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Business & Finance

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TSC Wins Two Contracts in China for Supply of Cranes and Conductor Tensioning Units
Business & Finance

TSC Wins Two Contracts in China for Supply of Cranes and Conductor Tensioning Units

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

about 15 years ago
OTC 2011: Lloyd’s Register Enters Global Technical Contract with Maersk FPSOs
Business & Finance

OTC 2011: Lloyd’s Register Enters Global Technical Contract with Maersk FPSOs

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

about 15 years ago
USA: Paradigm Flow Solutions Launches Pipe-Pulse for Removal of Subsea Blockages
Business & Finance

USA: Paradigm Flow Solutions Launches Pipe-Pulse for Removal of Subsea Blockages

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

about 15 years ago
Vietnam Approves Full Development Plan for Te Giac Trang Field
Business & Finance

Vietnam Approves Full Development Plan for Te Giac Trang Field

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

about 15 years ago
Philippines: Otto Energy Announces Increase in Galoc Oil Field Reserves
Business & Finance

Philippines: Otto Energy Announces Increase in Galoc Oil Field Reserves

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

about 15 years ago
India Plans to Develop Specialized Vessels for Deep-Sea Mining
Business & Finance

India Plans to Develop Specialized Vessels for Deep-Sea Mining

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;

about 15 years ago
USA: Bornemann Pumps Introduces Skimmer for Deepwater Oil Leaks
Business & Finance

USA: Bornemann Pumps Introduces Skimmer for Deepwater Oil Leaks

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

about 15 years ago
USA: Orion Marine Group Reports First Quarter 2011 Results
Business & Finance

USA: Orion Marine Group Reports First Quarter 2011 Results

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;

about 15 years ago
Norway: NORECO Records Quarterly Net Loss of USD 55.5 Million
Business & Finance

Norway: NORECO Records Quarterly Net Loss of USD 55.5 Million

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

about 15 years ago
Norway: Nexans to Supply Infield Umbilical for Shell’s Ormen Lange Field
Business & Finance

Norway: Nexans to Supply Infield Umbilical for Shell’s Ormen Lange Field

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

about 15 years ago
Nexans Wins Contract Worth USD 7.1 Million to Supply Infield Umbilical for Ormen Lange (Norway)
Business & Finance

Nexans Wins Contract Worth USD 7.1 Million to Supply Infield Umbilical for Ormen Lange (Norway)

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

about 15 years ago
USA: ABS Develops New Suite of Standards That Address New Technologies in Offshore Drilling
Business & Finance

USA: ABS Develops New Suite of Standards That Address New Technologies in Offshore Drilling

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

about 15 years ago
Senator Bob Brown Wants Inquiry into Undersea Mining Impact on Bismarck Sea (Papua New Guinea)
Business & Finance

Senator Bob Brown Wants Inquiry into Undersea Mining Impact on Bismarck Sea (Papua New Guinea)

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;

about 15 years ago
Beenish Ayaz Begins Research Project ‘Dynamically Reconfigurable Underwater Wireless Sensor Networking’ at NSRI (UK)
Business & Finance

Beenish Ayaz Begins Research Project ‘Dynamically Reconfigurable Underwater Wireless Sensor Networking’ at NSRI (UK)

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

about 15 years ago
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