Dubai based oil and gas engineering and fabrication firm Lamprell has been contracted by Petrofac Emirates to fabricate 29 modules for the Upper Zakum artificial island field development being developed by the Zakum Development Company, part of Abu Dhabi Oil Company (ADNOC)…
Ireland’s Government has launched the 2015 Atlantic Margin Oil and Gas Exploration Licensing Round and a new offshore oil and gas production taxation regime, including an increase in the top tax rate. The new round, which will close September 2015…
Two dry exploration well results have been announced offshore Norway. The Norwegian Petroleum Directorate said the Statoil Petroleum operated wildcat well 7324/2-1, 'Apollo,' which was the first well in production licence (PL)615…
Figure 1: The Cygnus field is the sixth largest gas field in the southern North Sea and the largest to be discovered in the last 25 years within the southern North Sea gas basin.Image from GDF Suez. A…
IHC Merwede has introduced the world’s first four-tracked subsea trencher, specifically developed for shallow water operations and targeted towards cable burial in offshore wind farms. Read an in-depth feature here: Traq-ing underwater…
BSEE Director Brian Salerno discusses the importance of SEMS at OTC 2014. Photo by Barchfeld Photography. The 45th annual Offshore Technology Conference in Houston brought together US regulators…
Statoil will pay COSL Offshore Management (COM) a one-time settlement of US$65 million under an agreement reached today that ends disputes related to the stand-by fees of two semisubmersible platforms. The stand-by fees stemmed from the installation of third-party equipment…
GSP Saturn has arrived for exploration drilling at the Gazpromneft Sakhalin-operated Dolginskoye field, located in the Arctic shelf of the Pechora Sea. The Gazprom Neft subsidiary announced 21 January its plans to drill an exploration well and take core samples at the field…
Russian based Rosneft announced a joint venture agreement regarding implementation of vessel, drilling rig, and marine equipment construction and design projects that was signed at the 21st World Petroleum Congress on 16 June. The joint venture was entered by Rosneft…
Aberdeen-based Return To Scene Limited, a SeaEnergy subsidiary, has been awarded a contract for provision of an R2S visual asset management system by Mexican national oil company Petróleos Mexicanos (PEMEX), following a competitive public international tender process…
Italian shipbuilder Fincantieri is making an initial public offering to raise funds for projects and acquisitions. The company is wholly owned by Italian state lender Cassa Depositi e Prestiti (CDP). It will offer up to 38.2%, and new shares will be priced between €0…
The Mineral Licence and Safety Authority of the Government of Greenland (MLSA) has contracted ASL Environmental Sciences to build and maintain a web-based marine geoportal from which sea ice, iceberg, metocean, and seafloor data from the…
The pace of innovation in the offshore industry is awe-inspiring. It’s amazing to look at today’s capabilities and think about how they weren’t even possible a few years ago. Of course, from the perspective of the regulator, it is also a little daunting…
Dr. Michael A. Alfultis, a retired US Coast Guard captain, and the director and chief administrative officer of the University of Connecticut’s Avery Point campus, has been named as the next president of the SUNY Maritime College in Fort Schuyler…
Marine science and ocean research programs across the United States are set to benefit from access to more affordable underwater technology thanks to a new discount scheme introduced by Houston-based Sonardyne Inc. Under the terms of the company’s Academic Discount Partnership…