Nautilus Minerals Inc continued to make steady progress in the development of its pioneering seafloor copper/gold project in the September quarter of 2011, and remains on track to commence production in the final quarter of 2013. The company completed the quarter with a cash balance of US$155.1 mill
National Grid and RTE are jointly developing an Electrical Interconnector (HVDC) between Great Britain and France. This notice concerns a subsea survey under supervision of a marine consultant. The main activities expected to be included (non exhaustive) will be a marine geophysical, geotechnical an
It may be just a matter of time before a new Canary Island emerges from the sea off the coast of El Hierro. By Mark Johanson (ibtimes) [mappress] Source: Ibtimes, November 11, 2011; Image: Earth-Issues
China’s State Oceanic Administration (SOA) said on Friday that an oil leak by a subsidiary of Houston-based ConocoPhillips in China’s … (Reuters) [mappress] Source: Reuters, November 11, 2011; Image: ConocoPhillips
Aker Solutions has signed a contract with Lundin for the engineering, procurement and construction of a subsea production system for the Brynhild project on the Norwegian continental shelf. The contract value is approximately NOK 700 million. The scope of work includes one template-manifold structur
Lundin Petroleum AB through its wholly owned subsidiary Lundin Norway AS announces the approval from the Norwegian Ministry of Petroleum and Energy of the Plan for Development and Operation (PDO) for the Brynhild field in PL148, located in the Norwegian North Sea. First production from the Brynhild
For two major North European utilities ( Fingrid Oyj and Svenska Kraftnät ) LIOS Technology provided its most advanced multimode Distributed Temperature Sensing (DTS) systems to monitor the HVDC subsea link between the two utility grids. The electricity transmission connection is crossing the Gulf o
The Government of the Commonwealth of Dominica, through the Ministry of Public Works Energy and Ports – Geothermal Project Management Unit, intends to procure the services of a firm to conduct a feasibility study regarding the submarine interconnection of Dominica with Martinique and Guadeloupe, and
SEACOM and Main One, the only two privately funded and open-access based African submarine fibre optic cable systems, were awarded “Best Pan African Initiative” at the AfricaCom Awards 2011 ceremony held in Cape Town, South Africa, on Wednesday 9 November 2011. The award, which was also won by SEACO
RBG has launched its new ‘iBolt’ flange integrity management software that improves the safety, efficiency and cost-effectiveness of bolting operations. The easy to use, web-based system provides a complete auditable record of all activity carried out on flange management workscopes from topside to
The Lebanese offshore is optimistic about the prospect of its first license round, expected in Q1 2012. This summer, the Lebanese Ministry of Energy and Water held a dedicated forum to inform the industry of the process towards the round. New PGS MultiClient data is available in the area. The Lebane
Spectrum is set to commence acquisition of a new 2D Multi-Client seismic survey in early November 2011 which covers several areas in the northern equatorial margin offshore Brasil. The survey area includes sector blocks expected to be announced in the 11th license round in the second quarter of 2012
The Bureau of Safety and Environmental Enforcement (BSEE) issued a Safety Alert relating to the Macondo well blowout. The Safety Alert was distributed to oil and gas leaseholders and contractors working on the Outer Continental Shelf (OCS). It briefly summarizes the findings of the Joint Investigati
The Group reported a profit after tax of NOK 254 million in the third quarter of 2011 compared to NOK 344 million in the same period of 2010. The Group’s profit after tax for the first three quarters of 2011 was NOK 774 million. The corresponding figure for 2010 was NOK 1 630 million. The […]
