Technology News


Cenovus to Develop Telephone Lake Oil Sands

Nov 16, 2014

Cenovus Energy Inc , Canada's No.2 independent oil producer, said on Friday it has received regulatory approval for its Telephone Lake oil sands project, a facility that could eventually produce more than 300,000 barrels of oil per day.The…

American Sensor Technologies Achieves ATEX Certification

Nov 14, 2014

American Sensor Technologies, Inc. (AST) has achieved ATEX certification of its Explosion Proof Pressure Transmitters for Class I Zone 0 Exd hazardous locations. The added approvals enhance the ability for equipment manufacturers to specify…

Otto Marine 3Q2014 Earnings at $2 mi

Nov 14, 2014

* Group revenue increased by 16.8% to US$ 96.8 million for 3Q2014, higher revenue across all the three business segments * Offshore Chartering, as the major revenue and profit generator, registered higher profit even as overall market…

GE Opens Global R&D Center in Brazil

Nov 14, 2014

*  Working with Petrobras and BG Group to develop advanced technologies for oil and gas processing on the seabed*  GE’s Brazil Technology Center to focus on subsea oil and gas research, capitalizing on $1.2 trillion offshore market opportunity…

Conrad 3Q 2014 Net Slips

Nov 14, 2014

Conrad Industries, Inc.announced today its third quarter and nine months 2014 results and backlog.For the quarter ended September 30, 2014, Conrad had net income of $4.5 million and earnings per diluted share of $0.74 compared to net income of $6…

Baumann Relieves Matthews as SUPSALV Director

Nov 13, 2014

Capt. Gregg Baumann assumed command from Capt. Mark Matthews as the Director of Ocean Engineering, Supervisor of Salvage and Diving (SUPSALV), Naval Sea Systems Command announced.  Baumann reports to SUPSALV after serving as program manager for the International Fleet Support Program Office…

US Approval for Wärtsilä's BWM System

Nov 12, 2014

The United States Coast Guard (USCG) has granted Alternate Management System (AMS) acceptance for Wärtsilä's Aquarius EC Ballast Water Management System (BWMS). This allows all US and foreign flag ships fitted with this system to operate…

SERS Partners IEMS for Enhanced Oil Spill Response Services

Nov 12, 2014

Dubai-based Swire Emergency Response Services (SERS), a fully owned subsidiary of Swire Pacific Offshore group, announced its partnership with Mediterranean-based International Environmental and Marine Services (IEMS) to jointly provide Tier 2/3 response services to clients in Europe…

PaR Systems Awarded Thales UK Contract

Nov 11, 2014

PaR Systems, Inc. has been awarded a contract by Thales UK to design, test and supply Lithium-Ion Battery Charging and Storage Systems for installation on the Queen Elizabeth Class Aircraft Carriers. The charging and storage system will incorporate COMFIRE…

Efficient Coordination of Mega-ship Calls at Hamburg Port

Nov 11, 2014

The number of ultra large vessels calling at the Port of Hamburg has been on the increase for years. This is resulting in some major challenges for the port operators, shipping companies and authorities. With the introduction of the Nautical Terminal Coordination (NTK)…

BP's New Core Flood Robot EOR Techniques

Nov 11, 2014

BP announced today that it is now operating the world’s first robotic coreflooding system. The Core Flood Robot is the most recent addition to BP’s programme of enhanced oil recovery (EOR) research facilities.Coreflooding is one of the most…

Multiclient Seismic Data Offshore Mozambique Available from Schlumberger

Nov 11, 2014

Schlumberger announced today the availability of its multiclient seismic survey offshore Mozambique. The Schlumberger multiclient seismic data offered in collaboration with the National Petroleum Institute of Mozambique (INP) includes reprocessed 2D lines and newly acquired seismic data…

Caterpillar's Rich Moore to Speak at Goldman Sachs 2014

Nov 11, 2014

Caterpillar Inc. Director of Investor Relations Rich Moore will speak at the Goldman Sachs 2014 Industrials Conference on Thursday, November 13. He is scheduled to speak at 11:20 a.m. Eastern Time. No presentation materials will be available…

Cairn Makes Second Senegal Find

Nov 11, 2014

Cairn has made a discovery of high quality oil in the second well in the Senegal exploration programme.The SNE-1 well is located in 1,100 metres (m) water depth and approximately 100 kilometres (km) offshore in the Sangomar Offshore block with a target depth of ~3…

USCG Warns on Hull Magnet Modifications

Nov 10, 2014

This alert raises awareness as to the importance of not modifying equipment or components from their intended design or operation.  Recently, a State Pilot suffered a concussion as he was boarding a vessel via its pilot ladder.  The primary…

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