TGS commenced acquisition of a new 3D multi-client survey in the West of Shetland region. The survey will cover 2500sq km and will tie into TGS’ existing 3D library in the region, bringing the total volume of recent TGS 3D in the area to more than 17500sq km…
Statoil announced the discovery of 2 to 3tcf of natural gas in place in the Piri-1 well, bringing the total of in-place natural gas volumes up to approximately 20tcf in Block 2 offshore Tanzania. The new gas discovery was made in the…
Statoil will pay COSL Offshore Management (COM) a one-time settlement of US$65 million under an agreement reached today that ends disputes related to the stand-by fees of two semisubmersible platforms. The stand-by fees stemmed from the installation of third-party equipment…
GSP Saturn has arrived for exploration drilling at the Gazpromneft Sakhalin-operated Dolginskoye field, located in the Arctic shelf of the Pechora Sea. The Gazprom Neft subsidiary announced 21 January its plans to drill an exploration well and take core samples at the field…
Russian based Rosneft announced a joint venture agreement regarding implementation of vessel, drilling rig, and marine equipment construction and design projects that was signed at the 21st World Petroleum Congress on 16 June. The joint venture was entered by Rosneft…
Aberdeen-based Return To Scene Limited, a SeaEnergy subsidiary, has been awarded a contract for provision of an R2S visual asset management system by Mexican national oil company Petróleos Mexicanos (PEMEX), following a competitive public international tender process…
Conductor Installation Services Ltd (CIS), an Acteon company that provides hammer services to install conductors and drive piles, announced that it successfully completed its first subsea piling services contract. CIS used its new remotely operated Subsea Piling System…
Oceaneering International, Inc. announced on 17 June that it has acquired Spectrum Sales & Services LLC, a nondestructive examination company that has developed subsea pipeline inspection technology based on the use of Electro Magnetic Acoustic Transducer (EMAT) technology…
Italian shipbuilder Fincantieri is making an initial public offering to raise funds for projects and acquisitions. The company is wholly owned by Italian state lender Cassa Depositi e Prestiti (CDP). It will offer up to 38.2%, and new shares will be priced between €0…
The Mineral Licence and Safety Authority of the Government of Greenland (MLSA) has contracted ASL Environmental Sciences to build and maintain a web-based marine geoportal from which sea ice, iceberg, metocean, and seafloor data from the…
The pace of innovation in the offshore industry is awe-inspiring. It’s amazing to look at today’s capabilities and think about how they weren’t even possible a few years ago. Of course, from the perspective of the regulator, it is also a little daunting…
Dr. Michael A. Alfultis, a retired US Coast Guard captain, and the director and chief administrative officer of the University of Connecticut’s Avery Point campus, has been named as the next president of the SUNY Maritime College in Fort Schuyler…
Marine science and ocean research programs across the United States are set to benefit from access to more affordable underwater technology thanks to a new discount scheme introduced by Houston-based Sonardyne Inc. Under the terms of the company’s Academic Discount Partnership…
BP and the China National Offshore Oil Corp. (CNOOC) signed a heads of agreement regarding the supply of up to 1.5MTPA of liquefied natural gas (LNG) over 20 years starting in 2019, the supermajor announced on 17 June 2014. The agreement…
Karoon Gas Australia Ltd. announced on 16 June that the Pharos‐1 well, located offshore Western Australia, was drilling ahead at 4570 mRT in the 8½-in. hole section. Since last reported on 30 May, the 12¼-in. hole section was drilled 1719m from the 133⁄8-in…
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