Nautilus Minerals has launched a marketed public offering of common shares of the Company. The offering will be conducted through a syndicate of underwriters led by TD Securities Inc. and Credit Suisse Securities (Canada), Inc.The offering is expected to raise gross proceeds of approximately C$150 m
The Moog Industrial Group announced today a new electric pitch system which offers higher performance, reliability, additional safety and lower maintenance costs to address key challenges faced by wind turbine manufacturers and operators. The Moog Wind Turbine Pitch System is equipped with Moog’s ne
Emerson Process Management has released Roxar RMS 2011, the latest version of its reservoir modelling software. RMS 2011 can cope with more geological complexities in its model building than any other package on the market today. “As operators are faced with deeper and more challenging geological se
Statoil will acquire a 40% equity interest in a North Makassar Strait Production Sharing Contract (PSC) and a similar interest in two additional offshore PSCs (West Papua IV and Halmahera-Kofiau). The three production sharing contracts (PSC) will be operated by Niko Resources Ltd. Given exploration
Working with wind means rapidly changing conditions and equipment pushed to its limits. Real time alerts based on continuous data monitoring and testing, matters wind park operators are ready to change with them. The updated version of GL Garrad Hassan’s Online Data Management (ODM) service builds o
Scripps Institution of Oceanography, UC San Diego Professor of Geochemistry Miriam Kastner, a pioneer in the study of the chemistry of marine sediments, received the Francis Shepard Medal from the Society for Sedimentary Geology (SEPM). Kastner’s research has taken her around the world to study sub-
More than 2-thousand cultural relics have been recovered from the Nan’ao One, an ancient Chinese merchant ship that sunk off Guangdong… (xinhuanet) [mappress] Source: xinhuanet ,May 23, 2011;
Joint efforts by Inocean and scientists at University of Gothenburg could restore life to the Baltic Sea through the Baltic Deepwater Oxygenation project. Based on research performed by Professor Anders Stigebrandt at the University of Gothenburg, engineers at Inocean under the management of Vice Pr
Nylacast has become the first UK company of its type and one of only six UK companies to have achieved the industry recognized accreditation to ISO29001:2010-Oil and Gas. ISO 29001:2010-Oil and Gas was developed as a direct result of a partnership between ISO and the international oil and gas indust
ORE Offshore (an affiliate of EdgeTech) announces three new configurations of their underwater acoustic tracking systems. The bundled USBL systems are based on the Broadband Acoustic Tracking System (BATS) product line. These specially priced solutions, configured specifically for: Shallow water, Mi
The European Union (EU) funded project ECO2 to evaluate the potential impact of sub-seabed carbon dioxide (CO2) leakage from storage sites on marine ecosystems has now been launched. 27 project partners from nine nations will study existing sub-seabed storage sites in the Norwegian North Sea and the
The Dutcham Trade Award 2010-2011 is dedicated to Van Oord Offshore for best business achievement in Brazil. The trophy was assigned to the Dutch dredging company for their succesfull merits in the Brazilian offshore industry. At the ceremony on May 17 in São Paulo the jury of the Brasilian-Dutch Ch
The Dutcham Trade Award 2010-2011 is dedicated to Van Oord Offshore for best business achievement in Brazil. The trophy was assigned to the Dutch dredging company for their succesfull merits in the Brazilian offshore industry. At the ceremony on May 17 in São Paulo the jury of the Brasilian-Dutch Ch
As the economy picks up and metal prices continue to rise, plans and projects to extract precious ores from the deep sea are regaining stren… (delta) [mappress] Source: delta, May 22, 2011;
