Eni has signed an agreement with MEO Australia Limited to farm-in to the Heron and Blackwood gas discoveries in the permit NT/P68 in the Timor Sea, northern Australia. The agreement involves Eni earning 50% in the Heron gas discovery by funding the drilling of two wells in the Heron Area. Eni may wi
Trinidad-based Offshore Technology Solutions Limited (OTSL) has ordered the new top selling Saab Seaeye Panther XT Plus electric work ROV. With ten powerful thrusters, 50% more power and swimming 30% faster than any other electric work ROV of its class, OTSL say the Panther XT Plus will greatly exte
Tidewater Inc. announced that Quinn P. Fanning, Executive Vice President and Chief Financial Officer and Joseph M. Bennett, Executive Vice President and Chief Investor Relations Officer, will present at the 2011 UBS Global Oil & Gas Conference in Austin, Texas on Thursday, May 26, 2011, at approxima
RBG has worked with a number of suppliers to improve the safety and effectiveness of a range of fabric maintenance technology. RBG worked with MONTI and its UK distributor, Belzona Polymerics Ltd to enhance the Hand-Arm Vibration (HAV) daily usage limit of MONTI’s MBX® Bristle Blaster®. The lightwei
A subsea cable firm’s Tees Valley facility is expected to play an important part in its future growth as it looks to concentrate on its key… (thenorthernecho) [mappress] Source: thenorthernecho,May 17, 2011;
Halliburton announced that it will present at the 2011 UBS Global Oil and Gas Conference on Tuesday, May 24, 2011, at 7:30 a.m. Central Daylight Time. Interested parties may listen to the presentation live over the Internet at https://www.halliburton.com About Halliburton Founded in 1919, Halliburto
Unique System recently helped iXBlue to achieve a highly satisfying commercial milestone. The equipment rental company’s UAE office has just… (seadiscovery) [mappress] Source: seadiscovery ,May 17, 2011;
Cabot Corporation has been selected by global engineering company Technip to provide pipe-in-pipe insulation for four subsea pipeline projects in the North Sea. Technip will use Cabot’s aerogel Compression PackTM to insulate a total of 64 km of subsea pipe-in-pipe (PiP) flowlines. The systems will b
Neptune Marine Services Limited confirms it has delivered on key elements of its operational restructure, including finalising $9.5 million in annual cost savings, progress in the non-core asset sale program, and confirming the board succession plan. Neptune reports that its underlying operations re
Wellube has just successfully completed another subsea hot tapping project. This time, it was a 12” Class 900 subsea hot tap in the South China Sea. Located in Block 11/05 in Bohai Bay, the client wanted a 12”’ branch connection from the existing 14” sour gas pipeline which was at a depth of 40 mete
Offshore handling equipment specialist, Caley Ocean Systems Ltd has designed and built what is believed to be the most adaptable offshore… (subseauk) [mappress] Source: subseauk ,May 16, 2011;
Stork Technical Services and Arle announced the acquisition of RBG Limited, the UK based supplier of inspect, assess and repair services to the global energy industry. RBG Limited, which in 2010 had revenues of c.£300m, has been acquired as a strategic addition to Stork Technical Services Holding B.
In line with the guidance announced on 11 April 2011, Leighton Holdings Limited announced a loss after tax (unaudited) of $382m for the nine months to 31 March 2011 from total revenue of $13.8bn and expects to report a loss after tax of $427 million for the 2010/11 financial year. A summary of finan
Specialist oilfield production chemicals company Champion Technologies has secured its first deepwater chemical management services contract in West Africa in an eight-figure deal over five years. The work involves a full suite of chemicals and associated support services for Noble Energy’s Aseng Fi
