Genesis Energy, L.P. announced that it has entered into definitive agreements to acquire from Marathon Oil Company interests in several Gulf of Mexico crude oil pipeline systems, including its 28% interest in Poseidon Oil Pipeline Company, L.L.C., its 29% interest in Odyssey Pipeline L.L.C., and its
WFS Technologies announces the appointment of Derek Blackwood, OBE, President of Wood Group PSN Americas region, to its Board of Directors. Derek began his career as a student apprentice with BP Tanker Company gaining an HND in Marine Engineering. He worked in a variety of roles within the oil & gas
On 1 November 2011 Francisco Gutierrez joins GeoAcoustics as Product Manager. His main responsibility will be to support the internal- and external salesteam. Francisco’s tasks are to prepare and execute product demonstrations, publish technical papers and support the GeoAcoustics product evolution
Construction of the offshore pipeline for the PNG LNG Project has started, with the first lengths of pipe laid near the LNG Plant. The pipeline, which will be 407 kilometres long, stretches from Omati in the Gulf Province to the LNG Plant. The pipeline is 36 inches in diameter and will be laid from
Kvaerner had operating revenues of NOK 2 623 million in the third quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 169 million, resulting in an EBITDA margin of 6.2 percent. “The third quarter has been a solid operational quarter, with financial results
Ciena® Corporation , the network specialist, announced it was selected by Southern Cross Cables, an independent Australasian bandwidth wholesaler that owns and maintains a trans-Pacific network, to expand its subsea cable network. To meet growing demand for high-bandwidth services and applications l
2H Offshore Inc., an Acteon company, has relocated to new premises within Houston’s Energy Corridor District at 15990 North Barkers Landing, Suite 200, Houston, Texas 77079. Close to major clients and less than a mile from the previous location, the new office encompasses 32,000 square feet and incl
The World leading technology company, Emerson Process Management, has become a partner in NCE Subsea. – To us this is about increased visibility, but we also feel we have something to offer NCE Subsea, says Hege Forus, Information Manager at Roxar, which is owned by Emerson Process Management. This
ION Geophysical Corporation announced that it has acquired an additional 5,200 km of regional seismic data from offshore Northeast Greenland, bringing the total kilometers the company has acquired in the region over the last two seasons to nearly 18,000. The Arctic is one of the least explored, most
ABB, the leading power and automation technology group, signed a three-year frame agreement worth $33 million with BP Norway for maintenance, modification and service of the safety and automation systems of all of its oil field operations on the Norwegian continental shelf. The agreement signed in t
Welltec was given the challenge to remove an unknown amount of sticky substance from an offshore well and to do it on electric line. The challenge was accepted. Initially, the operator did not know exactly how much of the sticky material was present in the well and in case it was just a bridge, it [
As an industry that is responsible for managing a significant portion of the UK seabed, the marine aggregate sector recognises that it has an important role to play in protecting the biodiversity of the sea around our shores. The sector already has a well established sustainable development strategy
Continuing on the path of success, Welltec has recently completed another excellent clean-out job for a major operator on the Norwegian Continental Shelf. A well was experiencing problems with fill all the way up to surface of a popular resin often used instead of cement. Welltec quickly mobilized t
Bolt Technology Corporation announced financial results for the first quarter of fiscal year 2012, the three months ended September 30, 2011. For the quarter ended September 30, 2011, sales amounted to $9,572,000 compared to $8,534,000 in last year’s first quarter. Net income for the quarter amounte
