Independent, international energy consultancy Xodus Group has been retained by MeyGen Ltd to provide further environmental support for a major tidal project in the Pentland Firth, Scotland. The initial contract for Phase 1 of the project, was awarded in March 2011 and is now valued at more than £450
GE Oil & Gas announced that it has received a £102 million (US$165 million) contract to supply production equipment to Chevron’s Lianzi project, situated offshore between Angola and the Republic of Congo. GE will provide a range of technologies to enable EPC (engineering, procurement and constructio
BP announced its financial results for the third quarter of 2012, reporting underlying replacement cost profit, adjusted for non-operating items and fair value accounting effects, of $5.2 billion. It also announced an increase in its quarterly dividend to 9c per share – an increase of 12.5 per cent
The Alfred Wegener Institute for Polar and Marine Research takes a leading role in preparing the formation of marine protected areas in the Weddell Sea. Yesterday the German Federal Ministry for Food, Agriculture and Consumer Protection published a press release, stating that the Bremerhavener insti
Primeline Energy Holdings Inc. announced that it has received confirmation of the approval of the petroleum contract for Block 33/07 (“Petroleum Contract 33/07”) from the Ministry of Commerce in China. As previously announced, Primeline and CNOC entered into a new petroleum contract for Block 33/07
Lundin Petroleum AB (Lundin Petroleum) through its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has received approval from the Norwegian Ministry of Petroleum and Energy of the Plan for Development and Operation (PDO) for the Bøyla field in PL 340, in the Norwegian North Sea. First produ
Endeavour International Corporation announced that the company has been awarded 7 new licenses, covering ten exploration blocks in the U.K. North Sea. The blocks, awarded in the 27th Licensing Round conducted by the Department of Energy and Climate Change (DECC), are located around Endeavour’s core
Siem Offshore and Stork Technical Services (RBG) Ltd. have entered into a charter agreement for one of Siem Offshore’s 2009-built Multi Role Service Vessel’s of MT 6017 Mk II design. The agreement is made at market terms and is for a firm period of two years from second quarter 2013, with two one-ye
Dolphin Geophysical commenced acquisition earlier this year of a 5,000km2 3D Multi-Client high-resolution, AVO friendly BroadBand, SHarp seismic survey which will be completed Spring 2013. This new BroadBand 3D survey in UK Quads 29 and 30 will provide data over a part of the basin margin that has b
As part of the European LIFE+ INDEMARES project, the Oceana Ranger has filmed this seamount off the shore of Almería (Spain) for three years. The analysis of the information obtained will be completed in 2013, and will serve to protect the area by means of its inclusion in the Natura 2000 network. T
BP has capped and plugged an abandoned piece of subsea equipment known as a cofferdam that is thought to be the source of a recently spotted surface sheen near the Mississippi Canyon 252 lease block in the Gulf of Mexico. The cofferdam is an 86-ton, steel container that was lowered over a leaking dr
Mermaid Maritime Public Company Limited announced that a new joint-venture company formed between Mermaid and a local offshore services operator has secured a significant long term offshore inspection, repair and maintenance services contract with a reputable client whereby Mermaid will provide a su
Statoil has been awarded shares in 7 exploration licences on the United Kingdom Continental Shelf (UKCS). The company is operator for 2 of these, and expects this number to increase when the blocks pending environmental assessment are awarded. The licences which were awarded by the UK authorities ar
Seacat Services, the class leading vessel transfer operator, has announced that Resolute, its latest 24-metre, class-certified workboat, has been contracted to Greater Gabbard Offshore Wind Limited, to work at the Greater Gabbard and Galloper offshore wind farms. With growing pressure to deliver a s