News Archive for Subsea News

Expro shortlisted for major subsea business awards

Thursday, Jan 31, 2008

International oilfield service company Expro has been shortlisted in the prestigious Subsea UK Business Awards for 2008.

Expro has been selected in the organization’s Subsea Company of the Year category. The honor represents a major milestone in Expro’s recently implemented Excellence in Operations program.

The awards aim to recognize excellence and achievement across the rapidly expanding subsea sector and feature categories for individuals as well as small and large companies.

Expro has put in place a three-year program of excellence in operations, focusing on safety, service quality and customer care, with the clear aim of being recognized as the industry leader in delivering operational excellence to its customers.

The outstanding work, achievement and innovation in the subsea sector will be celebrated at an awards dinner in February. The Subsea 08 Conference“ A View to the Future“ will be held on February 13 at the AECC and the Subsea 08 Exhibition will welcome visitors on February 14, also at the AECC.

“These awards are an opportunity for the subsea profession to recognize those high-flying organizations and individuals who have shown flair, creativity and vision in subsea, Subsea UK chief executive David Pridden said.

The sector is full of talented professionals with the ability and desire to take the industry into a new era, both in terms of technology and performance. We are delighted with the diverse range of companies and individuals on this year’s shortlist and look forward to announcing the winners.

For more Subsea and Expro Subsea press releases got to

Subsea UK Business Awards 2008 shortlist unveiled

Wednesday, Jan 30, 2008

The shortlist for the subsea industry’s prestigious awards has been revealed.

A total of 10 companies, chosen from a wide and varied group of nominations received from organisations around the UK, are in the running for the Subsea UK Business Awards 2008.

The awards aim to recognise excellence and achievement across the rapidly expanding subsea sector and feature categories for individuals as well as small and large organisations. The categories are Best Young Subsea Personality, Subsea Company of the Year and Best New Subsea Business. An award will also be presented to the individual who has made the greatest contribution to the subsea industry in 2007.

Recognition of the outstanding work, achievement and innovation in the sector will be celebrated at the awards dinner on February 13th.  The Subsea 08 Conference – A View to the Future – will be held on February 13th at the AECC and the sell out Subsea 08 Exhibition, Europe’s largest Subsea showcase, will welcome visitors on February 14th, also at the AECC.

The shortlisted entrants are:

Best Young Subsea Personality:

Acergy – Peter Moore

Brinker Technology – Klaire Evans

Fugro – Adele Morrison

Subsea Company of the Year:


Expro North Sea Ltd


Best Newcomer to the Subsea Industry:

Bibby Offshore Ltd

Brinker Technology

Optical Metrology Services Ltd

Greatest Individual Contribution to the Subsea Industry:

BP – Dave Turner

National Hyperbaric Centre – David Smith  

Technip – Rob Fisher

Subsea UK chief executive David Pridden said: “These awards are an opportunity for the subsea profession to recognise those high-flying organisations and individuals who have shown flair, creativity and vision in subsea.

“The sector is full of talented professionals with the ability and desire to take the industry into a new era, both in terms of technology and performance. We are delighted with the diverse range of companies and individuals on this year’s shortlist and look forward to announcing the winners.”

For more Subsea and Subsea UK press releases got to

Deepocean has received a Letter of Intent from StatoilHydro for delivery of Subsea IMR Services using the newbuild Edda Flora

Thursday, Jan 31, 2008

DeepOcean ASA (”DeepOcean”) (OSE: DEEP) has received a letter of intent from StatoilHydro for delivery of Subsea Inspection, Maintenance and Repair (IMR) Services using the newbuild vessel Edda Flora to be delivered from Karmsund Maritime in April/May this year. The new contract will commence in May 2008 and continue until December 2011 with further 3 years optional periods.

Edda Flora will be outfitted with DeepOcean owned equipment, including two Work class ROVs, one Observation class ROV and a module handling tower for subsea lifting operations. Edda Flora shall perform subsea inspections, ROV operations, remote lifting operations on the seabed, light subsea construction work, scale squeeze and pumping operations and ready for operation (RFO) work.

