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
NOF Energy, the UK business development organisation for oil, gas, nuclear and offshore renewables sectors, has celebrated the stars of the industry at its Annual Awards and Dinner. Hosted by TV presenter, Wendy Gibson, the event at the Hardwick Hall Hotel in Sedgefield, County Durham showcased some
Corvallis-based M3 Wave Energy Systems debuted its power-generating technology last week at the Hinsdale Wave Research Laboratory at Oregon… (sustainablebusinessoregon) [mappress] Source: sustainablebusinessoregon , December 09, 2011; Image: M3 Wave Energy
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
Halliburton responded to court filings by BP saying: BP recently filed a motion for sanctions against Halliburton alleging that Halliburton destroyed evidence relating to post-incident testing of the foam cement slurry. BP has been aware of post-incident tests for some time, but has chosen this late
Dresser-Rand Group Inc. , a global supplier of rotating equipment and aftermarket parts and services, has signed a definitive agreement to acquire Synchrony, Inc. The transaction is expected to close in January 2012. Synchrony is a technology development company with a portfolio of world-class techn
Odyssey Marine Exploration, Inc. announced with great sadness the loss of Chairman of the Board David J. Bederman on December 4, 2011. Dr. Bederman had been a member of Odyssey’s Board of Directors since 2006 and served the Chairman since 2010. “David was a personal friend, mentor and a highly resp
The high-level Committee was appointed by the Union Shipping Ministry to conduct the study on technical and commercial feasibility of a new port. In order to determine an appropriate location for establishing the second key sea port in the country, the Committee members visited on Wednesday Nakkapal
Aker Solutions will announce at the company’s capital markets day that it is maintaining its ambition of 9-15 percent annual revenue growth for the period 2011-15 due to a favourable market outlook for the oil services industry. The company also maintains its ambitions of 3-4 percentage points EBITD
Local people in Papua New Guinea stand to gain little from the precious metal that’s extracted from the seabed, according to representative of seaside communities. Nautilus Minerals Inc. was awarded the first deep-sea exploration lease in January from Papua New Guinea authorities to extract minerals
Researchers from Britain have unveiled the most detailed survey of the South Pacific -the most seismically active area of the planet. They utilized sonar to create pictures of the seabed, and observed the process of demolition of the undersea volcanoes in the Tonga Trench. The researchers are trying
Two applications sponsored by China and the Russian Federation were the first to have been made under the Authority’s regulations on polymetallic sulphides that was adopted in 2010. Speaking at the Oceans and the Law of the Sea Agenda Item 76(a) at the UN General Assembly’s 66th Session, Secretary-G
HR Wallingford, the international hydraulic and environmental engineering consultancy, has acquired UK-based DRL Software. DRL Software develops environmental monitoring software with coastal, offshore and estuary applications. Their DRL-Sediview application is used by dredging companies, environmen
CGGVeritas and Eidesvik Offshore ASA have confirmed that Arnstein Øvsthus has been appointed as General Manager of their ship management joint venture, CGGVeritas Eidesvik Ship Management AS. Arnstein Øvsthus will take up his duties on 1st February 2012. With over 30 years of wide-ranging experience
