Exxon Mobil Corporation is commencing development of the Julia oil field in the Gulf of Mexico. Capital cost for the project, which is expected to begin oil production in 2016, is estimated to be more than $4 billion. The field was discovered in 2007 and is estimated to have nearly six billion barre
Technip was awarded by Husky Oil Operations two contracts, with a combined substantial value, for the planned subsea tieback of the South White Rose Extension field. The field is an extension of the White Rose field, located in the Jeanne d’Arc Basin, approximately 350 kilometers southeast of St. Jo
Mechanical engineering group EnerMech announced at OTC in Houston that it has invested more than £13 million ($20.2m) as it steps up its drive to cement its presence in the US and Mexico. A recent move to a new 50,000 sq ft workshop, office and storage facility near to Houston’s Energy Corridor has
Nautilus Minerals Inc. (the “Company” or “Nautilus”) announces the release of its unaudited consolidated financial results for the first quarter ended March 31, 2013 (the “Financial Statements”) together with Management’s Discussion and Analysis. First quarter 2013 highlights: – Prospectus filed for
The Department of Transport, Tourism and Sport has been advised that a hydrographic and geophysical survey operation will be undertaken by INFOMAR off the south coast of Ireland between the 26th April and 4th June 2013. The RV Celtic Voyager (Callsign EIQN) is expected to carry out survey operations
The Department of Transport, Tourism and Sport has been advised by Shell E&P Ireland Limited that Umbilical Installation and associated works will commence along the route of the existing Corrib offshore gas pipeline. Works are due to commence on 8th May 2013, with near shore preparations in the day
Lockheed Martin has announced that it is working with Reignwood Group to develop an Ocean Thermal Energy Conversion (OTEC) pilot power plant off the coast of southern China. A memorandum of agreement between the two companies was signed in Beijing on Saturday. Following the ceremony, both companies
Scotland’s first graduate training programme for divers has been launched by diver training facility The Underwater Centre and Stork Technical Services (Stork), a global provider of knowledge-based integrity services for the oil and gas, chemical and power sectors. The Stork Dive Trainee Programme i
Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration & appraisal company, notes the announcement by Cairn Energy Plc (“Cairn”) that its wholly owned subsidiary, Capricorn Ireland Limited, has agreed with Chrsyaor and Sosina to farm in to Frontier Exploration Licence 2/04, Fr
GL Renewables Certification (GL RC) appoints Holger Trecksel as new Head of Department Marine Renewables. Wave and tidal energy is a promising realm of renewable energy. As technology advances, GL RC is providing expertise to designers, manufacturers, investors and insurers who are involved in the e
Royal Boskalis Westminster N.V., has been awarded a contract by Shell Philippines Exploration B.V. for the installation of an offshore Depletion Compression Platform for the Malampaya Project off the coast of Palawan Island, in the Republic of the Philippines. The contract includes seabed preparatio
Kvaerner reported operating revenues of NOK 2 907 million in the first quarter 2013. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 103 million, resulting in an EBITDA margin of 3.5 percent. At the end of the quarter, the order backlog totalled a record-high NO
The Lockheed Martin Marlin® Autonomous Underwater Vehicle (AUV) System is advancing subsea inspections for the oil and gas industry by providing faster, safer, economical, and more efficient inspections compared to using divers or tethered remotely operated vehicles. This content is available after
Talos Energy LLC, a privately held Houston-based oil and gas company, announced that its wholly owned subsidiary, Energy Resource Technology GOM, LLC. (“ERT”), has initiated production from the previously announced Green Canyon 237 #5 discovery, which is located in the Phoenix Field in Green Canyon
