On 15 Feb 2013, Colombia's Ecopetrol SA announced its proven reserves (1P, according to the international designation) of crude oil, condensate and natural gas, including its interest in affiliates and subsidiaries, as of December 31, 2012. Proven net reserves (1P) increased to 1…
Rube Goldberg had nothing on these guys. The American engineer, inventor and cartoonist most famous for drawing outlandish machines would have smiled at all the ideas for capturing ocean wave and tidal energy.According to the European Marine Energy Center…
As oil and natural gas production continues to fluctuate at a level well below demand, John Mueller looks at New Zealand’s growing need to aggressively explore the nation’s vast and extensive offshore sedimentary basins.Taranaki Basin, located along the west coast of New Zealand’s North Island…
The Aberdeen company acquires two Gavia AUVs Two Gavia AUVs delivered to NCS SurveyNCS Survey has expanded its growing autonomous underwater vehicle (AUV) fleet with the purchase of two Teledyne Gavia AUVs.These vehicles are the latest…
Chevron grabs 75% stake in 3 deepwater areasClick to view larger mapChevron subsidiary, Chevron Morocco Exploration Ltd, has signed petroleum agreements with Morocco's Office National Des Hydrocarbures Et Des Mines for three offshore areas…
As Australia grapples with chronic oil production decline in the face of rising imports, the buoyant gas sector offers the prospect of rising revenue from LNG export. John Mueller reports.Eyebrow Natural gas lifts Australian reserves As Australia…
Offshore energy means more than just oil and gas. But is it an energy nirvana or a cult of false hope? Bruce Nichols looks at the progress that the marine renewables industry has made, and the hurdles it has to overcome.The latest trend in renewable energy has come to Cobscook Bay in Maine…
UTEC enlists Stenson and Laing for managementAndrew StensonIndependent offshore survey firm UTEC has announced the appointments of new general managers Jamie Laing and Andrew Stenson in Aberdeen, Scotland and Naples, Italy respectively…
Fugro Renewable Services has launched the Inclinocam, which the company bills as a real-time inclination monitoring service to support safe offshore pile installations. The announcement follows the delivery this year of two high performance…
Having partnered successfully through the Scira Offshore Energy joint venture company on the Sheringham Shoal development, Norway's Statoil and Statkraft are working together again on another UK North Sea wind farm project. This follows the acquisition of Dudgeon Offshore Wind…
Former senator Salazar to return to Colorado Interior Secretary Ken Salazar (Photo: DOI)U.S. Department of the Interior Secretary Ken Salazar will resign his position at the end of March, the agency announced on 16 January 2013.As secretary…
JUMBO JOB: The DP2 heavy lift vessel Jumbo Javelin was used to install 111 transition pieces for the Anholt Offshore Wind Farm off Denmark. The transition pieces, weighing up to 180t each, were loaded in Aalborg and transported to Anholt aboard the Javelin…
Chevron needed to survey 14 sites in the Gulf of Mexico, most of which were slated for decommissioning, so it hired Lockheed Martin to deploy its new Marlin AUV to assist. Chevron subsea survey engineer Olugbena Esan and Lou Dennis, Lockheed Martin business development manager…
Ocean Power Technologies has received US government approval for a planned 1.5MW wave power station off the coast of Oregon. The licence is the first to be issued by the US Federal Energy Regulatory Commission for wave power. OPT's plan calls for ten of its PowerBuoy units to be installed 2…
Wood Group won a £17 million management contract to fabricate, install, commission, operate and maintain two weather monitoring stations in one of the UK's largest offshore wind farm developments off the Norfolk and Suffolk coast. The Wood Group…