Shell U.K. Limited confirmed the oil leak in a flow line to Gannet Alpha platform is under control. The subsea well was shut in on Wednesday and the flowline on the seabed is now isolated and depressurized. Leakage of oil has been considerably reduced. “Shell takes all spills seriously, regardless o
Swiber Holdings Limited (“Swiber” or together with its subsidiaries, the “Group”), a world class integrated construction and support services provider to the offshore industry, is winning new projects and beefing up its orderbook in quick successions. The Group announced today that it has secured th
STX OSV Holdings Limited (“STX OSV” or “the Company” and together with its subsidiaries, the “Group”), a major global designer and shipbuilder of offshore and specialized vessels headquartered in Norway, announces its results for the second quarter (“2Q 2011”) and first half ended 30 June 2011 (“1H
Aberdeen-based specialist subsea service company DOF Subsea UK, a subsidiary of DOF ASA, has secured a contract with Tullow Oil to provide… (subseauk) [mappress] Source: subseauk, August 12, 2011;
Underwater Cable Project in Thousand Island Administration Regency keep conducted by Jakarta Provincial Government. It is targeted that unde… (beritajakarta) [mappress] Source: beritajakarta, August 12, 2011;
Nautilus Minerals Inc has become the first private sector organisation to be granted offshore exploration licences in Fiji. The Fijian Government has granted the company 14 special prospecting licences, covering a total of approximately 60,000 km2. The territory is considered highly prospective, hav
Skippers were yesterday warned to watch out for a runaway mini submarine that could be roaming the North Sea at high speed… (dailyrecord) [mappress] Source: dailyrecord, August 12, 2011;
Bahamas Petroleum, the oil and gas exploration company with offshore license permits in The Commonwealth of The Bahamas, announces that Dr Paul Crevello, Chief Executive Officer, has resigned with immediate effect for personal reasons. Following this resignation, Alan Burns, Non-Executive Chairman a
WAVE energy projects are gaining a groundswell of interest, with locally designed technology starting to deliver stable power to the grid… (smh) [mappress] Source: smh, August 12, 2011;
Allseas’ Solitaire, the world’s largest pipelay vessel, has completed work on Line 2 of the Nord Stream natural gas pipeline through the Baltic Sea ahead of schedule. The vessel laid 342.5 kilometres of each of the twin pipelines in the Gulf of Finland. “The Solitaire has lived up to all our expecta
Solstad Offshore ASA (SOFF) have signed a Letter of Intent (LOI) with Subsea 7 for hire of SOFF’s offshore construction and support vessel (CSV) “Normand Oceanic”. The agreement is for a firm charter period of 3 years with 3 x 1 year option. Commencement is currently expected to be April 2012. The c
Deep Down, Inc. an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, today reported $156 thousand of net income before equity in joint venture operations for the second quarter of 2011, an improvement of $648 thousand, or 132
Imagine an underwater system of robots and cameras that monitors every movement of the seafloor, even deep-sea earthquakes, in real time… (nwcn) [mappress] Source: nwcn, August 12, 2011;
Kvaerner today announced second quarter 2011 results. “We are delivering a robust second quarter despite the loss on the Blind Faith project and a loss provision on the Longview project”, says Jan Arve Haugan, President & CEO of Kvaerner. Operating revenues in the second quarter amounted to NOK 3 9
