in Norway, the Atlantic margin and the North Sea, announced a gas and condensate discovery in the Solberg well in the Norwegian Sea (Faroe 20%). The Solberg well 6407/1-7 c
McDermott International, Inc. (“McDermott”) announces the successful installation of the P-61 Tension Leg Wellhead Platform (“TLWP”) for the PPT BV Joint Venture, consisting of Petrobras and Chevron. Once fully commissioned and operational, the project will enter the record books as the first use of
Ocean Shield, a vessel searching for the missing Malaysia Airlines flight MH370, detected two new signals after the first two detected on April 05. The Authorities believe that the pings discovered in the Southern Indian Ocean are coming from the aircraft’s black box flight data recorders. As BBC re
Two recently consented offshore wind farms in the outer Moray Firth will bring economic prosperity to the Moray area, especially through the use of Buckie Harbour, local parliamentarians say. There are significant opportunities for Moray through development of Buckie Harbour as an Operations and Mai
James Fisher Nuclear (JFN), a provider of marine and engineering services, has added another SeaBotix vLBV to their equipment fleet. JFN has been using a vLBV, with key components coated in a specialized (Cerakote) protective layer, to withstand high pH conditions within the FGMSP (First Generation
IHC Merwede successfully increased its order book in 2013 across the main sectors of its business: offshore and dredging. The company received almost € 1.8 billion worth of new orders in the past year. At the end of 2013, the order book was valued at over € 1.7 billion, which is the equivalent of a
Spectrum has started acquisition of the Phase 2 broadband 2D seismic survey in the Barents Sea Fingerdjupet-Hoop area. A minimum of 4,600 km will be acquired using the vessel Lazarev from SMNG. This is a continuation of the 2,226 km Phase 1 survey acquired last year. Rock property products for litho
The Arctic Research and Design Center (a joint venture of Rosneft and ExxonMobil) have organized The Kara-Winter-2014 Expedition, with expert support from the Arctic and Antarctic Research Institute Federal State Budget Institution. This is going to be the largest ice expedition by the sea area cove
The Minister for Industry Ian McFarlane has formally released the latest offshore petroleum exploration areas at the annual Australian Petroleum Production and Exploration Association (APPEA) conference being held in Perth. Minister McFarlane announced that 30 areas in ten hydrocarbon provinces woul
AWE Limited has been awarded a new exploration permit offshore Western Australia, WA-497-P (formerly release area W13-18), as part of the Australia 2013 Offshore Petroleum Exploration Acreage Release. The permit covers an area of 560km2 in water depths ranging from 150m to 500m and is located in the
EOC Limited (EOC or the Group), a provider of offshore accommodation, construction and production vessels and services to the oil and gas (O&G) sector, has reported a sharp increase in its net attributable profit to US$44.0 million for the second quarter ended 28 February 2014 (2QFY14) from US$1.4 m
Dolphin’s new high-capacity 3D seismic vessel, Sanco Sword, is in full seismic production with 12 seismic cables of 7 km length on the Gotha North and Gotha East Multi-Client surveys in the Barents Sea. The prospective Gotha survey areas are planned and designed together with local area operators, w
Aker Solutions won a contract worth more than USD 300 million from Petrobras to supply eight manifolds that alternately inject water and gas to increase oil recovery from Brazil’s deepwater offshore fields. The subsea manifolds, designed for water depths of 2,500 meters, will be installed by Petrobr