For DeepOcean this contract will employ approximately 70 people both onshore and offshore. The contract value exceeds NOK 800 million for the firm period.

In a comment to this award, Kåre Johannes Lie, CEO of DeepOcean says: “This is an excellent day for DeepOcean and a real recognition of our staff and organization, demonstrating that StatoilHydro has confidence in what we are doing within the IMR segment.”

For more DeepOcean press releases got to

Horizon signs wind turbine agreement with GE Energy

Thursday, Jan 31, 2008

Horizon Wind Energy, LLC has signed wind turbine supply and service agreements with GE Energy for future U.S. projects. GE will supply Horizon with 201 1.5-megawatt (MW) wind turbines, to be shipped during 2010. Under a separate, two-year agreement, GE will provide operations support, parts and maintenance for those units.

The new agreements with Horizon follow the October 2007 announcement of a global frame agreement between GE and Horizon’s parent company, EDP, for the supply of 500 MW of wind turbines for 2008 and 2009 projects in the United States and Europe. In addition to its relationship with GE Energy, Horizon is receiving a $300 million equity investment from GE Energy Financial Services in four of its wind farms. The investment will go to a 600-MW portfolio of wind farms in Oregon, Minnesota, Illinois and Texas.

“The new agreements with Horizon are further evidence that the wind industry continues to embrace our 1.5-MW wind turbine technology and support services. We have provided more than 7,700 of these machines for projects worldwide,” said Victor Abate, VP of renewables for GE Energy.

For more GE Energy and Horizon press releases got to

Ericsson first to demonstrate LTE in both FDD and TDD modes on the same base station platform

Thursday, Jan 31, 2008

Ericsson (NASDAQ: ERIC) today announced that it had demonstrated for the first time Long Term Evolution (LTE) in both Frequency Division Duplex (FDD) and Time Division Duplex (TDD) mode on the same base station platform.  LTE is the only technology that can use the same platform for both paired and unpaired spectrum, thereby enabling large economies of scale for operators.

Ericsson’s LTE TDD mode demonstration encompassed a variety of applications and showcased speeds over 90Mbps in the downlink with 2×2 MIMO (Multiple Input Multiple Output). Ericsson has previously demonstrated LTE in FDD mode several times with speeds of up to 160Mbps.

Mobile broadband is rapidly growing, and LTE offers a superior user experience. It will enhance more demanding applications like mobile video, blogging, advanced games, rich multimedia telephony and professional services. It also interoperates with existing cellular systems.

LTE is the next evolution in mobile network standards defined by 3GPP (Third Generation Partnership Project) and supports operations in both the paired spectrum and unpaired spectrum. It enables efficient spectrum utilization for both legacy and future wireless frequency bands. Channel bandwidths of 1.4-20MHz are supported. The wide industry support for LTE ensures economies of scale, providing cost-efficient solutions.

Ulf Ewaldsson, Vice President and Head of Product Area Radio at Ericsson, says: “We have now demonstrated that LTE can be used in both paired (FDD) and unpaired spectrum (TDD) on the same base station platform. This means that operators with only unpaired spectrum also can plan for LTE and benefit from the optimal global LTE solutions.”

With its latest achievement in LTE TDD/FDD, Ericsson is continuing to drive important global research in this area. At the same time TDD continues to play an international role, featuring in markets such as China, where Ericsson has initiated a cooperation with the Chinese company Datang Group.

Today more than 90 percent of all mobile spectrum is paired and less than 10 percent is unpaired. Operators are now able to get access to a healthy ecosystem regardless of the duplex mode.

On January 17, 2008, 3GPP confirmed that the LTE Terrestrial Radio Access Network technology specifications have been approved and are now under change control, leading to their inclusion in the forthcoming 3GPP Release 8.

