Keppel Corporation Limited (Keppel Corporation) has today announced the formation of Ocean Mineral Singapore Pte. Ltd. (OMS), which intends to explore for polymetallic nodules several kilometres beneath the ocean’s surface. Polymetallic nodules contain copper, nickel, cobalt and manganese, as well a
CNOOC Limited announced that Weizhou 6-12 oil field has recently commenced production. Weizhou 6-12 oil field is located in Beibu Gulf Basin in the north part of the South China Sea with an average water depth of about 29.2 meters. The project has 10 producing wells and is expected to hit its peak p
Prysmian Group, world leader in the energy and telecom cable systems industry, has been awarded a new contract worth approximately 85 million euro by REE (Red Eléctrica de España, S.A.U.), the Transmission System Operator of the Spanish electricity system, for the second circuit of the interconnecti
FMC Technologies Schilling Robotics, a manufacturer of work-class ROVs and manipulator arms, has presented a video of HPU Auxiliary Pump Change. The Company has implemented a 60 min maintenance time frame for all major subsystems on an ROV. On average, this results in a 6 to 1 improvement in mainten
Island Offshore, a leading name in global Light Well Intervention (“LWI”) activities, has been awarded a major contract extension with BP Exploration Operating Company Ltd (“BP”), one of the world’s most respected international energy companies. The two-year contract extension, covering 2014 and 201
BMT ARGOSS (BMT), a subsidiary of BMT Group, has recently completed a comprehensive evaluation of meteorological and oceanographic environmental conditions for the Martin Linge field in the Norwegian sector of the northern North Sea. BMT’s assessment also included the installation routes of associat
Eni was awarded a deepwater exploration block (Block 9) in the Eastern Mediterranean of Egypt within the EGAS 2012 International bid round in Cairo (Egypt). Through its fully owned affiliate, IEOC, Eni will act as Operator of Block 9 with 100% equity. Block 9, also named Shorouk Offshore, which cove
SeaBird Exploration Plc (“SeaBird”) will, in partnership with GeoPartners Ltd (“GeoPartners”), commence a project offshore Namibia. The 2D acquisition program is of approximately 4,700km and will be acquired using the survey vessel Osprey Explorer currently in transit to Walvis Bay. Commencement is
Saipem has been awarded new E&C Offshore contracts in Latin America for the total value of approximately $500 million. In Venezuela, Saipem signed with Cardon IV, a 50/50 joint-venture between Eni and Repsol, T&I contracts for the development of the Perla EP Project, in the Gulf of Venezuela. The sc
Alstom Grid has successfully delivered the offshore substation platform for the Trianel wind farm Borkum in the German North Sea, and handed it over to Trianel Windkraftwerk Borkum GmbH & Co. KG. The offshore installation of the substation, manufactured in Bremerhaven, northern Germany, was complete
Baker Hughes announced that it participated in the first successful marine methane hydrate production test well offshore Japan on March 12, 2013. The test was conducted from a drill ship for the Japan Oil, Gas and Metals National Corporation (JOGMEC) in the Nankai Trough, approximately 60 km off the
Octanex N.L. advises that the Kokako 3D seismic survey, that is located within and adjacent to PEP 53473 (Permit) in the offshore Taranaki Basin, has been completed. The Company’s 50% interest in the Permit is held by its wholly-owned subsidiary, Octanex NZ Limited (Octanex NZ). New Zealand Oil & Ga
DeepOcean UK, a subsidiary of DeepOcean Group Holding BV, today announced that it has acquired a 50% interest in the leading 3D sonar visualisation company ADUS to form ADUS DeepOcean Ltd. ADUS, originally a spin out from the University of St Andrews and Dundee University, has rapidly acquired a glo
Octanex N.L. advises that a second 3D seismic survey has commenced in another of the Company’s offshore Taranaki Basin permits, PEP 52593 (Permit). The survey, named Karoro, is planned to acquire approximately 299km2 of new 3D data from within and adjacent to the Permit. The Karoro survey follows on
