Business & Finance
Petrobras Identifies Good Quality Oil Offshore Brazil
Petrobras today announced that it has identified the presence of good quality oil in well 4-SPS-91 (4-BRSA-1002-SPS), in shallow waters of south Santos Basin, in an area known as Tiro and Sidon, offshore Brazil. The new well, informally known as Patola, is located at a water depth of 299 meters, som
Norway: Aker Solutions Wins Subsea Production System Contract for Vilje South
Aker Solutions has been awarded a contract by Statoil for the engineering, procurement and construction of a subsea production system for the Vilje South project on the Norwegian continental shelf. The contract value is approximately NOK 225 million. Scope of work includes a subsea tree, satellite p
UK: Bibby Offshore Announces Major Investment in Marine Assets for North Sea Market
Aberdeen-based subsea installation contractor Bibby Offshore has announced a multi-million pound investment in marine assets for its core North Sea market. From January 2012, the DP3 Diving Support Vessel, Toisa Polaris, will come under the control of Bibby Offshore. The vessel will be taken on a 2-
Malaysia: MISC Berhad Announces Its Exit from Container Shipping Business
MISC Berhad (MISC) today issued a statement through the local stock exchange, Bursa Malaysia, announcing its decision to exit the liner business (container shipping) via cessation of the said business. The Company, in its announcement to the exchange, explained that the radical change in the operati
Luxembourg: Logwin Experiences Increasing Demand
More and more ships only order spare parts when they need them since this saves procurement and storage costs. Logwin, the international logistics services provider, is also seeing this trend with the demand for its Ship Parts Logistics special service growing by 28 % in the last three years. Shipow
Cyprus: Seabird Exits OBN Market
SeaBird Exploration PLC has entered into a share and purchase agreement (the “SPA”) with Fugro Norway AS on 18 November 2011, under which Fugro will acquire SeaBird Technologies AS and Seabed Navigation Company Limited which collectively hold all of the Company’s rights and assets related to the oce
The Netherlands: Xodus Group Opens Hague Office
Energy consultancy Xodus Group has launched a £5 million office in The Hague bringing a truly integrated subsurface and surface capability to the global oil and gas industry. A number of key appointments have been made and Xodus aims to have 20 people operating from The Hague by the end of the year.
Norway: Statoil Announces Fast Forward for Vilje South
The Vilje partners have taken the investment decision to develop Vilje South, an extension to the main field included in its original plan for development and operation (PDO). An oil producer, Vilje lies just to the north of Heimdal in the northern part of Norway’s North Sea sector. The well planned
Norway: Statoil, Partners Decide to Develop Vilje South
Statoil announced today that it has, together with its partners, taken the investment decision to develop Vilje South, an extension to the main field included in its original plan for development and operation (PDO). An oil producer, Vilje is situated just to the north of Heimdal in the northern par
New Zealand: Rena Salvage Operations Remains on Hold
Salvage operations remain on hold due to strong winds around the Rena, says Maritime New Zealand (MNZ). Salvors are continuing to monitor the condition of the vessel through electronic sensors on board but information gathered so far indicates there is no significant change or deterioration of the h
Xodus Group Opens Dutch Office
Aberdeen headquartered energy consultancy, Xodus Group, is gearing up for global expansion with the launch of a $ 7.7 million office in The Hague bringing an integrated subsurface and surface capability to the global oil and gas industry. A number of key appointments have been made and Xodus said it
UK: C-Tecnics Introduces Mantis 20 HD Camera for Underwater Inspection
C-Tecnics introduces the Mantis 20 HD Camera, world’s first underwater inspection camera with a 20x zoom capability. The MANTIS 20 is a compact, full high definition (HD) colour focus and zoom camera. The 1/3‐inch CMOS sensor provides exceptional picture quality with full HD levels of resolution and
USA: BlueView Technologies Presents New P450 Series
BlueView Technologies, the world leader in compact acoustic imaging and measurement technology, has answered the call for a long range imaging sonar with a wide field-of-view – the all new P450 Series now with S2 electronics is available in five new models including two deepwater options. Each model
USA: Chris Jones Joins BlueView as Director of Research and Development
BlueView Technologies the world leader in compact acoustic imaging and measurement technology has added Chris Jones as Director of Research and Development. Jones will take charge of our Research and Development efforts to improve current data processing and explore new applications for BlueView’s u