Ericsson is shaping the future of Mobile and Broadband Internet communications through its continuous technology leadership. Providing innovative solutions in more than 140 countries, Ericsson is helping to create the most powerful communication companies in the world.



Ericsson Media Relations

Phone: +46 8 719 69 92


For more Ericsson press releases got to

Sipchem plans to raise US$533.3 million for expansion project

Thursday, Jan 31, 2008

Saudi International Petrochemicals Co. (Sipchem) plans to finance expansion plans million by selling stocks to its shareholders. Sipchem wants to raise US$533.3 by selling 133.33 million new shares at 15 riyals each. The issue will help finance an acetyl complex, future expansion projects and general company costs.
The issue would raise Sipchem’s paid-up capital by 66.7% to 3.33 billion riyals and generate a surplus of about 667 million riyals. The subscription period will be February 2-13.
Sipchem started developing the acetyl complex in 2005. The project targets annual production capacities of 340,000 tons of carbon monoxide, 400,000 tons of acetic acid and 330,000 tons vinyl acetate. The plant is expected to start production in Q1-09.

For more Sipchem press releases got to

Eni to bid for oil license in Russia’s Krasnoyarsk

Thursday, Jan 31, 2008

Italy’s Eni SpA (E) is seeking to participate in an auction for an oil license in Russia’s Krasnoyarsk region in Siberia, the Kommersant daily reported Wednesday, citing a regional official.

The field in question – the Olemchinsky deposit – contains 43 million tons of oil and 121 billion cubic meters of natural gas.

Eni increased its presence in Russia last year when it bought gas assets belonging to now-defunct OAO Yukos.

For more Eni press releases go to

Shell to develop 19 subsea wells deepwater fields offshore Malaysia

Thursday, Jan 31, 2008

Sabah Shell Petroleum Company will be operator of the development, which will employ the region’s first deepwater Floating Production System (FPS), with a processing capacity of 150,000 barrels of oil per day.  The field, which is in waters up to 1,300 metres deep in blocks J and K, will be developed using 19 subsea wells with oil exported via a pipeline to a new oil and gas terminal, which will be built in Kimanis, Sabah.

The Gumusut and Kakap fields were combined into a single development under a Unitisation and Unit Operating Agreement signed by the co-venturers in 2006. Shell and ConocoPhillips Sabah Ltd each hold 33% interests in the development, PETRONAS Carigali  has 20% and Murphy 14%.

For more Shell press releases got to

GE Oil & Gas signs frame agreements with StatoilHydro valued at more than US$300 million

Thursday, Jan 31, 2008

GE Oil & Gas has secured two frame agreements with a total value of more than $300 million to supply compression equipment and services to StatoilHydro, a leading global energy group based in Norway.

The contracts cover the delivery of complete gas turbine and electric motor driven compressor sets, compressor revamp bundles, commissioning, capital and operational spares for high-pressure, gas re-injection applications, and services and maintenance activities of new and existing machines.

In 2005, GE successfully completed tests on the highest-pressure sour gas re-injection train ever built, which is scheduled for installation in the Kashagan oil field of the North Caspian Sea. “Those tests validated the unparalleled capability of our compressors to operate at the ultra-high pressures required for today’s most challenging sour gas re-injection applications,” noted Claudi Santiago, President and CEO of GE Oil & Gas.

Statoil and GE Oil & Gas’ cooperation stems back to the 1970s with the supply of compressors for the Statfjord platform in the North Sea. StatoilHydro currently operates several high-pressure, gas re-injection projects where GE’s high-pressure compression technology could also be utilized.

Under the new frame agreement, equipment will be manufactured at GE Oil & Gas facilities in Florence and Massa, Italy, which include state-of-the-art full load testing capabilities to replicate on site conditions thus, considerably reducing risks. Shipments are expected to begin in early 2009, while the first start-ups are anticipated for the 2010-2011 timeframe.

The GE compressor sets will operate with discharge pressures in the range of 250 bars and up. Drivers will include electric motors and gas turbines (10 to 60 MW.)

