Nautilus Minerals Inc. announces the release of its audited consolidated financial statements for the year ended December 31, 2012, together with Management’s Discussion and Analysis. “It has been a challenging year”, said Nautilus Mineral’s interim CEO, Mike Johnston. “The decision made by the Boar
As one of the world’s largest providers of products and services to the energy industry, Halliburton relies on well-maintained equipment to ensure a leading edge in the market. Experienced operators working offshore in West Africa depend on the cost-effective technology delivered by Halliburton’s ma
General cargo vessel Nikolay Bauman sunk on March 06 near the Danube Delta, Sea News Turkey reports. The ship was loaded with 2,700 tons of gypsum, and was en route from Turkey to Ukraine, when it probably suffered water ingress which was the main reason for its sinking to 17 meters of water depth.
Punj Lloyd Group, a leading engineering, procurement and construction (EPC) conglomerate, yesterday, March 14, announced receiving an offshore project in Al ‐ Khafji, Saudi Arabia from Al Khafji Joint Operations. The project, worth Rs. 314 crores (USD 57.75 million), is scheduled for commissioning i
Statoil secures rig for high impact opportunities supporting the company’s ambition for international growth. Statoil has signed a three year contract for the Stena Carron drillship for exploration drilling in the pre-salt blocks (Blocks 38 and 39) in the Kwanza basin in Angola. The agreement being
The Prysmian Group will participate as Gold Sponsor to the 3rd Smart Grids, Smart Cities Forum, which will be held in Nice, France on March 20 and 21. The conference will bring together experts from both public and private sectors to discuss the initiatives, successful implementations and the future
Secretary of the Interior Ken Salazar announced that Shell’s long line of problems and accidents during the summer of 2012 “have raised serious questions regarding its ability to operate safely and responsibly in the challenging and unpredictable conditions offshore Alaska.” Yet, the Department of I
Oceanlinx unveiled the highly optimised blueWAVE design that is a smaller, lighter and a cheaper wave energy solution for deep water applications. Oceanlinx’s continued development and expertise in the wave energy sector has allowed the company to further improve the blueWAVE design to ensure even b
West Cornwall MP Andrew George congratulated the Government on its support for the marine renewable sector but urged Ministers to step up support for wave energy, including the West Cornwall Wave Hub located off the North Coast of his constituency. In the Commons this morning Mr George asked Green E
Tap Oil Limited announces that it has executed a USD $50 million field development facility for the Manora Oil Development in Thailand and a AUD $20 million corporate facility, both with the Commonwealth Bank of Australia. The USD $50 million field development facility will be used solely to fund th
In the event that took place in Las Palmas de Gran Canaria during the 8-10th of March 2013, Simone Meme and Jose Luis Roger, as representatives of Langlee, gave a quick overview of Langlee to the attendees and media in the event. Mr. Roger stated: “The marine energy in the Canaries is a high energy
Marine Instrumentation Limited (MIL) in conjunction with NOC Liverpool (NOCL), Marine Revolution and Liquid Robotics have completed the first successful PAMBuoy™ on water trials. PAMBuoy™ and the NOCL glider completed a diamond shaped course. Throughout this time PAMBuoy™ sent telemetry to Liquid Ro
The Secretary-General of the International Seabed Authority, Mr Nii A. Odunton says the level of interest in deep seabed mining has increased rapidly and significantly after decades of being ‘on hold’. Speaking at a media event in London on Thursday, 14 March for the launch of UK Seabed Resources Lt
Aker Solutions has signed a contract with ExxonMobil for the supply of subsea umbilicals for the Erha North phase 2 development in Nigeria. The Erha North Phase 2 development is an extension of the existing Erha subsea system and infrastructure located approximately 97 kilometres offshore Nigeria in
