Ecuador formally joined the World Energy Council as a member country last Friday, 22 August. In a ceremony in Quito, hosted by Dr. Esteban Albornoz Vintimilla, Minister of Electricity and Renewable Energy, the World Energy Council formally…
BG Group used Odfjell's Deepsea Metro I drillship for the Sunbird-1 in Block L10A this year. Photo from BG Group. Offshore East Africa is among the newest frontier exploration regions, with results of wildcats eagerly awaited…
Industry Minister Ian Macfarlane announced the award of nine new permits located in Commonwealth waters offshore Western Australia, Victoria, and the Territory of Ashmore and Cartier Islands as part of round one of the Australian government’s 2013 Offshore Petroleum Exploration Acreage Release…
US rakes in $850million for lease sale The US Bureau of Ocean Energy Management (BOEM) received 380 bids for 326blocks in the central Gulf of Mexico, totaling more than US $850 million. Gulf of Mexico Lease Sale 231 attracted operators to bison almost 40 million acres…
Running line in open water Rigless intervention hit the scene in 1969 with Abu Dhabi's Zakum pilot program. Reaching Ultra's Fernando Hernandez explains how the technology has evolved to meet new challenges…
Anadarko Petroleum Company has started drilling theCaravel-1exploration wellin the Canterbury basin offshoreNew Zealand. Drilling is expected to take about 40 days, using the drillship Noble Bob Douglas. The expected total depth is 2800m subsea…
The group will conduct monitoring studies on potential Arctic nearshore impacts in Beaufort Sea development area.Olgoonik/Fairweather LLC, in conjunction with a team of scientists from the University of Alaska Fairbanks, the University of Texas at Austin…
Origin Energy announced October 3 that Kevin McCann will retire as chairman and director after the company's annual general meeting on October 23. The board has elected Gordon Cairns to succeed McCann as the chairman of the board of directors…
The US Department of Energy will invest US$16 million in 17 projects to harness wave and tidal energy. As part of the Obama Administration’s strategy to deploy every available source of American energy, the projects were selected for…
Maritime Developments (MDL), a leading provider of back-deck equipment for the subsea sector of oil and gas industry sector, has secured its largest contract to date.MDL, based in Peterhead and Aberdeen, will provide a 400-tonne reel drive system…
Origin's Yolla MLETDW closes its longest pipeline isolation gig TDW Offshore Services announced that it has completed the longest ever pipeline isolation operation in company history for Origin Energy Limited. For 299 days, the company’s…
BurundiGAC UK & GAC-Seaforth have overcome challenges to complete the successful delivery of a complex collection of cargo to Lake Tanganyika, Burundi, to support Surestream Petroleum (UK)'s explorations in Africa.Independent oil exploration company Surestream Petroleum Ltd…
The annual average oil price of global benchmark Brent crude for 2011 is poised to be the highest (in both real and nominal terms) since 1860, the year after the birth of the modern oil industry in Titusville, Pennsylvania, according to a report by IHS Cambridge Energy Research Associates…
Seeking to bolster its engineering support capability for a growing DP3 hybrid vessel fleet, the Sea Trucks Group occupied smart new premises in Rotterdam earlier this year. For founder and chief executive Jacques Roomans the move might suggest a return to his roots but…
China constantly shakes many of the world's beliefs, for better or worse, from its economic growth to trade to human rights. There is no doubt that China will become before not too long the world's dominant economic power. It also provides an additional…
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