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USA: MBARI Engineer Works on Wave Energy Production System
Business & Finance

USA: MBARI Engineer Works on Wave Energy Production System

MBARI engineer Andy Hamilton looks out his office window in Moss Landing and points at the waves crashing on the beach below. “Pretty impressive, aren’t they? You’d think there’d be a way to make use of all that energy.” Since 2009, Hamilton has led a team of engineers trying to do just that. Their

about 14 years ago
Cyprus: Songa Offshore – Fleet Status Update for April
Business & Finance

Cyprus: Songa Offshore – Fleet Status Update for April

Songa Offshore has provided its fleet status update for April 2012: Songa Venus achieved an operating efficiency of 100% during the month. The rig continues to operate for Petronas Carigali in Malaysia. Songa Mercur achieved an operating efficiency of 100% during the month. The rig continued to oper

about 14 years ago
Satlantic Representatives Discuss Research Applications Across the Globe
Business & Finance

Satlantic Representatives Discuss Research Applications Across the Globe

In 2012, Satlantic is making a concerted effort to develop a broader understanding of user requirements across international markets. Satlantic representatives have been very busy traveling to several international regions including China, India, Brazil, UK and Germany, meeting with scientists and t

about 14 years ago
UK: Breagh Development Drilling Starts. First Gas in 3Q
Business & Finance

UK: Breagh Development Drilling Starts. First Gas in 3Q

Development drilling operations have commenced at Breagh field in the UK Southern North Sea, Sterling Resources report. The Ensco 70 rig has been deployed to start the Breagh development drilling program in anticipation of first gas production from the field during the third quarter. Previously dril

about 14 years ago
Singapore: GL – Maritime Software Drives Energy Efficiency
Business & Finance

Singapore: GL – Maritime Software Drives Energy Efficiency

Shipping is highly underinvested in modern software technologies. Only 0.7% of the investments that go into new vessels go into software technologies. With rising fuel prices and operating costs leaving the industry facing ever slimmer profit margins, Germanischer Lloyd (GL) experts showed how the i

about 14 years ago
Russia: Deep-Sea Submersible Identifies Lost Trawler Ametist
Business & Finance

Russia: Deep-Sea Submersible Identifies Lost Trawler Ametist

With the help of deep-sea submersible Panther Plus experts managed to identify trawler Ametist lost in the Sea of Okhotsk in Feb 2011, said press secretary of FSUE KamchatNIRO Maria Varkentin referring to director Oleg Lapshin who is coordinating the search operation on board research ship TINRO. “I

about 14 years ago
USA: Associated Terminals LLC Orders Its Seventh Gottwald Floating Crane
Business & Finance

USA: Associated Terminals LLC Orders Its Seventh Gottwald Floating Crane

Associated Terminals LLC in Louisiana/USA is expanding its fleet of machines with its seventh Gottwald Floating Crane. A Generation 5 Model 8 crane variant will be starting commercial operation this month and will be one of the highest performance Floating Cranes handling bulk materials on the Missi

about 14 years ago
Singapore: Swiber Achieves Robust Revenue Growth in First Quarter 2012
Business & Finance

Singapore: Swiber Achieves Robust Revenue Growth in First Quarter 2012

Swiber Holdings Limited, a world class integrated construction and support services provider to the offshore oil and gas industry today reported robust revenue as the Group successfully executes on its full suite of services – EPIC, offshore marine and subsea services – for the various contracts sec

about 14 years ago
Norway: Statnett Reports Profit After Tax of USD 45 Million
Business & Finance

Norway: Statnett Reports Profit After Tax of USD 45 Million

The Statnett Group reports profit after tax of NOK 265 million for the first quarter of 2012. The corresponding figure for the same period in 2011 was NOK 394 million. The reduction was due to downward adjustment of tariffs for 2012 and lower congestion revenues in the period. In the first quarter o

about 14 years ago
Afren Strikes Oil at Ebok NFB, Offshore Nigeria
Business & Finance

Afren Strikes Oil at Ebok NFB, Offshore Nigeria

Afren plc announces that the Ebok North Fault Block exploration well, offshore south east Nigeria, has encountered 370 ft true vertical thickness (TVT) of net oil pay in excellent quality reservoir sands. The Ebok North Fault Block (“Ebok NFB”) exploration well was spudded on 12 April 2012 by Afren

about 14 years ago
The Netherlands: Imtech Marine, SHL Sign Support Contract for Second Crane Vessel
Business & Finance

The Netherlands: Imtech Marine, SHL Sign Support Contract for Second Crane Vessel

Imtech Marine’s Advanced Support Agreements, which include 24/7 remote Monitoring & Maintenance, are raising interest among ship owners. Recently, Seaway Heavy Lifting (SHL) signed a support contract for a second crane vessel. The Imtech Marine support agreement covers all of the systems onboard, in

about 14 years ago
Namibia: No Tapir Oil for Chariot
Business & Finance

Namibia: No Tapir Oil for Chariot

Chariot Oil & Gas Limited , an oil and gas exploration company focused on Africa, announces that the Tapir South (1811/5-1) exploration well in Northern Block 1811A in the Namibe basin offshore Namibia has reached a total depth of 4,879 metres TVDss. The the second well ever to have been drilled in

about 14 years ago
UK: CodaOctopus Signs Echoscope Agreement with Atlas Services
Business & Finance

UK: CodaOctopus Signs Echoscope Agreement with Atlas Services

An important part of the TAP service is the provision of trained, expert operators who are able to ensure that the Echoscope is operating optimally as soon as it’s installed, and is providing imagery and recorded data to suit the customer’s requirements. CodaOctopus has entered into an agreement wit

about 14 years ago
USA: Virgin Oceanic First Manned Dive Testing
Business & Finance

USA: Virgin Oceanic First Manned Dive Testing

Virgin Oceanic sub has entered the manned test phase with the first free, off the hook testing. For the last two weeks the Oceanic team has been testing and improving launch and recovery and pulling together the details. The first manned test by Chief Pilot Chris Welsh was brief; life support was go

about 14 years ago
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