Liquid Robotics Adds Three to Strategic Advisory Board
luminaries to their Strategic Advisory Board (SAB). The new members will join the existing advisory board comprised of 18 industry experts across the defense, foreign affairs, communications/technology and science industries. The new advisors are: Admiral Timothy J. Keating, United States Navy (Ret.), former Commander of the United States Pacific Command whose mission was to preserve the security and stability of the Asia-Pacific region with an area of responsibility for over 3.4 billion people and half the surface of the earth. General Walter “Skip” Sharp
Seadrill to Raise Funds in Private Offering
of US$500 million of unsecured Senior Notes due 2020. Global offshore drilling contractors, Seadrill Limited, has announced the pricing of its previously announced offering of $500 million in aggregate principal amount of its 6.125% Senior Notes due 2020 in a private offering within the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended, and to certain other persons outside of the United States in reliance on Regulation S under the Securities Act. T Seadrill state that they intend to use the net proceeds of this offering
Shell Ocean Discovery XPRIZE Semifinalists Announced
field, a panel of independent expert judges chose the semi-finalist teams who will move forward into the first round of testing. Semi-finalist team leads hail from Canada, China, France, Germany, Ghana, India, Japan, New Zealand, Portugal, South Africa, Switzerland, the United Kingdom and the United States. Launched in 2015, the Ocean Discovery XPRIZE features groups including university teams of undergraduate and graduate students, non-profits, startups and professional scientists and engineers. “These semifinalist teams are on the cutting-edge, pushing the boundaries in
RigNet Appoint Molly McGuirk US Region Manager
RigNet, Inc., provider of managed remote communications to the oil and gas industry, makes management appointments. The company appoint Molly McGuirk as Region Manager, United States, & Mike Neugebauer as Director, Global Operations & QHSE. McGuirk, who has been serving as director – global operations & QHSE, will have profit-and-loss responsibility for RigNet's operations in the United States, both offshore and onshore, as well as for international operations in the Gulf of Mexico. She brings over 24 years of business experience to the role, including general manager for
Rising Seas to Displace Millions if Warming Unchecked
Millions of people in the United States could be forced to abandon their homes if planet-warming emissions continue unabated through 2100, pushing global sea levels up by more than 14 feet (4.2 metres), researchers said. In the United States, between 20 and 31 million people are living on land that would be submerged by rising oceans without aggressive cuts to greenhouse gas emissions, according to a study published on Monday in the Proceedings of the National Academy of Sciences. That scenario could occur if global average temperatures rise by 3.3 degrees Celsius (5.9 degrees
Mexico Puts Gulf Deepwater Oil Treaty with US into Effect
Mexico on Friday put into effect an agreement signed in 2012 with the United States to allow companies to exploit deep water oil resources in the Gulf of Mexico that straddle the countries' maritime boundaries. The deal, published in the government's gazette, lifts a moratorium on oil and gas exploration and production along the countries' maritime border in the Gulf and sets up a framework for companies to jointly develop any trans-boundary reservoirs. State-run energy company Pemex has lagged far behind the United States in developing deep water oil reserves, but an opening of the oil and gas
NOVATECH Locator Beacons Earn FCC Approval
MetOcean received FCC approval of the NOVATECH locator and recovery beacons by the United States Federal Communications Commission. FCC approval and the FCC marking is a certification mark employed on electronic products manufactured or sold in the United States which certifies that the electromagnetic interference from the device is under limits approved by the Federal Communications Commission. This makes the FCC label recognizable worldwide. NOVATECH beacons are the only asset locator and recovery beacon solution to receive the FCC recognized certification. The NOVATECH product line of
Ultrapetrol Close Sale of US$25-million Notes Issue
$225 million of its 8.875% First Preferred Ship Mortgage Notes due 2021, which are secured by the stock of certain of the Company's subsidiaries and by first preferred mortgages on vessels owned by certain of its subsidiaries. The Add-On Notes were sold at 104.5% in a private offering within the United States to qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"), and to certain other persons outside of the United States in reliance on Regulation S under the Securities Act. The gross proceeds of the offering totaled $26
Transocean Appoints Sjobring General Counsel, Senior VP
in Geneva, Switzerland. In the interim, Mr. Allen Katz will continue to serve as the company's Interim Senior Vice President and General Counsel. Mr. Sjöbring's qualifications include over 15 years of law practice in international settings, and he received his education in both Europe and the United States. Mr. Sjöbring has been serving as the Vice President Legal Affairs, General Counsel and Secretary of Autoliv, Inc., an automotive safety supplier, since 2007. Prior to joining Autoliv, Inc., from 2003 to 2007 Mr. Sjöbring was Senior Legal Counsel and subsequently Director Legal, M&
