Block G PSC Co-Venturers Shell Malaysia, PETRONAS Carigali and ConocoPhillips Sabah Ltd. announced that they have taken Final Investment Decision to develop the deepwater Malikai oil field, some 100 km offshore Sabah, Malaysia. The field, located in waters up to 500 metres deep, is part of the Block
Chatham Rock Phosphate is appointing three new directors who will contribute valuable expertise and experience to the company in the run up to applying for a marine consent later this year and on-going financing of operations. They are senior Royal Boskalis executive Ko de Blaeij, marine mining entr
Antrim Energy Inc. (“Antrim” or the “Company”) Antrim Energy, an exploration and production company with interests offshore in the UK North Sea, Ireland and Tanzania, provided an operational update of its interests in the UK North Sea. Highlights: – Completion of water injector to increase productio
OSX, an offshore and shipbuilding company of the EBX Group, celebrated today one year of operations of its first offshore production unit, the FPSO OSX-1. The vessel produced OGX´s first oil in January 2012 and is operating at the Tubarão Azul field located in the shallow waters of Campos Basin (off
NSP Maritime Link Inc. (NSPML), an Emera Company and an affiliate of Nova Scotia Power, applied to the Nova Scotia Utility and Review Board (UARB) for approval of the Maritime Link Project at a capital cost of $1.52 billion. The Project is a 35 year investment equal to 20 percent of the total cost [
Prysmian Group, world leader in the energy and telecom cables and systems industry, will present its state-of-the-art range of products and services for the wind power industry at the 2013 edition of the European Wind Energy Association (EWEA) Annual Event, that will take place in Vienna (Austria) f
The Agency for Natural Resources and Energy (ANRE) will conduct the world’s first offshore production test to dissolve methane hydrate and extract natural gas off the coast of Japan, from Atsumi Peninsula to Shima Peninsula (Daini Atsumi Knoll). To conduct the offshore production test, the Deep Sea
The first LIEBHERR knuckle-boom-crane type “RL-K 7500 Subsea” has been tested successfully on Liebherr Rostock`s testbed on the 23rd of January 2013. The RL-K 7500 with knuckle boom and AHC for underwater handling is able to lift 260 tonnes above the water surface and handle loads down to a depth of
Cameron reported earnings per share for the fourth quarter of 2012 of $0.95 excluding charges. This compares to earnings per share for the fourth quarter of 2011 of $0.77 excluding charges. After-tax charges for the fourth quarter of 2012 were $0.07 per share. After-tax charges for the fourth quarte
Hyperdynamics Corporation announced the election of Ian Norbury as a member of its Board of Directors. Mr. Norbury is a Director of Hannon Westwood, a UK firm providing consultancy services for the oil and gas industry. With experience spanning exploration and development projects internationally, h
At 5000 m high, the Gorringe seamounts, located in the Atlantic, 300 km off the Portuguese shore, are on their way to becoming a new Marine Protected Area, following their nomination by the Portuguese government. Oceana, which has documented this area on several occasions, is thrilled with this anno
Alcatel-Lucent and América Móvil, S.A.B. de C.V. (“América Móvil”), the leading wireless services provider in Latin America, are actively constructing América Móvil 1, which will be the world’s first 17,500km submarine cable system specifically designed for 100Gigabit per second (100G) transmission.
Kathy Forrester has joined Hydroid, Inc., a Pocasset-based manufacturer of Autonomous Underwater Vehicles (AUVs), as Marketing Coordinator. Forrester will support Hydroid’s marketing efforts by assisting in the planning, development and execution of the company’s marketing plan, with the goals of in
Congressman Frank Pallone, Jr. (NJ-06) and Senator Frank Lautenberg (D-NJ) sent letters to President Obama to express their concerns regarding the Department of Interior’s (DOI) plan to begin seismic testing off the Atlantic coast. Seismic airgun testing brings the Atlantic coast closer to the risky