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Norway Launches Expanded Oil Licensing Round in Mature Areas

April 25, 2015

Norway launched its 2015 oil and gas licensing round in mature areas on Tuesday, expanding it to include blocks near recent discoveries, hoping for additional resources to make future developments more profitable. Western Europe’s biggest energy producer regularly offers blocks that were either handed back or not taken in previous rounds as technological advances and… Continue Reading »

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Impact Subsea Inks Distribution Agreement with Qingdao Hisun

April 25, 2015

Impact Subsea Ltd has signed an exclusive distributor agreement with Qingdao Hisun Ocean Equipment Corporation Limited (Qingdao Hisun) for distribution of products in China.  Commenting on the agreement, Benedict Grant, Managing Director of Impact Subsea stated:”We are exceptionally pleased to form an agreement with Qingdao Hisun. The distribution agreement will enable Impact Subsea to provide exceptional products… Continue Reading »

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China Defends Vessels’ Actions Against Philippines in South China Sea

April 24, 2015

China on Wednesday defended the actions of its vessels in the disputed South China Sea after the Philippines accused China’s coast guard of using water cannon on Philippine fishing boats and urged Manila to increase its “education” of its fishermen. Filipino fishermen said that China’s coast guard boarded their fishing boats and threw away fish… Continue Reading »

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C-Innovation Mobilizes Six New UHD-III ROVs in GoM

April 24, 2015

C-Innovation (C-I) mobilizes six new UHD-III remotely operated vehicles (ROVs), manufactured by FMC Technologies Schilling Robotics for work in the Gulf of Mexico throughout 2015. First awarded is a 10-year contract for multi-service support of the BP Thunder Horse PDQ in the Gulf of Mexico. UHD-III vehicles #09 and #10 will be installed on the Thunder… Continue Reading »

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Offshore Upstream Activities Taking Shape in Myanmar, Slowly

April 24, 2015

The year-long process by Myanmar to formally conclude the award of 20 production sharing contracts (PSCs) offered in Offshore Bidding Round – 2013 is finally within sight and the remaining blocks are expected to be awarded soon. Despite the current industry downturn, arising from low oil prices which fell by over half since the second… Continue Reading »

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Polarcus Wraps Up 3D PSTM in 18 Hours

April 24, 2015

Norway’s Polarcus has completed its first commercial onboard broadband fast track data processing project for one of the world’s largest independent oil and natural gas exploration and production companies, setting a new standard for turnaround. A 1,750 square kilometer broadband 3D volume was successfully processed through pre-stack time migration (“PSTM”) onboard the Polarcus seismic vessel… Continue Reading »

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The Franklin Expedition Breaking the Ice 2015 – Meet the Dive Team

April 24, 2015

Parks Canada’s underwater archaeologists and the Royal Canadian Navy’s Fleet Diving Unit Atlantic will dive under the Arctic sea ice this April to study the wreck of HMS Erebus. Get to know them! More profiles to come soon! Marc-André Bernier Marc-André Bernier © Parks Canada Name: Marc-André Bernier Age: I look much younger than I am!… Continue Reading »

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Huisman Opens New Production Facility in Brazil

April 24, 2015

Huisman, the worldwide specialist in lifting, drilling and subsea solutions, officially opened new production facility in Navegantes, Santa Catarina state, in the south of Brazil on Thursday April 16. The facility is used for the manufacturing of offshore equipment for the Brazilian market. It is located along the Itajai-Açu river, enabling fast installation of Huisman… Continue Reading »

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3 possible dangers to offshore oil rigs

April 24, 2015

Working with offshore oil rigs is potentially rewarding, but also exposes owners and crew to danger. In worst case scenarios, operators have to consider worker injuries, damaged equipment and the possibility of an oil spill. Purchasing and managing appropriate marine insurance will potentially provide reimbursement for energy companies when a catastrophe makes facilities unusable. There are… Continue Reading »

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Gazprom in New Gas Pipeline Talks with Greece

April 24, 2015

Athens hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Alexis Tsipras, Prime Minister of the Republic of Greece. The parties addressed the main areas and prospects for the Russian-Greek cooperation in the gas sector. The meeting pointed out the need to diversify natural gas supply routes to Europe and… Continue Reading »

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