Borders & Southern, a London based independent oil and gas exploration company, provides an update on its assets in the South Falkland Basin. Since the completion of its 2012 drilling campaign the Company has undertaken a number of technical and commercial studies. Whilst a number of these studies a
CME Clearing Europe, CME Group’s European clearing house, has announced that it has added two new over-the-counter (OTC) European natural gas forward contracts for clearing: the United Kingdom (UK) National Balancing Point (NBP) Natural Gas Physically Delivered Forward contract and the Netherlands (
MPX North Sea Limited announces that the Transocean John Shaw semi-submersible drilling rig has arrived on location to complete the drilling of the Timon prospect located in the UK Northern North Sea in Blocks 211/11b and 211/16b. The 211/11b-7 well was originally spudded in May 2012 before being su
AusGroup Limited subsidiary AGC Industries Pty Ltd, a leading Australian based construction and fabrication company, announced it has been awarded additional fabrication work to the value of approximately AUD20 million on the Chevron-operated Gorgon Project, taking the total contract value to more t
“LOTOS Petrobaltic” Spótka Akcyjna has invited bidders to submit their offers for the dredging project at the Gdansk area. This plan icludes the dredging services in combination with the repair of subsea installations in B3 and B8 areas, located in the waters of the Polish international economic zon
RenewableUK has welcomed the signing of a Memorandum of Understanding on wind energy by the Energy Secretary Edward Davey and his Irish counterpart Pat Rabbitte. The MoU is the first step towards reaching a full inter-Governmental agreement on exporting clean electricity from onshore wind farms in I
Aker Solutions has signed a contract with Statoil for the supply of deepwater umbilicals to the Aasta Hansteen field on the Norwegian Continental Shelf. The contract value is approximately NOK 280 million. Aker Solutions’ scope of work includes the design, engineering and manufacturing of dynamic an
Autronica Fire and Security AS, Division Oil & Gas, said it has recently been awarded the prestigious contract from Emerson for the delivery of integrated fire and gas detection on the world’s largest floating liquefied natural gas facility. Autronica Fire and Security AS, headquartered in Trondheim
Mermaid Maritime Public Company Limited (“Mermaid”) announces that its business unit Mermaid Offshore Services Limited (“MOS”) has been awarded another subsea construction services contract in China with an existing client, China Offshore Oil Engineering Co. Ltd. (“COOEC”). This contract will be per
Eni signed Exploration and Production Sharing Contracts with the Ministry of Commerce, Industry and Tourism of the Republic of Cyprus, for Blocks 2, 3 and 9 located in the Cypriot deep offshore portion of the Levantine basin, which encompass an area of around 12,530 square kilometres, thus marking t
VWS MPP Systems, subsidiary of Veolia Water Solutions & Technologies, has been awarded a contract by Samsung, as part of the Technip Samsung Consortium (TSC), to supply a Macro Porous Polymer Extraction (MPPE) water purification unit for a Floating Liquefied Natural Gas (FLNG) facility. The MPPE uni
Emerald Networks, a new-build network submarine cable system that will connect North America to Europe and Iceland with extraordinary new capacity, announced the signing of a Landing Party Agreement (LPA) with multinational telecommunications provider AT&T. Under this agreement AT&T will provide fac
Seatronics Ltd, an Acteon company, has expanded its equipment rental pool to include more iXBlue inertial and acoustic products in response to increasing market demand for inertial navigation technology to enhance positioning for deepwater projects in West Africa and Brazil. The order, which brought
Vroon announced the order of a newbuilding subsea-support vessel (SSV) at Fujian Southeast Shipyard in China, with an option in place for a second vessel. The vessel follows the two SSVs built at the Shipyard in 2012 for Vroon Offshore Services (VOS Shine and VOS Sweet). The new vessel, to be named