Velocious Australia continues to strengthen its subsea and pipeline engineering capabilities through three new executive appointments. The Perth-based subsea engineering and remote technology business has appointed Jamie Robinson as General Manager Operations, Steve Kindness as Engineering Manager a
Iran has discovered a new gas field with reserves of 50 trillion cubic feet in waters of the Caspian Sea, Iranian minister of petroleum, Rostam Qasemi announced . Gas reserves of the field, which is, located 700 meters depth of Caspian Sea are estimated to be several times more than former estimatio
This month Norwegian wave energy developer, Intentium AS launches open wave energy project – owep. This is meant to be a hub where developers, decision makers, suppliers and students, can publish their own project or request for involvement. This will typically be a project for a complete ocean ener
Acta Marine B.V. and Almatug Ltd are expanding their partnership in West Africa by strategically relocating the multicat “Coastal Assistant” to this area. The vessel will be marketed and operated under joint management of the partners. The companies have been partnering with each other for many year
AusGroup Limited announced it has purchased assets and operations of Singapore-based Subsea Pressure Controls Pte Ltd as an addition to its Fabrication and Manufacturing business. The initial purchase consideration of S$5.0 million will be made up of a combination of shares and cash, with an additio
Saipem has been awarded new E&C Offshore contracts in South America worth approximately $600 million. In Brazil, Saipem has been awarded an EPIC contract by Petrobras for the development of the gas export pipeline Lula NE – Cernambi, in the Santos Basin Pre-Salt Region, approximately 270 kilometres
A recent mission marked the completion of a five-year collaboration between the United States and Canada to survey the Arctic Ocean. The bilateral project collected scientific data to delineate the continental shelf beyond 200 nautical miles from the coastline, also known as the extended continental
BP announced that it has reached agreement with Cameron International Corporation (“Cameron”), the designer and manufacturer of the Deepwater Horizon blowout preventer, to settle all claims between the companies related to the Deepwater Horizon accident and spill. BP and Cameron have concluded that
EMGS and Schlumberger have announced the intention to enter into a cooperative agreement effective from 3 January 2012 in which the parties will offer to the industry their respective expertise in the marine electromagnetic related fields of processing, advanced modelling and earth model building. S
nkt cables has entered a contract with E.ON Climate & Renewables Central Europe GmbH at a value of around € 20 million for the offshore wind farm Amrumbank West. For nkt cables, Amrumbank West will be another project with armoured 33 kV submarine cables. The cable will be manufactured at the product
A wave power conversion device, designed by Resolute Marine Energy, has been recently deployed offshore Jennette’s Pier. The UNC Coastal Studies Institute assisted in coordination of the project and will deploy ocean-monitoring equipment and evaluate data in partnership with Jennette’s Pier. The dev
Bright Computing announced that the Department of Oceanography at Texas A&M University has selected Bright Cluster Manager® to manage its AMD Opteron-based HPC Cluster. This system, installed by Bright partner Advanced HPC, is being used to study the environmental impact of oil spills and poisonous
Wood Group, the international energy services company, issues the following pre-close trading update for the year to 31 December 2011. Full year results for the year will be announced on 6 March 2012. Overall, the Group expects to deliver good growth, with performance for the year in line with expec
Carnarvon Petroleum Limited provides shareholders with the following update covering its interests in the Bedout sub-basin, offshore Western Australia. Carnarvon’s interests comprise 50% in exploration permits WA-435-P, WA-436-P, WA-437-P and WA-438-P and 100% in exploration permit WA-443-P. Farm-ou
