Global Maritime Consultancy & Engineering successfully led the disconnection and towing operations of the Njord A semisubmersible floating production platform from the Njord field. The Njord A platform arrived safely in Klosterfjorden on the 23 August…
Atlantic Petroleum entered into a US$1.1 million (DKK 7 million) sale and purchase agreement with Bridge Petroleum for its 25% interest in the Orlando development, offshore the UK. The deal also includes a deferred consideration in the…
Atlantic Offshore has sold most of its operations and subsidiaries to newly established company Aegopodium in a US$2.1 million (NOK 16.9 million) deal, after its own restructuring solution was rejected by stakeholders. The Ocean Sprite…
Atlantic Petroleum entered into heads of terms with London Oil and Gas (LOG) to inject about US$11.4 million of funds and assets into Atlantic by 24 June 2016. “Atlantic Petroleum's Orlando & Kells assets are expected to have a high value when the market conditions improve…
ION Geophysical Corp. today announced that it has acquired Global Dynamics Inc. (GDI), an Ontario-based company that designs and develops marine towing systems and equipment, including its proprietary SailWing technology. ION plans to…
Atlantic Petroleum has agreed to sell its Norwegian activities to M Vest Energy - a company partly owned by Atlantic's existing management. The Norwegian activities include all of Atlantic's assets and licenses, the liabilities of the licenses…
National Ocean Industries Association (NOIA) president Randall Luthi, issued the following statement supporting the Atlantic Offshore Energy Caucus’s call for the Department of the Interior's retention of proposed Atlantic lease sale: “I…
Dana Petroleum awarded Atlantic Offshore an emergency response rescue vessel (ERRV) contract to support the Ocean Guardian semisubmersible in the UK North Sea. Atlantic will use its Ocean Sprite ERVV in the contract, which is for two wells estimated at 70 days each…
Eco Atlantic Oil & Gasand Tullow Oil subsidiary companies entered into a 10-year agreement with the government of Guyana to explore the deepwater Orinduik block, offshore Guyana, South America. Map of the Orinduik block…
BG Group has acquired three non-operated positions offshore Newfoundland from Repsol. This provides the company with access to early stage exploration in a proven prospective basin ahead of the first well being drilled later this year…
Standby vessel operator Atlantic Offshore Rescue has unveiled its third new vessel in the past 12 months as part of its fleet modernization program, representing an investment totaling £300 million. Ocean Falcon, a new Class A multi role and emergency response and rescue (MRV/ERRV) vessel…
InterMoor’s Dusan Curic discusses the decommissioning of Anadarko Petroleum’s Red Hawk spar in the US Gulf of Mexico, a job that involved several industry firsts. With holes cut into the hull, Red Hawk spar is being tipped underwater…
In this video, Eni shows the Goliat floating and production storage offloading unit (FPSO) platform arriving in Hammerfest, Norway from the Ulsan shipyard in South Korea after a 63-day journey of 15,608 nautical miles. The platform was aboard the Dockwise Vanguard…
A consortium of three companies has joined forces to bring enhanced oil spill detection and search and rescue capability to the UK North Sea. Using technology developed in Norway, Aptomar, working with Aberdeen's Briggs Environmental Services…
Initial evaluation of 3D seismic data shows that Providence Resources P.l.c.’s Drombeg prospect offshore southwest Ireland, is consistent with those of a large deepwater fan system. The Polarcus Amani 3D seismic vessel…
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