Bahamas Petroleum Company, the oil and gas exploration company with licences in The Commonwealth of the Bahamas, announces its final results for the year ended 31 December 2011. Highlights: · Successfully raised £45.6m through an equity placing; · 1,120km line2D seismic survey and competent persons
JSC Yantar Shipyard (Kaliningrad, Russia) works hard on construction of same-named Project 22010 oceanographic research ship. It is planned to maintain such working speed till the end of 2012 when the ship will be put afloat for outfitting and trials, reports the shipyard’s press service. To determi
The Board of Directors of MTQ Corporation Limited announces that its wholly-owned subsidiary, Blossomvale Investments Pte. Ltd., has acquired a further 48,040,442 ordinary shares in Neptune Marine Services Limited at an average price of A$0.030 per share at a total consideration of A$1.4 million (ap
SeeByte, the global leader in creating smart software technology for unmanned systems, has been selected by the US Office of the Secretary of Defense, Comparative Test Office, to participate in a Foreign Comparative Testing (FCT) Program in support of a US Navy Program of Record managed by the Naval
LDD, an Acteon company providing near and offshore drilling and foundation services, announced that its custom-built LD5000 pile top reverse circulation drilling rig has been delivered to Birkenhead, UK, where LDD will use it to provide critical pile relief drilling for the installation of up to 160
Total hosted a press conference, attended by Rt Hon Charles Hendry, MP, Minister of State for the Department of Energy and Climate Change (DECC) at which it provided further details of the scale of its work to control the release of non-toxic gas from the G4 well on the Elgin field platform and conf
BlueView Technologies, the world leader in compact acoustic imaging and measurement technology, introduces BlueView U Certified Training. The comprehensive 3-day hands-on training and education course provides practical how-to application info, operational details, basic sonar theory, and more. Open
Aker Solutions has successfully completed the manufacturing and subsequent load-out of eight subsea manifolds and six riser bases for Eni Norge’s Goliat project in the Barents Sea. On Tuesday 27 March the load-out commenced. This weekend, the heavy lift vessel Happy Dragon will sail away with her gi
Service hydrographique et océanographique de la marine (SHOM) has announced an invitation for tenders for underwater sonar equipment. Sonar is a technique that uses sound propagation to navigate, communicate with or detect objects on or under the surface of the water. In this case the invitation is
The Transocean Leader unit from Transocean and Island Offshore’s light well intervention vessel Island Frontier have been named by Statoil as its rig and intervention team of 2011 respectively. “These two winners have achieved outstanding results,” Margareth Øvrum, executive vice president for Techn
Aquaterra is undertaking a Knowledge Transfer Secondment (KTS) scheme with the Computational Structural Mechanics Lab led by Dr Fehmi Cirak at the Cambridge University Engineering Department to assist with the development of their analysis services. Aquaterra Energy opened a Cambridge office in Dece
In December 2011 and January 2012, the Petroleum Safety Authority Norway (PSA) conducted an audit of Statoil Petroleum AS (Statoil) and Island Offshore Subsea AS (Island Offshore). The audit was aimed at management of major accident risk and the barrier management system in connection with light wel
BP has decided to extend the maintenance and modification contract with Aker Solutions, exercising an option in the existing agreement for the Ula, Valhall, Skarv, Hod and Tambar fields. Work under the extended contract will last until April 2014, and the contract value is estimated to be in the ran
Crews of deep-sea submersibles operated by Northern Fleet (NF) Search and Rescue Dept are preparing for participation in the Bold Monarch 2012 international submarine rescue exercise. Practical training takes place in Varlamov Bay Range, Barents Sea. Operators improve control skills of submersibles
