Fundy Tidal Inc. (Fundy Tidal), Acadia University, and Dalhousie University’s Department of Oceanography will continue R&D activities to identify the best locations for small-scale tidal power projects in Digby County bolstered by a three-year, $3.3 million research project. Funding of $1.6 million
TAQA today issued an update regarding the situation at the Cormorant Alpha platform in the UK North Sea. After two hydrocarbon releases within a leg of the Cormorant Alpha platform in January and March, TAQA has accelerated a long-term inspection, repair and maintenance programme that has been under
Dril-Quip, Inc. announced net income of $39.8 million, or $0.98 per diluted share for the three months ended March 31, 2013, versus net income of $28.8 million, or $0.71 per diluted share for the first quarter of 2012. The first quarter 2013 results were favorably impacted by an after-tax foreign ex
Sri Lanka Navy has commenced salvaging the wreckage of the Lion Air Antonov 24 aircraft, which had crashed into the sea due to a missile attack launched by the LTTE terrorists on 29th September 1998. The salvage operation is being carried out by an SLN specialized diving team led by Captain Jayantha
Kongsberg Maritime India inaugurated its new office building on 24th April 2013 at Mahape, Navi Mumbai. Kongsberg Maritime has been operating in India for close to six decades now and had been working through their Asia Pacific office and agent network. In 2008, Kongsberg Maritime commenced business
Last week Jumbo successfully completed the deployment of five subsea structures for PetroSA’s Ikhwezi project, offshore South Africa. The installation of the five structures, weighing between 35 and 185t and measure up to 14 x 8 x 5 ½m, was executed by Jumbo’s DP2 Heavy Lift Vessel Fairplayer. The p
Saab Seaeye has expanded its international presence by opening an office in Houston, Texas. The company is already the world’s largest manufacturer of electric remotely operated underwater vehicles with distributors in 26 countries and over 700 systems sold worldwide. “The move places us in an ideal
MMT Group AB (Gothenburg, Sweden) and Reach Subsea AS, an integrated Subsea Service Provider (Haugesund Norway), have signed a Letter of Intent for the purpose of establishing a new Joint Venture within Offshore Survey Operations. The Parties have for some time, together with the engineering company
During the period 11 – 13 March 2013, the Petroleum Safety Authority Norway (PSA) carried out an audit of Eni Norge AS’ (Eni’s) compliance with requirements for establishment and implementation of technical and operational barriers in the Goliat project. Objective The objective of the audit was to v
Deep Down, Inc., an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, announced the formation of Deep Down Brasil, Ltda., confirming the company’s interest in supporting the dynamic offshore oil and gas industry in Br
Fastnet Oil & Gas Plc (“Fastnet” or the “Company”) the E&P company focused on near term exploration acreage in Africa and the Celtic Sea announces that it has been notified by the Irish Department of Communications, Energy and Natural Resources (the “Department”) that it has been awarded licensing o
To better position itself in the market and meet customers’ needs of regional expertise accessible through local offices, BMT Group Ltd (BMT) has announced that marine surveying companies BMT De Beer and BMT Techmar became BMT Surveys on the 1st May 2013. This will help provide clarity and a more un
One of Jumbo’s heavy lift & installation vessels, the Fairplayer, is in Rotterdam preparing for a subsea installation project. Jumbo’s Fairplayer will be executing the installation of the mooring spread for the EnQuest Producer FPSO. This FPSO will be operating at the Alma and Galia fields, located
Saipem has contracted BMT Scientific Marine Services (BMT) a subsidiary of BMT Group Ltd, to provide riser monitoring systems for two Free Standing Risers (FSHRs) and four Steel Lazy Wave Risers (SLWRs) for the Sapinhoá Norte and Cernambi Sul pre-salt fields offshore Brazil. These systems will monit
