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SNC-Lavalin opens Abu Dhabi office

Feb 05, 2014

SNC-Lavalin Group Inc., is opening its regional head office for the Middle East and Africa in Abu Dhabi. The opening of the office, an important milestone in SNC-Lavalin's development, coincides with a contract the company recently signed with Ma'aden in Saudi Arabia…

DNV GL verifies WaveRoller performance

Feb 05, 2014

WaveRoller, the breakthrough wave energy device created by the wave energy developer AW-Energy, has received independent performance verification, taking the wave power industry one step closer to commercialization. An extensive…

Ensco in jackup sale

Feb 04, 2014

Ensco plc announced the sale of its two remaining cold-stacked jackup rigs for US$33 million. The net value of the two rigs, ENSCO 69 and Wisconsin, both built in 1976, was approximately $9 million. The pre-tax gain on the sale is approximately $24 million…

Deepwater spend increasing worldwide

Feb 04, 2014

Douglas-Westwood has released its 12th World Deepwater Market Forecast (2014-2018), suggesting that deepwater spend will surge from 2016 onwards. Deepwater expenditure is expected to increase by 130%, compared to the preceding five-year period…

First oil from Mars B field

Feb 04, 2014

A closer look at the integration and delivery of first oil in Mars B through the Olympus tension-leg platform.

The marine energy challenge

Feb 04, 2014

Marine energy technology has been in development for decades and, in the past 10 years, interest and investment in marine and tidal technologies have increased. However, marine energy still lags 15-20 years behind offshore wind, says Kevan Stokes…

MSI ends deepwater program off Namibia

Feb 04, 2014

Metocean Services International (MSI) recently completed a deepwater current measurement program offshore Namibia for Repsol Exploration  with 100% data return. Repsol as operator of a partnership including Tower Resources Plc and Arcadia…

Giant Olympus starts-up

Feb 04, 2014

Shell announced it has begun production from the Mars B development through Olympus, its seventh, and largest, floating deepwater platform in the Gulf of Mexico.   It is the first deepwater project in the region to expand an existing oil and gas field with significant new infrastructure…

BP profits drop

Feb 04, 2014

BP has reported a fall in profits in 2013, as the company feels the brunt of its divestment program.  Underlying replacement cost profit for Q4 was US$2.8 billion, compared with $3.9 billion for Q4 2012. Full-year underlying replacement cost profit was $13…

Oman hydrocarbon find

Feb 04, 2014

Masirah Oil Ltd. has said hydrocarbons were found in several formations during exploration well drilling in Block 50, offshore Oman. The well was Masirah's second in Block 50, and reached afinal depth of 3000m in the Cambrian formation…

Total offloads Angola block

Feb 04, 2014

Total is to sell its 15% interest in the offshore Angola Block 15/06 to Sonangol E&P for about $US750 million. “The sale of our interest in Block 15/06 is in line with Total’s global strategy to actively manage its portfolio and focus…

Zamakona launches Ocean Marlin

Feb 04, 2014

Spain's Zamakona Yards has launched its second Havyard HY820-design field support and emergency response vessel, the Ocean Marlin. The vessel, which is due to work in the North Sea for French oil major Total from Q2, is the second of three vessels Zamakona Yards will launch…

Premier CEO Lockett to resign

Feb 04, 2014

Premier Oil CEO, Simon Lockett, announced his plans to step down from the company once a successor can be found. Lockett's move follows Premier Oil's concept select decision on the Sea Lion development, a 394MM boe project, in 450m water depth…

SMIT to salvage sunk platform

Feb 04, 2014

Royal Boskalis Westminster subsidiary SMIT Salvage has been awarded a contract to remove a damaged jack-up platform from the seabed offshore Angola. During its installation near a pigging platform in July 2013, the platform suffered a…

Gaining traction

Feb 03, 2014

UTEC’s Jim Edmunds explains how the company’s geoROV tool can assist with geotechnical surveys. Geotechnical surveys are a prerequisite for establishing engineering soil parameters to enable robust and efficient seabed interaction design solutions – foundation design…

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