Wave energy developer Carnegie Wave Energy Limited announces that it has made a commitment for the manufacturing and installation of the offshore foundations for the Perth Wave Energy project. The contract for the installation of the foundations was awarded to Fugro Seacore (Australia) Pty Ltd (Fugr
Otto Energy Limited, as operator of the producing Galoc oilfield joint venture offshore the Philippines, has provided an update on the Galoc-5H and Galoc-6H drilling campaign in SC14C, part of the Galoc Phase II development approved in 2012. During the period from 0600 hours (AWST) on 10 July 2013 t
BW Offshore has agreed an extension for FPSO Sendje Berge with Addax Petroleum Exploration Ltd until the end of Q1 2014. The extension has been agreed to secure operational continuity while joint work to detail longer term program for investment and production is completed. BW Offshore is a leading
Liquefied Natural Gas Limited announced that its wholly owned subsidiary, Magnolia LNG (MLNG), has executed a Tolling Agreement – Term Sheet with Brightshore Overseas Ltd, an affiliate of Gunvor Group. The Agreement details key terms to be included in a legally binding tolling agreement, including:
Premier announces that it has sold 100 per cent of the shares in its wholly owned subsidiary Premier Oil Vietnam South BV (POVS). POVS holds a 30 per cent operated interest in Block 07/03, offshore Vietnam, which contains the Ca Rong Do (CRD) oil and gas discovery and the Ca Duc (Silver Sillago) exp
Aker Solutions has acquired UK specialist engineering company International Design Engineering And Services Ltd (I.D.E.A.S) to boost its asset integrity management services. Glasgow, Scotland-based I.D.E.A.S. has developed software and technology that dramatically improves the quality and accuracy o
Pharos Offshore Group has acquired an SMD built 1200HP cable burial tool. The Universal Trenching Vehicle (UTV 1200) is a unique low and wide Remotely Operated Vehicle (ROV) specifically designed to bury submarine power cables. Modifications to the 1200HP UTV 1200 are underway. The enhancements will
Dragon Oil plc, an international oil and gas exploration, production and development company, today issues an operational update and financial highlights for the six months’ period ended 30 June 2013. Key operational highlights are: – 15% increase in average daily production rate at approximately 73
Cargotec’s MacGregor has entered into an agreement to acquire privately owned Hatlapa Group, merchant ship and offshore deck equipment provider, for an enterprise value of EUR 160 million. Hatlapa’s main products are a wide range of winches, steering gears, compressors, multi-deck-handler cranes, an
Lundin Petroleum AB announces that drilling of exploration well 7120/1-3 in PL492 has commenced. The well will target the Gohta prospect, which is located some 150 km northwest of the Norwegian coast (185 km northwest of Hammerfest) and 65 km south of the Johan Castberg discovery. The main objective
MAN Diesel & Turbo has secured a contract to supply 51/60DF engines for six Chinese LNG carriers (LNGCs). The engine manufacturers consider that the order for the 30 × MAN 51/60DF dual-fuel engines is a significant development for both Chinese shipyards as well as the LNGC market. The configuration
Shell’s massive Olympus tension leg platform (TLP) set sail from Ingleside, Texas on 14th July, for a 425 mile trek to its final home on the Mars Field in the Gulf of Mexico. For 10 days, tugboats will transport the over 120,000 ton platform to the location where work will begin to secure the platfo
On 8th of July 2013 the new Fugro owned Survey Vessel “Fugro Helmert” was christened on Fassmer Shipyard in Berne/Germany. Directly after the naming ceremony the vessel was launched. During the coming weeks all remaining works will be finished. On 8th of August 2013, after completion of all final te
Santos today announced a gas discovery at the Bianchi-1 well in Retention Lease WA-49-R, located in the Carnarvon Basin offshore Western Australia. Wireline logging and pressure testing has confirmed 112 metres of net gas pay between 4,748 metres and 5,343 metres in the primary target Triassic-aged
