Benthic, a global geosciences company, has been awarded a contract by Woodside Energy Ltd to undertake an offshore geotechnical site investigation for the proposed Browse Floating Liquefied Natural Gas Development off the North West coast of Western Australia. The survey will assist with further und
A dredging project for Resorts World Bimini’s (RWB) major resort development on Bimini has been allowed by The Bahamas Supreme Court last week. As the Nassau Guardian reports, the Court discharged the Privy Council prohibition of the project. The prohibition lasted until RWB got all the permits for
Karoon has entered into a binding Sale and Purchase Agreement with Origin Energy Limited for the sale of the Company’s 40% equity interest in Browse Basin exploration permits WA-315-P and WA-398-P for up to $800 million. Under the terms of the Agreement, the consideration payable to Karoon is struct
Marathon Oil Corporation has entered into a definitive agreement with Det norske oljeselskap ASA under which Det norske will purchase Marathon Oil’s wholly owned subsidiary, Marathon Oil Norge AS, for a total transaction value of $2.7 billion. After adjustment for debt, net working capital and inter
Swiber Holdings Limited has clinched an Engineering, Procurement, Installation and Construction contract in Latin America for subsea development work including pipeline tie-in work, with an aggregate value of $80 million. The project will start immediately and is expected to complete in 2015. Earlie
Seadrill Limited has secured a contract with Total Upstream Nigeria Ltd for employment of the newbuild ultra-deepwater drillship West Jupiter, in support of the EGINA ultra-deep offshore project in Nigeria. The contract is for a firm period of 5 years and has a total revenue potential for the primar
Noreco is in the process of completing drilling of the Verdande well 6608/10-16 (PL484) in the Norwegian Sea. Although hydrocarbon shows were found in two sections, the well will now be plugged and abandoned without further testing. The main target of the well was in the Middle Jurassic. Sandstones
The New York State Department of Environmental Conservation (DEC), the U.S. Army Corps of Engineers (USACE), and the New York City Department of Parks and Recreation (NYC Parks) will host an Informational Open House on Tuesday, June 10 on Coney Island to explain an upcoming $35 million construction
Electromagnetic Geoservices ASA has received a Letter of Award from Statoil Petroleum AS worth $5.3 million for 3D EM data acquisition in the Norwegian Sea. The Company expects to start the survey in September, using the vessel Atlantic Guardian. EMGS uses its proprietary electromagnetic technology
Norwegian authorities have today rejected an appeal from Greenpeace, thereby giving Statoil final permission to begin exploration activities on the Apollo prospect in the Barents Sea.
Dolphin has been awarded a new 3D seismic contract in Mediterranean for an undisclosed smaller independent oil company. The 3D seismic contract with duration of approximately 40 days, will be performed by the vessel Artemis Arctic during Q3 and early Q4 2014. Dolphin Group ASA is the parent company
McDermott, a provider of integrated engineering, procurement, construction and installation (EPCI) services for upstream field developments worldwide, moves up in selection for the Indonesian gas project. McDermott International, Inc. has announced today that a consortium, which includes subsidiarie
Ebsford Environmental Ltd has secured a contract in the Falkirk Council’s tender procedure for the dredging works of River Carron. The works covered involve the dredging of a sediment bar from the bed of the River Carron beside Dunipace Bridge. The work includes: – Site Establishment; – The removal
Total has signed an agreement to sell its 10% interest in the Shah Deniz field and the South Caucasus Pipeline to TPAO, the Turkish state-owned E&P company. The transaction is valued at $1.5 billion and is subject to customary approvals. “The sale of our interest in Shah Deniz is in line with Total’
