Royal Dutch Shell’s second quarter 2013 earnings, on a current cost of supplies (CCS) basis (see Note 1), were $2.4 billion compared with $6.0 billion in the same quarter a year ago. Second quarter 2013 earnings included an identified net charge of $2.2 billion after tax, mainly reflecting impairmen
TGS announces three new multi-client surveys; a 3D survey in UK West of Shetlands and two 2D surveys offshore Newfoundland-Labrador. Rona Ridge 2013 (RR13) is a 2,420 km2 3D survey that will provide the industry’s first 3D data in the highly prospective UK West Shetland Basin. Data processing will b
An oil spill that occurred on Saturday about 20 km (12 miles) off the coast of Thailand is having an extreme impact on tourism, Reuters reported. Tourism Minister Somsak Phurisisak expressed his concerns regarding the impact of the spill on tourism. “I’m very concerned, I didn’t think this spill wou
Fort William-based subsea training and trials facility, The Underwater Centre, has seen a 25% increase in the number of students through its doors in 2012, with the number set to increase even further by the end of 2013. There was also a rise in the number of international students training at the C
In order to grow and maintain a high quality workforce, it is essential to put the time and effort into implementing schemes that help to train individuals and hone their skills. This is an important aspect that Aberdeen-based subsea installation contractor Bibby Offshore is dedicated to addressing
Control valve engineering specialist Severn Glocon Group has strengthened its presence in the subsea oil and gas market with the acquisition of High Pressure High Temperature (HPHT) downhole tools company Calidus Engineering. Now renamed Severn Subsea Technologies Ltd, the company will provide resea
The agreement signed with the German oil and gas company Wintershall, which includes the divestment of Statoil’s share of the Brage licences, a farm-down in Gjøa and Vega, and acquisition in the Edvard Grieg licence in the North Sea, has been completed. The consideration to be paid to Statoil is USD
Gibdock has underlined its growing reputation in the offshore vessel sector by securing its first dry docking contract from Technip, a world leader in project management, engineering and construction for the energy industry. Wellservicer, a multi-role diving support vessel with subsea lift capabilit
Jee has introduced a new addition to its growing programme of subsea training courses. The Engineering of Flexibles course provides delegates with an expert level of understanding in flexible risers and flowlines in conjunction with OrcaFlex software training. The four-day course, which is offered i
Aberdeen-based subsea installation contractor Bibby Offshore is to move into a new purpose-built HQ as the business continues to grow. The company has outgrown its current offices at Waterloo Quay and is moving to accommodate an increase in staff numbers and services as it expands operations both in
FoundOcean has been awarded two significant accreditations from independent auditing body DNV. Jim Bell, Managing Director for FoundOcean said, “The ISO 9001 certificate that we have held since 2006 demonstrates that our quality management system complies with industry best practices. The OHSAS 1800
The robot technicians’ team of the Russian Far-Eastern Federal University took the 3rd place at the 16th International Uncontrolled Underwater Vehicle Competition (RoboSub 2013). The competition finished on July 28 in San Diego, USA. 30 teams of the world’s leading technical academic institutions fr
From its immersion in January 2013, at the European Marine Energy Centre (EMEC) in Orkney, Scotland, Alstom’s full-scale tidal device has reached the full nominal power of 1MW after a series of gradual increases in power. The turbine connected to the grid has now generated over 10MWh of electricity,
World leader for naval defence, DCNS has turned its knowledge of the sea and its unique experience of new technologies into an advantage to position itself on the renewable energy market. An ambitious plan that is already well on its way to being implemented. Energie de la houle – partenariat entre