The frame agreement for services will be supported by the GE Oil & Gas Global Services group in Florence, along with service centers in Norway and other global locations. Services will be provided for all existing and future installations of GE equipment.

GE Oil & Gas is a world leader in compression technology and has currently more than 100 gas turbine drivers in operation on the Norwegian Continental Shelf, primarily with StatoilHydro, and more than 100 compressors with the broadest range of discharge pressures.

StatoilHydro, which is the result of a recently completed merger between Statoil and Norsk Hydro, now is the largest company in Scandinavia, with 31,000 employees in 40 countries. Major goals for the new company include increased international exploration, project development and recovery on the Norwegian Shelf, as well as strengthened upstream and downstream positions and improved technologies to better address climate issues and alternative energy.

About GE’s Oil & Gas business

GE’s Oil & Gas business ( is a world leader in advanced technology equipment and services for all segments of the global oil and gas industry. Based in Florence, Italy, the company offers complete solutions for production, LNG, transportation, storage, refineries, and petrochemicals, as well as pipeline integrity solutions including pipeline-related software and pipeline asset management. Through its recent acquisition of VetcoGray, GE Oil & Gas has added products, systems and services for drilling, completion and production within onshore, offshore and subsea applications.

For more GE Oil and Gas press releases got to

Marathon in US$8 billion push into 10 oil provinces

Thursday, Jan 31, 2008

Marathon Oil Corp. will spend $3.2 billion of an $8 billion investment push in 2008 exploring for and producing oil and gas, the company’s Houston HQ has declared.

The 23-percent increase in E&P spending over 2007 comes as the company sets its sites on drilling 10 exploration and appraisal wells. Half the money will pay for exploration work.

Appraisal drilling and pre-FEED, or front-end engineering and design costs in Angola and Oil Sands expansion work fills out the spending.

In all, Marathon intends spending 67 percent more than in 2007, mostly on a refinery in Garryville, Louisiana, a refinery upgrade in Detroit for oil sands flows and “new developments in Angola and the Gulf of Mexico”, a statement said.

Despite unsettling royalty claims in Alberta, Canada, $910 will go toward building strategic extraction facilities, treatment facilities and a heavy oil upgrader.

For more Marathon press releases got to

Spanish acquisition springboards B3 to number 3 in the world

B3 Cable Solutions (B3)( today announced they have entered into exclusive negotiations with Nexans ( to purchase their telecommunications and railway signalling cable business in Santander, Spain. The deal is expected to complete at the end of Quarter 1 2008, subject to due diligence and finalisation of the necessary agreements and approvals. On completion B3 will become the third largest manufacturer of metallic telecommunication cable in the world and the largest outside the USA market.

This deal would represent the fourth acquisition by the Group since the beginning of 2006 and makes B3 the fastest growing cable manufacturer in the world. This acquisition follows hard on the heels of the B3’s announcement in November 2007 that it had agreed to purchase UM Cables Ltd, one of India’s leading manufacturers of optical fibre and copper telecom cables employing 140 people and with a turnover of $60M. The Manchester and Ireland acquisitions carried out in 2006 were the first milestones in B3’s strategy of building a successful company through a combination of organic growth and acquisition.

The modern and well equipped operation in Santander serves high profile telecommunications companies across mainland Europe. It employs approximately 340 people for 75M€ of turnover and 29M€of capital employed. Significantly for B3, the business also has an impressive rail company client list and the acquisition of the business will enable B3 to further grow its market share in the rail cabling sector.

Steve Ellis, Managing Director at B3 is excited by this acquisition, “The acquisition of the Santander business is a significant development for the Group and further demonstrates our commitment to growth through selective acquisition. Our UK and Ireland operations are established as service providers to energy and telecommunications businesses in the UK, this acquisition will strengthen and expand our customer base across mainland Europe. It is also strategically important to us as it further diversifies our addressable markets through Santander’s strong position in the railways signalling market.”

