Australia's ADX Energy has won 100% stake in an exploration permit offshore Italy, which it will operate through its wholly owned Italian subsidiary. The offshore exploration permit d 363 C.R-.AX was awarded by the Italian Ministry of…
Monaco-based Compagnie Maritime Monégasque S.A.M. (CMM) took delivery of a Damen Platform Supply Vessel (PSV) 3300 in late April. The 80m, 3300t deadweight vessel CMM Gravity was built at Damen Shipyards Galati in Romania, and will be…
Höegh LNG Holdings Ltd. has signed a letter of intent (LOI) with Egyptian Natural Gas Holding Co. (Egas) for the use of one of Höegh's floating storage and regasification units (FSRUs) – currently under construction at Hyundai Heavy Industries…
The government of Myanmar (Burma) has named Chevron, BG Group, Statoil, Woodside Energy, Shell, and ENI, among others, as selected candidates for its 2013 offshore licensing round. The move follows the lifting of Western sanctions in 2012…
More than 500 industry professionals came together at the sparkling 28th Offshore Achievement Awards ceremony in Aberdeen, last night. The Society of Petroleum Engineers (SPE) Aberdeen Section organized and hosted the awards, “the industry Oscars”…
Portsmouth, UK, based Autonomous Surface Vehicles (ASV) has launched an oilfield services unmanned surface vehicle, the C-Worker (pictured). The 20ft-long multi-use offshore unmanned surface vehicle was developed to conduct subsea positioning…
The Government of the Republic of Trinidad and Tobago invites participation in its 2013 Deep Water Competitive Bid Round for six offshore blocks located in the East Coast Marine Area and Trinidad and Tobago Deep Atlantic Area to be governed by production sharing contract agreements…
Encana Corp. today announced the Production Acceptance Notice (PAN) at the company's Deep Panuke offshore Nova Scotia project, issued after successful completion of a performance test of the platform. The Deep Panuke project is designed to produce up to 300 MMcf/d of natural gas from four wells…
Cairn India Ltd. today announced that its board of directors approved a proposal for the buyback of equity shares of the company from its existing shareholders. The buyback would be done from the open market through the stock exchanges…
Schlumberger released the Vx Spectra surface multiphase flowmeter. The new multiphase flowmeter enables operators to obtain flow rate measurements in production testing and permanent monitoring. “A precise production allocation requires…
Twenty-one companies have dropped out of the final cycle of bidding in the Myanmar offshore license round, Reuters news service reported on Friday. The licensing round offers 30 offshore areas, including 11 shallow water blocks and 19 deepwater blocks…
First Subsea Ltd. launched its Series III Ballgrab ball and taper mooring connectors. The connector’s male mandrels are in compliance with the ABS 2009 approval for specialist subsea mooring connectors. First Subsea is the first manufacturer…
Atkins’ Ramsay Fraser looks at offshore asset integrity assessment techniques and how acceptance criteria depend on geographic region. Evaluation of the integrity of an offshore structure is one of the four key functions of an integrity…
Norsafe ASA has set a new world record for freefall lifeboats, dropping its own GES52 model from a height of 66.8m (220ft). The GES52 freefall lifeboat is 52ft long and has a capacity for at least 70 persons of 100kg. Norsafe says the boat will be certified for heights up to 51m…
Sinking of SS Arctic - 27 September 1854 The SS Arctic was the pride of the American merchant marine when launched in 1852. It was a 3,000 ton wooden-hull paddle-wheel steamer capable of carrying 280 passengers. It also carried a modest amount of cargo…