TGS has commenced acquisition of a 3D multi-client wide azimuth (WAZ) survey covering 11,655 km2 in the Gulf of Mexico in partnership with WesternGeco. The survey, Patriot WAZ 3D, will be the first orthogonal WAZ survey covering a large portion of the existing Freedom WAZ data set. Following the acq
Ocean Power Technologies, Inc. announced financial results for its fiscal 2012 second quarter ended October 31, 2011. “We ended the second quarter of fiscal 2012 with further progress on PowerBuoy deployments, and a number of business development initiatives to commercialize our technology are curre
Teachers and career advisors were invited to see firsthand the innovations in the energy sector from the businesses behind the leading technologies. The ‘Energising Schools Initiative’ took place on 15 November at this year’s SPE ICoTA European Well Intervention Conference and Exhibition. Organised
DSIT Solutions Ltd., a subsidiary of Acorn Energy, Inc. announced the receipt of its largest order ever for underwater security systems. The contract calls for the delivery of a large number of AquaShield™ Diver Detection Sonar (DDS) and PointShield™ Portable Diver Detection Sonar (PDDS) systems tha
Fortum and Seabased AB have signed an agreement on the construction of a joint wave power park in Sotenäs, Sweden. After completion, the wave power park will be the world’s largest, full-scale demonstration project of its kind. The total budget for the project is about 25 million euros, of which For
Woodside, as Operator of the North West Shelf Project, announced the North West Shelf Project participants have approved development of the first phase of the Greater Western Flank (GWF) Project off the north-west coast of Australia. The GWF Phase 1 Project will develop the Goodwyn GH and Tidepole f
Centrica, operator of production licence 405, has completed the drilling of wildcat well 8/10-4 S and appraisal well 8/10-4 A. The wells were drilled about 13 kilometres east of the Ula field in the southern part of the North Sea. Well 8/10-4 S encountered oil in a 55-metre gross column in the Ula f
The Petroleum Division of ASME (American Society of Mechanical Engineers) is donating $1.25 million to the University of Houston to support engineering and petroleum technology initiatives at the university. A $1 million gift will be used to establish the ASME Petroleum Division Endowed Chair in Sub
Geotek personnel offshore Brazil are using the Geotek MSCL-S to analyze Jumbo Piston Cores being taken by Fugro-McClelland Marine Geosciences. They are working onboard the Drilling Vessel Fugro Explorer, which is on a two-year mission to perform geotechnical investigations for Petrobras. The MSCL-S
Chatham Rock Phosphate has executed a charter agreement with Odyssey Marine Exploration, Inc. (Odyssey) under which Odyssey will undertake site investigation work for Chatham Rock Phosphate in its offshore permit area on the Chatham Rise. Reaching this agreement is an important milestone as it is ex
Hydrasun, announced it has seen strong growth in both its domestic and international markets over the last year. Chief Executive Bob Drummond announced that for the current year to date there had been a rise in sales of 25% on the previous year meaning the company was forecast achieve turnover of £8
Reference is made to the stock exchange notices dated 18 November 2011 regarding SeaBird Exploration PLC signing a share and purchase agreement with Fugro Norway AS related to Fugro’s acquisition of SeaBird Technologies AS and Seabed Navigation Co Ltd which collectively hold all of the Company’s rig
Wave energy developer Carnegie Wave Energy Limited announces the development and funding application for a 5MW CETO demonstration project off British Columbia, Canada. Carnegie, through its British Columbian based subsidiary Pacific Coastal Wave Energy Corporation (PCWE), has been developing the Ucl
Experts from Scotland’s world-leading wave and tidal testing hub the European Marine Energy Centre (EMEC) are to collaborate with their marine energy counterparts from the Ocean University of China (OUC) in Shandong Province under a new partnership announced by the First Minister Alex Salmond. The
