RSI has been chosen to provide rock-physics driven inversion and interpretation services to a Latin-American NOC over one of their northern Caribbean offshore assets. The contract has a value in excess of $2 million. The work will commence immediately and will complete in the first half of 2015. Gar
In the last months SCHOTTEL successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions. The results show that one turbine with a rotor diameter of four meters generates 50 kW per second at a rated
Greenfields Petroleum is continuing to acquire the 3-D survey over the Gum Deniz Oil Field offshore Azerbaijan, but weather conditions continue to hamper the seismic contractor’s operations. Approximately 75 square kilometers of seismic data has been acquired to date. It is likely that the total sur
Foundation designer Seatower that earlier this year was awarded a contract delivering the world’s first CraneFree hybrid gravity base foundation has now confirmed that the foundation will be loaded out from French port of Le Havre later this week. The installation of the single 1800 tonne, mainly co
Humphree, the Swedish based manufacturer of Interceptor Trim Tabs, has introduced a system for Vessel Motion Monitoring, which provides monitoring of real time impact forces, vessel heave motions and sea sickness index with a possibility of complete data recording. Humphree has developed the Vessel
LDD, an Acteon company, has successfully finished a specialist foundation installation for the Etame Marin block field expansion project, offshore Gabon, West Africa. VAALCO Gabon (Etame) is the operator of the Etame Marin block. EMAS AMC, the subsea services division of EMAS, is undertaking the blo
One of McDermott’s subsidiaries has been awarded a transportation, installation and pre-commissioning contract by PC Ketapang II Ltd, a subsidiary of PETRONAS, for the Bukit Tua Development Project in the Ketapang block of East Java, Indonesia. “McDermott is uniquely positioned to support the fast t
Polarcus Limited has announced the imminent start of a major new RightBAND multi-client project over the Roebuck Basin, offshore North West Shelf, Australia. The Capreolus 3D survey, supported by industry funding, will comprise approximately 15,000 sq. km and is designed to provide exploration compa
Scientists and engineers of the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research (AWI) are currently starting work on a long-term observatory with observation stations from the Norwegian Sea to the Arctic Ocean. In the coming years, the AWI researchers intend to upgrade their
Singapore-based Nordic Maritime in collaboration with PT. Alamjaya Makmur Sejahtera, has won a 2D seismic marine acquisition services contract from Mitra Energy Indonesia. The value of the contract is over $2 million. Nordic Maritime’s S/V Nordic Bahari will start the acquisition, utilising OBN (Oce
Based on the detailed investigation and new measurement technology described by a research team led by GEOMAR Helmholtz Centre for Ocean Research Kiel, the turnover of organic matter and nutrients at the sea floor as well as future changes within the dynamic ecosystem can be better assessed. Althoug
Early in September, a team of Canadian underwater archaeologists discovered the wreck of the HMS Erebus in the eastern stretches of the Queen Maud Gulf off the coast of Canada. As part of the search, the team used an array of state-of-the-art technology, including advanced sonar devices, remotely op
Halliburton has recorded $1.2 billion in net earnings or $1.41 net income per share. This compares to income from continuing operations for the second quarter of 2014 of $776 million, or $0.91 per diluted share and $706 million or $0.79 per share a year earlier. Halliburton’s total revenue in the th
Prudential has been named as the cornerstone investor in the £1 billion Tidal Lagoon Swansea Bay Project, a world-leading infrastructure development designed to generate electricity by harnessing the power of the sea. Prudential’s commitment is a significant step to securing the future of the power