FAR Ltd. recently completed detailed geotechnical studies and assessed significant hydrocarbon resource potential in its Guinea Bissau 3 blocks offshore, Sinapa Block 2 and Esperanca Block s 4 A /5 A in West Africa. (FAR: 21.43% paying interest…
SeaBird Exploration Plc, in partnership with Acorn Geophysical Ltd., plans to commence an additional 3D seismic acquisition project in the Gulf of Guinea. The survey is an extension of the 3D project previously announced on 15 January 2014 for 1500sq km with US$4…
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…
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…
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…
A closer look at the integration and delivery of first oil in Mars B through the Olympus tension-leg platform.
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…
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…
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…
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…
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 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…
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…
Aberdeenshire-based subsea specialist ROVOP has expanded its fleet of remotely operated vehicles (ROVs) by taking delivery of four new hydraulic work class systems, with a further four new ROVs expected later in the year. The company…
On 30 Jan 2014, House Government Bill C-22 was introduced in the second session of Canada's 41st Parliament, amending the Canada Oil and Gas Operations Act for, among other matters, new requirements for regulatory preauthorization of…
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