EMGS has received a Letter of Intent for a contract totalling approximately 6 months of 3D EM data acquisition in Asia. Final confirmation and award of the program is dependent on the customer’s internal Tender Board approval. It is expected that the 3D EM survey program will be performed using the
Brazil’s President Dilma Rousseff has now authorized the long-awaited licensing Round 11 which will be held in May 2013. During his announcement, made on January 10th, The Minister of Mines and Energy, Edison Lobão anticipated that the round will contain all but 2 of the blocks previously announced.
Some 20 per cent of the UK’s present demand for electricity could be met by tidal energy. Scientists at the National Oceanography Centre and the University of Liverpool have developed a tidal model to examine the scope for reliable and predictable electricity generation from UK coastal waters. Detai
Lansdowne Oil & Gas, the North Celtic Sea focussed, oil and gas exploration company, announces the following update regarding additional technical studies on its portfolio in the North Celtic Sea Basin, offshore Ireland. Highlights: · Seismic inversion fluid anomalies identified and interpreted as g
As part of the Awards in the Predefined Areas (APA) round for 2012 Eni Norge has been awarded operatorship in PL 697 and partnership in PL 696 in the Barents Sea, as well as partnership in PL 091 D in the Norwegian Sea. This award confirms Eni Norge’s long term strategy for the Barents Sea. [&hellip
Abu Dhabi National Energy Company PJSC (TAQA) has begun the process of restoring the flow of an estimated 80,000 barrels per day (bpd) of crude oil in the Brent pipeline system following a precautionary shutdown on Monday. The pipeline system, which is operated by TAQA and runs through the Cormorant
Forum Energy Technologies, Inc. announced that, based on currently available information, the company now expects full year 2012 earnings per diluted share of $1.72 to $1.74. This is below the company’s previous guidance range of $1.83 to $1.88. The company indicated the reduction in the expected ra
Wood Group PSN (WGPSN) has secured a US$50 million contract with Nexen Petroleum UK Limited to carry out the hook-up and commissioning of the Golden Eagle Area Development (GEAD) project in the UK North Sea. The Golden Eagle field will be developed using two platforms – a wellhead platform and a pro
Abu Dhabi National Energy Company PJSC (TAQA) has concluded the planned reduction of non-core personnel from the Cormorant Alpha platform in the northern UK North Sea following the detection of hydrocarbons in one leg of the platform. There were 159 people on board when the incident was discovered o
A submarine cable between the two sides of the Taiwan Straits is set to open on Friday, China Daily quoted a Chinese mainland spokesman. According to Yang Yi, the spokesman of the State Council Taiwan Affairs Office, the construction of the cable linking the city of Fuzhou of Fujian province on the
Specialist oil firm Opus has secured a £70,000 study contract in Australia to help a major oil company maximise its operations while meeting environmental targets. Opus, with headquarters in Guildford in Surrey and test/development facilities in Flotta in Orkney, has been given the go ahead to carry
Welaptega Marine has been awarded a mooring inspection and “fitness for purpose evaluation” on Dhirubhai-1 floating production storage and offloading (FPSO) facility located in the Bay of Bengal, off the eastern coast of India. The client is Aker Floating Production. “This is a comprehensive fitness
Atlantic Wind Connection announced that New Jersey has been selected as the first phase for its multi-year offshore wind transmission project. This phase of the project is called the New Jersey (NJ) Energy Link. The selection was based on New Jersey’s commitment to developing an offshore wind indust
Lundin Petroleum AB (“Lundin Petroleum”) announces that its wholly owned subsidiary Lundin Norway AS has been awarded seven exploration licence interests in the 2012 Norwegian Licensing Round (Awards in Predefined Areas, APA). The awarded licences include four licences in the North Sea, two in the N
