The Board of Mediterranean Oil & Gas Plc announces that, following the grant of approval by the Government of Malta, it has acquired through its wholly owned subsidiary Melita Exploration Company Limited (“Melita”), a 40% working interest in the Exploration Study Agreement (“ESA”) relating to offsho
N-Seatec received orders from various customers for winch systems. Smallest unit will be an ultra compact modular system with a max. line pull of 150kg. For weight reduction a combination of Stainless as well as Nylon parts will be used. This unit will be operated with remote control. Largest winch
Enegi, the independent Oil and Gas Company with a portfolio of assets located in the UK North Sea, Newfoundland Canada, Ireland, and Jordan provides update on the Fyne Oil field project. Enegi, along with its Joint Venture partner ABTechnology (“ABT”), agreed with Antrim Resources (N.I.) (“Antrim”)
Bluefin Robotics, a leading provider of Autonomous Underwater Vehicles (AUVs), and the Laboratory of Autonomous Marine Sensing Systems (LAMSS) at the Massachusetts Institute of Technology (MIT) announced that the team has demonstrated the MOOS-IvP Payload Autonomy, or Backseat Driver, concept runnin
Polarcus Limited (“Polarcus” or the “Company”) announces the release of its second quarter 2013 financial statements. Highlights in the second quarter 2013: – Revenues of USD 130.5 million, up 14% from Q2 2012 – EBITDA of USD 51.1 million, up 19% from Q2 2012 – EBIT of USD 26.7 million, up 22% from
Hercules Offshore announced that it is experiencing a well control incident on jack-up drilling rig Hercules 265, a 250′ mat-supported cantilevered unit. Efforts are ongoing to regain control of the natural gas well. At this time, all personnel on board have been evacuated and are being transported
FMC Technologies, Inc. reported second quarter 2013 revenue of $1.7 billion, up 14 percent from the prior-year quarter. Diluted earnings per share were $0.44 compared to $0.46 in the prior-year quarter. The quarterly earnings included a charge related to the 2013 Multi Phase Meters earn-out adjustme
Nexans, a worldwide expert in the cable industry, has been awarded a major contract by OneSubsea (a Cameron & Schlumberger company) to design, manufacture and supply an integrated power umbilical solution and associated termination hardware for Exxon Mobil Corporation’s Julia oil field development i
As Pulse Structural Monitoring (Pulse), an Acteon company, continues to expand, its Houston office has announced the appointment of two new business development managers to drive the growth of its U.S. operations. The company has appointed Paul Chittenden as the business development manager for prod
Ocean Rig UDW Inc. (the “Company” or “Ocean Rig”), a global provider of offshore deepwater drilling services, announced today: – It has signed definitive documentation with Total E&P Angola, following the previously announced Letter of Award, for its ultra deepwater drillship “Ocean Rig Skyros”. The
Marine Well Containment Company (MWCC) announced that Kiewit Offshore Services (Kiewit) in Ingleside, Texas has been selected as the shorebase location to house equipment to outfit the company’s modular capture vessels (MCVs) in the event of a deployment to a deepwater well control event. The equipm
Chevron North Sea Limited announced that it has awarded a number of contracts for its Alder and Rosebank major capital projects to UK suppliers to a total value of over £550 million. The subsea equipment vendor contract for the Rosebank project has been awarded to OneSubsea UK Limited (formerly Came
Sonardyne International Ltd., in conjunction with Guidance Navigation and Veripos, recently held a free one-day user workshop focusing exclusively on the latest advances in Dynamic Positioning (DP) reference sensor technologies. More than 50 industry experts from a wide selection of companies gather
Odyssey Marine Exploration, pioneers in the field of deep-ocean exploration, has recovered over 61 tons of silver bullion this month from a depth of nearly three miles. This recovery of bullion from the SS Gairsoppa, a 412-foot steel-hulled British cargo ship that sank in February 1941, consists of
