New Tech for Deepsea Deposit Exploration
A research expedition leaving Southampton today, led by the National Oceanography Centre (NOC), will address the massive technical challenges in exploring for seafloor mineral deposits. This expedition will take place on board the RRS James Cook, marking a decade of service that has seen this ship travel 218972 miles in pursuit of science – the equivalent of circumnavigating the globe 10 times. Seafloor hot-springs, or hydrothermal vents…
Statoil BoD Selections Announced
In a meeting in the Corporate Assembly of Statoil ASA on 9 June 2015 Øystein Løseth was elected as new chair and Roy Franklin as a new member and deputy chair of Statoil's board of directors. Chair of the board Svein Rennemo and board member Jim Mulva had in advance informed the nomination committee that they did not wish to stand for re-election in 2015. Bjørn Tore Godal, Jakob Stausholm and Marjan Oudeman were re-elected as members of the board of directors.
Recommendation from Statoil's Nomination Committee
The nomination committee in Statoil has recommended that the company's corporate assembly elects Øystein Løseth as new chair and Roy Franklin as a new member and deputy chair of Statoil's board of directors. Furthermore, the nomination committee recommends a re-election of Bjørn Tore Godal, Jakob Stausholm and Marjan Oudeman as members of the board of directors. Chair of the board Svein Rennemo and board member Jim Mulva have informed the nomination committee that they do not wish to stand for re-election in 2015.
Sonardyne System to Monitor North Sea CO2 Leaks
Sonardyne International is taking part in a new Energy Technologies Institute (ETI) project within the Carbon Capture Storage (CCS) program to develop a Carbon Dioxide (CO2) marine and shallow subsurface monitoring system for underground CCS sites in the North Sea. The system will monitor for any CO2 leakage from saline aquifers and offshore storage sites such as oil and gas fields, both active and depleted. The development of…
Women Engineers Play Key Role in Submarine Races
MOre than 100 young people from 11 universities from six countries on three continents gather to take part in the European International Submarine Races. The event organizers are celebrating National Women in Engineering Day by highlighting the strength the involvement of women had in teams. “Twenty percent of the participants are women, and we celebrate the complete equality of roles in the teams,” says Race Director, Prof William Megill.
Floating Production
Douglas-Westwood forecast that between 2013 and 2017, $91bn will be spent on floating production systems (FPS) – an increase of 100% over the preceding five-year period. A total of 121 floating production units are forecast to be installed – a 37% increase. This growth is driven by multiple factors, such as a larger proportion of newbuilds and conversions compared to redeployments, a greater degree of local content which often results in a higher cost base and general offshore industry cost inflation.