Tocardo International, the leading producer of free-flow turbines, has commenced the manufacture of six free-flow water turbines for installation in Nepal and Japan. This follows the partnership agreements announced in March to supply 8MW of bi-directional turbine power over a three-year period to J
Dolphin Geophysical using its High Capacity 3D vessel, the Polar Duke is acquiring a new, long offset high resolution Multi-Client 3D seismic survey in the Levantine Basin offshore Lebanon. This project is in cooperation with Spectrum who has an exclusive contract with the Ministry of Energy and Wat
Energy Minister Fergus Ewing invited applications for funding from a £10 million fund to support innovation in the Oil and Gas sector. Increasing investment in the Oil and Gas sector was a key component of the Scottish Government’s Oil and Gas strategy, developed in conjunction with industry and pub
Aker Solutions has been selected as the management contractor for Brunei Shell Petroleum Co Sdn Bhd’s (BSP) offshore construction and maintenance services. The contract runs for five years and has an estimated value of over NOK 2.3 billion. As the management contractor Aker Solutions will be respons
IOS InterMoor AS, an Acteon company, has signed a framework agreement with ExxonMobil Exploration & Production Norway AS to provide engineering services and equipment offshore Norway. The contract will run for five years with the option of three one-year extensions. The contract work scope includes
Today Snam and Fluxys have closed the transaction to acquire E.ON’s stake in Interconnector UK, owner and operator of the subsea gas pipeline between the UK and Belgium. The acquisition is a new step forward in the joint approach of Fluxys and Snam to actively promote further integration of gas mark
Companies looking to store polluting carbon under the sea will have to pay more for tougher seabed screening, after geologists discovered a three-kilometre long fracture near Norway’s pioneering subsea carbon storage project in the North Sea. Storing carbon under the sea is part of Britain’s ambitio
UTEC has announced the appointment of Sean Halpin as Global AUV Manager and US Geophysical Manager. A graduate of the esteemed Maine Maritime Academy, Sean began working with hydrographic survey equipment at the age of 18. After university, he worked with a US defense contractor which held contracts
Signing of an intergovernmental agreement between Italy, Greece and Albania for construction of the Trans-Adriatic Pipeline (TAP) gas project is expected this Friday in New York, Italian government source said on Wednesday, Reuters reports. Namely, the representatives of the three countries will be
Lloyd’s Register has established a world-class Group Technology Centre (GTC) in Singapore to deliver innovation and solutions to the energy and maritime sectors. It has also reached an agreement with the Agency for Science, Technology and Research (A*STAR) to collaborate on R&D projects as a key par
Alexey Miller, Chairman of the Gazprom Management Committee and Kurt Bock, Chairman of the Board of Executive Directors of BASF held a working meeting at the Gazprom headquarters. Different aspects of cooperation in the oil and gas sector were addressed in the course of negotiations. The parties hav
McDermott International, Inc. announced that William H. Schumann, III has been appointed to its Board of Directors, effective September 24, 2012. Mr. Schumann will also serve on the Company’s Audit and Governance Committees. Mr. Schumann retired from FMC Technologies, Inc., a leading provider of sub
Bahamas Petroleum Company, the oil and gas exploration company with licences in The Commonwealth of the Bahamas, announced its interim results for the six months ended 30 June 2012. Highlights: Letter received from The Government of the Bahamas (the “Government”) regarding licence compliance, confir
The largest navy base in Australia is about to become a home for the world’s first demonstration wave energy project, writes Science Network Western Australia. Namely, Australian Department of Defence and Carnegie Wave Energy Limited have signed an agreement for Perth Wave Energy Project on Garden I
