Tendeka Secures $30M in New Contracts
of international contracts within the last quarter which will cover the next three years."In addition to this unplanned revenue, the company has won long-term work with operators for its swellable packers and sand and inflow control technologies across key energy hubs, including the North Sea, Australasia and the Gulf Cooperation Council (GCC)," Tendeka said Wednesday.Tendeka also said it was delivering its first significant FloSure autonomous inflow control devices (AICDs) campaign in the United States, following a successful trial earlier this year.To support the inflow control of wells
Aquaterra Energy Opens Australia Office
Energy has opened its first engineering office and warehouse facility in Perth, Australia following recent regional contract wins.Located on Murray Street, Perth, Aquaterra Energy’s new office in Australia’s oil and gas hub comes as the company continues to expand its presence in the Australasia region. The office will support regional oil and gas projects to increase efficiencies and reduce costs through its specialist riser analysis and systems, well initiation engineering and full field development solutions. The premises will initially focus on riser analysis and system engineering
Heyman Joins Tymor Marine
Tymor Marine hired Matthew Heyman as Business Development Manager. Heyman has more than 20 years maritime industry experience with companies including Wilhelmsen, Maersk and Stena, in the UK, Europe and Australasia. Tymor Marine is a UK- and USA-based independent marine and naval architectural consultancy with offices in Aberdeen, Glasgow and Lafayette. Tymor delivers a range of design and analysis functions, such as vessel and rig stability and modifications, seafastening of cargo and equipment, subsea deployment analysis, mooring analysis and offshore equipment design and modification.
Neptune Expands Into United States
in the US will deliver and look forward to expanding our client relationships in the region.” Globally, Neptune provides bespoke engineering solutions as well as survey, ROV, inspection repair and maintenance, pipeline stabilisation and diving services to oil and gas operators in Australasia, the Middle East, the North Sea and now the Americas.
Polarcus Wins Broadband 3D Project in Australasia
Polarcus Limited (OSE: PLCS) received a contract award for a broadband 3D marine seismic project in Australasia. The project is due to commence in Q4 2016 and will run for approximately one month.
Charting the Shift of Oceanic Boundary Currents
same pattern for all boundary currents, with the Gulf Stream as the only exception. According to the data, the latter will weaken over the next decades. The study has been published today in the Journal of Geophysical Research professional journal. Along the eastern coasts of South Africa, Asia, Australasia, and South America, weather and climate will get significantly warmer over the next 100 years and thus presumably also significantly stormier on global average. The reason for this are changes to the western boundary currents that are already beginning to have a significant impact on weather events
LOC Expands Australian Operations
;s 12 appointed Special Casualty Representatives globally. Drew Shannon said: “We have great ambitions to grow the LOC presence further and with the combined capabilities of both Perth and Sydney offices,LOC will be able to provide a comprehensive suite of services to serve clients in the Australasia region.” Drew will be responsible for the business development of the Sydney operations, seeking out new prospects in the marine market, and expanding LOC’s portfolio of work in both Australia and the Asian region. Adam Solomons, Managing Director of LOC in Australia, said:
Subsea Vessel Ops Predicted to Grow Over Coming Years
years. Deepwater developments are driven by projects such as Cheveron’s Gandang, Gehem and Gendalo fields, Reliance Industries M-1 and Shell’s Kamunsu East. Both Malaysia and India are expected to account for the largest field development-related vessel demand in Asia over 2015-2019. Australasia Subsea vessel demand in the region will be largely driven by shallow water LNG developments in Western Australia from fields in the Bonaporte, Browse and Canarvon basins. Vessel requirement is also anticipated to increase by 54% as compared to the 2010-2014 period. Field development will account
Demand for Subsea Vessels to Accelerate
40% of global expenditure. Africa alone is set to represent 16% of the market, with the majority associated with deepwater field developments in both traditional Gulf of Guinea markets, such as Angola and Nigeria, as well as the new Indian Ocean growth markets of Mozambique and Tanzania (East Africa). Australasia has the fastest growth rate of all regions with a CAGR of 21% through the forecast period, due to a backlog of high profile gas developments intended to support the region’s ambitious LNG export commitments.”
February 2024
