Wood Group confirms that it has today completed its acquisition of Agility Projects AS. In July 2014, Wood Group reached an agreement with Agility Group to acquire Agility Projects AS, a Norwegian engineering, procurement, construction management, installation and commissioning company, for a total
Statoil has entered into an agreement with DNV GL to establish an industrial cooperation to introduce an international industry standard for subsea process technology. DNV GL will lead a joint industry project (JIP) with important subsea operators to find industrial standards which will make it more
The Australian Greens are calling for the Abbott Government to revoke its approval to dump dredge sludge in the Great Barrier Reef for the Abbot Point coal port, following reports the proponent is considering onshore disposal. “It’s appalling that the Abbott and Newman governments have ticked off on
Cochin Port, an all-weather natural Port located strategically close to the busiest international sea routes, has presented the “Outer Harbor Project”. Conceptual studies through IIT, Madras and CWPRS, Pune show that the development of an Outer Harbor is technically feasible. Cochin Port had prepare
The Airports Commission has announced its decision not to add the inner Thames estuary airport proposal to its shortlist of options for providing new airport capacity by 2030. Following detailed further study into the feasibility of an inner Thames estuary airport the commission has concluded that t
INPEX CORPORATION has announced that through its wholly-owned subsidiary, INPEX Offshore Northwest Sabah, Ltd. (INPEX Sabah), it has reached an agreement to transfer a 25% participating interest in the Deep-Water Block S to Santos, an Australian oil and gas exploration and production company. The Bl
The Petroleum Safety Authority Norway (PSA) has reported that the Rowan Viking jack-up drilling rig has received Acknowledgement of Compliance (AoC). An Acknowledgement of Compliance (AoC) is a statement from the Petroleum Safety Authority Norway expressing the authorities’ confidence that a petrole
Norway’s Simon Møkster Shipping has reported that, on the 29th of August, the newbuild PSV ‘Stril Luna’ was delivered from Astilleros Gondán S.A in Spain.
Vaalco Energy has announced that production from the Etame Marin block, offshore Gabon, has resumed after the successful completion of previously announced maintenance work on the company’s leased FPSO vessel “Petróleo Nautipa”. Work was performed to upgrade the fire and gas detection systems on the
Plexus Holdings PLC, owner of the proprietary POS-GRIP® method of wellhead engineering, has announced that BG International Ltd, a subsidiary of BG Group, has signed up as the sixth major oil and gas consulting partner to Plexus’ on-going Joint Industry Project. The JIP’s objective is to develop and
North Energy has signed a contract with Dana Petroleum Norway AS to acquire 18 per cent of PL 484 block located in the Norwegian Sea. Following this transaction, the partners in PL 484 will comprise of North Energy with 53 per cent, Noreco (operator) with 15 per cent, Dana Petroleum with 12 per cent
Ultra Deep Solutions (UDS) has entered a contract to build one Ultra Deep Installer – Multipurpose Diving Support Construction Vessel, with an option for second vessel with an established China-based shipbuilding company, Shanghai Zhenhua Heavy Industries (ZPMC). This is in line with their growth st
Lundin Petroleum estimates the Vollgrav South prospect to have the potential to contain unrisked, gross prospective resources of 57 million barrels of oil equivalent
The U.S. Environmental Protection Agency has announced that the first of nine environmental impairments, which caused the St. Louis River to be included on a binational list of Great Lakes Areas of Concern, has been lifted one year ahead of schedule. EPA Regional Administrator/Great Lakes National P
