The magnitude of the Libra area was the main highlight of Wednesday, May 7 at Brattec Offshore 2014, an event organized by the Brazil-Texas Chamber of Commerce. Petrobras’ executive manager for Libra, Anelise Lara, talked about the reservoir’s characteristics and the area’s development prospects. Pa
Thousands of shipping containers are lost from cargo vessels each year. Many of these containers eventually sink to the deep seafloor. In 2004, scientists at the Monterey Bay Aquarium Research Institute (MBARI) discovered a lost shipping container almost 1,300 meters (4,200 feet) below the surface o
Recreational fishers will have a new place to drop their lines, with the creation of a 20 hectare artificial reef off Scarborough in the Moreton Bay Marine Park. National Parks Minister Steve Dickson said it was part of the Government’s $50 million Marine Infrastructure Fund and would boost tourism
Jee Ltd is introducing Free spans and on-bottom stability to their programme of superior subsea engineering training, the next course will run from 29-30 July in Aberdeen. The practitioner level course gives an expert level of understanding of spans and stability, extending key knowledge on assessme
The International Seabed Authority and China Ocean Mineral Resources Research and Development Association (COMRA) signed a 15-year contract for exploration for cobalt-rich ferromanganese crusts in Beijing on 29 April 2014. The contract was signed by the Secretary-General of the Authority, Nii Allo
Kongsberg Maritime Ltd has introduced a series of new on-water training courses for offshore surveyors and survey engineers following the launch of its own chartered vessel, True North. The vessel will enable Kongsberg Maritime Ltd to introduce a practical element to the courses already offered at i
The Petroleum Safety Authority Norway (PSA) carried out an audit of detailed engineering of the Polarled pipeline from 11 to 12 March 2014. Objective The objective of the audit was to monitor that the project has been planned and carried out in compliance with applicable regulations and recognised n
Statoil Petroleum AS, operator of production licences 120 B/Gimle Unit, has completed drilling of an observation well with exploration targets, 34/10-C-18 A. The well was drilled on the eastern flank of the Gimle field, which is located between the Gullfaks and Visund fields in the northern part of
The US Department of Energy has announced three offshore wind farm projects to receive up to $47 million in US government funding grants over the next four years to advance offshore wind technology and pave the way for the United States’ first offshore wind developments. Louisiana-based Keystone Eng
DeepOcean has opted for the new concept Leopard ROV from Saab Seaeye. Rick Green, Regional Manager Netherlands at DeepOcean, said: “Environmentally we wanted an electric vehicle – yet one with work class performance. “For our application the Leopard gives us the equivalent capability of a much large
During the last five years Statoil and its partners have invested as much as $7.84 billion on the Troll field, which came on stream in 1995. The investment level will remain high for many years to come. Troll is the story of achieving the impossible. The oil proven in connection with the largest gas
Genesis has finalized the lease for office space in Covington, Louisiana, USA, and will shortly begin supplying engineering services to clients in the Greater New Orleans area. This new location is an integral part of Genesis’ global growth strategy. The New Orleans office will focus on providing bo
Research and Markets has released the addition of the “Subsea Well Access and BOP System Market by Type, BOP Type and Geography – Global Trends & Forecasts to 2019” report. The blowout preventer systems market is expected to reach $5.8 billion by 2019 at a CAGR of 7.7%. Leading manufacturers in the
Spectra Energy Corp announced that its submission of an Environmental Assessment Certificate Application for the Westcoast Connector Gas Transmission Project has been formally accepted for review by the BC Environmental Assessment Office (BC EAO). This milestone begins an extensive 180-day review pr