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SubC Imaging introduces LiquidOptics: Advanced water-correction
LiquidOptics features a research obtained 1:1 advanced water corrected optic specially developed by SubC Imaging, providing extended field of view, extremely low distortion and chromatic aberration.
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SURF contractor Ceona has fallen into administration, Ernst & Young (EY) informed today.
Stuart Gardner and Alan Hudson of EY were appointed Joint Administrators of Ceona Holding Limited and Ceona Crewing Limited and Alan Bloom, Alan Hudson and Colin Dempster of EY were appointed Joint Administrators of Ceona Investments Limited and Certain UK Group companies (the Group).
SubC Imaging is excited to reveal the latest result of its constant push for innovation and research – a suite of 4K equipment which dramatically increases inspection quality and effectiveness.
Britain's North Sea oil and gas sector has shed more than 5,000 salaried jobs since late last year, the country's new Oil and Gas Authority said on Monday, putting an official figure on job losses resulting from a year-long decline in oil prices.
North Sea oil companies have been particularly hard hit by the near 55 percent decline in Brent crude prices since June 2014, as they were already facing some of the industry's highest operating costs in one of the world's most mature basins.
Despite pruning jobs the subsea trenching firm said it was confident in winning offshore renewables work.
Further job losses are expected at the North East base of DeepOcean following continued slowdown in the oil and gas market.
The subsea engineering firm expects to shed up to 50 jobs in its offshore team, some of which are based out of its Darlington and Middlesbrough bases.
Maersk Oil, an oil and gas company owned by the A.P. Moller-Maersk Group, is cutting about 200 employees and will seek permission from Britain’s Oil and Gas Authority to close operations at its Janice installation. The Janice installation produces about 7,000 barrels per day from three UK North Sea oil fields. The staff cuts will affect permanent Maersk Oil employees as well as contractors.
Schlumberger, the world’s largest oilfield service company, and engineering company Cameron have announced a definitive merger agreement in which the companies will combine in a stock and cash transaction. The agreement was unanimously approved by the boards of directors of both companies.
The transaction combines two complementary technology portfolios into a “pore-to-pipeline” products and services offering to the global oil and gas industry. On a pro forma basis, the combined company had 2014 revenues of $59 billion.
TRONDHEIM, Norway – Det norske oljeselskap has brought online the second oil well at its Bøyla field in the Norwegian North Sea. It is tied back to the Alvheim FPSO via a 28-km (17.4-mi) pipeline. Bøyla is under development via subsea facilities comprising two horizontal producer wells and one water injector. The first producer came onstream – the second well initially flowed 18,000 b/d, but output from the two wells should eventually settle at around 20,000 b/d.