BP announced the start-up of Na Kika Phase 3, a project supporting BP’s strategy of growing high-margin production at four BP-operated hubs in the deepwater Gulf of Mexico. The first Na Kika Phase 3 well began oil production on February 19, with a second well expected to start up in the second quart
Fortum has signed a leasing agreement with the UK-based Wave Hub in order to test wave power solutions off the coast of Cornwall. The agreement provides Fortum with a new opportunity to rapidly deploy advanced, full-scale wave power converters in ocean conditions. Fortum believes that a transition t
CAMAC Energy Inc. closed the acquisition of the remaining economic interests that it did not already own in the production sharing contract covering Oil Mining Leases 120 and 121 (“OMLs”) offshore Nigeria, which include the currently producing Oyo Field, from Allied Energy Plc (“Allied”). CAMAC Ener
The award-winning, pre-consented, 2.8km2 marine renewable energy test site, FaBTest, located within Falmouth Bay, Cornwall, has experienced the largest waves since recording begun in 2012. During January and February 2014 alone, the wave buoy maintained by the University of Exeter regularly measured
The National Institute of Oceanography (NIO), a constituent laboratory of the Council of Scientific and Industrial Research (CSIR), has been awarded a Rs.17.94 crore project by the Oil and Natural Gas Corporation (ONGC), India’s largest public sector petroleum company, to collect geophysical data fr
Adriatic Oil Plc, an international oil and gas exploration company, has decided to relinquish Seaward Production Licence P1921 containing Blocks 12/18 and 12/19c in the Inner Moray Firth, UK North Sea, following an evaluation. The Evaluation, which was fully funded by Adriatic, included re-processin
The Bureau of Safety and Environmental Enforcement (BSEE) completed an unannounced oil spill response exercise involving Freeport McMoRan Oil & Gas. The exercise occurred in BSEE’s Gulf of Mexico Region and included the deployment of response equipment under contract to Freeport-McMoRan. The purpose
Saipem has won new Engineering & Construction offshore contracts in Indonesia and in the Republic of Congo, for a total amount of approximately $520 million. In Indonesia, Eni has awarded a consortium led by Saipem the EPCI contract for a new built barge Floating Production Unit (FPU) for the Jangkr
The PGS M/V Ramform Titan has completed a 3D seismic survey over the Cretaceous Hersilia Fan complex within FOGL’s Northern Area Licences. A total of 5,747 square kilometers of full fold seismic data have been acquired. This survey was designed to target a number of prospects and leads including Her
GC Rieber Shipping had good underlying operations in the fourth quarter, and the company shows a solid result for 2013. Total fleet utilization was 90 percent in the quarter, down from 96 percent in the corresponding period last year. The change mainly relates to rebuilding of the vessel “Polar Marq
Providence Resources P.l.c., plans to start a major 3D seismic programme in co-operation with Polarcus, subject to statutory assessment, in the southern Porcupine Basin, offshore south-west Ireland. This non-exclusive multi-client survey, which is planned to commence this summer, will cover the deep
Njord Offshore will add a 26m Damen 2610 Twin Axe crew transfer vessel (CTV) to its fleet this month, the company informed today. The new CTV, named Njord Alpha, will bring additional load lugging capability and excellent ride comfort for the further offshore wind farms. Njord Offshore worked with D
The UK MoD’s Salvage and Marine Operations team (S&MO) invites tenders the removal of oil from the shipwreck of the World War II tanker, “RFA Darkdale”. The tanker which sank in 1941 and now lies submerged in 45m of water off the South Atlantic island of St Helena, is believed to contain up to 5,000
Sif Group in the city of Roermond is working on the production of 43 steel foundation piles for the Eneco Luchterduinen Wind Farm. Ultimately, these piles will be installed 23 kilometres off the coast between Noordwijk and Zandvoort. What makes these foundation piles special is the fact that the win
