JDR, a leading provider of technology connecting the global offshore energy industry, has published its results for the twelve months ended 31 December 2012[1] together with its Annual Report. Financial Highlights for the 12 months to 31 December 2012 – Record revenues of £129.9m (2011: £83.2m), an
The UK based supplier of mechanical subsea connectors, Balltec Ltd, has gained FPAL accreditation reinforcing their supply capabilities, services and related expertise within the oil and gas industry. FPAL, an industry recognised mark, is used by the Oil and Gas industry in the UK, Netherlands and I
Petroceltic International plc (“Petroceltic” or the “Company”), the upstream oil and gas exploration and production company focused on North Africa, the Mediterranean and the Black Sea regions announces its participation in a joint venture with Edison International Spa (“Edison”) which was the succe
Undersea mining developer Chatham Rock Phosphate expects to be the first minerals company to have an environmental consent application considered under the Exclusive Economic Zone legislation. Chief executive Chris Castle said he is delighted the start date for the EEZ Act had been confirmed as June
Telx®, a leading provider of global interconnectivity, cloud enablement services and datacenter solutions, announced that Seaborn Networks, the developer and operator of the first direct submarine cable between the New York metro area and Sao Paulo, Seabras-1, is establishing new gateways to Brazil
Statoil and partner Petoro have proven considerable additional resources in the Shetland Group/Lista Formation in the Gullfaks licence. The Shetland Group and the Lista Formation are younger and slightly shallower deposits with different properties compared to the deposits of the Brent Group where t
TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology, announced that its engineers have demonstrated record-breaking transpacific transmission using both 200Gb/s and 400Gb/s data channels. The results, presented at the recent post deadline session o
SOCO announces that following the agreement of the owner and operator of the Floating Production Storage and Operating (“FPSO”) vessel, and approval from the relevant Vietnamese authorities, the Hoang Long Joint Operating Company (“HLJOC”) has completed the first phase of a multi-stage test of the T
On Tuesday evening, an employee of a contractor working for transmission grid operator TenneT suffered a severe injury during work at sea on the HelWin1 offshore grid connection project. The employee’s life is not in danger. The responsible authorities have been informed about the accident. TenneT i
Noble Corporation announced that the Company has entered into two three-year term drilling contracts with Plains Exploration & Production Company for the Noble Sam Croft and the Noble Tom Madden, two of Noble’s new ultra-deepwater drillships currently under construction at the Hyundai Heavy Industri
Kvaerner has been selected to lead a Norwegian petroleum industry initiative with the objective to review competitiveness, competence and technology development for Norwegian offshore yards (Konkraft working group). Representing Kvaerner, Liv Monica Stubholt will lead the working group over the next
Balltec Ltd, Morecambe,UK, has been contracted by Houston Offshore to supply and install 10 off MoorLOK™ subsea mooring connectors for the Tubular Bells project, located in the Mississippi Canyon area of the Gulf of Mexico. The contract covers the manufacture of 10 off 15,000kN MoorLOK™ connectors f
Chatham Rock Phosphate’s mining licence application will be considered as a priority under the brand new Crown Minerals Act law, according to New Zealand Petroleum and Minerals. A letter to the company from NZP&M says the information CRP has provided regarding the mineral resource and its financial
The MacArtney Underwater Technology Group announced the entering of a distributors agreement with Cooper Interconnect, hereby adding BurtonTM subsea connectors, penetrators and accessories to the MacArtney range of underwater connectivity solutions. As an official distributor, MacArtney will keep a