Wind Surpasses Hydro as Largest US Renewable Energy Source
Wind energy has surpassed hydropower as the biggest source of renewable electricity in the United States following the sector's second-biggest quarter ever for new installations, a wind industry trade group said on Thursday. Wind installations totaled 82,183 megawatts at the end of 2016, enough to power 24 million homes, the American Wind Energy Association said in its fourth-quarter market report. By comparison, U.S. hydroelectric capacity stands at about 80,000 megawatts, according to the federal Energy Information Administration. Wind installations soared to 6,478 MW in the fourth quarter
GAO: U.S. Can Do Better on Arctic Policy
need to make investments in infrastructure like icebreakers to maintain a strong presence in this increasingly important region. Our country has major commercial, environmental and security interests in the region and we should start prioritizing them,” Congressman Larsen said. “If the United States hopes to maintain its presence in the Arctic, it is time to get serious about the region. The GAO report clearly points out that there is much more we could be doing to protect our interests, both economic and security-related. I look forward to continuing to work with my colleagues to
Waste-water Treatment Firm Signs US Representation Agreements
Severn Trent De Nora sign agreements for distribution of marine & offshore water and wastewater treatment products in United States. The agreements are with Marine Systems Inc. (MSI) and AER Supply (AER) to serve as exclusive sales and promotional representatives for its electrolytic disinfection treatment technologies. MSI, a marine vessel operations support service company, will represent SANILEC® and SEACLOR® electrochlorination systems, the OMNIPURETM Series 55 and MARINER OMNIPURE® Series M55 sewage treatment systems in Louisiana, Virginia, Kentucky, Florida, Washington, Oregon
NOAA Establishes Marine Mammal Protection Criteria
Nations exporting fish and fish products to the United States will have to meet fishing standards for protecting marine mammals equal to those American fishermen follow, under a final rule published by NOAA Fisheries. U.S. trade partners will need to show that killing or injuring marine mammals incidental to fishing activities, or bycatch, in their export fisheries do not exceed U.S. standards. “Fishing gear entanglements or accidental catch is a global threat to marine mammal populations,” said Eileen Sobeck, assistant NOAA administrator for fisheries. “Establishing
Canada Embarks on Arctic Survey Mission
six-week expedition in the Arctic Ocean. On the voyage between Canada and Norway, the Canadian Hydrographic Service will undertake a seabed-mapping expedition under the Atlantic Ocean Research Alliance. This will be the fifth such expedition, which involves Canada, the European Union and the United States. After the Canada-Sweden expedition ends, Canadian researchers aboard the CCGS Louis S. St-Laurent will go on to collect data in the Canada Basin, in the western Arctic Ocean, as part of a collaboration with colleagues from the United States. “Securing international recognition
LNG Main Pass Energy Hub Needed
to LNG transport vessels for export to foreign locations. On January 4, 2013, the Department of Energy (DOE) authorized export of domestically produced LNG by vessel from the proposed MPEH™ Deepwater Port to any country that has or subsequently enters into a free trade agreement (FTA) with the United States. The approval allows export of up to 24 million tonnes of LNG per annum (3.2 bcf per day) for a 30-year term, beginning on the earlier of the date of first export or 8 years from the date the authorization is issued (January 4, 2021), pursuant to one or more long-term contracts with third parties
WWII Wrecks Found off North Carolina
. It is international custom to view the wreckage of land, sea, and air vehicles assumed or presumed to hold the remains of fallen soldiers as war graves. As such, they are under special protection and should, if possible, remain at their site and location to allow the dead to rest in peace.” United States policy on sunken state vessels, such as these, reaffirms sovereign government ownership of the wrecks, including German ownership of U-576. As stated in the 2001 Presidential Statement on United States Policy for the Protection of Sunken State Craft the wrecks are not considered abandoned nor
U.S. Shipbuilding: Sec. Stackley Headlines ASSA-Hosted Roundtable
Stackley, Assistant Secretary of the Navy, Research, Development & Acquisition (ASN RD&A). ASSA will discuss major issues affecting the entire shipbuilding supplier industry with Secretary Stackley. This members only meeting is collocated (but unaffiliated) with the United States Navy League Sea Air Space Expo 2013 at the Gaylord Hotel in National Harbor, Maryland. For information on attending the roundtable, E-mail: [email protected] ASSA is non-profit organization dedicated to voicing concerns of the shipbuilding supplier
EOD Orders $8m in Seabotix ROVs
Bolt Technology Corporation (Nasdaq:BOLT) announced that SeaBotix Inc., its San Diego based underwater robotics vehicle systems unit, received orders totaling in excess of $8,000,000 from the Explosive Ordinance Disposal (EOD) groups of the United States Navy. The robotic vehicles are scheduled to be shipped prior to March 31, 2014.
