The US Department of Energy will invest US$16 million in 17 projects to harness wave and tidal energy. As part of the Obama Administration’s strategy to deploy every available source of American energy, the projects were selected for…
Reef Subsea is to restructure its business into two divisions - one focused on integrated subsea projects and to be led by a new managing director. Reef Subsea Integrated Projects, formed by the merger of Reef Subsea Power & Umbilical and Reef Subsea Norway…
Shell continues to build upon a strong position in the Perdido Foldbelt by adding to its portfolio one strategically located block in the Western Gulf of Mexico during today’s US Bureau of Ocean Energy Management (BOEM) Lease Sale 233…
Statoil has made a third discovery of crude oil in the Flemish Pass basin, offshore Newfoundland. The discovery was made on the Bay du Nord prospect (EL1112), located approximately 500km northeast of St. John’s, Newfoundland and Labrador…
Black Elk Energy has released a new, third-party investigative report concerning the fire and explosion on the West 32-E platform that killed three contract workers. The findings take a hard look at the contractors involved in maintenance operations prior to the incident…
Calgary-based BP Exploration (Canada) Ltd. has proposed a 3D seismic acquisition program over Exploration Licenses 2431, 2432, 2433 and 2434 (shown in dark green, center of map at right). The blocks are 230 to 370 km southeast of Halifax…
Shell picked Technip to provide engineering, procurement, and installation services covering subsea infrastructure at the Stones field in the US Gulf of Mexico. The contract's scope includes installation of the subsea production system and Stones lateral gas pipeline…
The Obama administration selected Coast Guard veteran Brian Salerno as director of the US Bureau of Safety and Environmental Enforcement (BSEE). Salerno previously served as a former Vice Admiral in the US Coast Guard. He will take over the position from James Watson…
Duma Energy Corp. signed a Letter of Intent to acquire 100% of the outstanding stock of Houston-based Hydrocarb Corp. In August 2012, Duma purchased a 39% working interest in Hydrocarb’s highly prospective 5.3 million-acre Owambo Basin concession in northern Namibia…
Mexican President Enrique Peña Nieto proposed his plans to reform Mexico’s energy industry in an effort to ease restrictions on foreign investment. The plan calls for amendments to articles 27 and 28 of the Mexican Constitution, which…
Fugro Chance Inc. provided three-dimensional (3D) acoustic metrology on a large 36-inch (91 cm) diameter spool piece, despite environmental and logistical challenges. The highly accurate metrology was performed from a platform in Enlace Litoral Tabasco…
Drydocks World announced today that the world’s first Modular Capture Vessel (MCV), Eagle Texas, sailed away from its yard. The conversion of the AFRA max tanker was carried out by Drydocks World – Dubai and was completed for Singapore based AET…
The US Bureau of Ocean Energy Management (BOEM) yesterday announced availability of a revised environmental assessment (EA) and its finding of no significant impact (FONSI) for lease issuance to conduct marine hydrokinetic technology testing offshore Florida…
Halliburton entered into an agreement of cooperation with Gazprom Neft for the introduction of new technologies to improve operational efficiency in Gazprom Neft fields. Enhancement of mature field development efficiency and implementation…
The United States Energy Information Administration (EIA) issued news release on 9 August with its forecast that China's net oil imports will exceed those of the U.S. by October 2013 on a monthly basis, and by 2014 on an annual basis, making China the largest oil importer in the world…
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