Mubadala Petroleum has informed that the first three development wells in the Manora Oil Development, in the Northern Gulf of Thailand – MNA-01, MNA-02 and MNA-03 – have now been completed. Mubadala Petroleum is the operator of the Manora Oil Development joint venture and Tap Oil Limited has 30% int
KrisEnergy Ltd. has chartered the Rubicon Vantage FSO vessel and a catenary anchor leg mooring (“CALM”) buoy for utilisation on the Wassana oil development in the G10/48 licence area in the Gulf of Thailand. The Wassana field is anticipated to start production in the second half of 2015. The Rubicon
Subsea World News has put together a recap of the most interesting articles from the previous week (October 20 – October 26). FMC Technologies has reported third quarter 2014 revenue of $2.0 billion, up 15 percent from the prior-year quarter ($1.7 billion). Diluted earnings per share were $0
Boskalis and Van Oord Confirm New Suez Canal Gig Royal Boskalis Westminster N.V. (Boskalis) and Van Oord have officially confirmed that a consortium consisting of Boskalis, Van Oord, National Marine Dredging Company (NMDC) of Abu Dhabi and Jan de Nul (Belgium) has won a major contract from the [&hel
VAALCO Energy, Inc. has entered into the Subsequent Exploration Phase (“SEP”) on Block 5 offshore Angola. VAALCO has entered the SEP together with its working interest partner, Sonangol P&P, as provided for in the Production Sharing Agreement signed in 2006 with the Republic of Angola, the company e
Nevsky Shipyard and the Direction of State Contractor of Marine Transport Development Program have signed a contract for the construction of 4 multipurpose small-draft salvage vessels of MPSV12 project. Nevsky Shipyard got the right to conclude the given contract having won the open competitive tend
Great Lakes Dredge and Dock Company of Oak Brook, Illinois, a few days ago started a major shoreline protection project in the City of Tybee Island. The project was officially opened with a Sand Throwing Ceremony on the beach side of Marlin Monroe. Tybee Island beach renourishment project was jointl
Marine Ecological Surveys Ltd (MESL) has conducted a benthic characterisation survey for the Torr Head Tidal Array development off of the north coast of County Antrim, Northern Ireland on behalf of Tidal Ventures Limited. Tidal Ventures is a joint venture partnership between Brookfield Renewable Ene
CNOOC Limited has made a mid-to-large new discovery Jinzhou 23-2 in Bohai, China. Jinzhou 23-2 structure is located in the north part of Liaodong Uplift of Bohai with an average water depth of about 10 meters. The well Jinzhou 23-2-3 is drilled and completed at a depth of 1,097 meters and encountere
OneSubsea™, a Cameron and Schlumberger company, has signed a 10-year global frame agreement with BG Group to supply subsea production equipment and aftermarket services. By adopting OneSubsea’s unique integrated solutions capabilities, the agreement establishes a framework for BG to pursue a standar
The Florida Department of Environmental Protection has committed $425,000 to the city of Aventura for a restoration project to reduce pollutants reaching the northern portion of Biscayne Bay. The project will connect two storm sewer networks to reduce flooding in the area and will also install exfil
The U.S. Army Corps of Engineers has received bids for the long awaited beach replenishment project that includes the southern end of Ocean City and all of Ludlam Island, encompassing the entire shorefront of Strathmere and Sea Isle City. The apparent low bidder was Great Lakes Dredge and Dock Compa
Riverstone Holdings and Proserv, based in Aberdeen, Scotland, have signed a definitive agreement pursuant to which Riverstone Global Energy and Power Fund V, L.P., in partnership with Proserv management, has agreed to acquire 100% of the shares of Proserv. David Lamont, chief executive officer (CEO)
BW Offshore has chosen DNV GL to provide classification, verification and certification services for the Catcher FPSO being deployed in the UK North Sea. DNV GL is already providing similar services to 70% of the FPSOs on the UK shelf and has delivered all the newbuild FPSOs to the sector since 2000
