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Expro Recognized for Well Intervention Technology
International oilfield services company Expro has won the Offshore Achievement Innovator Award in recognition of its ground-breaking AX-S subsea well intervention technology. The Innovator Award, which was presented at a ceremony in Aberdeen on 15 March, recognizes excellence in innovative technological solutions developed in the UK for the offshore energy sector. “Subsea and deepwater well intervention are increasingly important…
Metso Improving Offshore Energy Safety
Metso introduces new solutions for improved safety in upstream offshore industry. New stainless steel version of Metso's intelligent safety valve controller Neles ValvGuard offers market leading pneumatics capacity, extensive safety valve testing capabilities and enhanced online condition monitoring features resulting in improved safety and availability at offshore platforms. To complement its Smart Product offering for offshore customers Metso has released stainless steel versions…
Shipbuilder Observes Market Turndown, Turns Profit
Annual financial statement showed Fincantieri closed last year's accounts with approximately euro 2.4 billion in annual revenues, of which more than 80% for the export market, and over euro 1.8 billion in new orders acquired during the year. After two years of significant non-recurring expenses, the 2011 financial year is closing with a net profit of more than euro 10 million, EBITDA of euro 138 million and a net surplus of euro 166 million in cash over debt (net financial position)…
EIVA and AML Oceanographic Sign Cooperation Agreement
EIVA and AML Oceanographic (formerly Applied Microsystems) have signed a distributor agreement with the aim of EIVA reselling the AML Oceanographic product line.
Tidewater Provides Update on Sonatide Joint Venture
Tidewater Inc. announced today the following update with respect to its negotiations with Sonangol, the national oil company of Angola, regarding Sonatide, the joint…
China to Accelerate Offshore Energy Search
China plans to accelerate geological exploration and survey work for oil and natural gas to ease its rising reliance on energy imports, according to the Ministry of Land and Resources, which intends to draw up strategies to achieve breakthroughs in exploration, energy efficiency and replacements for oil and gas. The ultimate goal is to cut China's expanding dependency on foreign oil and to guarantee energy security.
Tidewater PSV Named For New Orleans Native Cindy Brown
Platform supply vessel Cindy Brown Tide was delivered to offshore-service giant Tidewater on Oct. 24, and chartered to oil company BP in the Gulf of Mexico. The boat's namesake is someone missed by many. "The vessel was named for Cynthia Niklaus Brown, a wonderful woman who passed away in late 2009 in Houston after being diagnosed with cancer," said Joseph Badeaux, general manager and vice president at Houma, La.-based Quality Shipyards, a subsidiary of Tidewater.
BSEE, NOAA Enhance Response Mapping
BSEE and NOAA to complete Arctic oil spill response mapping tool. The Bureau of Safety and Environmental Enforcement (BSEE) and the National Oceanic and Atmospheric Administration (NOAA) announced today they are partnering to enhance the Environmental Response Management Application (ERMA®) for the Arctic region by summer 2012. ERMA® is the same interactive online mapping tool used by federal responders during the Deepwater Horizon oil spill.
TM Master for Subsea 7
Tero Marine announced Subsea 7, the result of the combination of Acergy and Subsea 7, has chosen to standardise their Fleet Management System by implementing TM…
MTN Names Olivier President, CEO
MTN Satellite Communications (MTN) said that Errol Olivier was appointed President and CEO. Olivier most recently served as the company’s President and COO. Olivier…
BOEM Completes Draft Environmental Review
Public Hearings scheduled for Central and Western Gulf of Mexico Lease Sales. The Bureau of Ocean Energy Management has completed a draft environmental impact statement…
Milbank Leads in $692 Million Drillship Deal
Milbank Represents Group of International Lenders in $692 Million Financing for New Deep Sea Drilling Ship Purchased by Brazil’s Schahin Group. Black Diamond 1 to…
Western GOM Lease Sale Attracts Bids of $337 Million
The Department of the Interior’s Bureau of Ocean Energy Management announced that its Western Gulf of Mexico Oil and Gas Lease Sale 218, held today in New Orleans…
Gulf Firms Moving Cargo, Staff To Distant Rigs
More than a decade ago, deepwater oil production in the Gulf of Mexico surpassed shallow water output for the first time ever. These days, rigs are found hundreds of miles offshore. Companies need to get equipment, employees, fuel and mud to those sites economically and usually on a tight schedule. Gulf marine companies are trying to meet those requirements by increasing the speed, size and energy efficiency of their vessels--though not necessarily all at once.
Incat Crowther Launches Monohull Crew Boats
Incat Crowther has launched two 30m monohull crew boats by Veecraft Marine in South Africa. Perez and Deborah are the first Incat Crowther-designed vessels to be built by Veecraft, and mark a fast-growing relationship between the yard and designer. Incat Crowther has developed a strong relationship with Veecraft Marine, and is pleased to be working with an accomplished shipyard in South Africa. The relationship not only gives Incat Crowther a presence in Africa…
H2O Names Dixon Project Manager
H2O, Inc., a leading water system equipment provider, has named David N. Dixon Project Manager, announced H2O President Jess Fike. Based in Lafayette, La., Dixon’s responsibilities include project management and scheduling for complex engineering, procurement and construction (EPC) projects; as well as overseeing day-to-day activities. He will also be tasked with guiding new product development efforts.
Acquisition Boosts RINA Development Services
Acquisition strongly boosts RINA offshore and port development services. By taking control of the D’Appolonia Group, a global engineering consultancy, international classification society RINA has increased its group turnover by almost 50 per cent and significantly strengthened its expertise and range of services in the offshore and port development fields. Says Ugo Salerno, CEO, RINA, “By bringing…
Bentley Acquires FormSys
Bentley Systems acquired FormSys, based in Perth, Australia. This software development company has a proven, 20-year track record in 3D design, analysis, and construction…
BSEE Director Bromwich Addresses IADC Conference
Bureau of Safety and Environmental Enforcement (BSEE) Director Michael R. Bromwich delivered remarks today during the International Association of Drilling Contractors’…
BSEE Holds Workshop on Deepwater O&G Ops
The Bureau of Safety and Environmental Enforcement’s (BSEE) concluded a two-day workshop that brought together experts from the oil and gas industry, and drilling…
