cDiver

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US Proposes New Rules For Moving Crude Oil By Rail

July 24, 2014

The U.S. Department of Transportation on Wednesday proposed an overhaul of safety standards for transporting crude oil and ethanol by rail, after a number of explosive accidents over the past year. The draft rules, which are subject to a 60-day public comment period, propose new tank-car braking systems, train-speed restrictions, more testing for volatile gases… Continue Reading »

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North Sea Super Puma Crash: Lessons Learned

July 24, 2014

It has been 11 months since the Super Puma helicopter crash that killed four offshore workers travelling between a North Sea platform and the Shetland Islands. During that time, a number of measures have been taken by the UK Civil Aviation Authority, aircraft operators and the oil and gas industry itself designed to improve the… Continue Reading »

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UK Proposes New Tax Allowance for Ultra HP/HT Fields

July 24, 2014

The UK government published Wednesday a consultation on a new “cluster area allowance” to encourage investment in ultra-high pressure, high temperature oil and gas fields. The allowance would reduce the tax on a portion of a company’s profits from 62 percent to 30 percent. In a statement, HM Treasury said that the allowance was designed… Continue Reading »

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First Oil Flows from Bentara Field, Malaysia

July 24, 2014

PETRONAS announces that Bentara field in the Balai Cluster Risk Service Contract (RSC) area located offshore Sarawak, has achieved its first oil production on 25 May 2014. The field which is expected to produce more than 1,000 barrels of oil per day is being developed and operated by BC Petroleum Sdn Bhd. The Bentara field… Continue Reading »

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Ballast Nedam Completes Monopile Installation at Butendiek OWF

July 23, 2014

Ballast Nedam Offshore installed the 80th and last monopile at the Butendiek Offshore Wind Farm in the German sector of the North Sea. The installation of all these monopiles was completed well within four-month time. This exceptional achievement is entirely due to the efforts of a dedicated and professional team, working both at Ballast Nedam and… Continue Reading »

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Navy Invests in Wave Energy Test Site Off Marine Corps Base Hawaii

July 23, 2014

Work at the Wave Energy Test Site (WETS) located off Marine Corps Base Hawaii at Kāneʻohe has received an infusion of $9 million from the U.S. Navy. The funds, from the Naval Facilities Engineering Command (NAVFAC), are directed to the Applied Research Laboratory at the University of Hawai‘i (ARL/UH), working with UH Mānoa’s Hawaii Natural… Continue Reading »

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Hydroid to Sponsor AUV Hydrographic Bootcamp

July 23, 2014

Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of autonomous underwater vehicles (AUVs), announced that it will sponsor the AUV Hydrographic Bootcamp, taking place August 3 – 8, 2014 at the University of New Hampshire’s Judd Gregg Marine Science Complex in New Castle, NH. The symposium will focus on developing new methods… Continue Reading »

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MarineSpace Names New Technical Director

July 23, 2014

MarineSpace Ltd announces that Joseph Kidd has joined the team as Technical Director. Joe has over ten years experience working on a wide range of energy projects, and eight years working specifically in the offshore renewables energy industry. As the Project Development Manager at MCT Siemens for the last four years he has been at the… Continue Reading »

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Libya Oil Output Slips, Fresh Fighting In Tripoli

July 23, 2014

Libyan oil production has fallen, turning back a hard-won increase since April in revenue for the government facing increased fighting around the airport in the capital and in the eastern city of Benghazi. The El-Feel oilfield last week was forced to cut back due to events in Tripoli, where two rival brigades of militias have… Continue Reading »

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Syria Says Crisis Has Cost Its Oil Sector $23.5B

July 23, 2014

Syria’s oil sector has lost around $23.5 billion due to damage to facilities and pipelines, looting and production delays since the start of the country’s crisis in 2011 and output has fallen sharply, Syria’s oil minister said. Syria is not a significant oil producer and has not exported any crude since late 2011, when international… Continue Reading »

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