CNOOC Limited announced that its parent company, China National Offshore Oil Corporation (CNOOC) has signed a production sharing contract (PSC) with Roc Oil (Bohai) Company (ROC) for Block 09/05 in Bohai. Block 09/05 is located 50 kilometers southeast of Tianjin, with a total area of 355 square kilo
Alcatel-Lucent has been selected by Tonga Cable Limited to deliver an undersea cable link between the Kingdom of Tonga and its neighbor Fiji, bringing to the Tongan islands broadband services such as streaming video and high-speed Internet access to residents and tourists alike. The 837-km link with
Final preparations for the planned well intervention on Elgin’s leaking G4 well are nearing completion. These have included the West Phoenix drilling rig positioning itself about 30 metres away from the Elgin complex ready to support the operation. Weather permitting, the well intervention should no
To save time and money for the owners of a 270-meter container vessel that was leaking oil, a Hydrex diver/technician team replaced three stern tube seals, using one of the company’s flexible mobdocks. This enabled the team to carry out the entire operation on-site and underwater during the vessel’s
The Naval Sea Systems Command completed the at-sea certification of its Saturation Fly Away Diving System (SATFADS) May 9, pressurizing the hull to a depth of 1,000 feet off the coast of Panama City, FL. NAVSEA’s Supervisor of Salvage and Diving (SUPSALV) successfully completed the unmanned diving p
Tata Communications, a leading provider of The New World of Communications, and Seaborn Networks, the developer and operator of the first direct submarine cable between the United States and Sao Paulo, Brazil, announce Tata Communications’ intent to become an anchor tenant customer on Seaborn Networ
Subsea 7 S.A. announced results for the first quarter 2012 which ended on 31 March 2012. Jean Cahuzac, Chief Executive Officer, said: “I am pleased with our results. We have delivered a good first quarter in line with our expectations. We have also continued to improve the quality of our backlog. Th
Wave energy developer Carnegie Wave Energy Limited announces the completion of a year-long Bermuda wave study that demonstrates the viability of the Island’s wave regime for a commercial CETO wave energy project. Over the past 12 months, Carnegie, in collaboration with Bermudian company Triton Renew
With its ability to detect ocean events ranging from sewage spills to harmful algal blooms, MBARI’s Environmental Sample Processor (ESP) has immense potential for monitoring ocean water quality. Until recently, however, only a limited number of these instruments have been available. With the recent
Port Hedland is a key export location for Australian iron ore exports. BHP Billiton is undertaking development of a 100-million-tonne-a-year outer harbour expansion at the port. GHD, a global engineering and environmental services firm, commissioned the system in order to provide marine water qualit
Providence Resources P.l.c., the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), provides a technical update on the Barryroe oil discovery in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Barryroe on behalf of
Revenues continue to rise in the first quarter of 2012 in a market showing significant improvement; 18.0% rise compared with the 1st quarter of 2011 and +1.8% rise compared with the 4th quarter of 2011. “BOURBON is reaping the benefits of a booming market in the offshore oil & gas marine services, e
TGS has commenced acquisition of a 3D multi-client survey covering 3,210 km2 in the Erlend Basin on the UK Continental Shelf, West of Shetlands. This is the first multi-client 3D survey in the Erlend Basin and builds on the improved imaging shown by the reprocessed TGS North Sea Renaissance 2D data.
Catalist-listed, IEV Holdings Limited announces that its 30% associate, IEV (Malaysia) Sdn Bhd has safely and successfully completed the two turnkey decommissioning projects (the “Decom Projects”) awarded by Petronas Carigali Sdn Bhd ahead of schedule on 7 May 2012. Worth a total of RM27.0 million,
