London-based, independent oil and gas company Tower Resources Plc has sighed with relief after the repayment of its $750,000 short term loan facility was extended to August 31 this year to enable the company finalize arrangements for the drilling…
Rever Offshore, formerly known as Bibby Offshore, announced the deployment of all four of the company’s vessels since the start of April, 2019 in the North Sea.The subsea services provider to the oil and gas industry said the Rever fleet, which…
The offshore energy logistics company Topaz Energy and Marine announced that it has signed contract extensions for 12 of its vessels currently supporting the offshore operations of BP Exploration (Caspian Sea) in Azerbaijan.According to a press…
Schottel, the manufacturer of propulsion and steering systems for ships and offshore applications, has made a strategic decision to merge its tidal energy businesses into Sustainable Marine Energy (SME), including UK subsidiary TidalStream Ltd…
Dubai-based Marine logistics company Topaz Energy and Marine (Topaz) has signed an agreement with a north European contractor for the charter of Topaz's newbuild for offshore wind farms in the North Sea.The contractor will charter Topaz’s newbuild subsea vessel…
UK-based Tower Resources has announced it has contracted US offshore driller Vantage Drilling International to provide drilling operations at the NJOM-3 well offshore Cameroon. The well is located in Tower’s 100%-owned Thali licence.The Topaz Driller is a Baker Marine Pacific Class 375 jack-up…
Norwegian based Reach Subsea said it has entered an agreement with Dubai headquartered Topaz Energy and Marine to charter newbuild light subsea construction vessel Topaz Tiamat for 2.5 years, plus three one-year options.The Norwegian-built vessel…
CorPower and Sustainable Marine Energy join forces for a wave and tidal developer collaboration to develop and demonstrate generic foundation mooring solution to reduce cost and improve O&M methods.The 35-month UMACK (Universal Mooring, Anchor…
Topaz Energy and Marine has inked a contract with Total to support operations offshore Azerbaijan. Total is operating, on behalf of Joined Operating Company for Absheron Project, a joint venture between SOCAR (50%) and Total (50%). First discovered in 2011…
Empyrean Energy has encountered a new prospect, Pearl, offshore China, following recently acquired 3D seismic in the area. Map from Empyrean. The company finalized the preliminary…
Australia’s marine energy companies have united in an industry task force to advance the commercialization of marine renewable technologies. Tidal and wave energy developers Atlantis Resources, Bombora Wave Power, BioPower Systems, MAKO Tidal Turbines…
Caspian Sea focused Dragon Oil has awarded a US$100 million contract to offshore support vessel (OSV) firm Topaz Energy and Marine for use of six vessels. Dragon Oil is the upstream oil and gas subsidiary of Emirates National Oil Company (ENOC)…
Royal Dutch Shell will exit upstream operations in Ireland with the sale of its Corrib gas field stake to a Canadian pension fund. Source: Shell The sale is part of the company’s strategy to reshape itself through a three-year…
Renewable energy development, including technologies which extract energy from the ocean need to be funded and accelerated to meet carbon reduction targets. Engineers and scientists in Scotland and Aberdeen are ideally positioned to help governments do so…
Empyrean Energy has started a 3D seismic survey on its 100% owned Block 29/11, offshore China. Block 29/11 is about 1800sq km and is situated some 200km south-southeast of Hong Kong in 340-600m water depth. Empyrean has contracted China Oilfield Services Ltd…