B3 will make a further announcement upon of completion of the sale.

- ends -

Notes to Editors:

B3 Cable Solutions

B3 Cable Solutions delivers world-class cable products and supply solutions to the global telecommunications, energy and rail infrastructure markets.

The company operates world-class cable manufacturing facilities in the UK and Ireland. B3 Cable Solutions works in partnership with its customers and stakeholders to deliver cost-effective products alongside supply and logistic solutions that are tailored to the needs of individual customers. This combination of capabilities is unique.


Client Contact:Steve Ellis, Managing DirectorTel: 0161 740 9151Email: Agency Contact:Catherine Dhanjal, TheAnswer Ltd Tel: 01883 650434 or 0794 166 9925Email:  


Latest Dana Petroleum Press Releases

Dana Petroleum makes oil discovery at Kerloch Thursday, Dec 27, 2007
First oil export through the new Kittiwake to Forties Pipeline 23-11-2007
Dana makes second oil discovery at Storskrymten Norway 20-11-2007
Successful appraisal and development well at Grouse oil field 19-11-2007
Dana completes stategic acquisition in Egypt 08-10-2007

For more Dana Petroleum go to

Dana Petroleum Company Information

Dana Petroleum is an independent oil and gas exploration and production company focused on growth through international exploration and the development of low risk production from the UK North Sea.

Balancing investment between exploration, development and production opportunities, and between North Sea and international investment. Traditionally Dana has focused less on the development stage of the lifecycle. However, as the company grows this stage will become an increasingly important element for building value, as recently demonstrated with the Goosander, Enoch and Cavendish developments.

Maximising the probability of success by spreading the exploration portfolio between North Sea and international spend, and by drilling a range of prospects with different risk profiles and varying geology. The Company strongly believes that exploration success should be driven by taking a portfolio approach. To that end, Dana is exposed to 32 exploration and appraisal wells to the end of 2008.Strong Growth in Oil and Gas Reserves.

Using exploration as leverage to accelerate growth by trading exploration positions for production and development opportunities and by trading between geographical areas. This strategy accelerates cash flow, reduces the requirement for large capital expenditure in the development phase and delivers assets in the core focus areas.

The Company is in a strong financial position, with good cash flow generation from the existing Company portfolio and will seek to maintain this platform so that the Company can leverage future growth opportunities with confidence. Over recent years, this approach has allowed the Company to remain unhedged with respect to commodity prices, thereby providing full exposure to the strong commodity price environment. This strategy is however, constantly under review and continually challenged and in particular will be reassessed when significant volumes of uncontracted gas are added to the portfolio.

For more information about Dana Petroleum got to

CTES Company Information

CTES, headquartered in Conroe, Texas, is a engineering services company specializing in coiled tubing-related technology as well as wireline and other oil industry products.    The CTES team combines the expertise and talents of over 20 experienced engineers and coiled tubing and wireline area specialists. As a service-oriented company, CTES is focused on providing the most comprehensive technical support and state-of-the-art software and equipment available in the upstream energy industry.

CTES employs more than 30 people, with a third of them being software developers.  The Principals of the company are ex-service company and have extensive oilfield experience in various disciplines including wireline field operations.

CTES is wholly-owned subsidiary of National Oilwell Varco and is a member of the Coiled Tubing/Pressure Control Group.

For more CTES company information go to

Caledonian Petroleum Services (CPS) Company Information

Caledonian Petroleum Services (CPS) is an engineering service company specialising in on and offshore fabrication, manpower services, project management and the manufacture of wellservice and packaged equipment. The CPS ethos of quality, service, safety and reliability has promoted extensive company growth, diversification and enhanced industry recognition.

CPS joined the Sovereign Group in April 2005. Sovereign Oilfield Group is an engineering-focussed company formed in October 2003 with a mission to become a major supplier of engineering services and experienced engineering personnel to oil and gas companies and their contractors in the UK and internationally.

