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Contract Awards: Oceaneering Awarded Key Umbilical Contract
Posted by admin on Tuesday, January 06, 2004 @ 15:36:53 GMT (705 reads) |
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 Oceaneering International, Inc. (NYSE:OII) announced that Oceaneering Multiflex has been awarded a
contract with a value in excess of $11 million by Santos Ltd (NASDAQ:STOSY) to provide thermoplastic umbilical for the
Exeter and Mutineer fields offshore Western Australia. The development of these fields will be Santos’ first offshore
project as an operator.
The order is for six lengths of thermoplastic umbilical, totaling over 34 kilometers or 21 miles, to be delivered in the
third quarter of 2004. The development concept for the Exeter and Mutineer fields is to have three lengths of umbilical
for each field to be connected to an innovative combination of up to 14 down hole and mudline pumps.
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Contract Awards: Stolt Wins Ormen Lange Gas Pipeline Project
Posted by ginamc on Tuesday, January 06, 2004 @ 03:51:38 GMT (604 reads) |
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 STOLT Offshore has bagged a contract worth some $280million from the Ormen Lange consortium led by Norsk Hydro
for installation of a section of the Ormen Lange gas pipeline.
The company is tasked with installing 540km of 44in-diameter pipeline that will transport gas produced from Norway's
Ormen Lange field in block 6305/4-1 of the Norwegian Sea via the North Sea Sleipner gas export hub to Easington in the
UK
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General: Outlook Bright for Oil & Gas Industry
Posted by admin on Monday, January 05, 2004 @ 06:11:50 GMT (631 reads) |
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ginamc writes "The oil and gas industry's outlook in 2004 looks positive, say energy analyst Andrew Reid and partner in
merger and acquisitions Alec Carstairs, both of the oil and gas centre of excellence at Ernst & Young in Aberdeen.
Throughout 2003, sustained high oil prices have generated healthy returns for the operating community,
stimulating increased merger and acquisition activity for new independent exploration and production companies keen to
gain a share of the UK's vast oil and gas reserves."
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Onshore News: Stolt buys time to reorganise its finances
Posted by admin on Monday, January 05, 2004 @ 06:06:55 GMT (708 reads) |
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ginamc writes "Stolt Offshore said yesterday it had been granted an extension to the waiver of banking covenants while it
discusses a long-term deal with lenders.
The offshore contractor has been plagued by financial problems in recent years, with losses surging from just £4million in
2001. At the end of November the company reported anticipated losses for 2003 of up to £261million, reflecting project
deficits, asset writedowns, restructuring charges and weaker revenues.
That was more than treble the figure expected in June this year when Stolt said it expected to cut losses in the full year
to £76.5million.
Stolt - which employs about 1,000 people in the North Sea, including 450 at Bucksburn, Aberdeen - specialises in
technologically sophisticated deepwater engineering, flowline and pipeline laying, construction, inspection and
maintenance services.
Its banking covenants have been extended until April 30.
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Source: Press & Journal
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Oil & Gas Discovery: Dana unveils African Oil and Gas discovery
Posted by admin on Monday, January 05, 2004 @ 06:02:06 GMT (758 reads) |
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ginamc writes "Dana Petroleum said yesterday it had discovered "significant hydrocarbons" in the Pelican-1 exploration
well in block seven offshore Mauritania, west Africa.
The Aberdeen-based company said the well found both oil and gas, but the principal find was gas - either an independent
gas field or a gas-cap overlying an oil field.
Detailed analysis of all the information obtained is now required to determine the significance of the discovery.
Pelican-1 is the first well to be drilled in block seven, which covers a vast licence area approximately the size of 60
North Sea blocks. It is said to be a key data point which gives considerable encouragement for the future exploration of
the northern Mauritania region.
Chief executive Tom Cross said the company's technical team would begin a comprehensive analysis of the Pelican-1 well
data. The findings, along with continuing work to assess prospects in blocks one and eight, will enable decisions on
further drilling to be taken.
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Source: Press & Journal
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"
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Onshore News: Stenmar goes into receivership
Posted by admin on Monday, January 05, 2004 @ 05:44:53 GMT (1097 reads) |
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The
Aberdeen company behind a new £2.5million tourist attraction at Fort William has called in the receivers - only four
months after the doors opened.
About 30 jobs were created when the Ocean Frontier centre was opened on the shores of Loch Linnhe at the end of August by
Liberal Democrat leader Charles Kennedy.
It was built by subsea group Stenmar, which already ran the Underwater Centre commercial diving school in Fort William.
Joint receiver Blair Nimmo, of KPMG, said yesterday that Stenmar had gone into receivership because of factors including
cost overruns and delays in completing the construction of Ocean Frontier.
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Onshore News: Benthos Announces Fourth Quarter and Fiscal 2003 Results
Posted by admin on Monday, January 05, 2004 @ 02:00:25 GMT (685 reads) |
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| BENTHOS, INC. (NASDAQ: BTHS) today reported financial results for the fourth quarter and the
fiscal year ended September 30, 2003. Net sales for the quarter were $3,847,000, an increase of 17.5% over sales of
$3,275,000 in the fourth quarter of the previous fiscal year. Net income for the quarter was $822,000, or $0.59 per
diluted share, compared to a net loss of $3,292,000, or ($2.32) per share, in the fourth quarter of fiscal 2002. Net
income for the fourth quarter of fiscal 2003 includes a pre-tax gain of $2,208,000, realized as a result of the Company's
sale of some of its real estate holdings in North Falmouth.
