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5 TIPS TO BECOME AN UNDERWATER WELDER – WELDER TRAINING

December 18, 2014

Many welders nowadays are working in different companies with different jobs to do. They fix things that require strength and skills, which is very important in our community. But, do you know that it is easier for you to gain more money by becoming an underwater welder? For those people who want to become a… Continue Reading »

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Report: $930B in Future Oil, Gas Investments at Risk from Low Oil Prices

December 18, 2014

Future oil and gas investments of $930 billion could be at risk of cancellation due to low oil prices, according to analysts at Goldman Sachs. In its Top 400 analysis of the world’s largest new oil and gas fields, Goldman Sachs found that pre-sanction fields that are uneconomic at $70/barrel Brent crude represent 2.3 million… Continue Reading »

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Newly Discovered Form of Ice Could Store Energy ?

December 18, 2014

Scientists from the University of Göttingen and the Institut Laue Langevin in Grenoble have discovered a new form of ice. Ice XVI is the 17th discovered form of ice and the least dense of all known crystalline forms of water. It is predicted to be a stable low-temperature configuration of water at negative pressures and… Continue Reading »

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Repsol Agrees $8.3B Takeover Offer for Talisman

December 17, 2014

Repsol announced Tuesday that it has agreed an $8.3-billion takeover of Canada’s Talisman Energy that the Spanish company said would transform it into “one of the largest energy groups worldwide”. Repsol said the deal has been unanimously approved and recommended by both companies’ boards. Repsol’s rationale for the takeover is that it will increase its… Continue Reading »

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ABB, Hitachi Team Up on HVDC in Japan

December 17, 2014

ABB and Hitachi have agreed to form a joint venture for high voltage direct current (HVDC) system solutions in Japan. The new entity, to be based in Tokyo, will be responsible for the design, engineering, supply and after-sales services related to the DC system of HVDC projects bringing ABB’s latest technologies to the Japanese market where… Continue Reading »

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Technip’s Extension for ‘Viking Neptun’

December 17, 2014

Technip in Norway has today exercised their first option to extend the contract related to the newbuild Viking Neptun, owned by Eidesvik Offshore According to Reach Subsea and Eidesvik Offshore, the extension is from 110 to 180 days operations in 2015. As previously announced in November, the Eidesvik Offshore’s newbuild TBN Viking Neptun, will be… Continue Reading »

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Canada’s Encana To Raise 2015 Spending, Bucks Industry Trend

December 17, 2014

Encana Corp, Canada’s largest natural gas producer, said on Tuesday it will boost capital spending next year to focus on its profitable shale oil fields, bucking an industry-wide move to cut spending as oil prices tumble. The company said it would spend between $2.7 billion and $2.9 billion in 2015, up from its $2.5 billion… Continue Reading »

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NKT Nets ‘Race Bank’ Subsea Cable Deal

December 17, 2014

NKT Cables has been awarded the order for delivery of export cable systems to the Race Bank Offshore Wind farm by DONG Energy. The order is NKT Cables’ 11th large offshore wind farm project since 2010 where the company first started production of submarine cables. For NKT Cables, the order will have a contract value… Continue Reading »

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Aker Wins Mariner Hook-Up Engineering Contract

December 16, 2014

Norwegian oilfield services firm Aker Solution reported Monday that it has been awarded a GBP 120 million ($188 million) contract by Daewoo Shipbuilding and Marine Engineering (DSME) to provide engineering services for the hook-up phase of the Mariner oilfield development in the UK North Sea. At its peak offshore phase, the contract will secure as… Continue Reading »

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