A buildup of pressure in the annulus was detected in a recently completed, large bore, gas production well offshore Malaysia. Leak detection tools run into the well quickly revealed that tubing connections located at 333 m and 394 m were leaking and required recompletion of the upper completion. A d
Joy Global Inc., a worldwide leader in high-productivity mining solutions, has completed the acquisition of LeTourneau Technologies Inc. (“LeTourneau”) from Rowan Companies, Inc. (“Rowan”) for $1.1 billion in cash, subject to adjustment as provided in the Stock Purchase Agreement dated May 13, 2011.
A buildup of pressure in the annulus was detected in a recently completed, large bore, gas production well offshore Malaysia. Leak detection tools run into the well quickly revealed that tubing connections located at 333 m and 394 m were leaking and required recompletion of the upper completion. A d
Diana Containerships Inc. , a global shipping company specializing in owning and operating containerships, today announced that the Company has taken delivery on June 22, 2011 of a Panamax container vessel, the m/v “Maersk Malacca,” a 1990-built vessel of 4,714 TEU capacity. As previously announced,
Petrobras Downstream Executive Officer, Paulo Roberto Costa, participated this Thursday, June 23, in the World Oil Companies Congress, in London. In the morning, he delivered the “Petrobras: growth, investment and a model NOC?” keynote address, in which he discussed the company’s international strat
As reported in the latest edition of “Pictures of the Future”, Siemens is also turning to tidal power as it strives to exploit alternative forms of energy. The company has recently secured a stake in SeaGen, the world’s first commercial power plant to generate electricity from tidal energy. Commissi
Today, the Norwegian Government is publishing a report to the Storting (the Norwegian Parliament) entitled “An industry for the future – Norway’s petroleum activities” (Meld. St. 28 (2010-2011)). The Government wishes to facilitate focused efforts to keep petroleum production levels very high for ge
On 7th March 2011, specialist marine and civils contractor Land and Water Services Ltd (LAWS) mobilised a bespoke dredging team to Premier’s Falmouth Marina in Cornwall to undertake a particularly awkward improvement project that involved the installation of tubular mooring piles, new pontoons and t
Adding iron to the oceans in an effort to curb growing emissions of carbon dioxide (CO2) in the atmosphere would lead to ‘significant change… (Planet Earth) [mappress] Source: Planet Earth , June 24 , 2011;
Bergen Group Offshore awarded EPCI modification project by ConocoPhillips for Eldfisk Bravo. Bergen Group Offshore has, through its subsidiary Bergen Group Rosenberg AS, been awarded a brownfield modification project by ConocoPhillips. The contract value for the project is about 80 MNOK, and will ge
CTC Marine Projects (CTC), a leading global operator of technically advanced marine trenching vehicles, will be exhibiting and presenting at… Subsea UK [mappress] Source: Subsea UK , June 24 , 2011;
The “Belgica”, the Belgian navy ship converted into a research vessel, has now come to the Maritime Museum Ría de Bilbao and will remain docked at the quays of the Museum until Saturday, when they leave with the tide. Aboard the ship, and within the framework of cooperation between the Ministry of E
A consortium led by the Maritime and Coastguard Agency (MCA) has won a Safety at Sea International Awards for The Human Element: a guide to human behaviour in the shipping industry This guide for the shipping industry was published in May 2010. It explains how human behaviour lies at the centre of b
In response to a request from Secretary of the Interior Ken Salazar, the U.S. Geological Survey released the ‘science gap and sufficiency’ report evaluating science needed to better inform decisions regarding oil and natural gas exploration and development in the Beaufort and Chukchi Seas off Alaska
