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Petrojarl Knarr FPSO Arrives at Aibel for Final Preparations

September 18, 2014

The new floating production vessel Petrojarl Knarr has arrived from Korea at Aibel’s shipyard in Haugesund. Here the ship will be prepared before installation on the Knarr field. The assignment contributes to full employment at the yard for the upcoming weeks, before Petrojarl Knarr once again leaves Aibel by the end of September, according to… Continue Reading »

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BP To Cut 275 Jobs In Alaska After Oil Field Disposals

September 17, 2014

BP will cut around 275 staff and contractor jobs in its Alaska operations in early 2015 following the sale of its interests in four oil fields in the North Slope area, it said on Tuesday. BP, one of the largest oil producers in Alaska, last April announced the sale of the fields to privately held… Continue Reading »

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GO Phoenix Heads to Indian Ocean to Search for MH370

September 17, 2014

An Otto Marine vessel GO Phoenix has left Singapore last week to participate in a search for the missing Malaysia Airlines MH370 aircraft in the southern Indian Ocean. As Next Insight reports, GO Phoenix will participate in a search along with two other vessels Fugro Discovery and Fugro Equator. These vessels, using towed vehicles equipped… Continue Reading »

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PTTEP Plans $3.3B Capex for Myanmar Projects for 2014-2018

September 17, 2014

Thailand’s PTT Exploration and Production Public Company Limited (PTTEP) allocated $3.3 billion in capital expenditure for its projects in Myanmar between 2014 and 2018, or just over 20 percent of the $16 billion that the company has earmarked for its projects worldwide. PTTEP indicated that the capex for Myanmar will go to seven exploration projects: Myanmar… Continue Reading »

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Scientists Find Large Submarine Canyon in Med

September 17, 2014

A massive underwater canyon has been discovered in the Mediterranean near Italy by an international team of scientists that includes mapping experts from the National Oceanography Centre. The canyon measures almost 1000 square miles (2,500 sq km) and the scientists believe this giant area was not carved out by current flows, the usual way underwater… Continue Reading »

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Unconventional Oil, Gas to Lift US Energy Exports

September 17, 2014

The rapid rise in U.S. unconventional oil and natural gas production will help boost U.S. energy exports by around 5 percent per year through 2030, according to the September 2014 U.S. HSBC Global Connections Trade Forecast. Imports of petroleum are expected to decline from 12 percent in the near-term to 7 percent in the long-term,… Continue Reading »

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China’s CNOOC Makes Deepwater Gas Field Discovery In South China Sea

September 16, 2014

China National Offshore Oil Corp (CNOOC) has made a deepwater gas field discovery in the northern part of the South China Sea, it said on Monday. The offshore oil and gas specialist found a high volume of gas flows in the Lingshui 17-2 well in August, it said on its website. Lingshui 17-2 gas well… Continue Reading »

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Boat with African Migrants Sinks Offshore Libya

September 16, 2014

A boat with around 250 African emigrates trying to reach the European coast sank near Libya. As Reuters reports, the boat had sunk near Tajoura, and until now only 26 people have been rescued. A Libyan Navy spokesperson said that emigrants on the sunken boat were mostly Africans. Migrants have been leaving North Africa for… Continue Reading »

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EX COMMERCIAL WELDER HELPS AHMED GABR

September 16, 2014

“In the future, I’ll be more careful about having good ideas so I don’t end up having to weld in 45 degree heat.” So says Frank Vahrenhorst, one of the team responsible for helping Ahmed Gabr attempt to reach 350m on open circuit scuba this month. Frank’s role on the team has been to manage the giant… Continue Reading »

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