INPEX CORPORATION announces that through its subsidiary, Teikoku Oil (North America) Co., Ltd., it has agreed to acquire a 7.2% participating interest in the Lucius project which includes portions of Keathley Canyon blocks 874, 875, 918 and 919 in the deepwater of the U.S.Gulf of Mexico, from a subs
Viper Subsea has received praise from the UK Government for breaking into the Brazilian market. Trade and Investment Minister Lord Green applauded Viper Subsea for securing a contract to supply equipment for a deep-water development in the Santos Basin. Viper Subsea’s Santos Basin deal was announced
Aker Solutions’ operating revenues were NOK 11.9 billion in the second quarter and NOK 21.7 billion for the first six months of 2012. The latter is 33 per cent higher that the same period in 2011. Earnings before interest, tax, depreciation and amortisation (EBITDA), excluding non-recurring items, a
The Inter-M Pulse, a mooring monitoring system developed by InterMoor, an Acteon company, has been nominated for an Offshore Norway (ONS) Innovation Award. The revolutionary system is the first to electronically monitor the inclination and tension of mooring lines. Robust, purpose-built sensors have
Parker Hannifin Corporation, the global leader in motion and control technologies, has been awarded a contract by Northwind NV (formerly Eldepasco NV), a joint venture of the Colruyt Group and Aspiravi NV of Belgium. The scope of the agreement is for supply of infield array cables, cable accessories
Lundin Petroleum AB announced that its wholly owned subsidiary Lundin Norway AS (Lundin Norway) has commenced the drilling of well 7220/10-1 in PL533 on the Salina prospect (formerly referred to as Pulk) in the Barents Sea. The well is located 54 km to the south west and on geological trend with the
The U.S. Navy achieved successful open-water validation dives July 2012 on MK 16 MOD 1 Underwater Breathing Apparatus’ (UBA) electronic circuitry to extend service life into the next decade for a world-class unique diving rig capable of extreme depths in open sea water. Naval Surface Warfare Center
August 10th, 2012 DeepOcean AS (“DeepOcean”), a subsidiary of DeepOcean Group, has been awarded a significant call-off under the current long-term frame agreement for offshore survey services for Statoil. In general the frame agreement includes services covering light construction services, ROV surv
International mechanical engineering group, EnerMech, has signed a joint venture agreement with Saudi based Shoaibi Group to form EnerMech Saudi Arabia Limited (EnerMech S.A. Ltd). Based in Al Khobar, Saudi Arabia, EnerMech S.A. Ltd will provided crane, hydraulics, valves, process, pipelines and umb
Leading international oilfield services company Expro has been awarded a contract for work in the North Sea using its ground-breaking AX-S subsea well intervention system. Expro AX-S Technology Ltd has signed a multi-million dollar contract with BG Group to intervene on two wells in late 2012 as wel
A new well control incident study reveals significant gaps between causes in investigation reports and the viewpoints cited by professionals in interviews. The industry should, among other things, investigate more well control incidents and implement more technical measures. While the results from t
Modus Seabed Intervention has secured a major contract on EDF Energy Renewables prestigious Teesside Offshore Wind Farm. Main contractor Van Oord’s appointment of Darlington-based Modus, to provide trenching and survey services on this high profile North Sea project, is an acknowledgement of the reg
A team of federal and university scientists on a 10-day expedition in the Gulf of Mexico has discovered Lophelia coral growing deeper… [mappress] Source: NOAA, August 13, 2012; Image: NOAA
Due to constant breakdowns of the internet cable in Kenya, the Uganda government is planning on building an alternative route for the undersea cable via Mutukula in Tanzania. According to independent.co.ug, the Director for Technical Services at National Information Technology Authority Uganda (NITA
