Siemens AG and its employees have demonstrated their profound concern for the victims of the natural disaster in Japan. The company’s international fundraising campaign has collected €4 million in monetary donations to support those affected by the earthquake and its aftermath. Employees from 45 cou
CNOOC Limited announced that a malfunction occurred on the single point mooring system of the Floating, Production, Storage and Offloading (FPSO) vessel “Haiyangshiyou 102” serving in the Bohai Bay due to rough sea conditions. Operations were immediately shut down at the affected oilfields. Till now
Karoon Energy International has submitted an environmental and social impact study to Peru’s energy and mines ministry for an exploration… (bnamericas) [mappress] Source: bnamericas, April 22, 2011;
China Oilfield Services Limited announces its successful delivery of 12-Streamer Seismic Vessel “COSL 720” in Shanghai Shipyard Co. Ltd. （“Shanghai Shipyard”）, Chongming Island Base. The ceremony saw attendance of the representatives from COSL, Shanghai Shipyard and their parent companies. COSL 720
CTC Marine has successfully completed pre-cut trenching work on Nexen’s Telford Field in the North Sea for client Subsea 7… (subseauk) [mappress] Source: subseauk, April 22, 2011;
BP Exploration & Production, Inc. (BP) announced it has signed a ground breaking agreement with federal and state agencies that will accelerate work starting this year to restore areas of the Gulf of Mexico that were affected by the Deepwater Horizon accident. The agreement commits up to $1 billion
Jee, a pipeline, riser and subsea engineering and training company, announces that Alan Gray has joined the company as permanent Business Development Director, based in Aberdeen. Alan has 28 years’ experience in the oil and gas industry. This, combined with his entrepreneurial instinct, exceptional
Reliance Industries Limited (RIL) announced a rich gas and condensate discovery in the very first well drilled in the block CY-PR-DWN-2001/3(CYPR-D6) located in deepwater Cauvery-Palar basin. The Block with an area of about 8600 sq km was awarded to RIL under the bidding round of NELP-III. RIL curre
Business leaders in the UK’s subsea sector will be encouraged not to leave hundreds of millions of pounds in the pockets of the Government at a seminar hosted by Subsea UK and KPMG in Aberdeen next week (April 27 2011). Recent statistics from KPMG reveal that while investment in research and develop
MyCelx, experts in produced water treatment both onshore and offshore for discharge to very low discharge limit, the ISO-9001 company certified for oil removal to less than 5 ppm by Lloyd’s Register, signed a contract with Chevron U.S.A. Inc. to design and deliver a produced water treatment system f
Schlumberger Limited reported first-quarter 2011 revenue of $8.72 billion versus $9.07 billion in the fourth quarter of 2010 and $5.60 billion in the first quarter of 2010. Net income attributable to Schlumberger, excluding charges, was $972 million—a decrease of 16% sequentially but an increase of
SMD has been honoured with the prestigious Queen’s Award for Enterprise in the innovation category for the design and manufacturer of Work Class Remotely Operated Vehicles (WROVS). The company, based in Wallsend near Newcastle-upon-Tyne, is one of the world’s leading manufacturers of remote inventio
Tasmanian-based Dive Works has integrated three complimentary technologies, including barcode technology, into a comprehensive solution that will reduce the risk to investment and maritime safety, of cages coming adrift. The three systems include verification of anchorage, mapping to monitor a shift
Wood Group, the international energy services company, confirms the completion of the acquisition of Production Services Network Limited (“PSN”). Bob Keiller has been appointed as executive director of Wood Group and CEO of the combined Wood Group PSN production services business. No further disclos
