Enviro Voraxial Technology, Inc. announced today that it has received a purchase order for a Voraxial® 4000 Separator. The Voraxial, which has already been shipped to the customer, will be used to process and clean reclaimed oil from commercial and industrial use. EVTN is experiencing record revenue
Coastal Energy Company announces the successful results of the Bua Ban North B-02 exploration well. The Bua Ban North B-02 well was drilled to 6,513 feet TVD and encountered 62 feet of net pay in the Miocene objective with 26% average porosity. The B-02 well also tested the Eocene interval and encou
Gazprom accomplished connection of the Dzhubga – Lazarevskoye – Sochi gas pipeline offshore and onshore sections. The Bigfoot 1 pipe-laying vessel performed a tie-in operation (welding two sections of the pipeline) near the Kudepsta settlement. The same operations were previously performed near th
Demonstrating its commitment to expanding its state of the art U.K. manufacturing presence, GE’s Oil & Gas business has officially opened a new wireline manufacturing and headquarters facility in Farnborough, Hampshire, United Kingdom. The facility brings the GE Oil & Gas—Downhole Technology platfor
Gazprom accomplished connection of the Dzhubga – Lazarevskoye – Sochi gas pipeline offshore and onshore sections. The Bigfoot 1 pipe-laying vessel performed a tie-in operation (welding two sections of the pipeline) near the Kudepsta settlement. The same operations were previously performed near the
Odyssey Marine Exploration, Inc. pioneers in the field of deep-ocean shipwreck exploration, has reported results for the first quarter ended March 31, 2011. Revenue for the first quarter 2011 was $2.1 million, compared to $2.9 million in the first quarter 2010. The Company also reported a net loss o
Fugro, Dutch company that provides geotechnical, survey and geoscience services to oil, gas, mining and construction industries, recorded the growth in revenue that commenced in the second half of 2010 continued, as expected, in the first months of 2011. This was despite somewhat lower utilisation o
Octanex N.L announces that the farmout agreement made with OMV New Zealand Limited (“OMV NZ”), in relation to the PEP 51906 permit, has received the consent of the New Zealand Minister of Energy under the Crown Minerals Act. As a result, the farmout agreement is now unconditional. OMV NZ entered int
Advances in system design and sensor performance, together with high accuracy GNSS surface positioning, have led to a significant increase in the capability, performance and accuracy of modern ultra-short baseline (USBL) acoustic positioning solutions. This has made it possible for such solutions to
Aker Floating Production reports first quarter revenues of USD 33 million and EBITDA of USD 26 million (unchanged and up 8%, respectively, versus first quarter 2010). Operating profit in the quarter of USD 9 million represents growth of 12% over the same quarter last year. The group made a net loss
Watermaster is a Finnish-made serially produced versatile dredger, that can do suction- and backhoe dredging and even pile driving work. Watermaster can “walk” in and out of water without crane assistance and it moves independently in water as well, minimizing the need of extra machinery and labour
Based on preliminary calculations the size of the discovery is between 12.5 and 56.5 million barrels of recoverable oil equivalent. ”Statoil has had great exploration success in mature areas during the last years,” says Gro Gunleiksrud Haatvedt, Statoil’s head of exploration on the Norwegian contine
BMT Marine & Offshore Surveys which incorporates The Salvage Association and Murray Fenton are delighted to announce that the business and assets of the company have been acquired by Braemar Shipping Services plc, a leading international provider of shipbroking, consultancy, technical, logistics and
Red7Marine’s newly-acquired offshore support vessel DP Reel has sailed into Great Yarmouth port to mark a milestone moment for the rapidly growing company. The £5m ( USD 8.1 Million) investment means the highly versatile vessel will be available to support work for clients in the renewable energy an
