Shell to Scale Down Investment by $15 Bln

Royal Dutch Shell has announced it will reduce spending by more than $15 billion in the next three years due to ...

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PGS Drops Guidance, Postpones Vessels

Oslo-listed seismic player Petroleum Geo-Services (PGS) said today it expects lower earnings for this year and a ...

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Applied Acoustic Launches New Low Cost Release Beacon

A new, compact and lightweight acoustic release beacon has been launched by Applied Acoustic Engineering based in ...

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TTS Group Implements Cost Reduction Measures in Norway ...

TTS Group has decided to implement measures to reduce costs in Norway and Germany. Due to a weaker market than ...

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Cost Modelling Highlighted at Decommissioning Summit

Cost modelling – called “the difficult final lap” in offshore infrastructure management – will receive a heightened ...

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WFS Launches Seatooth WiPS to Reduce Cost and ...

WFS announces a new wireless solution comprising Seatooth® technology pre-integrated with subsea instrumentation in ...

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UK: ETI’s TEC Project to Reduce Cost of Tidal ...

A project by the Energy Technologies Institute to identify ways of providing a cost effective deployment of tidal ...

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UK: Scientists Prove Power Capture and Cost Benefit ...

Hydrodynamicists at Pelamis Wave Power have published a scientific paper that could have profound implications for ...

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UK: Offshore Wind Coordination to Reduce Cost of ...

Energy regulator Ofgem and the Department of Energy and Climate Change (DECC) have published a report showing how ...

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Belgium: Hydrex’s Ecospeed Provides Fouling ...

There is currently no hull coating available which will not foul. The only way to remove this fouling is by ...

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Australia: Ichthys Project Will Cost More than USD 30 ...

The huge Australian offshore gas project Ichthys will cost more than the anticipated total of $30 billion, the head ...

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European Supergrid to Provide Lower Costs for Offshore ...

  A European “supergrid” connecting the electricity network of Britain to those of mainland Europe could cut ...

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Maintenance of Two Submarines Cost USD 16.51 Million ...

  The cost of maintaining the country’s two submarines, KD Tunku Abdul Rahman and KD Tun Abdul Razak, by the ...

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YSI Demonstrates Cost Saving Technology at Ocean ...

  YSI, along with two of its divisions—SonTek/YSI and YSI Integrated Systems—will be demonstrating three ...

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