Santos today announced that proved and probable (2P) hydrocarbon reserves increased to 1,445 million barrels of oil equivalent (mmboe) as at the end of 2010. This represents a 2P reserves replacement ratio of 110% and is the company’s seventh successive annual increase in its reserves. Successful ex
International renewable energy consultancy Natural Power announced today the signing of a joint services agreement with US wind turbine inspection and maintenance services company Rev1 Renewables, part of Rev1 Power Services, Inc. The announcement comes days after in depth discussions at AWEA’s Powe
A new quarterly Journal of Ship Hull Performance and series of White Papers has been launched by Hydrex Group with a view to informing shipowners, ship operators, navies, interested government officials, port authorities, maritime institutions and media of the latest developments and state of the ar
Argus Subsea produces its AZ-10 fully concentric, vertical mono-bore subsea tree design for rapid field development. Originally designed… (pddnet) [mappress] Source: pddnet,February 08, 2011;
Georgia Tech Savannah is hosting a seminar on the subject of Autonomous Underwater Vehicles (AUVs) and Synthetic Aperture Sonar (SAS). Professor Wen Xu of Zheijang University, located in Hangzhou, China, will present an overview on the development of AUVs and SAS and their role in such endeavors as
When the bridge to Cornwall Island comes down in the next several years, so will a natural gas pipeline running across the river… (standard-freeholder) [mappress] Source: standard-freeholder,February 08, 2011;
Offshore player Greatship India is betting big on the subsea support services to drive its next leg of growth. Foraying to become a service provider in the specialised sector of underwater support services for the oil and gas exploration and production market, Greatship eyes the segment to grow as m
Town Manager Bruce St. Denis was informed this week that the dredge Atchafalaya will be delayed in its arrival to Longboat Key, which will… (lbknews) [mappress] Source: lbknews, February 8, 2011;
Bulgarian President Georgi Parvanov has called for work on the project to supply Azerbaijani LNG from Georgia to Romania to be stepped up… (news.az) [mappress] Source: news.az , February 8, 2011;
The first tanker carrying liquefied natural gas is expected to arrive at a new $1.1 billion terminal along the Mississippi coast early this… (wapt) [mappress] Source: wapt, February 8, 2011;
Repsol has been chosen as Best European Energy Company for Leadership according to a study carried out by the International consulting firm Hay Group. This study, entitled Europe’s Best Companies for Leadership, evaluates the best companies on the continent in terms of the quality of their executive
Today, the world’s biggest submarine pipeline plough, PL3, arrived in the Baltic Sea on the deck of mother ship Far Samson. The subsea plough will be used to entrench the Nord Stream Pipeline in Swedish and Danish waters. Lowering of the pipeline below seabed level using PL3 ensures that the pipelin
CB&I will host a conference call February 22, 2011 at 4:00 p.m. CST (5:00 p.m. EST) following the release of its fourth quarter and full-year 2010 financial results. The webcast will be available at www.CBI.comInvestor Relations. About CB&I CB&I designs, engineers and constructs some of the world’s
The Board of Directors of Pöyry PLC has approved a new share-based incentive plan for the Pöyry Group key personnel. The plan includes earning periods which commence at the beginning of years 2011, 2012 and 2013. The first earning period is calendar years 2011-2013. The Board of Directors will annua
