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Drilling of Pingvin Prospect in Barents Sea Completed

September 20, 2014

As a partner in production licence 713, North Energy is completing the drilling of the Pingvin prospect in exploration well 7319/12-1. The well has identified gas in a sandstone reservoir. Extensive data have been acquired from the well through coring, wireline logging and liquid sampling. Updated information from the well will be provided as soon… Continue Reading »

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Petronas Still Eyeing Year End For Canada LNG Investment Decision

September 19, 2014

Pacific NorthWest LNG, a unit of Malaysia’s Petronas, still plans to make a final decision on the construction of a liquefied natural gas (LNG) facility in northwest British Columbia by year end, the unit’s president said on Thursday. Greg Kist, speaking at a Vancouver conference, said the final investment decision (FID) would hinge on whether… Continue Reading »

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RentOcean’s Equipment for Storage of Gemini OWF Cables

September 19, 2014

RentOcean, a 100 percent owned subsidiary of Oceanteam Shipping ASA, has been awarded a contract to supply Van Oord Offshore Wind Projects BV a 3000t demountable onshore turntable system and accompanying equipment for a long-term storage project. The turntable and additional equipment will be used for storage of cables at Eemshaven, The Netherlands for the… Continue Reading »

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Chevron Vows To Use ‘Lessons Learned’ After Angola LNG Missteps

September 19, 2014

A string of missteps at a $10 billion Angolan liquefied natural gas venture has hurt Chevron Corp’s reputation as a top-notch operator of profitable energy projects around the world. Chief Executive Officer John Watson vowed Chevron will learn from the stumbles, which include multiple electrical fires, pipeline leaks, and even a worker’s death after a… Continue Reading »

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Kongsberg’s AUV Pioneer Wins MTS Award

September 19, 2014

Bjørn Jalving, Executive Vice President Subsea at maritime, offshore and subsea technology developer Kongsberg Maritime has been given the Compass Distinguished Achievement Award from the Marine Technology Society. The award ceremony took place on September 16 at the OCEANS 2014 MTS/IEEE conference in St. John ‘s, Newfoundland, Canada. This prestigious award is presented to an… Continue Reading »

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Go deep with an industrial diver

September 19, 2014

Britt Coates can say this for sure: his job is rarely dull. Go behind the scenes, below the surface. Muscling icebergs out of the way? Brushes with bull sharks? Just another day for commercial diver Britt Coates. The diver – and dive instructor – gives us the low-down on his very adventurous, not-quite nine to… Continue Reading »

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Republican Senator Says 2015 Could Be Time For US Oil Export Bill

September 19, 2014

The top supporter in the U.S. Congress for reversing the 40-year ban on crude oil exports, Senator Lisa Murkowski from Alaska, said next year could be the time for a bill on lifting the restriction. “I think it may be timely then,” Senator Lisa Murkowski, the top Republican on the Senate Energy Committee, told reporters… Continue Reading »

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Great Barrier Reef is Effective Wave Absorber, Study Shows

September 19, 2014

New research has found that the Great Barrier Reef, as a whole, is a remarkably effective wave absorber, despite large gaps between the reefs. This means that landward of the reefs, waves are mostly related to local winds rather than offshore wave conditions. As waves break and reduce in height over reefs, this drives currents… Continue Reading »

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Iraq’s Oil Output Revival at Stake for Want of Water

September 18, 2014

DUBAI, Sept 17 (Reuters) – A lack of water threatens Iraq’s plans to raise its oil output, boost its stumbling economy and become a leading producer in the region after Saudi Arabia. A multi-billion dollar common seawater injection scheme designed to boost production from the giant export oilfields in Iraq’s south is snarled up in… Continue Reading »

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McDermott Hires Neptune for Additional Ichthys Work

September 18, 2014

Neptune Marine Services’ Subsea Stabilisation division has been awarded two subcontracts by McDermott Australia for the Ichthys LNG Project. McDermott is the appointed main contractor for the Subsea Umbilicals, Risers and Flowlines (SURF) engineering, procurement, construction and installation portion of the project. The initial subcontract includes the design and fabrication of specialist scour protection systems… Continue Reading »

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