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Titanic Damaged by Tourists, Salvagers, Expedition Finds

The Titanic has significantly deteriorated since its discovery in 1986, explorer Robert D. Ballard announced yesterday during a telephone press conference from a research ship above the wreck in the North Atlantic.


Return to the Titanic

Return to the Titanic, Watch the TV Premiere
Monday, June 7, 9 p.m. ET/PT


Ocean explorer returns to Titanic

MYSTIC, Connecticut (AP) ## The undersea explorer who found the wreck of the Titanic 19 years ago has returned to the North Atlantic site to find out why the luxury liner is decaying more quickly than expected.


More North Sea Buys on Cards - CNR

ginamc writes:  Canadian Natural Resources is adding to its British offshore interests following a deal with Italian oil company Eni.

The North American energy company's UK subsidiary has bought stakes in six producing fields in the central North Sea for an undisclosed sum believed to be less than £100million.

Eni is selling its operated interests in the B-Block (Balmoral, Stirling and Glamis fields) and T-Block (Tiffany, Toni and Thelma fields).


Crude Oil Up After Iraq Attack

For the moment, it appears there's no stopping crude oil prices.

Oil futures Monday were threatening to hit another new record high as supply worries were heightened after the head of Iraq's governing council was killed in a blast Monday.


Perry Slingsby Systems Opens New Offices

Perry Slingsby Systems Opens New Business Development and Engineering Support Offices in Houston and Aberdeen

In an ongoing effort to strategically position their business units, Perry Slingsby Systems - an entity of the Technip Group specialized in remote operated vehicles (ROV) - has opened two new offices in key offshore industry locations to better serve both their existing customers and their new clients.


Subsea 7 Announces Integrated Remote Technology Division

Global subsea contractor, Subsea 7 today announced the formation of a new business unit, Integrated Remote Technology (IRT), which will re-focus its ROV (Remotely Operated Vehicle), Remote Technology, Survey and DGPS (Differential Global Positioning Service) activities.


Spain to Remove Oil From Sunken Tanker

MADRID, Spain - Robots will begin boring holes into a sunken tanker in an attempt to recover millions of gallons of petroleum some 2 1/2 miles beneath the ocean, Spanish officials said Monday.


Subsea 7 launches spin-off

Global subsea contractor Subsea 7 has formed a new business unit - Integrated Remote Technology.


Another milestone for Sonsub Int. with succesful completion of Peciko

Singapore (April 2004) - Sonsub International Singapore announce the successful completion of a subsea pipeline removal project utilising the in-house built Diamond wire cutting module (DWCM) stationed at our Singapore facility. The DWCM is capable of cutting both concrete weight-coated as well as pipe-in-pipe steel pipelines from 8" to 36" in both a horizontal and vertical plane.

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