NSP Maritime Link Inc. (NSPML), an Emera Company and an affiliate of Nova Scotia Power, applied to the Nova Scotia Utility and Review Board (UARB) for approval of the Maritime Link Project at a capital cost of $1.52 billion. The Project is a 35 year investment equal to 20 percent of the total cost [
The Agency for Natural Resources and Energy (ANRE) will conduct the world’s first offshore production test to dissolve methane hydrate and extract natural gas off the coast of Japan, from Atsumi Peninsula to Shima Peninsula (Daini Atsumi Knoll). To conduct the offshore production test, the Deep Sea
Alcatel-Lucent and América Móvil, S.A.B. de C.V. (“América Móvil”), the leading wireless services provider in Latin America, are actively constructing América Móvil 1, which will be the world’s first 17,500km submarine cable system specifically designed for 100Gigabit per second (100G) transmission.
Sociedade Nacional de Combustíveis de Angola (Sonangol E.P.), as the concessionaire, BP Exploration Angola, as the operator, and the partners of Block 31, announced that production from the PSVM development area in Block 31, offshore Angola, has started. Initial production comes from three productio
Wood Group Kenny has been awarded an $8.6 million contract by INPEX Masela, Ltd. (INPEX), a subsidiary of INPEX CORPORATION, to carry out the front end engineering and design (FEED) of the major subsea production facilities for the Abadi LNG (liquefied natural gas) project in Indonesia. The Abadi LN
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces that further results from the Rodriguez exploration well in PL475 (6407/1-6S) (Faroe 30%) have confirmed a sign
The Crown Estate is launching plans to conduct a new research study that will explore how the Pentland Firth and Orkney waters wave and tidal projects can proceed in harmony with local fishing activities, ensuring that local communities benefit from both industries. This study will be conducted in p
Hidden beneath ocean waves and masked by sand and mud on the seafloor, underwater faults are notoriously difficult to see and even more difficult to study. As a result, geologists struggle to evaluate the risks associated with these faults and often can’t include them in seismic hazard assessments.
CNOOC Limited today announced a summary of the Company’s business strategy and development plan for the year 2013. The Company’s net production target of 2013 is in the range of 338 to 348 million barrels of oil equivalent (BOE), while the net production for 2012 is estimated to be 341 to 343 millio
Larsen & Toubro (L&T) signed a contract with PETRONAS Carigali Myanmar (Hong Kong) Limited in Yangon, Myanmar for executing an offshore engineering, procurement, construction, installation and commissioning project valued at over USD 100 million. The order enlarges L&T’s footprint in the competitive
Despite the slow start of New Jersey offshore wind project, the developers are moving forward with the plan to transmit the electricity generated by giant turbines, Philly.com news site reports. The Atlantic Wind Connection developers rely on political support for the installation of subsea cables l
Tugs FAIRMOUNT SUMMIT and FAIRMOUNT ALPINE have delivered the new build Noble Tamar jacket at location in the Tamar gas field in the Eastern Mediterranean. Both tugs towed the barge on which the jacket was loaded from the US to the field South-East of Cyprus. The 18,500 ton jacket was build in the U
BP announced that the US District Court for the Eastern District of Louisiana has accepted the company’s plea resolving all federal criminal charges against the company stemming from the Deepwater Horizon accident, oil spill, and response. The company offered its plea to the Court and was sentenced
Aker Solutions has been awarded the second call-off project under the Sleipner Modification Portfolio Agreement, involving the tie-in of gas production from Dagny. Contract value is NOK 650 million and the work will commence immediately. The contract involves modification work on Sleipner A. In more
