Energean Oil & Gas has announced that the Greek Government has signed license agreements for the Ioannina and Katakolon blocks with the consortia of Energean and Petra Petroleum, for Ioannina, and with Energean and Trajan Oil, for Katakolon…
Houston based drilling and floating production firm Northern Offshore is considering spinning off its sole floating production platform (FPF) into a new business (pictured). The firm operates the semisubmersible Northern Producer FPF…
CGG has started acquiring a large BroadSeisT 3D multi-client survey program in the deep and ultra-deep waters of the Espirito Santo Basin, offshore Brazil. The project has received high prefunding from major industry players. The Espirito Santo Phase III survey will cover more than 9500sq km…
Monaco-based Compagnie Maritime Monégasque S.A.M. (CMM) took delivery of a Damen Platform Supply Vessel (PSV) 3300 in late April. The 80m, 3300t deadweight vessel CMM Gravity was built at Damen Shipyards Galati in Romania, and will be…
Marine Technology Society President-elect Dr. Richard (Rick) Spinrad will be stepping down from his MTS position as he is named chief scientist of the US National Oceanic and Atmospheric Administration (NOAA). President Barack Obama announced the appointment 8 May 2014…
Japan's JX Nippon Oil & Gas Exploration Corp., a wholly-owned unit of JX Holdings, says Petronas has approved the field develoment plan for the Layang gas field. JX Nippon intends to develop the field off the coast of the Malaysia's Sarawak state on Borneo…
Redline Communications Group Inc., a provider of mission-critical wireless networks, announced that it has received a US$1.6 million contract to deliver a marine communications network based on the recently announced RAS Extend Marine product…
Norway-based Enhanced Drilling has completed a pilot, managed-pressure-drilling project with Statoil. Enhanced Drilling’s EC-Drill system, a managed-pressure-drilling system for use off floating rigs, was used to drill three branches…
Centrica Resources Norge AS, operator of production license 405, has announced that exploration wells 8/10-5 S and 8/10-5 A are dry. The wells were drilled approximately 13km southeast of the Ula field, in the southern sector of the North Sea…
MultiClient Geophysical (MCG) has announced an extension of the multi-client 2D (MC2D) Barents Super-Tie towards the east into the newly opened Barents South East (former Disputes Zone between Norway and Russia). The new lines will tie…
UK-based drilling rig operator Awilco says the UK North Sea floating drilling rig market is close to sold out until mid-2015. Announcing its Q1 results, the firm said due to the sustained “high” oil price and increased operator financial discipline…
Premier Oil says government approval for its UK North Sea Catcher development is expected soon and that the FEED and drilling contracts on Sea Lion in the Falklands will be issued this quarter. Premier said key service contracts covering the Catcher FPSO (pictured)…
Talisman Sinopec Energy UK's managing director Geoff Holmes left the busines with immediate effect, yesterday, with the firm's executive vice-president Europe-Atlantic Paul Warwick taking over the job in an interim role (pictured). Talisman…
Petrobras began production from its P-62 platform at the Roncador field, in the Campos Basin, off Brazil, the company announced on 12 May. The 111sq km Roncador field is located in a water depth of 1800m and is divided into four modules with differing API densities…
On Saturday, 10 May 2014, at 2 p.m. local time (10 p.m. Friday EDT), the hybrid remotely operated vehicle Nereus was confirmed lost at 9990m (6.2mi.) depth in the Kermadec Trench northeast of New Zealand. The unmanned vehicle was working…