The Technical University of Denmark’s (DTU) new Danish Hydrocarbon Research and Technology Centre opened 18 September. DBU platform Image: DTU DTU said that it wants to train…
Two massive, 20,000-pound buoys decked out with the latest in meteorological and oceanographic equipment will enable more accurate predictions of the power-producing potential of winds that blow off US shores. The bright yellow buoys — each worth about US$1…
Alex Imperial has taken over as DNV GL Oil & Gas’s regional manager for South America just as the company is creating a dedicated research unit in Brazil. Imperial recently left Singapore, where he was Director for DNV GL’s Deepwater Technology Centre…
Thailand’s Mermaid Maritime Public Co. has been awarded two saturation diving services contracts valued at US$40 to $45 million in the Middle East Mermaid is using the DP3 multipurpose vessel Bourbon Evolution and will additionally deploy specialized diving equipment…
Houston-based Dune Energy has been acquired by Eos Petro Inc. in a cash deal. Eos will acquire all of the outstanding shares of the Dune for $0.30 per share in cash pursuant to an agreement and plan of merger dated 17 September 2014. It…
Oil and gas engineering services firm Plexus Holdings has added a new board member as it looks to expand its business overseas. The firm has appointed US-based Charles Edward Jones to the board of Plexus as a non-executive director with immediate effect…
Australia’s oil and gas industry has appointed a new CEO after the departure of Jane Cutler. The contry's National Offshore Petroleum Safety and Environmental Management Authority (NOPSEMA) new CEO is Stuart Smith. Australian Petroleum…
Scotland today (September 18) goes to the polls to decide on its possible future fate as an independent nation. It is being hailed as a historic day for the country. But, for some, the mere existence of the referendum has already damaged investment in the UK North Sea…
Petrobras expects pre-salt production to account for 50% of its total production by 2020, Carlos Tadeu Fraga, Petrobras’ general manager for pre-salt E&P told attendees at Rio Oil and Gas 2014 on Wednesday. Fraga (pictured) stepped in…
iSURVEY Offshore, a provider of survey and positioning services to the global oil and gas, offshore renewables and telecommunications markets, has completed a contract with Bibby Offshore’s ROV division worth more than £500,000. The work was performed in the UK sector of the North Sea…
Mozambique's state oil and gas company, Companhia Moçambicana de Hidrocarbonetos SA (CMH) posted a profit of US$37.8 million in 2013, a year-on-year increase of 29%, according to the company’s report and accounts for last year. According to a CMH report cited by the Mozambican press…
Malaysia’s UMW Offshore Drilling Sdn. Bhd. and Frontier Oil Corp. signed a US$20 million agreement for Frontier to drill two wells in the Calauit oil field off northwest Palawan in the Philippines. The contract is for a 120-day period with an option to extend for an additional 180 days…
Over US$30 billion will be committed in Mozambique to produce 20 million tonnes of LNG annually (mtpa), with the ports of Pemba and Palma to be redeveloped under a massive program. Mozambique's national oil company, Empresa Nacional de Hidrocarbonetos (ENH)…
German company RWE Dea has been awarded two offshore blocks in the Gulf of Suez in Egypt’s international bid round. The new RWE Dea licences in the Gulf of Suez Map from Dea RWE will become…
P&O Maritime, a subsidiary of Dubai-based global marine terminal operator DP World, has acquired a majority stake in Remolcadores de Puerto y Altura S.A. (Repasa), a Spanish operator of offshore support vessels. P&O and Repasa will form a new joint-venture company under the P&O Maritime brand…