Antrim, an international oil and gas exploration and production company headquartered in Calgary, Canada, today announced that the UK Department of Energy and Climate Change (“DECC”) has approved the Field Development Plan (“FDP”) for the Causeway Field in the UK North Sea Block 211/23d. Antrim hold
Hyperdynamics Corporation today announced it has resumed drilling operations on the Sabu-1 exploration well in its concession offshore the Republic of Guinea in West Africa. Drilling recommenced from a point 1,440 meters subsea and is planned to continue to a total depth of 3,600 meters. Hyperdynami
The telecommunications service provider du has reported that one of the two under-sea cable cuts reported earlier this week, was fixed and connection is renewed. “We are happy to report some updates on the cable cuts matter as we received a confirmation from operators of SMW3 that the cut has been r
Endeavour International Corporation announced that its subsidiary, Endeavour Energy UK Limited, has entered into a purchase and sale agreement to acquire ConocoPhillips’ interest in three producing U.K. oil fields in the Central North Sea for $330 million, including approximately $94 million of tax
Otto Energy Ltd announces that it has executed the final farm‐in agreements supporting BHP Billiton’s earlier decision to enter into Service Contract 55, Offshore Palawan, Philippines. The execution of the final documents follows the previously announced decision by BHP Billiton to exercise their fa
SBSS DPII vessel Bold Maverick successfully completed a diving support work for an E&P project of Total in Sisi Nubi field, Balikpapan, Indonesia in Nov/Dec 2011. In this work, Bold Maverick was chartered by Hallin Marine to support saturation diving operation for offshore platform debris removal. T
Catalist listed, IEV Holdings Limited announced that it commenced a second turnkey decommissioning project for an established oil and gas operator in Malaysia, in an addition to the one secured earlier in June 2011. This is pursuant to the receipt of an award of contract by its 30% associate, IEV (M
Polarcus Limited announces that the Company has received a Letter of Award from an undisclosed client for a 3D seismic acquisition project offshore Greenland. The project will commence in July 2012 and is expected to run for approximately 70 days. About Polarcus Polarcus is a pure play marine geophy
Statoil and its partners are considering developing the Skrugard discovery in the Barents Sea by means of a floating production unit with the additional capacity to process and transport from other prospects in the area. A feasibility study has identified a technical and commercial solution for the
Tamares Telecom Ltd. is installing a third undersea cable connecting Israel and Cyprus. An additional undersea cable that will connect Israel with the world, should significantly improve competition and the telecoms market. With the third undersea cable, if the earnings mainly stay with the communic
INPEX CORPORATION announces that through its wholly owned subsidiary INPEX Alpha, Ltd., it has made the final investment decision on the Coniston oil field. Coniston is located in the Coniston Unit , which is the unitization area of parts of WA-35-L (excluding the Van Gogh Defined Area) and WA-44-R
Residents and businesses using du’s Internet services can expect slower speeds after two international undersea cables carrying… (khaleejtimes) [mappress] Source: khaleejtimes , December 27, 2011
Cairn Lanka Limited, a wholly owned subsidiary of Cairn India Limited, has successfully completed the first phase of the exploration campaign in Sri Lanka Block SL-2007- 01-001. The exploration programme involved the acquisition, processing and interpretation of 1,753 sq km of 3D seismic data and a
The Libyan International Telecom Company (LITC) announced the activation of the new enhanced submarine cable system connecting Libya and Italy. System uses the newest technologies to provide large capacities reaching 40Gbps instead of the old system (2.5 Gbps). The activation of this system will hel
