Helix Energy Solutions Group, Inc. has entered into a definitive agreement to sell Energy Resource Technology GOM, Inc. (ERT), the Company’s oil and gas subsidiary, to Talos Production LLC, a wholly owned subsidiary of Talos Energy LLC, a privately held Houston-based oil and gas company. The selling
Seatronics have recently purchased four RESON SeaBat 7125-ROV2′s, six ROV2 upgrades with G5 processors and two SeaBat 7101’s. This order emphasizes Seatronics’ position as the world’s largest rental supplier of 7125-ROV2 solutions with the world’s largest fleet of SeaBat solutions. Seatronics now ow
TGS commences a 3D multi-client survey covering 7,000 km2 in the Central Gulf of Mexico. The survey, Amerigo 3D, is located in the eastern side of the Central Gulf of Mexico through the Lloyd Ridge, Desoto Canyon and Atwater Valley areas. “We are pleased to extend our 3D coverage in the Central Gulf
India’s Science, Technology and Earth Sciences Minister S. Jaipal Reddy announced that the country has identified the First Generation Mine Site in the Central Indian Ocean Basin (CIOB), Mining Weekly informs. The CIOB area contains 380-million tons of polymetallic nodule resource potential, includi
FMC Technologies, Inc. announced that it has signed an agreement with PT Rajawali Swiber Cakrawala (PTRSC) for the manufacture and supply of subsea controls for the South Belut field development. The order has an estimated value of $40 million in revenue. The field is located in the South Natuna Sea
Reef Subsea announced today that one of its Norwegian subsidiaries, Reef Subsea Norway, has been awarded a major contract by Statoil for the full seismic system installation of the Grane field offshore Norway. The contract – worth over 200MNOK (over £22M) – will see all capabilities of the Reef Subs
A North-east based reservoir engineering company has successfully completed a major reservoir-modelling project for an oil field reopened by an international firm following more than ten years of shutdown. Oilgen, which specialises in producing high-tech field history matching to forecast and improv
Pipeline engineering specialist, STATS Group, has completed an isolation project on a 16” subsea pipeline in the Dutch sector of the North Sea on behalf of Wintershall Noordzee BV. The isolation enabled the client to disconnect a flexible gas export pipeline so it could be replaced with a new rigid
ABB, the leading power and automation technology group, has won an order worth around $130 million from Kraftnät Åland AB to supply a new power transmission link between the Finnish mainland and Åland. The high-voltage direct current (HVDC) transmission system will be capable of transmitting 100 MW
John Wood Group PLC (“Wood Group”) issues the following pre-close trading update for the year to 31 December 2012. Full year results will be announced on 5 March 2013. Overall, conditions in energy markets remain favourable. The Group expects to deliver good growth for the year in line with expectat
Gills Harbour Ltd. has welcomed MeyGen’s decision to use a purpose-built catamaran for their tidal project between the mainland and Stroma, writes John O’Groat Journal. Namely, MeyGen is planning to install 400 electricity-generating turbines in the Inner Sound. For this project they primarily wante
Shell Gas & Power Developments B.V. (Shell) and the Technip Samsung Consortium (TSC) have signed a heads of agreement to enhance collaboration on the design, engineering, procurement, construction and installation of future innovative FLNG facilities. The agreement builds on the existing relationshi
The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Dimitar Gogov, Executive Director of Bulgargaz. The parties discussed the issues of bilateral cooperation in the energy sector and the prospects for widening cooperation in other
AS Norske Shell has received the Petroleum Safety Authority Norway’s (PSA’s) consent to use the West Navigator mobile drilling facility. The consent relates to drilling and completion of production wells G1, G2, G3, and E4 and plugging and abandonment of wells A 53 and A 58 on the Draugen field. The
