With India likely to get an additional one million square km of Exclusive Economic Zone (EEZ), the quantum of ocean-related research will… (timesofindia) [mappress] Source: timesofindia , November 18, 2011
INPEX CORPORATION announces that Ichthys Project, which is undertaken by INPEX group of companies and Total group of companies, has been steadily progressing towards the Final Investment Decision (FID) to be made by the end of this year. While this remains their target, taking into account administr
Mermaid Maritime Public Company Limited announces that its subsidiary Subtech Ltd. (Seychelles), a leading provider of quality turnkey sub‐sea engineering services, has secured a contract award to provide subsea Inspection, Repair, and Maintenance services (“IRM”) along with Saturation Diving Operat
The Directors of WGP Exploration Ltd announce that the company has entered into a definitive acquisition agreement with Thalassa Holdings Ltd. The combination unites the exceptional relationship the WGP Group has developed with Thalassa since 2007 and signifies both companies now officially working
Cove Energy plc , the AIM quoted upstream oil and gas company focused on East Africa, through its wholly owned subsidiary, Cove Energy Kenya Limited announces that 3D seismic acquisition has commenced in offshore Kenya licence areas L10A and L10B. After completion of the 3D survey, the vessel will b
FMC Technologies, Inc. announced that its enhanced vertical deepwater tree (EVDT) system has set a new deepwater completion record of 9,627 feet (2,934 meters). The world record depth was achieved at the Shell-operated Tobago field, part of the Perdido development located in the Gulf of Mexico. The
EMGS CEO Roar Bekker and CFO Svein Knudsen presented the third quarter results at Hotel Continental, Oslo. Highlights in the third quarter 2011: * Total revenues at USD 45.5 million for the quarter * EBITDA of USD 11.9 million * Net income of USD 7.5 million * Contract worth USD 90 million awarded b
Tullow Oil operates the block 47 licence offshore Suriname with 100% working interest. Tullow will retain the operatorship and 70% working interest. The agreement is subject to approval from Staatsolie Maatschappij Suriname, the state oil company of Suriname. Block 47 lies in a frontier area in the
Well completion hardware has been installed at a depth of 9627 fsw in the Alaminos Canyon area of the Gulf of Mexico by Oceaneering’s Olympic Intervention IV. Completion of the deepwater well, part of Shell’s Perdido Development, demonstrates the light construction capabilities of Oceaneering Intern
Oil and gas engineering specialist, STATS Group, has appointed Vikas Shangari as business development manager for the Middle East as part of a strategy to expand operations across the Gulf Cooperation Council states. STATS Group design, manufacture and install a range of patented technologies used i
Chevron Corporation confirms that cementing operations are taking place as part of its well plugging activities on an appraisal well located in the vicinity of the Frade field offshore Brazil. Chevron also confirms that there has never been any oil flow from the wellhead and current monitoring indi
Shell Oil Company is now producing oil from the world’s deepest subsea well at its Perdido Development, utilizing advanced technology to lead the way in increasing the company’s ability to produce more domestic oil and gas resources. The well, at 9,627 feet below the water’s surface, is located in t
Forum Energy Technologies, Inc. (Forum) announces the entry into an agreement with DOF Subsea AS (DOF Subsea) to provide a VisualSoft Digital Video and Pipeline Data Processing Suite for installation on their new multipurpose construction and anchor handling vessel, Skandi Skansen. As one of the wor
The joint venture formed by Technip (50%) and Odebrecht Oil & Gas (OOG, 50%) has received a letter of award from Petróleo Brasileiro S.A. (Petrobras) for the charter and operation, during a fixed period of five years, of two identical flexible pipeline installation vessels for a value of approximate