The owner of a Scottish tidal stream energy project has secured a 398MW, 25-year seabed lease from the Crown Estate, which owns the seabed, for the project. Atlantis owns the MeyGen project, which earlier this month secured major funding packages…
Dow is introducing technologies developed for multiple oil and gas applications, including extraction, production, refining, gas treatment and oil distribution, at Rio Oil & Gas 2014. Dow says their technologies improve energy efficiency…
Statoil has agreed to sell off stakes in the Aasta Hansteen spar development, the Polarled pipeline, and a discovery neighboring Aasta Hansteen to Germany’s Wintershall in a US$1.3 billion deal. As part of the deal, Statoil will also…
Statoil announced that the Dilolo-1 exploration well in the Kwanza basin offshore Angola was drilled to its pre-salt target, but failed to find any hydrocarbons. The well is now in the process of being plugged and abandoned. Statoil says…
In order to expand its Brazilian business, Polarcus has teamed up with Sinergeo for the management of Polarcus do Brazil in Rio de Janeiro. With the addition of Marcelo Fonseca and Marcos Gallotti to the company’s management team, Polarcus…
Ecuador formally joined the World Energy Council as a member country last Friday, 22 August. In a ceremony in Quito, hosted by Dr. Esteban Albornoz Vintimilla, Minister of Electricity and Renewable Energy, the World Energy Council formally…
Statoil is ceasing production on its Huldra platform today (September 3), the company announced. Huldra is the first gravity-based Statoil-operated installation in the North Sea to be shut down permanently. The platform, in production license (PL) 051/052…
Pacific Drilling’s ultra deepwater Pacific Sharav began its five-year drilling contract for Chevron on 27 August 2014. The contract is estimated to be worth more than US$1 billion, bringing Pacific Drilling’s total contract backlog as of 22 June 2012…
Cabotage is trade or navigation in coastal waters and traditionally refers to shipping along coastal routes, transporting passengers or goods from port to port in the same country. Laws governing cabotage serve to protect local industries…
Martin Landro won the Norwegian Petroleum Directorate’s (NPD) IOR award for his work on developing 4D seismic for mapping, production management and monitoring of reservoirs. Landro is a geophysics professor at the Norwegian University of Science and Technology…
Lagos-based Star Deep Water Petroleum signed a contract extension for Pacific Drilling’s Pacific Bora. The Pacific Bora is currently drilling offshore Nigeria. The contract extension increases the drillship’s backlog by approximately US$439 million…
Houston-based Bristow Group Inc., which provides helicopter services to the offshore energy industry, announced today that Chet Akiri has been appointed to the position of Senior Vice President and Chief Corporate Development, New Ventures and Strategy Officer…
Claudio Paschoa takes a look at Ceona’s vertical pipelay vessel, Polar Oynx, now serving Petrobras offshore Brazil. Polar Onyx in the Storfjord in Norway. Photo from Norsk Skipsfarts Forum. With…
On Friday, The US International Trade Commission endorsed anti-dumping duties on steel pipe imports from four Asian countries, Turkey, and Ukraine. The USITC voted on 22 August that imports of oil country tubular goods (OCTG) from South Korea…
Atlantic Petroleum entered commercial agreement to farm out 6% of its 15% ownership in license PL528 in the Ivory prospect located in the Norwegian Sea to Repsol. The deal is subject to government approval. The Ivory prospect is gas prone…
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