The partners behind plans for Shetland’s first wave power scheme will tell island representatives this week that it is set to ramp up public consultation and environmental research off the south west mainland ahead of a planning application in 2015. The work planned for the Aegir scheme in 2013 will
Kim Dotcom is promoting transoceanic fibre cable for New Zealand that will provide New Zealanders with faster broadband, Inquirer.net reports. Kim announced plans to restart the company Pacific Fibre, which couldn’t find the funding for its project to connect the US with New Zealand via undersea cab
Gassco has recommended that oil from the Edvard Grieg and Ivar Aasen discoveries in the Norwegian North Sea is landed at the Sture terminal near Bergen. The Ministry of Petroleum and Energy (MPE) commissioned pipeline operator Gassco in February to assess infrastructure solutions for oil from future
Mitsubishi Electric Corporation announced that it has completed work on the India-Middle East-Western Europe (IMEWE) Cable Network to upgrade the submarine cable network with 40 gigabits per second (Gbps) dense wavelength division multiplexing (DWDM) technology. The upgrade involved installation of
MEO Australia Limited advises that the Thailand Department of Mineral Fuels, Ministry of Energy has formally approved the transfer of a 50% participating interest in the Gulf of Thailand G2/48 Concession from Pearl Oil Offshore Limited, an affiliate of Mubadala Petroleum (Mubadala), to Rayong Offsho
McDermott International, Inc. (“McDermott”) announced today that one of its subsidiaries has been awarded a cable procurement and installation project for Saudi Aramco in the Safaniya, Abu Safah and Marjan fields. The contract, issued under the existing Long Term Agreement, will include the procurem
CGGVeritas is launching StagSeisTM, a “next-generation” solution for subsalt imaging, and is currently employing this technique to acquire its IBALT 5,150km2 full-azimuth survey in the Keathley Canyon area of the Gulf of Mexico. StagSeis is designed to reduce exploration and production risk by provi
MEO Australia Limited advises the following update in relation to the Gurame SE-1X well being drilled offshore North Sumatra in the Seruway PSC using the Hercules #208 drilling rig. Since the last report, 95/8″ casing has been run and cemented to 2,677mMDRT. After pressure testing of Blow-out Preven
Afri-Can Marine Minerals Corporation (“Afri-Can”) has signed a charter agreement for the vessel mv DP The Explorer with International Mining and Dredging Holding Ltd. (“IMDH”) to carry out a diamond-sampling program on the Exclusive Prospecting Licence (“EPL”) 3403 Marine Diamond Concession in Namib
Havila Shipping ASA delivers a strong third quarter. Pre-tax result is NOK 21.1 million. The positive third quarter result brings the offshore company into black for the year to date with a positive result before tax of NOK 6.8 million, an improvement of around NOK 90 million on the third quarter 20
MacDermid Offshore Solutions Australia has been awarded a contract for the supply of subsea hydraulic control fluids to the INPEX-operated Ichthys LNG Project in the Browse Basin offshore Western Australia. Support for the project will come from MacDermid’s technical support centre in Western Austra
Chatham Rock Phosphate congratulated Namibian Marine Phosphate on news it has received a mining licence from that country’s Ministry of Trade and Industry. “It’s an exciting global milestone for the industry,” CRP chief executive Chris Castle said. “We hope to be in a similar position within a few m
CGGVeritas announced its non-audited third quarter 2012 consolidated1 results. All comparisons are made on a year-on-year basis unless stated otherwise. Third quarter results – Revenue totaled $855 million, up 7% – Operating income increased by 17% to $114 million, a 13% margin – Services operating
After completing the world’s first solar-powered journey around the world, the famous catamaran has found a new occupation for the New Year. is intended to be the mode of transport for the Deepwater Project, a scientific mission led by the University of Geneva (UNIGE) to collect data on the Gulf Str