CPS relocated to extensive new fabrication facilities in Dyce, Aberdeen in December 2005. The relocation represents a significant milestone within the company’s programme of structured expansion which includes enhanced piping and survey capabilities attained through personnel and capital equipment investment. CPS currently employs 100 tradesmen, supported by 20 project engineering and administration staff with a further 25% increase in personnel projected within 2006.

For more Caledonian Petroleum Services (CPS) Company Information go to


ExxonMobil introduces new grades of Santoprene™ TPVs

Jan 30, 2008

ExxonMobil Chemical has introduced new grades of Santoprene™ thermoplastic vulcanizates (TPVs) that bond with nylon in cold insert over-molding applications. The new B500 grade family, which is colorable or black, has been developed for applications that require a very strong bond with nylon and high temperature resistance, such as power tools, kitchen tools, automotive applications, furniture and sporting goods. Exhibiting high bond retention values, the new grades enable the design and manufacture of nylon parts coupled with the quality performance properties of a TPV. These properties include long-term sealability; a durable slip resistant feel; excellent compression set; chemical, oil and heat resistance; and enhanced bond integrity to extend product life.

“The exceptional cohesive bond of these Santoprene TPVs enables overmolds as thin as 0.5 mm to be achieved. Competitive materials can require a thickness of at least 1.5 mm to attain a similar bond,” said Bill Ramsey, market segment manager, ExxonMobil Chemical. “The new B500 grades are ideal for use in high-torque power tools which require reliable, non-slip grips, or in kitchen tools needing strong, heat resistant, soft touch handles. Automotive applications including heating and air-conditioning components and electrical seals benefit from an effective molding capability.” The cold insert molding grades, available in Shore 60 and 75 A, can also generate new opportunities for processors of Santoprene TPVs. Previously, nylon bonding TPVs have required two-shot injection molding, which generally is more cost efficient for high-volume applications. “This latest addition to our bonding grade portfolio has been developed to provide molders with more economical processing options and to allow designers more flexible creativity,” said Ramsey.

For more ExxonMobil news go to

BHP Billiton and Baosteel sign long term iron ore supply agreement

Jan 30, 2008

BHP Billiton announced today it and its joint venture partners(1) have signed an agreement to supply Baoshan Iron & Steel Co., Ltd. (Baosteel) with an additional 94 million tonnes of iron ore. Baosteel is a leading steelmaker in China.

With this new contract, Baosteel will be supplied with 10 million tonnes of iron ore each year for 10 years at a price to be mutually agreed each year. The first shipment under the new contract is scheduled for April 2008.

BHP Billiton President Marketing, Tom Schutte, said the agreement underlined BHP Billiton’s long-term commitment to Baosteel.

“Baosteel plays a significant role in China’s steel making industry. We are absolutely delighted to be able to support Baosteel’s future development by guaranteeing a stable and predictable supply of iron ore.

“This is a significant quantity of iron ore and highlights our interest in keeping pace with high demand in China during a time when supply is tight. We are doing this through substantial investment in the expansion of our mine, rail and port operations in Western Australia, with planned installed production capacity of 300 million tonnes per annum by 2015,” he said.

Baosteel Vice President, Dai Zhihao said: “We are pleased to enter into this iron ore supply contract with BHP Billiton. This will enhance the long-term cooperation between Baosteel and BHP Billiton based on mutual interest. The new supply highlights our optimism about the long-term prospects for the steel industry in China.”

The additional supply is in line with the growth of BHP Billiton’s iron ore production. It is the result of extensive planning and discussions between the two companies over the past two years.

BHP Billiton has been a long time partner to Baosteel through the supply of its full suite of carbon steel materials products, including iron ore, manganese and coking coal. It also supplies nickel for Baosteel’s expanding stainless steel production. BHP Billiton and Baosteel also entered into an agreement in 2005 that focuses on technical research in iron ore and steel making raw materials.

