Ezra Holdings Limited (“Ezra”, the “Group”), a leading global offshore contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, announced four contracts totaling close to US$120 million. The contracts will be carried out in the Gulf of Mexico, West Africa and the P
Petrofac announces that Petrofac Emirates, its Joint Venture with Mubadala Petroleum, has been awarded a contract by Zakum Development Company (ZADCO) for the Upper Zakum, UZ750 field development in Abu Dhabi. The contract is worth approximately US$3.7 billion and has been secured by Petrofac Emirat
As DEME is moving forward with the construction of two Belgian wind farms, GeoSea has secured two new contracts: Westermost Rough in the UK and Borkum Riffgrund 1 in Germany. A new contract secured in the United Kingdom (UK) concerns a job for the Danish company DONG Energy, the largest operator of
The Department of Transport, Tourism and Sport has been advised that a hydrographic and geophysical survey operation is currently being undertaken by INFOMAR1 for the Sustainable Energy Authority of Ireland (SEAI) off the Clare coast. The survey operaton started on 6th April and will continue throug
Bibby Remote Intervention Limited (BRIL) has successfully secured a contract with the potential of a seven year commitment. Centrica Energy has awarded a three year contract with two, two year extension options, worth up to £40million. It is the largest Inspection, Repair & Maintenance (IRM) contrac
Virginia Tech College of Engineering researchers have unveiled a life-like, autonomous robotic jellyfish the size and weight of a grown man, 5 foot 7 inches in length and weighing 170 pounds, as part of a U.S. Navy-funded project. The prototype robot, nicknamed Cyro, is a larger model of a robotic j
Huawei Marine Networks Co. Ltd. (Huawei Marine) announces first profitable year. Although a relatively new supplier with large investment plans in the early years, Huawei Marine achieved breakeven at the end of 2012 after only four years of operation, passing a huge internal milestone. Huawei Marine
Matrix Composites & Engineering (Matrix) announces that it has entered into an agreement with Allseas for the supply of rigid pipeline installation buoyancy for the Chevron-operated Wheatstone Project in Western Australia. The agreement will aid in sustaining the local manufacturing industry and sup
Aker Solutions has won a contract to provide hook-up, commissioning and facility management services to Premier Oil at the operator’s Solan field development, west of Shetland. The hook-up project will see two subsea production and two subsea injection wells tied back to a fixed production platform
Fastnet Oil & Gas plc the E&P company focused on near term exploration acreage in Morocco and the Celtic Sea, announced that an independent assessment of the Company’s prospective resources on licensing option 12/5 (“Shanagarry” or the “Licensing Option”) has been completed by SLR Consulting. Fastne
Tidal Lagoon (Swansea Bay) Plc has launched a £10m investment offering, providing private investors with a tax efficient opportunity to back the development of the UK’s largest tidal range power project based in Swansea Bay. A further local community share offering will be launched within the next f
Ophir provides an operational update on the Company’s drilling programmes in Blocks 1-3-4 in Tanzania and the Accra Block in Ghana. Ophir holds a 40% working interest in Tanzania Blocks 1-3-4 and a 20% interest in the Ghana Accra Block. Highlights: · Ophir management increases estimate of Jodari fie
EnerMech’s continuing success has been further boosted with an additional £20 million funding from Lloyds Bank Commercial Banking in Aberdeen. The latest tranche of funding will support EnerMech’s organic growth initiatives and will also assist in funding a number of acquisitions the Aberdeen mechan
FoundOcean has successfully grouted jacket and template structures in all energy producing areas of the world since 1974. Successful structural grouting relies on project preparation, experienced engineers and attention to detail during every stage of the project. FoundOcean understands that every p
