Visiongain's new Marine Seismic Equipment and Acquisition Markets 2016-2026 report indicates that the marine seismic market will see capex of US$273 million on equipment and $2.7 billion on acquisition in 2016. The fall in the price of…
KrisEnergy nearly tripled its revenue in Q1 2016 and more than doubled its production when compared to Q1 2015, due to two new fields that started production in the Gulf of Thailand. Image from KrisEnergy…
Norway’s Petroleum Safety Authority (PSA) has granted Wintershall Norge consent for exploration drilling at the Orion prospect in the North Sea with the Borgland Dolphin semisubmersible. The 35/11-19S well is located in production license 248…
The source of a leak that spilled 2100 bbl (88,200 gallons) of crude oil into the US Gulf of Mexico around Shell's Glider field has been identified, the US Bureau of Safety and Environmental Enforcement announced on 13 May. On-site investigators…
Vaalco Energy's chief financial officer Don McCormack has resigned effective 2 June, after spending less than one year with the company. McCormack’s departure was not related to any issues regarding financial disclosures, accounting or legal matters…
Hoover Container Solutions Norway appointed Tor Olav Schibevaag as managing director for Europe and Kjetil Skaaren as general manager for Norway. Schibevaag will report to Hoover’s president, Paul Lewis, and joins Hoover with more than 12 years’ experience from Euro Offshore…
MEC Resources has received geochemical support for a potential exploration well within PEP11 in the offshore Sydney Basin. The new geochemical report reviewed the hydrocarbon analysis performed on sediment samples obtained within PEP11 during 2010…
Hibernia Management and Development Co. (HMDC) reported an incident involving a flame originating from under the insulation of a high pressure cleaning unit on the Hibernia Platform. Earlier this week n 9 May at approximately 7:30 a.m…
Orkney-based Scotrenewables Tidal Power has launched its 2MW SR2000, the world’s largest energy generating tidal turbine. The company launched the 550-tonne machine at Harland & Wolff Heavy Industries in Belfast on 12 May. This is the first commercial scale machine the company has built…
Following the double-digit fatality involving a CHC-operated Norwegian Super Puma helicopter at the end of April, UK and Norwegian Civil Aviation Authorities have implemented restrictions on two helicopter types that will prevent operators from using it for commercial flights…
Ezra subsidiaries EMAS Offshore and EMAS Energy have secured new contract awards and letters of intent amounting to approximately US$40 million, including options, since the start of Q3 FY2016. EMAS Energy’s new contract award will see…
Are you the next Tracerco? Entries have now opened for this year's Underwater Technology Foundation (UTF) Subsea Award 2016, which will be presented at the Underwater Technology Conference in Bergen in June. The award has been designed…
Maritime Developments (MDL) has delivered a new flexible pipe deployment and retrieval system for Magma Global, which is set to significantly reduce the costs and risks of light well intervention for the offshore oil industry. The m-IDP…
A jacket built for the for the Dudgeon Offshore Wind Farm offshore substation by Sembmarine SLP in Lowestoft, England, sailed away from the yard yesterday (11 May). The 1500-tonne structure that has dominated Lowestoft’s port skyline…
A new report produced for the Energy Technologies Institute (ETI) says there are no technical hurdles to permanently and safely storing large quantities of CO2 deep underground off the coast of the UK. There is also the potential for…
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