Brazilian oil firm OGX, an EBX Group company, could face significant challenges in securing future investments and partnerships in the country, after its operations in the Tubarao Azul field yielded less-than-expected production rates, says an analyst with GlobalData…
C-MAR Group has today announced that it has finalized an agreement to deliver dynamic positioning (DP) training for the Brazilian Merchant Marine Academy. Named Centro de Instrucao Almirante Graca Aranha (CIAGA), the academy is one of the leading maritime training centers in South America…
In August 2013, Siemens Energy signed a chartering agreement with ship owner Esvagt A/S for two new offshore wind service vessels that will incorporate significant advancements in logistics, efficiency and operational capabilities. The vessels…
India's Oil & Natural Gas Corp. (ONGC) announced three offshore and one onshore discovery during Q1 of its fiscal year 2013-2014, which ended 30 June, and one additional onshore discovery in August 2013 (Q2). Offshore: New prospect discovery: exploratory well KGOSN041NANL-2…
Huisman opened a new office in Bergen, Norway: Huisman Norge AS. The new representational office is a 100% subsidiary of Huisman and is set up to meet the increasing demand within the Norwegian offshore market. This is the first Huisman office in Scandinavia…
The Obama administration selected Coast Guard veteran Brian Salerno as director of the US Bureau of Safety and Environmental Enforcement (BSEE). Salerno previously served as a former Vice Admiral in the US Coast Guard. He will take over the position from James Watson…
Duma Energy Corp. signed a Letter of Intent to acquire 100% of the outstanding stock of Houston-based Hydrocarb Corp. In August 2012, Duma purchased a 39% working interest in Hydrocarb’s highly prospective 5.3 million-acre Owambo Basin concession in northern Namibia…
NADL and Seadrill announced a preliminary agreement to create a strategic partnership with a strong industrial player was reached to foster growth of the company's harsh environment business. The potential strategic partner has a strong foothold in the Russian market…
Senior representatives of the UK and Scottish governments will address the audience at Europe’s largest oil and gas conference and exhibition, SPE Offshore Europe 2013, in Aberdeen this September. More than 1,500 companies are exhibiting at the event…
Independent exploration firm Ophir Energy has said the preferred site for Tanzania’s first multi-train LNG facility could be announced later this year. The firm, a partner with operator BG Group on Blocks 1, 3 and 4, offshore Tanzania…
Mexican President Enrique Peña Nieto proposed his plans to reform Mexico’s energy industry in an effort to ease restrictions on foreign investment. The plan calls for amendments to articles 27 and 28 of the Mexican Constitution, which…
Fugro Chance Inc. provided three-dimensional (3D) acoustic metrology on a large 36-inch (91 cm) diameter spool piece, despite environmental and logistical challenges. The highly accurate metrology was performed from a platform in Enlace Litoral Tabasco…
Energy company E.ON has said a gas discovery in block 42/28d in the UK southern North Sea is bigger than first thought. A well on the Tolmount discovery, 40km off the coast of East Yorkshire and to the west of the E.ON-operated Babbage gas field…
The Jan De Nul Group has ordered a new vessel at the Uljanik Shipyard in Pula, Croatia. The vessel, which will be 138m-long with a deadweight of 10,500-tonne, will be a multipurpose vessel, able to carry out trenching and offshore support…
Subsea 7 has posted a record backlog of US$10.4 billion for Q2 2013, with tendering continuing to be high into Q3. But profits were hit by a US$300 million loss provision on the Guará-Lula NE project, offshore Brazil. Jean Cahuzac…