An international rig product and total solutions provider, TSC Group Holdings Limited (“TSC” or the “Company”) together with its subsidiaries (the “Group”) has recently signed contracts with Baoji Oilfield Machinery Co., Ltd. (“BOMCO”), the largest machinery manufacturer under China National Petrole
Lloyd’s Register EMEA has been awarded the global contract to provide Maersk FPSOs with a comprehensive suite of technical services to assure the reliable operation of its fleet of floating oil and gas production units which serves some of the world’s biggest offshore fields. The multi-year agreemen
Paradigm Flow Solutions launched patented technology to tackle the persistent industry challenge of restrictions and blockages in subsea pipelines, taking the treatment to the topside for the very first time. Paradigm also revealed at the Offshore Technology Conference in Houston that it has just la
The Company has been informed by the Hoang Long Joint Operating Company, the Operator of Block 16-1 in the Cuu Long Basin offshore Vietnam, that PetroVietnam has relayed the Government of Vietnam’s agreement to the extension period for the Te Giac Den Appraisal area. The extension period is for 15 m
Otto Energy Ltd provides an update on remaining oil reserves balances at the Galoc field as at 1 January 2011. The Operator and 59.84% participant in the project, Galoc Production Company WLL, in which Otto is a 31.38% shareholder, annually commissions a review on behalf of the Galoc joint venture o
India plans to spend Rs.500 crore in developing a series of specialized vessels capable of scouring deep ocean floors for minerals, metals… (livemint) [mappress] Source: livemint,May 05, 2011;
Bornemann Pumps, a leading manufacturer of oil and gas pumps, said Wednesday it has developed a subsea skimmer that can clean up deepwater oil leaks before they reach the surface. Working like a subsea vacuum cleaner, Bornemann’s technology can be deployed over leaking oil and gas at depths of up to
Orion Marine Group, Inc., a leading heavy civil marine contractor, today reported net income for the three months ended March 31, 2011, of $… More info: orionmarinegroup [mappress] Source: orionmarinegroup, May 5, 2011;
Noreco had revenues of NOK 547 million in first quarter 2011, an increase of 14 percent compared to first quarter 2010, driven by higher oil prices which more than compensated for lower production volumes. Production in the quarter was 10,355 barrels of oil equivalents per day (boed), down from 11,3
Nexans, a worldwide leading expert in the cable industry, has been awarded a 4.8 million euro contract by Norske Shell to supply the 6.5 km infield umbilical for the Ormen Lange North Field project. The Ormen Lange natural gas field on the Norwegian Continental Shelf started production in 2007. This
Nexans, a worldwide leading expert in the cable industry, has been awarded a 4.8 million euro contract by Norske Shell to supply the 6.5 km infield umbilical for the Ormen Lange North Field project. The Ormen Lange natural gas field on the Norwegian Continental Shelf started production in 2007. This
The increased technical sophistication of drill ships and other mobile drilling units, coupled with the greater regulatory oversight of offshore drilling, has spurred ABS to develop a new suite of classification standards and notations intended to provide MODU operators with increased confidence tha
Australian Greens Leader, Senator Bob Brown, has returned from Papua New Guinea vowing to push for an Australian Senate inquiry into the… (radioaustralia) [mappress] Source: radioaustralia ,May 05, 2011;
NSRI welcomes a wew PhD Student, Beenish Ayaz, who is about to begin her research project “Dynamically Reconfigurable Underwater Wireless Sensor Networking” Dynamically Reconfigurable Underwater Wireless Sensor Networking Land-based wireless sensor networking (WSN) is a highly active field of resear