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 From his office in downtown New Orleans, Dan Allen can see to the bottom of the ocean.
Allen, a marine biologist with Chevron Texaco, studies the ocean's depths using images from the remote-controlled
vehicles that fix oil pipelines and wells on the sea floor as well as the eyes of hundreds of workers manning offshore
platforms.
Allen Walker / Special to the Chronicle
Fish school around a platform in the Gulf of Mexico.
"We just recently discovered a very large shark in the Gulf of Mexico in about 10,000 feet of water. It was the first
ever observed in the Gulf," Allen said. "We want to get feedback from people offshore as to what they are seeing when
and where."
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Inspection: Gasoline pipeline inspection failed to find flaw, avert leak
Posted by ginamc on Sunday, January 04, 2004 @ 06:24:08 GMT (1427 reads) |
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An inspection completed a month before Kinder Morgan's Tucson-to-Phoenix pipeline burst indicated
no structural defects in the line but faulted the company for inadequate corrosion control, operations and maintenance
procedures.
The inspection of Kinder Morgan Energy Partners' Arizona gasoline pipelines and storage facilities was conducted from
June 16 to 27 by...
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A Nasa space probe has sent back its
first images of Mars within hours of arriving on the planet.
The Spirit rover survived the perilous plunge through the Martian atmosphere after a seven-month voyage from
Earth.
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The images confirm the
rover
is in working order |
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Oil & Gas Discovery: Petronas-Shell JV finds gas fields off Malaysia
Posted by ginamc on Sunday, January 04, 2004 @ 05:50:52 GMT (2711 reads) |
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| A 50:50 joint venture between Malaysia's national company Petronas and Shell Malaysia Exploration, CS Mutiara
Petroleum...
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General: Time capsule from the deep revealed Jan 2 2004
Posted by Rons_ROV_Links on Saturday, January 03, 2004 @ 16:48:29 GMT (466 reads) |
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THE inside of an historic submarine, which sank off the North Wales coast, has been seen for the
first time in more than 120 years.
Retired marine archaeologist Mike Bowyer has dived to the Resurgam to put a camera inside.
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General: Russia to raise sunken nuke sub
Posted by Rons_ROV_Links on Saturday, January 03, 2004 @ 16:47:46 GMT (775 reads) |
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MOSCOW (Reuters) - Russia will raise a sunken nuclear submarine from the floor of the Barents Sea to clear an Arctic sea
lane and busy fishing area, Interfax has reported.
The Russian news agency on Friday quoted an unidentified official at
navy headquarters as saying the sunken sub would be raised in 2005.
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Contract Awards: Fugro Awarded Tmpc; Annual Pipeline Inspection Surveys For 2004
And 2006
Posted by admin on Saturday, January 03, 2004 @ 07:19:35 GMT (684 reads) |
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| Fugro has been awarded the contract to provide Pipeline Inspection Survey Services
to Trans Mediterranean Pipeline Company Ltd. (TMPC) for Yr2004 and Yr2006. The project consists of inspecting 760km
(encompassing five (5) pipelines) between Sicily and Tunisia.
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| Thursday, May 30, 2013 | | · | OGUK Welcomes European Directive for Offshore Safety and Environment | | Wednesday, May 29, 2013 | | · | Acteon gears up for expansion with new Singapore service centre | | Tuesday, May 28, 2013 | | · | Key Promotions as SAAB Seaeye grows | | Friday, May 24, 2013 | | · | FMC Technologies Receives Subsea Equipment Order for ExxonMobil's Julia Developm | | Thursday, May 23, 2013 | | · | Technip Awarded Two Subsea Contracts in Canada | | Wednesday, May 22, 2013 | | · | FMC Receives $26 Million Subsea Equipment Order | | Tuesday, May 21, 2013 | | · | Total Recognised by Peers for Its Deep Offshore Expertise | | Monday, May 20, 2013 | | · | Subsea 7 S.A - New Build Heavy Construction Vessel To Join Subsea 7 Fleet | | Friday, May 17, 2013 | | · | The Deep Energy, Technip’s New State-Of-The-Art Pipelay Vessel | | Thursday, May 16, 2013 | | · | FMC Technologies To Be Recognised at OTC with Two Spotlight on New Technology Aw | | Wednesday, May 15, 2013 | | · | Technip awarded subsea contract for the Gullfaks field in Norway | | Tuesday, May 14, 2013 | | · | New build Heavy Construction Vessel to join Subsea 7 fleet | | · | Technip awarded a contract for Norne field in Norway | | · | The Deep Energy, Technip’s new pipelay vessel | | Monday, May 13, 2013 | | · | FMC Technologies Awarded Subsea Services Contract Extension by Island Offshore | | Friday, May 10, 2013 | | · | New Online System Aims to Further Enhance Oil and Gas Transactions | | Thursday, May 09, 2013 | | · | Ivoire-1X Exploration Well on Block CI-100 Encountered a Horizon with High-Quali | | Wednesday, May 08, 2013 | | · | Technip Awarded Contract for the P-76 FPSO in Brazil | | Monday, May 06, 2013 | | · | Saab Seaeye Opens US Office | | Saturday, May 04, 2013 | | · | Energy Secretary to Speak on Delivering Successful Oil and Gas Industry at London Briefing |
Older Articles |
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Saft has developed a range of Ag-Zn, primary lithium and Li-ion cells for
demanding applications in the hostile subsea environment, where safety and
reliability are crucial to the success of scientific scientific and industrial
missions.