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AUV NEWS

Saft has developed a range of Ag-Zn, primary lithium and Li-ion cells

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.

Saft has started development on medium to low rate applications (pure electric vehicles), with particular emphasis on. Oceanography research vehicles' need for multi-kWh capacity. Saft's UUV solutions are appropriate to this application.

Saft also proposes non-rechargeable and rechargeable batteries for the other equipment equipment in the related infrastructure, such as emergency and security systems and UPS equipment.

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Source: Saft
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GENERAL NEWS

Benthos Announces Fourth Quarter and Fiscal 2003 Results

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.

SCIENCE & TECH NEWS

Oil rigs help biologists unlock mystery of ocean life

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."

INSPECTION NEWS (Topside)

Gasoline pipeline inspection failed to find flaw, avert leak

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...

SCIENCE & TECH NEWS

US mission lands safely on Mars

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.


The images confirm the
rover is in working order

OFFSHORE NEWS

Petronas-Shell JV finds gas fields off Malaysia

A 50:50 joint venture between Malaysia's national company Petronas and Shell Malaysia Exploration, CS Mutiara Petroleum...

GENERAL NEWS

Time capsule from the deep revealed Jan 2 2004

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.

GENERAL NEWS

Russia to raise sunken nuke sub

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.

CONTRACT AWARDS

Fugro Awarded Tmpc; Annual Pipeline Inspection Surveys For 2004 And 2006

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.

ONSHORE NEWS

More info on Fugro's Aquisition of Thales

Acquisition of Thales GeoSolutions strengthens Fugro’s position as a global player in the oil and gas services industry Fugro N.V. announces that it has reached agreement with Thales S.A. to acquire its subsidiary Thales GeoSolutions for EUR 147.5 million. The acquisition is effective as of today (19 November 2003). It is expected that the acquisition will be earnings enhancing to Fugro as of 2004.

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