Pacific Drilling S.A. announced today that one of its subsidiaries has reached an agreement with Samsung Heavy Industries to extend until October 31, 2011 an option to construct a seventh ultra-deepwater drillship. With its best-in-class drillships and highly experienced team, Pacific Drilling is a
NURC’s mine reacquisition and neutralization efforts focus on Autonomous Surface Vehicle carrying and guiding an automated ROV (aROV) close to the mine target utilizing advances in sonar image processing and target tracking, autonomous navigation and control, and collaborative autonomous systems mis
In response to a request from Secretary of the Interior Ken Salazar, the U.S. Geological Survey today released the ‘science gap and sufficiency’ report evaluating science needed to better inform decisions regarding oil and natural gas exploration and development in the Beaufort and Chukchi Seas off
Aberdeen-based Ecosse Subsea Systems is delighted to announce that it has scored a hat-trick of finalist’s positions in two awards schemes. The company is a finalist in the Wood Group Award for Innovation category of the annual Grampian Awards for Business Enterprise. The winner of the accolade will
Aberdeen-based Ecosse Subsea Systems announced that it has scored a hat-trick of finalist’s positions in two awards schemes. The company is a finalist in the Wood Group Award for Innovation category of the annual Grampian Awards for Business Enterprise. The winner of the accolade will be announced a
Husky Energy Inc. announced today that it will raise approximately $1.2 billion offering of common shares by way of a bought deal (the “Public Offering”) and a concurrent private placement of common shares (the “Private Placement”) to its principal shareholders, L.F. Investments (Barbados) Limited,
QinetiQ GRC combined its annual user event with the official launch of Paramarine version 7. The launch event was held on HMS Warrior in Portsmouth harbour and was attended by a large number of Paramarine users drawn from both the commercial and defence sectors. When commissioned on August 1st 1861,
Sonde Resources Corp. announced today that it will receive a total of US$97.0 million from the sale of Sonde’s 25% interest in Block 5(c), located off the east coast of Trinidad and Tobago. Sonde sold the interest for US$87.5 million and received cash consideration of US$75.5 million plus purchase p
Cyta, the premier telecommunications provider in Cyprus, and Telecom Italia Sparkle, the international services arm of the Telecom Italia Group, announce their agreement following a top management meeting in Rome, for the new ATHENA submarine cable subsystem linking Cyprus to Greece, which will come
The first foundation of the offshore wind farm Thornton Bank 2 has been successfully installed off the coast of Belgium. The around 50 metre high and 550 ton steel foundation (a so-called jacket foundation) was manufactured in Hoboken near Antwerp, and in the past few days it was transported via pon
On June 2, 2011, Norddeutsche Seekabelwerke GmbH (NSW) has been awarded a major order by TenneT TSO GmbH (TenneT), a German-based transmission network operator, for the supply and installation of 2 x 13 kilometers of 155 kV AC submarine transmission cables. The cable will provide the network connect
Horizon Lines, Inc. America’s leading domestic ocean shipping company, has received recognition from the Chamber of Shipping of America (CSA) and the United States Coast Guard (USCG) for its record of safety and stewardship. CSA presented Horizon Lines with the Jones F. Devlin Awards for safety at t
A small group of Aptos High School students is considered the best in the world when it comes to engineering a robot that can stop a deepwat… (santacruzsentinel) [mappress] Source: santacruzsentinel, June 23 , 2011;
Global engineering group, Cavotec, has won an order to supply 24 MM200C automated mooring units, specifically designed for use in container port applications. The project is one of the largest Cavotec has registered to date for this innovative mooring technology. Under the multi-million euro contrac