In 2012, Russian Navy Hydrographic Service will receive a new Project 19920 large-size hydrographic boat. Two boats of that project are already in service at Caspian Flotilla and Pacific Fleet. The third vessel is planned to join Northern Fleet. Boat of that kind is designed for hydrographic and buo
Centrica plc, the parent company of British Gas, has reached an agreement with ConocoPhillips to acquire its non-operated interests in the gas and oil producing Statfjord field and associated satellites for a total cash consideration of $223 million (£142 million), including $103 million (£66 millio
Eco Marine Power Co. Ltd. (EMP) today unveiled a concept ship design incorporating its Aquarius Marine Renewable Energy (MRE) System. This concept design is called the Aquarius Eco Ship and is part of Eco Marine Power’s ongoing development efforts aimed at moving shipping towards a more sustainable
Statoil and its partners on the Snøhvit field have increased the reserves estimate by 20 billion standard cubic metres of gas. Production experience from the field has proven that it is possible to produce more gas from the reservoirs than previously assumed. The adjustment corresponds to an increas
Pelamis Wave Power is celebrating fourteenth anniversary, and some fantastic achievements and world firsts during those fourteen years, including: • The world’s first export of electricity from an offshore wave energy converter to an onshore grid network • Supply and commissioning of the world’s fir
Statoil and its partners on the Snøhvit field have increased the reserves estimate by 20 billion standard cubic metres of gas. Production experience from the field has proven that it is possible to produce more gas from the reservoirs than previously assumed. The adjustment corresponds to an increas
The signing ceremony of cooperative agreement between Nantong COSCO Heavy Industry Co.,Ltd. (CHIC) and Italy Remazel Co. was held on January 17 in Shanghai. Representatives of both sides witnessed the signing of the agreement. Mr. Wang Zhihua, General Manager of Nantong COSCO Heavy Industry Co.,Ltd.
With ports and sea freight in the Middle East expanding and regional shipping lines facing unprecedented challenges, leaders in international business and government will meet at the Abu Dhabi National Exhibition Centre (ADNEC) from April 2 to 4 for the World Ports and Trade Summit 2012. Over 4,000
Chevron Corporation reported earnings of $5.1 billion ($2.58 per share – diluted) for the fourth quarter 2011, compared with $5.3 billion ($2.64 per share – diluted) in the 2010 fourth quarter. Full-year 2011 earnings were $26.9 billion ($13.44 per share – diluted), up 41 percent from $19.0 billion
Satellite tracking data from the International Fund for Animal Welfare suggests the majority of dolphins rescued during recent mass strandings have survived their ordeal and are currently about 18 miles off the coast of Maine. IFAW rescuers placed temporary satellite tracking tags on six of the twen
Chevron Corporation today reported earnings of $5.1 billion ($2.58 per share – diluted) for the fourth quarter 2011, compared with $5.3 billion ($2.64 per share – diluted) in the 2010 fourth quarter. Full-year 2011 earnings were $26.9 billion ($13.44 per share – diluted), up 41 percent from $19.0 bi
Sovcomflot is extending the use of electronic navigational charts on its ships. The transition process is being supported by use of the electronic international database provided as part of the Transas Admiralty Data Service (TADS), offered by the Transas company. SCF originally started using electr
The first well in Bayfield’s exploration and appraisal programme in the offshore Galeota Licence Area is expected to spud today (27 January 2012). The Rowan Gorilla III is already on location and jacked-up in preparation for the drilling of the well, designated EG8, in approximately 135 ft of water
CEFAS has announced a tender procedure for several acoustic and biological validation surveys. This Invitation to Tender is seeking bids for the following types of work: a) Acoustic (multibeam bathymetry/sidescan sonar) survey; b) Acoustic (multibeam bathymetry/sidescan sonar) survey with a biologic