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Ineos Plans $1 Billion Investment In UK Shale Gas

November 23, 2014

Swiss chemicals group Ineos announced on Thursday plans to invest $1 billion in shale gas exploration in Britain as efforts to emulate the U.S. shale boom ramp up. The potential investment, which is subject to the company winning all the government exploration and development licences it has bid for, could make Ineos one of Britain’s… Continue Reading »

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VIDEO: Search for MH370 Carries On

November 23, 2014

Over 6,900 square kilometres of the seafloor have been covered so far in the search for the lost Malaysia Airlines plane along with 239 people on board. In addition to locating the aircraft, the underwater search aims to map the MH370 debris field in order to identify and prioritise the recovery of specific aircraft components, including… Continue Reading »

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Technip introduces Deep Explorer diving support vessel

November 23, 2014

Technip has unveiled the name for its latest newbuild Diving Support Vessel (DSV), currently being built by Vard. The state-of-the-art vessel will be known as the ‘Deep Explorer’. The high-specification vessel will be equipped with the latest technology in terms of navigation (Dynamic Positioning class 3) and will feature a 24-man saturated dive system. With her… Continue Reading »

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Fugro’s Engineers Recognised with Two Awards

November 23, 2014

Two members of Fugro’s geoconsultancy team have won prestigious international awards. The one was recently presented in London, UK and the second in Regina, Canada. The first to receive good news was Dr Kokkuen Lee, Principal Engineer at Fugro Advanced Geomechanics (Fugro AG) who received the David Hislop Award from the Institution of Civil Engineers (ICE). His… Continue Reading »

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Taking the Plunge A Guide to Starting an Underwater Welding Career

November 23, 2014

A Special Report from the American Welding Society CryoGas International examines the many ways the industrial gas industry works with water. The demand for highly sophisticated underwater procedures and technologies is increasing, driven by deep sea oil and gas development and by marine infrastructure development and repair around the world. In this article the American… Continue Reading »

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Israel Must Improve ‘Erratic and Unclear’ Oil, Gas Regulations

November 23, 2014

The state of Israel still has to do a lot of work in order to improve “erratic and unclear” regulations if it is to produce stable conditions for the oil and gas industry to flourish. This was the key message that came out of Wednesday’s Universal Oil & Gas 2014 conference, which is being held at… Continue Reading »

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Gazprom, Petrovietnam Discuss Oil and Gas Cooperation

November 23, 2014

The Gazprom headquarters hosted a working meeting between Alexey Miller, Chairman of the Gazprom Management Committee and Nguyen Xuan Son, Chairman of the PetroVietnam Oil and Gas Group (PVN) Board of Directors. The parties addressed the future cooperation in the oil and gas sector. In particular, they touched upon the joint actions offshore Vietnam as well as within gas… Continue Reading »

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Bermuda Subsea, Carimin Team Up

November 22, 2014

Carimin Engineering has on November 19, 2014 entered into a collaboration agreement (COA) with Bermuda Subsea. Carimin Engineering has experience and expertise on HUC, topside facilities maintenance of oil and gas platforms while Bermuda Subsea has been predominantly focusing in underwater services for Remotely Operated Vehicle (ROV) and Diving Services. According to the release, Carimin… Continue Reading »

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Apache to Sell $1.4B in Non-Core US Assets

November 22, 2014

Apache Corp. will sell non-core oil and gas assets in southern Louisiana and the Anadarko Basin in two transactions valued at approximately $1.4 billion as the company focuses on growing its North American onshore liquids production. The Houston-based company will sell its working interest in approximately 90,000 net acres of mature fields in southern Louisiana…. Continue Reading »

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MacArtney in Longest Subsea Water Pipeline Project

November 22, 2014

MacArtney has provided the underwater connectivity solutions for various instrumentation systems mounted on the transnational water pipeline between Turkey and Cyprus, currently under construction. MacArtney has supplied SubConn® connectors to interconnect 145 cables of approximately 1000 metres length which will be attached to the water pipe. At 1000 metre intervals, MacArtney have built special interconnect ‘T’ assemblies… Continue Reading »

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