Stone Energy Corporation announced exploration discoveries at its deep water Amethyst and deep gas Tomcat prospects. Stone operates and owns a 100 percent working interest in both discoveries. The deep water Amethyst exploration well in Mississippi Canyon block 26 encountered approximately 90 feet o
Malaysia-based international offshore oilfield services provider Bumi Armada Berhad released its financial results for the year ended 31 December 2013. Net profit for the year increased by RM45.4 million to RM431.2 million from the RM385.8 million recorded in the previous year. Bumi Armada also post
Dolphin Group released fourth quarter and preliminary full year 2013 results. Dolphin Group reported poor results in Q4 2013. Compared to Q4 2012 revenues of USD 75.5 million, Q4 2013 revenues are down to USD 38.8 million. Recorded EBITDA was USD 3.4 million, compared to USD 26.5 million in Q4 2012.
Bibby Offshore Singapore (BOS) has successfully completed a call out contract with PTT Exploration & Production Co Ltd (PTTEP). The project involved a short notice mobilisation, and saw the BOS-operated DP2 ROV Support Vessel, the Bibby Spring perform subsea inspection services to PTTEP’s Bongkot Fi
Salamander Energy repaired the damaged risers at the Bualuang field and production has resumed. Production from the Bualuang oil field had been temporarily shut in due to damage inflicted on the risers during bad weather in January. The Company also informed that it has reached an agreement for a ne
Oceaneering International, Inc. reported record fourth quarter and annual earnings for the periods ended December 31, 2013. For the fourth quarter of 2013, Oceaneering earned net income of $93.4 million, or $0.86 per share, on revenue of $894.8 million. During the corresponding period in 2012, net i
BGP Seismic Vessel SRV Challenger has just completed a 2D seismic survey for a major international oil company offshore Madagascar on early February 2014 with acquisition of approximately 2,700 km. Within two years, BGP Challenger has shoot more than 21,986 km of 2D seismic survey offshore Madagasca
Marin, the deepwater specialists, have officially opened a subsea base in Belle Chase, Louisiana. Marin has expanded its subsea business by establishing a base in the Gulf Coast. The objective is to support clients in the areas of deepwater excavation, claycutting and route preparation. The recent a
Dana Petroleum has released an update about the Fregate-1 exploration well being drilled in Block 7, offshore Mauritania. The well is being plugged and abandoned at a depth of 5,426m MD BRT. The well discovered gas-condensate and oil pay in multiple thin, but good quality sands within the Lower Corm
Thiess delivers a major milestone for Saipem Australia, principal contractor for the Santos GLNG Gas Transmission Pipeline Project by successfully tunnelling under “The Narrows” off Gladstone to connect Curtis Island with the mainland. The 4.3 kilometer undersea tunnel has provided a conduit for ins
Providence Resources provides an update on Standard Exploration Licence (SEL) 1/11 which contains the Barryroe oil field, operated by Providence Resources (80%) on behalf of its partner Lansdowne Oil & Gas (20%). The area lies in c. 100 meter water depth in the North Celtic Sea Basin off Co. Cork, I
Japan Agency for Marine-Earth Science and Technology (JAMSTEC) and European Consortium for Ocean Research Drilling (ECORD) signed a memorandum of understanding (MoU) for scientific ocean drilling in the Chikyu Program. The Chikyu Program is developed under the International Ocean Discovery Program 2
Ecosse Subsea Systems Ltd (ESS), a Scottish subsea technology company, has been awarded a £5 million contract to design, build and operate a cable-lay system for a European utilities provider, which remains unnamed for now. ESS will support the array cable lay and pull-in component of a wind farm pr
Subsea technology firm, Ecosse Subsea Systems Ltd (ESS), has been awarded a £5 million contract to design, build and operate a cable-lay system for a European utilities provider. The Scottish-based company will support the Array Cable Lay and pull-in component of a wind farm project located off the
