Nautilus Minerals Inc (“Company” or “Nautilus”) seeks to clarify recent statements and press coverage regarding the Company’s Solwara 1 Project. The Company reiterates that the Mining Lease was granted by the State of Papua New Guinea in January 2011 and is not a recent development as has been repor
MeyGen is today announcing its entry into the Saltire Prize and welcomes the opportunity to challenge for this significant accolade. Meygen’s entry coincides with the launch of the Saltire Prize Grand Challenge Period, which is being formally announced today in Orkney by Scotland’s First Minister, A
ABB, the leading power and automation technology group, has won an order from Statoil to install high voltage subsea cables to supply power to the Troll A gas platform on the western coast of Norway. The Troll A concrete deep water structure is the world’s largest natural gas production platform, 47
4Subsea, an independent engineering company within subsea technology and renewable energy, announced that it has been awarded a framework agreement for testing and monitoring of flexible risers on the Norwegian Continental Shelf. According to offshore.no, Statoil and 4Subsea have signed this agreeme
Framo Engineering, a Schlumberger company, today announced that A/S Norske Shell has awarded the company a 100-million USD contract for the supply of a complete subsea multiphase booster pump system for the Draugen Field in Norway. The contract includes a complete system for topside power and contro
NOAA researchers are getting a comprehensive view of the ocean floor using a new instrument, and have confirmed that… [mappress] Source: NOAA, August 27, 2012; Image: NOAA
This summer, SubC is involved in several projects related to the issues of the grouted connections on monopiles. After thousands of grouted connection inspections, SubC has gained a significant knowledge of these issues and their related problems. Due to this expertise the company has gained, SubC h
A group of divers conducted an underwater survey at Monterey’s Breakwater Cove on Friday. This area is one of hundreds of Marine Protected Areas scattered along the California coastline. Dr. Jan Freiwald and Caitlin Cooper, along with other volunteer divers, conducted the survey. According to monter
Korea is about to build a tidal power plant of world record-breaking size, reports koreatimes.co.kr. The tidal plant will be built at Incheon Bay on Korea’s western shores. The plant will be equipped with 44 turbines and will be able to generate more than 1,300 megawatts. This capacity will meet 4.5
This summer, SubC is involved in several projects related to the issues of the grouted connections on monopiles. After thousands of grouted connection inspections, SubC has gained a significant knowledge of these issues and their related problems. Due to this expertise the company has gained, SubC h
This summer, SubC is involved in several projects related to the issues of the grouted connections on monopiles. After thousands of grouted connection inspections, SubC has gained a significant knowledge of these issues and their related problems. Due to this expertise the company has gained, SubC h
An official from Nautilus Minerals has stated that the company is committed to an open and transparent approach to its Solwara 1 deep sea mining project in Papua New Guinea. According to Radio New Zealand International, this Canadian-based company has a twenty-year license to mine the Bismarck Sea f
Statoil has made an oil discovery in the Geitungen prospect on Utsira High in the North Sea together with partners Petoro, Det norske oljeselskap and Lundin. Exploration well 16/2-12 drilled by the drilling rig Ocean Vanguard has proven a 35 metre oil column in a high quality reservoir dating from t
As reported by staradvertiser.com, Gov. Neil Abercrombie has released $52.5 million in funding for several projects, including an underwater fiber optic cable. The Governor stated that these projects are “an investment in the future of Hawaii and our ability to be proactive in shaping our future as
