%22Eco Atlantic%22 News

US proposes Kitty Hawk wind lease sale

Aug 12, 2016

US Secretary of the Interior Sally Jewell and Bureau of Ocean Energy Management (BOEM) Director Abigail Ross Hopper announced a proposed lease sale for 122,405 acres offshore North Carolina for commercial wind energy leasing.   Image from Siemens…

Subsea UK: Go international and prosper

Aug 11, 2016

Subsea UK is encouraging British firms to set their sights on international expansion to sustain long term growth.  The industry body is urging companies to look beyond the North Sea and establish international links to generate new business…

UPDATED: Grounded rig's tanks damaged

Aug 10, 2016

Damage assessments by Smit Salvage and Transocean staff who boarded the grounded semisubmersible drilling rig Transocean Winner off the Isle of Lewis, Scotland, say two of its fuel tanks appear to have been breached.  UPDATE: No pollution has been found at the site…

Lundin terminates M3nergy FPSO deal

Aug 03, 2016

Lundin Petroleum terminated a US$265 million deal with M3nergy Investment for the sale of the Bertam floating production and storage offloading (FPSO) vessel after the Malaysian company failed to secure the required financing. The deal…

Luck of the Irish

Jul 27, 2016

The Eirik Raude semisubmersible was used to drill ExxonMobil’s 2013 Dunquin well. With the entry of major operators, could the time finally be ripe for the Irish Offshore? Elaine Maslin reports…

Charting Subsea Processing

Aug 01, 2016

Quest Offshore provides a look at subsea processing systems by type. Subsea Processing Project List (Onstream 2010+) Subsea Processing Application Region Operator Project Boosting Africa/Mediterranean…

Europa secures Irish offshore extensions

Aug 02, 2016

Offshore Ireland focused Europa Oil & Gas has had its Phase 1 Frontier Exploration Licences (FEL) 2/13 and 3/13 in the South Porcupine Basin extended by one year to 4 July 2017. The extension will allow Europa to mature existing prospects…

Cobalt focuses on Angola, closes Mexico office

Aug 02, 2016

Cobalt International Energy is setting Angola as its number one priority, as the Houston-based company disclosed a multimillion-dollar loss in Q2 2016 due to a dry well in the Gulf of Mexico. The Rowan Reliance drillship…

Europe in crisis?

Aug 01, 2016

The industry will emerge from its current crisis, but the next chapter in the oil and gas industry may look very different. Hannon Westwood’s Andrew Vinall gives his view. Northwest Europe 2016 exploration…

ONGC picks Expro for Indian well testing

Jul 25, 2016

International oilfield services company, Expro, has been awarded new contracts from India’s Oil and Natural Gas Corporation ONGC).  Worth more than US$17 million over three years, the contracts will see Expro work on ONGC’s assets throughout western and eastern areas of India…

Atlantic Margin acreage winners set out

Jul 12, 2016

The 28 license options awarded in two tranches in Ireland's 2015 Atlantic Margin licensing round have been set out in a newly released map of the acreage.  In the first tranche, announced in February, ExxonMobil, BP, Statoil, and Eni were among the majors awarded license options…

Conoco sells Senegal business to Woodside

Jul 14, 2016

Australia's Woodside Energy has agreed to acquire all US oil firm ConocoPhillips' assets offshore Senegal, West Africa, for US$430 million. The move sees Woodside, which has been increasing its Atlantic Margin position, take a stake in…

Helix loss increases, expects improvement in 2H

Jul 20, 2016

Well intervention focused firm Helix Energy Solutions Group says it is expecting to see an improvement in activity in the second half of the year, after posting a US$10.7 million Q2 loss ($2.6 million loss in Q2 2015).  The firm said its well intervention revenues increased 30% in Q2 of 2016…

Irish offshore Atlas commissioned

Jul 21, 2016

A consortium led by Merlin Energy Resources and comprising; Riley Geoscience; Network Stratigraphic Consulting; IGI; and G. Dunford Exploration has secured a €1.9 million contract from the Irish Petroleum Infrastructure Programme (PIP) to complete an integrated chronostratigraphic…

Mexico sets Round 2 terms

Jul 19, 2016

Mexico’s Ministry of Energy (SENER) has approved auction terms for the first phase of Round 2, which will auction 15 shallow water areas in the Gulf of Mexico. The round is set to open in late March 2017. Image from CNH…

Current News

BOEM Reaffirms Gulf Lease Sales 259 and 261

BOEM Reaffirms Gulf Lease Sale

Nam Cheong Hooks $64.5M Deal to Build Four OSVs

Nam Cheong Hooks $64.5M Deal t

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Kuwaiti National Oil Firm in T

Dajin Signs Up Polish Shipyard for Nordseecluster B Foundation Kits

Dajin Signs Up Polish Shipyard

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