James Fisher & Sons plc announced the launch of a new safety product – the Weak Link Bail. This innovative solution has been proven in North Sea operations and has wide applicability to improve the safety of completions and workover operations throughout the international oil and gas sector. Scan Te
As part of the Sakhalin III project, Gazprom has launched construction of the production wells in the Kirinskoye gas and condensate field located on the Sakhalin Island shelf. To date, one exploratory well is being switched to the production regime. In addition, the Company is planning to launch con
Scripps Institution of Oceanography at UC San Diego was ranked 15th in The Scientist magazine’s “Best Places to Work in Academia” survey. The list, published in the August 2012 issue of the magazine, rated Scripps 15th of 25 international science institutions and sixth among West Coast institutions.
An international study to understand and predict the likely impact of ocean acidification on shellfish and other marine organisms living in seas from the tropics to the poles is published this week in the journal Global Change Biology. Ocean acidification is occurring because some of the increased c
Cameron has elected James T. Hackett to the Company’s Board of Directors, effective August 2, 2012. Hackett, 58, is currently Executive Chairman of Anadarko Petroleum Corporation (NYSE:APC). Previously he served as Chairman, President and Chief Executive Officer during his nine year tenure at Anadar
OTS and Bourbon Offshore Norway conclude a USD 147 million credit facility for the refinancing of two offshore construction vessels. Oceanteam Shipping ASA (OTS) has concluded a refinancing of the two offshore construction vessels, CSV Bourbon Oceanteam 101 and CSV Southern Ocean, with SpareBank 1 S
Lockheed Martin Corp, the biggest supplier of information technology for Pentagon and the U.S. federal government, turns its focus on developing technology for the oil and gas industry, Reuters Reports. A 10-foot unmanned submarine that uses sonar and other technologies has been developed in a water
Following its sister vessel in 2009, the vessel Joseph Plateau was launched on Friday 3 August 2012 at the Spanish shipyard Construcciones Navales de Norte in Sestao. This 191,5 m long vessel will be used for precise rock dumping to a depth of 2,000 m. The system for the unfolding of the fall pipe i
Eni completed the sale to Fluxys SA (“Fluxys”) and Snam S.p.A. (“Snam”) of its 16.41% interest in Interconnector (UK) Limited (“IUK”), 51% interest in Interconnector Zeebrugge Terminal SCRL (“IZT”) and 10% interest in Huberator SA (“Huberator”). The total consideration for the above mentioned stakes
JDR Cables, a leading provider of custom-designed and manufactured subsea power cables, umbilical systems and reeler packages for a broad range of applications, has been boosted by a £15m fund from HSBC, the Gazette Live reports. Martin Boden, JDR’s Chief Financial Officer was quoted as saying: “JDR
Building on their success in export activity to Canada, Barnstaple based engineering firm J+S Ltd has recently exhibited at CANSEC, Canada’s largest defence and security show, where they demonstrated a range of their underwater defence capabilities. Attracting strong interest was J+S’ new Echo Sound
Prysmian Group, world leader in the energy and telecom cables and systems industry, will showcase its comprehensive range of products and technologies, specifically dedicated to High Voltage underground and submarine power transmission, at the 2012 Biannual Session of CIGRE (the International Counci
According to the Guardian, The Ministry of Defence (MoD) is attempting to develop unmanned maritime drones that would be used for anti-submarine warfare and possible missile attacks on enemy ships. A senior defence official stated: “The possibilities of these new drone technologies is endless”. Some
CNOOC Limited announced today that Yacheng 13-4 gas field has recently commenced production successfully. Yacheng 13-4 is located about 72 kilometers southwest of Sanya, Hainan Province, in the north part of the South China Sea with an average water depth of about 85 meters. This project was designe
