TGS announced a 2D seismic reprocessing project in the Barents Sea Southeast in preparation for the Norwegian 23rd licensing round. The underlying data, acquired in 2011 and 2012, is owned by the Norwegian Petroleum Directorate (NPD) and covers an area of more than 18,000 km. TGS has been applying t
The search for missing Malaysia Airlines flight MH370 is commencing a new phase and will transition over the coming weeks to an intensified undersea search. In the meantime Bluefin-21, which has completed its search of the 314 square kilometre area around the detections made by the Towed Pinger Loca
Aker Solutions will split into two companies to speed up a streamlining process that will reduce costs and better position all parts of the group to meet the needs of customers in an increasingly competitive global energy industry. The Subsea, Umbilicals, Engineering and Maintenance, Modifications a
MARINET, a network of research centres and organisations funded by the European Comission, has entered the last stages of testing its Round Robin device. MARINET, a network of research centres and organisations co-funded by the European Commission, has entered the last stages of Round Robin testing
Last week, 100 participants from 15 countries took part in a workshop in Stavanger to discuss issues regarding safe handling and storage of CO2. The workshop was headed by the European Association of Geoscientists and Engineers (EAGE), and the target group was scientists and experts from academia an
MarketsandMarkets released the report “Subsea Well Access and BOP System Market Global Trends & Forecasts to 2019” which defines and segments the global well access and BOP market with analysis and forecasts of the global revenue. The global subsea well access market is estimated to grow from over $
The third step of tidal energy testing called Round Robin took place at CNR-INSEAN this month. Comparisons were based on the performance measurements of the device (torque and thrust) in a flow velocity range from 0.6 to 1.2 m/s, as was done in the first and second leg of testing. The use of the sam
The Marine Energy Research Innovation and Knowledge Accelerator (MERIKA) Project was officially launched by the Project Manager Damian Collins last night at the EIMR conference in Stornoway on the Isle of Lewis. MERIKA is an ambitious initiative by University of the Highlands and the Islands (UHI),
BP reported its financial results for the first quarter of 2014. Underlying replacement cost profit for the quarter was $3.2 billion, compared with $2.8 billion for the previous quarter and $4.2 billion for the first quarter of 2013. Operating cash flow in the quarter was $8.2 billion. The company a
The Energy Department announced $10 million to test prototypes designed to generate clean, renewable electricity from ocean waves and help diversify America’s energy portfolio. The Energy Department supported demonstrations at the U.S. Navy’s wave energy test site off Hawaii’s island of Oahu will he
NOAA ships, small boats, and hydrographic services contractors have their sailing orders to survey more than 2,000 square nautical miles in U.S. coastal waters this year, collecting data that will strengthen the foundation of the nation’s environmental intelligence. The NOAA Office of Coast Survey w
AWE Limited reported that the Pateke-4H development well was at a measured depth of 4,700m and drilling ahead on a horizontal trajectory through the Kapuni F10 sandstone reservoir with an 8 1/2 inch drilling assembly. The reservoir was intersected at 4,023m and operations have drilled 677m horizonta
Stone Energy Corporation announced success on the deep water Cardona South well at Mississippi Canyon 29. Stone operates and owns a 65% working interest in the well. The Cardona South well (MC 29 #5 well) encountered over 275 feet of net oil pay in three separate sections of the well. The Cardona So
DNV GL has updated the Worldwide Offshore Accident Databank (WOAD), the world’s leading repository of offshore accident information. The latest update to WOAD adds over 300 new accident records bringing the dataset up to the Hercules 265 blowout on 23rd July 2013. With records of 6451 accidents occu
