Mutual learning and innovation was on top of the agenda, as MacArtney Inc. spent a weekend in the inspirational company of the underwater technology talent of tomorrow. ROVs at NASA, Johnson Space Center Only a few weeks ago, a dedicated team of MacArtney representatives and technicians payed a visi
Ithaca Energy Inc. announces the execution of further UK exploration farm-out transactions. The Company has executed a farm-out agreement with a subsidiary of Edison International SpA (“Edison”) for a 25% interest in the licences containing the Handcross prospect and an agreement with Shell UK Limit
The Board of ABB has unanimously appointed Ulrich Spiesshofer, the head of its Discrete Automation and Motion (DM) division, as Chief Executive Officer. He will succeed Joe Hogan in this role in an orderly transition on September 15, 2013. Hogan will continue with ABB for some months as Senior Advis
Sonardyne International Ltd. has received another major order for Compatt 6G transponders from Forum Subsea Rentals, a division of Forum Energy Technologies, Inc. Formerly know as DPS Offshore, this latest order brings the total value of 6G equipment purchased by the company to approximately US$3 mi
Over the years the Hydrex R&D department has continuously improved underwater repair techniques to make it possible for Hydrex diver/technicians to perform permanent repairs on seals, thrusters, rudders and almost any other part of the underwater vessel without the ship needing to go to drydock. The
Scana Industrier ASA has through its subsidiary Scana Offshore Vestby, been awarded contract for upgrade of Work over Risers. The value of the contract is approx. 40 MNOK. First call off has a value of approx. 22 MNOK. – Thermal coating of components such as production risers and other components fo
Reach Subsea has entered into a charter party agreement with Bourbon for the MPSV “Bourbon Emerald” for 140 days + options. The vessel will be equipped with the company’s own ROVs for operations in the North Sea and under the Joint Venture with Marin Mætteknik. Further, Reach Subsea has entered into
Resources and Energy Minister Gary Gray has announced the grant of 13 new offshore petroleum exploration permits as part of round one of the 2012 Offshore Petroleum Exploration Acreage Release. The award of these permits will see an estimated $180 million in new investment in waters offshore Western
Rosneft and ExxonMobil signed final agreements establishing a joint Arctic Research Center (ARC) in Russia and an over-arching technology sharing agreement to support the companies’ joint ventures worldwide. Formally named the Arctic Research and Design Center for Continental Shelf Development, the
1. DCN Divers Rescue Survivor from Jascon 4 (Nigeria) On Sunday 26 May, the tugboat Jascon 4 ran into difficulties whilst engaged in static towing operations, capsized and sank with a crew of 12 on board. 2. Seaway Heavy Lifting to Transport and Install Gullfaks Wet Gas Compression Unit Seaway Heavy
Noble Energy, Inc. today announced that the second appraisal well at Gunflint successfully encountered 109 feet of net pay within the primary reservoir targets. Results of drilling, wireline logs and reservoir data have confirmed an estimated gross resource range of 65 to 90 million barrels of oil e
The Norwegian government on 12th June awarded the licences that form part of the 22nd round on the Norwegian Continental Shelf (NCS). Centrica Energy was awarded an operatorship and 50% ownership in the Scarecrow licence, block 719. This block opens up a new area for Centrica, and marks the beginnin
Det norskes physical production in May was 5,238 barrels per day. This is an increase of over 250 percent. The increase is mainly due to start up at the Jette field. Jette has produced eleven days in May. The production is divided on all 31 days in May. The wells on Jette have produced more [&hellip
Leading international subsea equipment solutions specialist Ashtead Technology has strengthened its management team with the appointment of Tim Sheehan as commercial director. The appointment, which is a new position, comes as part of the company’s strategy to expand its global service offering whic
