Wave energy developer Carnegie Wave Energy Limited announces a new report from Australia’s national science agency highlighting the significant role that wave energy can play in Australia’s future energy mix. The study, carried out by the CSIRO (Commonwealth Scientific and Industrial Research Organi
Statoil’s second quarter 2012 net operating income was NOK 62.0 billion, a 2% increase compared to NOK 61.0 billion in the second quarter of 2011. “Statoil continues to deliver good financial results and strong cash generation. We increased oil and gas production by 17% in the second quarter compare
Installation of the PNG LNG Project’s 407-kilometre offshore pipeline is complete, after the two sections of pipe were recently connected. This major milestone was performed by the Castoro 10 Shallow Water Lay Barge. The pipeline was laid in two sections over eight months, using two vessels, one sta
Aker Solutions’ subsidiary Aker Oilfield Services has received a contract from Total E&P Angola for providing subsea intervention services from the oil services company’s purpose-built intervention vessel, Skandi Aker. The agreement marks a breakthrough for vessel-based intervention services in deep
GEOSHIPS Group, a marine and subsea services provider, has completed charter party negotiations with Singapore based Teras Offshore, for a new Offshore Deck Cargo Vessel, resulting in the planned recruitment of a further 40 offshore staff. Formed in 2003, Westhill-based GEOSHIPS will operate, manage
Thirty-two teams of high school and college engineering students have put underwater robots through their paces in gladiator-themed missions at the 15th International RoboSub Competition, July 17-22, in San Diego. Co-sponsored by the Office of Naval Research (ONR) and the Association for Unmanned Ve
FMC Technologies, Inc. reported second quarter 2012 revenue of $1.5 billion, up 22 percent from the prior-year quarter. Diluted earnings per share were $0.46 compared to $0.39 in the prior-year quarter. Total inbound orders were $1.4 billion and included $878.2 million in Subsea Technologies orders.
Providence Resources P.l.c., the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), provides a resource update on the Barryroe oil field in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Barryroe on behalf of its p
Shell announces today that it has signed two offshore oil and gas Production Sharing Contracts (PSCs) with CNOOC, and a PSC amendment with CNPC for a new development phase for the Changbei gas field in China. Shell has also entered an agreement with CNOOC for its participation in two Shell explorati
Scientists from Florida Keys National Marine Sanctuary and partner agencies will depart Key West Thursday aboard the… [mappress] Source: NOAA , July 25, 2012; Image: NOAA
MMT is surveying the area in which a prized 16th century warship was recently discovered. MMT’s M/V Askholmen & Triad are currently being used to support further research and investigation of this historical wreck which lies 70m below the surface of the Baltic Sea. In 1564, Swedish warship Mars met
ShawCor Ltd. yesterday announced its pipecoating division. Bredero Shaw, has received contracts with a value in excess of US$40 million from the Consortium between Dragados Offshore and Swiber Offshore Construction and from Tubacero S.A. de C.V. to provide pipeline coatings and related products and
The Bureau of Safety and Environmental Enforcement (BSEE) yesterday initiated the first ever drill designed to deploy critical pieces of state-of-the-art well control equipment to the ultra-deep seabed of the Gulf of Mexico in an effort to exercise the oil and gas industry’s response to a potential
Subsea connector specialist, First Subsea Ltd has appointed John Shaw as managing director. Previously First Subsea’s global operations director, he will be responsible for the on-going development and growth of the company’s ball and taper connector business in the oil and gas and renewable energy
