The City of Ocean City, New Jersey has just announced that the town hall meeting on dredging will be held on Tuesday, August 25 at 7:00 PM at the Senior Center. Representatives from ACT Engineers will be present to provide an update on the dredging plan. Act Engineers will be able to provide full ti
Engineering company Monadelphous Group said it has been awarded a new three-year facilities maintenance services contract associated with the Barrow Island assets operated by Chevron.
Singapore-listed offshore EPIC contractor, Swiber Holdings, has reported lower core earnings as fewer contracts were executed for the second quarter ended 30 June 2015 (2QFY15). Pre-tax profit fell 81.3% to $2.2 million in 2QFY15 against $11.8 million previously. With the absence of foreign exchange
Otto Energy has encountered hydrocarbons shows at its exploration well, offshore Palawan in the Philippines, but the volumes appear to be sub-commercial. According to a partner in the project, Red Emperor Resources, the exploration well named Hawkeye-1 was drilled to the planned total depth of 2,920
The Norwegian Petroleum Directorate (NPD) has issued a drilling permit to VNG Norge AS for a wildcat well in the Norwegian Sea. VNG will use the Transocean Arctic semi-submersible drilling rig for the 6406/12-4 A exploration well in the Production licence 586. The well will be drilled after drilling
Subsea World News has put together a recap of the most interesting articles from the previous week (August 10 – August 16). Oceaneering’s UK subsidiary has, on August 7, completed the acquisition of a minority equity interest in Viper Subsea Technology. “There will be no change in the day to day man
The operator of the Shah Deniz field, the UK oil and gas major BP, has released a video showing the progress of the Shah Deniz Stage 2 project. According to BP, Shah Deniz Stage 2 is one of the largest gas developments in the world that will help increase European energy security by bringing Caspian
Det norske, an oil exploration and development company, is ramping up production on its Alvheim floating, production, storage and offloading (FPSO) vessel located in the Norwegian North Sea. According to the company’s press release, the first oil from the second well at Bøyla field flowed 28 kilomet
Indian Oil Corporation has reportedly awarded a tender for the supply of a single cargo of liquefied natural gas to BG Group.
Petronas’ exploration well in the Celtic Sea offshore Ireland, which the company is drilling through its subsidiary PSE Kinsale Energy, has been deemed a failure. According to its partner in the licence, Lansdowne Oil & Gas, drilling has reached target depth at the Midleton exploration well, in the
The process of removing the cofferdam separating the ocean waters from the Cocoli locks in the Pacific has begun. The process comes as the next step after the Panama Canal in late June began filling the Cocoli’s locks, on the Pacific side, following a similar and successful endeavor on the Atlantic
Norway’s Electromagnetic Geoservices (EMGS) has secured a new data licensing deal for the provision of 3D EM data from EMGS’ multi-client data library in the Barents Sea. According to the company’s Oslo Stock Exchange filing, the deal is worth USD 1.1 million. The company did not disclose the client
China LNG informed that its unit, China LNG Finance Leasing, entered into a framework cooperation agreement with Xinxing Heavy Industry (Tianjin) Technology Development in relation to cooperation in finance leasing of LNG-related equipment and other LNG-related projects.
San Diego-based Ocean Aero has signed a multi-million dollar two-year contract with the Department of Defense under the Rapid Innovation Fund (DoD RIF) program. Ocean Aero was selected to create a prototype Long Range Unmanned Underwater and Surface Vessel, similar to their current Submaran model. T
