AWE Limited has reported that as at 11:00 hours (11.00am NZDT) today the Pateke-4H development well has been drilled to a revised measured total depth of 4,772m, including a 749m horizontal section through the reservoir, and installation of a 6 5/8 inch slotted production liner has been completed. T
Expro has announced a $2 billion order book celebrating the end of its 40th year. This milestone was achieved at the end of Expro’s 40th anniversary year, thanks to a number of contract wins, including almost $500 million in the last quarter alone. Expro attributes this success due to its market-lea
Gasum and the Lyse Group concluded the acquisition of Skangass on 2nd May. This resulted in Gasum acquiring 51% of the LNG distribution business from the Lyse Group. “The Skangass acquisition supports our strategy and the Finnish Government’s goal of speeding up the construction of LNG infrastructur
Wood Group has delivered engineering support to the Subsea Well Response Project, a joint industry project to further improve the prevention of, and response to, subsea well-control incidents. Contracted by Shell, on behalf of the SWRP team, Wood Group Kenny led the way and drew on the expertise of
BBC Chartering said that the company’s vessels supported two Australian LNG projects. The BBC Kibo and BBC Europe supported project works in the Julimar and the Wheatstone fields by feeding the so called “displacement initiator frames”. The company’s vessels also shipped pressure tanks for the Austr
Siem Offshore and Subsea 7 have entered into a charter agreement for the Offshore Subsea Construction Vessel (“OSCV”) “Siem Stingray”, which is under construction in Norway. The agreement is made at market terms and is for a firm period of three years with two yearly options. The Siem Stingray is de
Electromagnetic Geoservices ASA (EMGS) has received a signed contract from North Energy ASA worth NOK 10 million (USD 1.7 million) for 3D EM data acquisition in the North Sea. The survey is expected to commence early May, using the vessel BOA Thalassa. BOA Thalassa is a purpose-built 3D EM vessel wi
Nido Petroleum Limited on behalf of the Service Contract 63 Joint Venture partners Nido Petroleum Philippines Pty Ltd, PNOC-Exploration Corporation and Dragon Oil Plc, has announced that the “UMW Naga 5” jack-up rig started mobilisation from Singapore to the Baragatan location in SC 63, offshore, th
Polarcus Limited announces that Polarcus Naila is presently mobilizing for the highly prefunded Polarcus “UK Breagh” multi-client survey after a successful upgrade. The upgrade enables the vessel to tow ultra-wide 12 streamer spreads, matching the capability of the four high performance “A-class” ve
A joint industry project to investigate mechanisms for creating a CO₂-driven enhanced oil recovery (CO₂-EOR) industry in the North Sea has welcomed Shell as a new industry partner. CO₂-EOR has the potential to bring benefits for the UK offshore industry by improving recovery from depleted oil fields
Cobalt International Energy, Inc. has announced a net loss of $57 million, or $0.14 per basic and diluted share for the first quarter of 2014, compared to a net loss of $128 million, or $0.31 per basic and diluted share, for the first quarter of 2013. Capital and operating expenditures (excluding ch
The University of A Coruña has invited tenders for the development of robotic prototype for underwater inspection services. The value of the tender is approximately $572 000. A platform fit for underwater inspection during maintenance of offshore structures is required to be developed under the tend
Statens vegvesen (The Norwegian Public Roads Administration) and Troms County invites tenders for underwater tunnel construction, sea fillings with 4 bridges and a road which will connect Grytøy, Sandsøy and Bjarkøy municipalities. The work scope for this project consists of the construction of an u
Petronet LNG, India’s largest liquefied natural gas importer, has reportedly signed a deal to buy 0.8 million tonnes of LNG from RasGas of Qatar in the fiscal year that began on April 1. The LNG will be delivered to Petronet’s Dahej terminal, Reuters reported, citing an unnamed source. Petronet alre
