Eni has completed post drilling studies on the Merakes-1 gas finding, located in the Indonesia deep offshore East Sepinggan Block, which indicates significant upside gas potential. Furthermore, the company has made a gas discovery offshore Libya. Eni is the operator of the East Sepinggan Block with
Royal Boskalis Westminster N.V. (Boskalis) has been awarded a contract from Compañía Insular Americana, S.A. to construct a second artificial island off the coast of Punta Pacifica in Panama City. This project follows the successful construction of the first island by Boskalis, which was handed over
The effects of underwater sound are an important environmental issue. This is clearly reflected by main policy developments in Europe and elsewhere in the World. Increasingly, developers and operators working underwater are being required to consider and manage underwater sound. The forthcoming WODA
Matrix Composites & Engineering Ltd (Matrix) has been awarded a number of new contracts totalling US$32.2m (AUD$41.82m) for the supply of drilling riser buoyancy. A number of contracts are for the supply of riser buoyancy to a shipyard whose client, a large offshore drilling contractor, has not used
Statoil has, on behalf of the Johan Sverdrup partnership, awarded a contract to ABB for land-based power supply to phase 1 of the Johan Sverdrup field. The contract value is around NOK 1.1 billion ($155 million), and covers delivery of electrical equipment for a converter station by the Kårstø proce
Odyssey Marine Exploration (OMEX) has signed a strategic financing agreement with Minera del Norte S.A. de c.v. (MINOSA) to facilitate Odyssey’s offshore mineral and resource exploration. Under the agreement, MINOSA will extend short-term, debt financing to Odyssey of up to $14.75 million. In additi
Faroe Petroleum has informed that Total E&P Norge has started drilling at the Shango exploration well 25/6-5S (Faroe 20%), in the Norwegian North Sea. The Shango prospect in Licence PL 627 (named Skirne East by the operator Total E&P Norge AS) is located on the northern part of the Utsira High appro
Water quality in the Ashtabula River and its tributaries has significantly improved since the water body was last tested in 2002, according to a new Ohio EPA report. Biological communities in the Ashtabula River have improved since the dredging of contaminated sediments and installation of habitat e
Subsea World News has put together a recap of the most interesting articles from the previous week (March 09 – March 15). Fugro said it received a writ of summons from Boskalis to force a shareholder vote at its annual shareholders meeting scheduled for April 30, 2015 on a recommendation in respect
Nexen, a subsidiary of China’s CNOOC and the operator of the Buzzard field in the UK North Sea, has informed that Buzzard has passed “a truly significant landmark by producing its 500 millionth barrel of oil.” According to the company The North Sea development which was discovered in 2001 has surpas
GDF SUEZ E&P UK Ltd and its co-venturers announced a new discovery in the UK Central North Sea. The 22/16-6 well on the Dalziel structure flowed at rates in excess of 8,000 barrels of oil equivalent per day. According to GDF SUEZ, the well is now being side-tracked to appraise the extent of this dis
Statoil Petroleum AS and Gassco AS have awarded the 2015 annual pipeline inspection contract to Fugro. The contract covers inspection of defined sections of subsea pipelines between Norway and continental Europe: Europipe 1, Europipe 2, Franpipe, Zeepipe and Norpipe. Inspection of pipeline sections
Flogas Britain, a supplier of LPG, LNG and alternative energy, said it has acquired Portal Gas Services from administrators KPMG. Portal Gas Services was part of T Baden Hardstaff Limited, a Nottinghamshire based business that entered administration last month. While T Baden Hardstaff Limited’s main
Flogas Britain, a supplier of LPG, LNG and alternative energy, said it has acquired Portal Gas Services from administrators KPMG. Portal Gas Services was part of T Baden Hardstaff Limited, a Nottinghamshire based business that entered administration last month. While T Baden Hardstaff Limited’s main
