1. McDermott Cuts Losses McDermott International, Inc. has reported a second quarter 2014 net loss of $11 million or $0.05 per fully diluted share, compared to a net loss of $149 million or $0.63 per diluted share in the prior-year quarter. 2. EMAS Lands USD 110 Mln in Contracts Ezra Holdings Limite
Shell has performed a 3D WAZ seismic exploration of the Shelburne Basin, Nova Scotia, Canada. Shell’s Shelburne Basin Venture Exploration Project marks the first time 3D Wide Azimuth (WAZ) Seismic technology was used in Canada. This technology provides much clearer data in water depths of 1500 to 35
ARENA has announced $770,000 funding for Swinburne University of Technology to develop modelling on the performance of wave energy farms. The wave energy industry is emerging world-wide and there are few multiple device installations operating today. Predicting the best way to arrange future project
Australian Renewable Energy Agency (ARENA) has announced $770,000 funding for Swinburne University of Technology to develop modelling on the performance of wave energy farms. The wave energy industry is emerging world-wide and there are few multiple device installations operating today. Predicting t
Ramboll analysts have considered whether engine failure, anchors or other hazards can threaten an upcoming and very innovative Submerged Floating Tunnel (SFT) across the Sognefjord in western Norway. The probability of a ship’s collision resulting in disastrous consequences is very low, shows two ri
On the 7th of October, 2014, Sequoia Scientific, MacArtney Underwater Technology and University of Copenhagen will open the doors to the fourth edition of Particles in Europe (PiE). The organisers have revealed Professor Daniel Hanes of St. Louis University (USA) and Professor Colin Jago of Bangor U
Trelleborg Sealing Solutions will be unveiling its new “next generation” seal, the Multi-Contact Turcon® Variseal® at the ONS Exhibition and Conference in Stavanger, Norway, later this month. The ground-breaking product is “immune to stick-slip” issues and eliminates breakout concerns after long per
A team of thirteen scientists, including 7 NOC researchers, recently completed a two week expedition on the RV Celtic Explorer, where they made new discoveries relating to the geology and biological habitats of the south-eastern slope of Rockall Bank. Dr Huvenne, co-chief scientist along with Dr Agg
Wave and Tidal Knowledge Network has been officially transferred from the Crown Estate to ORE Catapult. Both parties agreed that ORE Catapult is best placed to continue to grow the content, functionality and value of the website for the industry. ORE Catapult stated on its website: “We are building
The MRV Alba na Mara cruise will be conducting the survey below in partnership with Scottish Natural Heritage. The purpose of the cruise is to investigate the distribution and quality of benthic biotopes around Scotland. The data are required to underpin designation and management of the new suit of
An innovative offshore anchor designed by researchers at The University of Western Australia has already been snapped up by Dutch anchor specialists Vryhof Anchors. The Dynamically Embedded Plate Anchor (DEPLA) was developed by Associate Professor Conleth O’Loughlin, from UWA’s Centre for Offshore F
The Midwater Ecology lab is conducting research from the R/V Western Flyer this week, using ROV Doc Ricketts to deploy and recover the Midwater Respirometry System (MRS). Project lead on the MRS, Kim Reisenbichler uses the MRS to measure respiration of deep-sea animals in their habitat, a more accur
The workshop, convened by the SEG (Society of Exploration Geophysicists) and co-supported by AAPG (American Association of Petroleum Geologists), SPE (Society of Petroleum Engineers), EAGE (European Association of Geoscientists & Engineers) and the SPWLA (Society of Petrophysicists & Well Log Analys
APEM has won a major contract to collect and analyse over 1,000 samples from the seabed in the eastern English Channel and off the south coast, for eight marine aggregate operators with licensed interests across the region. Offshore surveys organised by APEM will collect 1,060 ‘grab’ samples of the
