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Commercial Diving: Working Under Water

August 4, 2015

Virtually anywhere there’s water, there’s typically a need for commercial divers, whether it’s in oceans, rivers, lakes, containment ponds, or elsewhere. With more than 250 marine construction and contracting firms in the U.S. and about 350 diving contractors working overseas, it’s a far-flung and reaching field. The work is as varied as the waters of… Continue Reading »

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EU Regulators Suspend Review of Halliburton, Baker Hughes

August 4, 2015

European Union antitrust regulators have suspended their review of Halliburton Co’s $35 billion bid for oilfield services rival Baker Hughes Inc because the companies have failed to provide sufficient data. The European Commission, which had previously set an Aug. 27 deadline for its decision on the deal, will set a new deadline once it receives… Continue Reading »

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Technip Down on Restructure Charge

August 4, 2015

Paris-based subsea major Technip has slipped into the red in the second quarter as the company booked one-off restructuring charges on market adjusting plans, announced earlier in June. Namely, on July 6, Technip announced the launch of a restructuring plan with a total one-off charge of €650 million. Of this total, €570 million was booked in… Continue Reading »

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BG Group Posts 58% Earnings Slump, Increases Production

August 3, 2015

BG Group, soon to be part of Shell, revealed Friday a 58 percent earnings slump in the first half of 2015, compared to the same period last year. The company posted earnings of $994 million for the first six months of 2015, which marked a significant decrease to the group’s earnings of $2.36 billion posted… Continue Reading »

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Canada Govt to Enhance Marine Safety in Arctic

August 3, 2015

The Honourable Gail Shea, Minister of Fisheries and Oceans Canada, and the Honourable Leona Aglukkaq, Minister of the Environment and Minister of the Canadian Northern Economic Development Agency, announced that the Government of Canada is investing $22.7 million over five years on a cash basis to improve the safety of marine transportation in the Arctic…. Continue Reading »

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A LEGAL PERSPECTIVE ON TECHNICAL DIVING

August 3, 2015

Prepared by The Law Firm of Delise & Hall Attorneys at Law and Admiralty August, 1998 Historians will document the 1990′s as the dawning of the information age. Development of affordable computer hardware, sophisticated software and the evolution of the “information superhighway” provide the general public access to technology previously reserved for the military and… Continue Reading »

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JOIDES Resolution Begins Ocean Expedition Off Australia

August 3, 2015

JOIDES Resolution research vessel is preparing to take a group of international scientists on a two-month ocean expedition up the coast of Western Australia to drill deep into the seabed, on a mission to gain valuable insight into climate future. The $20 million International Ocean Discovery Program (IODP) Indonesian Throughflow Expedition 356, officially launched in… Continue Reading »

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Dives involving water flow among most hazardous, says expert

August 3, 2015

Diving at a tidal plant ‘one of the most hazardous types of diving you can do’ Steve Donovan was at home in the Ottawa Valley reading about theLuke Seabrook’s untimely diving death in Nova Scotia and it moved him to speak out. Donovan started professional diving in 1971 with the Canadian Navy as a combat… Continue Reading »

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Survey: OPEC Oil Output Hits New High In Market Share Push

August 3, 2015

OPEC oil output reached the highest monthly level in recent history in July, a Reuters survey found on Friday, as Saudi Arabia and other key members show no sign of wavering in their focus on defending market share instead of prices. The latest boost from the Organization of the Petroleum Exporting Countries adds to excess… Continue Reading »

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