N-Seatec has been awarded an order for delivery of a complete HD Camera system. The Bowtech Surveyor HD Camera will be mounted on a Workclass ROV for inspection purposes and will have HDSDI output and delivered complete with cabling and interfacing. N-Seatec is the exclusive representative and distr
FES International, a global provider of fluid transfer systems, has announced the completion of the first phase of a major new project with Saipem Drilling, in which it supplied a range of products, enabling fluid flushing and pressure testing to support the delivery of the Nord Stream consumer gas
Sembcorp Marine’s subsidiary PPL Shipyard has secured a US$213 million order from Safin Gulf to build a Pacific Class 400 jack-up drilling rig. The Pacific Class 400 jack-up drilling rig, a proprietary design of PPL Shipyard, represents the latest generation of high-specification jack-up drilling ri
The Belgian Navy has added to its fleet of Autonomous Underwater Vehicles (AUVs) from Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of AUVs. Two new REMUS 100 AUVs will enable the Belgian Navy to detect underwater mines, improvised explosive devices and other undeton
Anadarko Petroleum Corporation yesterday reported the successful results of the Heidelberg-2 appraisal well, situated in Green Canyon block 903 in the deepwater Gulf of Mexico, which encountered approximately 250 net feet of oil pay in high-quality Miocene sands. The appraisal well was drilled to a
Aker Solutions reported an 18 percent increase in revenues and a solid operating result in the fourth quarter of 2011, reflecting strong market conditions and high activity in the oil and gas industry. Revenues in the fourth quarter of 2011 amounted to NOK 11 600 million, compared with NOK 9 794 mil
Austal has allocated its first shipbuilding project to its recently acquired shipyard in the Philippines. Construction of the vessel will commence in the first quarter of this year, and provide work through to November. Austal acquired the shipyard in the West Cebu Industrial Park in Balamban, Cebu
Production on HMS PRINCE OF WALES, the second Queen Elizabeth Class aircraft carrier, has started today at BAE Systems in Portsmouth Naval Base – the future home of the Queen Elizabeth Class. Work on the forward section of the hull, known as Lower Block 02, commenced as Commander-in -Chief Fleet Adm
Aker Solutions reported an 18 percent increase in revenues and a solid operating result in the fourth quarter of 2011, reflecting strong market conditions and high activity in the oil and gas industry. Revenues in the fourth quarter of 2011 amounted to NOK 11 600 million, compared with NOK 9 794 mil
OceanServer Technology, Inc. has recently delivered two AUVs to SC Marine Research SRL located in Bucharest, Romania. Marine Research is a new and dynamic company devoted to the research of aquatic environments in and around Romania. The two IVER2 systems will initially be used to map the sea bottom
Globus Maritime Limited, a dry bulk shipping company, announced redelivery of vessel by Charterers outside the dedelivery range and without replenishment of bunkers. Specifically, Allied Maritime Inc., the Charterer of the m/v Star Globe, a 2010-built 56,867 dwt Supramax bulkcarrier, informed Compan
Norway’s Statoil and its U.S.-based partner ExxonMobil confirm that the Zafarani-1 well in Block 2 offshore Tanzania has encountered indications of natural gas in a good quality reservoir. Drilling operations are still on-going and it is too early to give any indication of size and commerciality. Th
Apache Corporation today reported that record production and strong oil prices combined to generate record full-year 2011 earnings of $4.5 billion or $11.47 per diluted common share, up 50 percent from $3 billion or $8.46 per share in 2010. Production increased 14 percent to 748,000 barrels of oil e
Two wind energy giants receive up to GBP 250 million a year in subsidies, reports North West Evening Mail A Swedish company, Vattenfall, which owns six windfarms in Britain, including the Ormonde windfarm off Walney, will receive GBP 139 million. Dong Energy, a wind power company from Denmark, with