Enormous amounts of rare earth deposits were discovered about 1,243 miles southeast of Tokyo. Japanese researchers that made the discovery announced that the amount is enough to supply Japan with minerals for 230 years, Upi.com reports. The group headed by University of Tokyo Professor Yasuhiro Kato
As a response to China’s growing deep sea mining industry, India announces plans to invest into the development of their mining industry over the period of five years, Hindustantimes.com reports. The minister of state for science and technology Ashwini Kumar stated: “We will like our presence felt i
This week VOSCF, a joint venture between Sovcomflot and Van Oord, successfully installed a Gravity Based Structure (GBS) for the offshore platform Berkut in the Arkutun Dagi field offshore Sakhalin Island. The GBS was designed and constructed by Kvaerner in the Russian mainland port of Vostochny in
Subsea 7 S.A. announced today that its Chief Financial Officer (CFO), Simon Crowe will leave the Group to pursue other interests with effect from the end of July. Simon will be succeeded by Ricardo Rosa who will take up the position of CFO for Subsea 7 SA on 9th July 2012. Ricardo Rosa was until [&h
WGP announced that it has completed the fifteenth Life of Field Seismic (“LoFS”) survey over the Valhall field in the North Sea for BP. This is the fourth LoFS at Valhall to be carried out using the Group’s Portable Modular Source System (PMSS™). As per previous surveys, the PMSSTM was mobilised ont
According to Radio New Zaeland News, survey is being conducted off the coast of Otago. A governmant research vessel is inspecting the seabed in preparation for oil and gas exploration. National Institute of Water and Atmospheric Research vessel Tangaroa is expected to cover about 25,000 square kilom
Channel Technologies Group (CTG) has named Ret. Vice Adm. John J. Donnelly, Ret. Rear Adm. Nevin P. Carr and Ret. Rear Adm. Winford (Jerry) Ellis to the company’s first Strategic Advisory Board (Board). The Board will help CTG expand its leadership position in the underwater technology industry thro
The Underwater Inspection System (UIS™) from CodaOctopus has been the subject of evaluation by the United States Coast Guard Research and Development Center (USCG) for some time. Assessment with U.S. Coast Guard R&D The USCG has a number of UIS™ systems and has worked with CodaOctopus in developing
PLN, the state-owned electricity company is planning to install underwater cables to distribute electricity from Bali to Nusa Lembongan Island, The Jakarta Post reports. The Lembongan underwater cable installation would provide an additional 20 megawatts (MW) of electricity to the island. The cables
The Philippine Air Force received assistance from the United States in quest for the trainer plane that crashed off Mariveles, Bataan, Globalnation Inquirer reports. Air Force spokesman Colonel Miguel Ernesto Okol stated: “That is a welcome development for us. Any help from an allied force such as t
Aberdeen-based subsea installation contractor Bibby Offshore is to move into a new purpose-built HQ as the business continues to grow. The company has outgrown its current offices at Waterloo Quay and is moving to accommodate an increase in staff numbers and services as it expands operations both in
Valve engineering specialist Severn Glocon Group announced that it has acquired LB Bentley Ltd for an undisclosed sum as it seeks to diversify its offering and make inroads to the subsea market. LB Bentley designs and manufactures small bore subsea valves for the global oil and gas industry, as well
TIME dotCom Berhad has entered into a construction and maintenance agreement of the Asia Pacific Gateway (APG) submarine cable system connecting Malaysia to Korea and Japan. As part of the Group’s global bandwidth business strategy, TIME’s wholly owned subsidiaries and global bandwidth business arms
Hallin Marine, a Superior Energy Services company, announces the signing of a long term strategic alliance agreement with Romona Inc. for projects throughout the Russian Federation. The agreement, signed at Romona’s Sakhalin headquarters on 16 May, brings together the strength of Hallin’s offshore s
