Duterte to Open Airwaves, Energy and Power Sectors
Philippine President Rodrigo Duterte on Wednesday said he would open numerous economic sectors to foreign investors and move against protectionism. Speaking in New Zealand after a Asia-Pacific summit in Peru, Duterte said he had decided it was time to speed up the "entry of new players" into energy, power and information and communications technology sectors, as well as freeing up the airwaves. Investors in the Philippines, one of the world's fastest- growing economies…
MODEC Connects Offshore Fleet with O3b/RigNet
O3b Networks, technology solutions company RigNet and floating production service provider MODEC, entered an agreement to provide high-throughput, low latency connectivity for MODEC’s Floating Production Storage and Offloading (FPSO) vessels off the coast of Brazil. RigNet will integrate the O3b satellite network solution, enabling MODEC to deliver operational decisions in real-time through advanced collaborative environments. Experts at onshore monitoring centers can now work directly with offshore operators…
OneSubsea to supply production systems for Zohr offshore Egypt
OneSubsea, a Schlumberger company, has been awarded an engineering, procurement and construction contract totaling more than $170 million from Belayim Petroleum Company (Petrobel). OneSubsea will supply the subsea production systems for the first stage of the Zohr gas field, located in the Shorouk Concession, offshore Egypt. “Zohr is one of the largest gas fields discovered in the Mediterranean Sea to date, and is also the world’s second longest step-out, a distance greater than 150 km.
Harris CapRock Connectivity Assists Oceaneering ROV Ops
Technology from Harris CapRock Communications is enabling Oceaneering International, Inc. to remotely pilot and automatically control its NEXXUS remotely operated vehicle ROV. Harris CapRock is providing satellite bandwidth and service to operate the ROV, which enables the pilot to execute assignments ranging from simple video monitoring to highly complex vessel inspection tasks. The satellite link enables Oceaneering to pilot the ROV from offshore, from another vessel, or from an onshore command center.
ISN Targets UKCS Growth
ISN has acquired Aberdeen IT consultancy, Virtual Stream, for an undisclosed sum. The specialist information and communications technology (ICT) services firm, headquartered in London, is enhancing its oil and gas expertise and presence by establishing an operation in the heart of Aberdeen, through this acquisition. ISN works with oil and gas companies at every stage of their asset or business maturity, and delivers high performance ICT solutions and services that power companies from head office to well site…
AAE-1 Cable System Comes into Force
The AAE-1 Consortium, owners of the Asia-Africa-Europe-1 submarine cable spanning approximately 25,000 km connecting Asia, Middle East, Africa and Europe; and TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology, today announced that the contract for the majority of segments of the AAE-1 system has come into force. AAE-1 will link Asia, the Middle East, Africa and Europe with low latency, high capacity transmission.
MTN Appoints Venegas GM, Oil and Gas
MTN Communications (MTN) announces Santos Venegas has joined the company as general manager for its Oil and Gas Division. This appointment further solidifies MTN’s position in the market as a pioneer in communications technology spanning across various market segments. A 35-year industry veteran and respected consultant, Santos most recently served as managing director for Latin America at Harris CapRock. Prior to that role, he was director of Corporate Development.
LISCR Welcomes Liberian Legislation
The Advisory Board of the Liberian International Ship & Corporate Registry (LISCR), at its inaugural meeting, held in conjunction with the Annual Conference of the Connecticut Maritime Association, in Stamford, Conn., has set a positive agenda designed to drive forward the Liberian Registry's goal of achieving excellence in standards of quality and service. In his address to the CMA's lunch, Board chairman Rex Harrington reported…
