ConocoPhillips announced it has signed a Production Sharing Contract (PSC) with the Government of Bangladesh and Petrobangla covering two blocks in the deepwater area of the Bay of Bengal, representing ConocoPhillips’ first investment in the People’s Republic of Bangladesh. ConocoPhillips holds 100
Hibernia Atlantic, the only American-owned, diverse transatlantic high bandwidth connectivity provider, announces another important milestone in its Project Express cable build; its deep-sea submarine survey is now underway. A critical step in this historic build, the submarine survey will use speci
The Directors to Kvaerner’s Board have been elected. From Kvaerner’s first day of trading on the Oslo Stock Exchange in July 2011, the Board of Directors will consist of five shareholder-elected members as well as three members elected by Kvaerner’s employees. The shareholder-elected members are Kje
The University of Washington,recently retrieved a BioSonics DT-X SUB split beam echosounder after a 1-month deployment in northern Admiralty Inlet, WA. The study location is a proposed Snohomish Public Utility District tidal energy demonstration project site. The BioSonics DTX-SUB is an autonomous s
A/S Norske Shell (Shell) has been granted consent for use of the mobile well intervention facility Island Constructor for maintenance of subsea facilities on the Draugen field. In September 2010, Shell was granted consent to perform maintenance on wells A55H and B2H. However, the work was postponed.
GE Oil & Gas announces that its Wellstream business, acquired in March, has been awarded a long-term, flexible pipe and subsea equipment logistics services contract by Petróleo Brasileiro S.A. (Petrobras), one of the largest companies in Latin America which also controls significant energy assets in
GE Oil & Gas has signed a three-year frame agreement valued at approximately $30 million to supply 26 subsea wellhead systems and associated services to Shell Brasil Ltda. for exploration and production projects offshore Brazil. The agreement means GE Oil & Gas will supply all Shell Brasil’s require
Arqueonautas Worldwide – Arqueologia Subaquática, S.A. (AWW), in direct cooperation with RM Discovery Inc. (RMD), confirms after successful completion of a marine archaeological reconnaissance operation, the recovery of the biggest ever found shipwreck cargo of Ming porcelain. The Chinese merchant s
Specialist renewable energy consulting firm PMSS unveiled their brand new Marine Archaeological Service and announces the recruitment of John Gribble and Stuart Leather to lead the service. They join PMSS to take a leading role in establishing this new service and strengthen our client’s onshore and
Subsea 7 S.A. announced the award of a call-off contract under the offshore engineering and construction Frame Agreement with DONG Energy for the Siri Caisson Permanent Support Project. The value of the call-off contract is approximately $220 million. The scope involves the engineering, procurement,
The first intrarussian offshore gas pipeline Dzhubga–Lazarevskoye–Sochi was put into operation in Sochi on June 6. The ceremony dedicated to this event was attended by Russian Prime Minister Vladimir Putin, Chairman of the Gazprom Committee Aleksey Miller, and representatives of construction compani
On May 14, a PGS vessel completed the acquisition of 1,500 km2 of 3D seismic survey in the Block 2815 of the Orange Sub-basin, which data is now being processed. However, the 3D seismic data acquisition held by the vessel Polarcus Samur, which was being performed in the offshore 2813A, 2814B, 1914A
The federal agency that oversees offshore drilling is finally asking the National Marine Fisheries Service to review the effects that inten… (biologicaldiversity) [mappress] Source: biologicaldiversity, June 15 , 2011;
Nautilus Minerals Inc made significant progress in the development of its pioneering seafloor resource project at Solwara 1, in the Bismarck Sea of PNG, in the first quarter of 2011. The highlights of the quarter were as follows: *Mining Lease Granted. In January, the PNG Government granted Nautilus