Iran has discovered a new gas field with reserves of 50 trillion cubic feet in waters of the Caspian Sea, Iranian minister of petroleum, Rostam Qasemi announced . Gas reserves of the field, which is, located 700 meters depth of Caspian Sea are estimated to be several times more than former estimatio
Chinese state media said on Wednesday that a group of Chinese fisherman is suing US oil company, ConocoPhillips, for 490 million yuan… (maritime-executive) [mappress] Source: maritime-executive , December 18, 2011; Image: ConocoPhillips
Aegion Corporation announced that its subsidiary, The Bayou Companies, LLC, has been awarded a contract to coat approximately 80 miles of 16-inch and 18-inch diameter oil and gas pipelines for the Shell Mars B deep water development. In January 2012, Bayou will begin inner-diameter coating, outer-di
This month Norwegian wave energy developer, Intentium AS launches open wave energy project – owep. This is meant to be a hub where developers, decision makers, suppliers and students, can publish their own project or request for involvement. This will typically be a project for a complete ocean ener
Acta Marine B.V. and Almatug Ltd are expanding their partnership in West Africa by strategically relocating the multicat “Coastal Assistant” to this area. The vessel will be marketed and operated under joint management of the partners. The companies have been partnering with each other for many year
Prime Minister of Cook Islands, Henry Puna will introduce his plan to change half of the Pacific island state and its seas into the biggest marine park in the world, in August 2012. According to the IUCN, the park will cover around 2.5 pct of the whole Pacific Ocean. „We want it to be […]
To reduce the risk of another accident as catastrophic as the Deepwater Horizon explosion and oil spill, a new report from the National Academy of Engineering and National Research Council says, companies involved in offshore drilling should take a “system safety” approach to anticipating and managi
Marine mining, featured on the Institute of Marine Engineering, Science and Technology’s (IMarEST) Technical Activities Hot Topics Register, has added an important sustainability credential with the adoption of the revised ‘Code for the Environmental Management of Marine Mining’ by the International
Efforts are being made to use the tides of the sea to generate electricity in areas in Fiji. Tevita Vuibau (fijitimes) [mappress] Source: fijitimes , December 16, 2011
AusGroup Limited announced it has purchased assets and operations of Singapore-based Subsea Pressure Controls Pte Ltd as an addition to its Fabrication and Manufacturing business. The initial purchase consideration of S$5.0 million will be made up of a combination of shares and cash, with an additio
China Oilfield Services Limited announced that its deepwater survey vessel “HYSY708” was successfully delivered in Guangzhou. Mr. Cao Shujie, Vice President of COSL and representatives from the ship builder CSSC Guangzhou Huangpu Shipbuilding Company Limited attended the delivery ceremony. HYSY708 i
Saipem has been awarded new E&C Offshore contracts in South America worth approximately $600 million. In Brazil, Saipem has been awarded an EPIC contract by Petrobras for the development of the gas export pipeline Lula NE – Cernambi, in the Santos Basin Pre-Salt Region, approximately 270 kilometres
Martin Deffontaines is appointed Vice-President, Investor Relations of Total. He succeeds Bertrand de La Noue who is appointed General Representative for Total in China. Martin Deffontaines has been Vice President Strategy within Strategy Business Development R&D Division, in Exploration Production,
BOURBON opens a new affiliate in Saint Petersburg, Bourbon Baltic, which will provide clients with first-class ship management resources. It complements BOURBON’s current operations in Sakhalin. Global leader in offshore oil and gas marine services, BOURBON opens Bourbon Baltic, an affiliate based i
