SEACOM and Main One, the only two privately funded and open-access based African submarine fibre optic cable systems, were awarded “Best Pan African Initiative” at the AfricaCom Awards 2011 ceremony held in Cape Town, South Africa, on Wednesday 9 November 2011. The award, which was also won by SEACO
RBG has launched its new ‘iBolt’ flange integrity management software that improves the safety, efficiency and cost-effectiveness of bolting operations. The easy to use, web-based system provides a complete auditable record of all activity carried out on flange management workscopes from topside to
The Lebanese offshore is optimistic about the prospect of its first license round, expected in Q1 2012. This summer, the Lebanese Ministry of Energy and Water held a dedicated forum to inform the industry of the process towards the round. New PGS MultiClient data is available in the area. The Lebane
Spectrum is set to commence acquisition of a new 2D Multi-Client seismic survey in early November 2011 which covers several areas in the northern equatorial margin offshore Brasil. The survey area includes sector blocks expected to be announced in the 11th license round in the second quarter of 2012
The Bureau of Safety and Environmental Enforcement (BSEE) issued a Safety Alert relating to the Macondo well blowout. The Safety Alert was distributed to oil and gas leaseholders and contractors working on the Outer Continental Shelf (OCS). It briefly summarizes the findings of the Joint Investigati
The Group reported a profit after tax of NOK 254 million in the third quarter of 2011 compared to NOK 344 million in the same period of 2010. The Group’s profit after tax for the first three quarters of 2011 was NOK 774 million. The corresponding figure for 2010 was NOK 1 630 million. The […]
An oil leak near Chevron’s Frade field off Brazil’s coast, which had temporarily halted work there, is from a natural seep on the seabed… (Reuters) [mappress] Source: Reuters, November 11, 2011
Deep Down, Inc. an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, reported $606 thousand of net income for the third quarter of 2011, an improvement of $5.0 million, or greater than 800 percent, over the same period in 2010
VideoRay LLC, the leading manufacturer of Inspection ROVs, and Teledyne RD Instruments, the leading manufacturer of acoustic Doppler navigation products, announce that collaborative efforts to integrate Teledyne RDI’s Doppler Velocity Log (DVL) on board VideoRay’s Pro 4 have proven successful. Throu
Airborne has been awarded a contract by Saipem SA for the engineering, fabrication & delivery of a 2500 meter downline for the Guara & Lula project. The 3 inch ID downline will be used at around 2200 meter water depth for the Pre-Commissioning of the Guara & Lula-NE Gasline Project. By winning this
Maritime New Zealand says that on Thursday 54 tonnes of heavy fuel oil had been pumped from a submerged tank on board the container ship Ren… (radionz) [mappress] Source: radionz, November 10, 2011; Image: Maritime New Zealand
FoundOcean has been appointed as an exclusive agent by IEV International Limited (now a wholly-owned subsidiary of IEV Holdings Limited, a company listed on Catalist of the Singapore Exchange) to market their revolutionary Marine Growth Prevention and Control products in European waters. Until now,
ShawCor Ltd. Announces Third Quarter 2011 Results. * Third quarter revenue of $271 million declined by 4% from the $283 million reported in the third quarter of 2010 but was marginally higher than the $265 million reported in the second quarter of 2011. * EBITDA in the third quarter was $12.5 millio
The U.S. Navy’s Naval Sea Systems Command has awarded General Dynamics Advanced Informational Systems a contract to design and build the Surface Mine Countermeasure Unmanned Underwater Vehicle (SMCM UUV) system. The system will initially be a part of the Littoral Combat Ship Mine Warfare mission pac