(1)  Itochu Minerals & Energy of Australia Pty Ltd, Mitsui-Itochu Iron Pty Ltd, Mitsui Iron Ore Corporation Pty Ltd. BHP Billiton share is 85%.

For more BHP Billiton news go to

Siemens enhances service delivery and introduces OpenScale its new brand for Multi-Vendor Unified Communications Services

Jan 30, 2008

BOCA RATON, Fla., Jan. 29 /PRNewswire/ — Siemens Communications, Inc. today announced significant enhancements, and a new brand name – OpenScale(TM) – for its professional and managed services portfolio. The company also announced it will invest significant resources into strengthening its existing global service infrastructure, and accelerating its capabilities in delivering software based, Unified Communication (UC) services. This investment plan will introduce a consistent workflow environment across the Siemens networked global service infrastructure, a new global customer portal and new tools for proactive network monitoring. The initiative will also substantially improve customer visibility of global service performance, increase speed of resolution, and provide a global Service Management platform for the design and delivery of IP-based Unified Communication environments.

Siemens’ direct, global presence in more than 50 countries, extensive third-party management capabilities and ITIL-based portfolio constitute one of the strongest delivery capabilities among global communication service providers. Siemens expects that the introduction of the OpenScale brand, portfolio architecture and ‘pre-packaging’ of professional and managed services, together with the service investment program, will further strengthen the company’s global service delivery differentiation, as well as enable customers to easily select appropriate services from Siemens.

The company’s UC services investment plan features the creation of a new Center of Competence model for the global delivery of unified communication, security and Customer Relationship Management (CRM) consultancy and integration services, together with new facilities to build and pre-test global VoIP and UC solutions prior to final roll-out. The plan will also introduce a global portal for UC real-time service performance monitoring and management, together with a consistent workflow environment across Siemens’ global network of Service Centers, Network Operation Centers and Solution Support Centers.

“Siemens is dedicated to delivering Unified Communications solutions and our global services portfolio enables our customers to embrace the latest technology with a high degree of confidence,” said Bertrand Humel van der Lee, President of Siemens Managed Services Division. “Our new investment underlines our service commitment to our customers, together with realizing a world class delivery infrastructure for software based communications.”

Siemens Global Service Infrastructure works for a variety of customers, regardless of size, geographic reach, level of in-house expertise or differing vendor solutions deployed. The company offers a range of multi-vendor and multi-technology management, integration services and multiple options for financing new technology and deployment options. According to several existing OpenScale Services customers, Siemens’ ability to deliver services around the globe, that meet recognized ITIL standards and that cover a variety of technologies, are critical to their businesses.

“Innovative communication must also include global services,” said Christian Teickner, Senior Manager, Telecommunications & Mobiles for Heidelberger Druckmaschinen AG. “With the Siemens Managed Services contract, we were able to lower the port price of our systems and still achieve a distinct improvement in the quality of our service.”

About Siemens

Siemens AG (NYSE:SI) is one of the largest global electronics and engineering companies with reported worldwide sales of $107.4 billion in 2006. Founded 160 years ago, the company is a leader in the areas of Medical, Power, Automation and Control, Transportation, Information and Communications, Lighting, Building Technologies, Water Technologies and Services and Home Appliances. With its U.S. corporate headquarters in New York City, Siemens in the USA has sales of $21.4 billion and employs approximately 70,000 people throughout all 50 states and Puerto Rico. Eleven of Siemens’ worldwide businesses are based in the United States. With its global headquarters in Munich, Siemens AG and its subsidiaries employ 480,000 people in 190 countries. For more information on Siemens in the United States:

About Siemens Communications, Inc.

Siemens Communications, Inc. is an affiliate of Siemens Enterprise Communications GmbH & Co. KG, one of the world’s leading vendors of Open Communications solutions for enterprises of all sizes, enabling business processes to be more productive, faster and more secure – with any device, network or information technology infrastructure. Siemens Communications, Inc. and Siemens Enterprise Communications GmbH & Co. KG are wholly owned subsidiaries of Siemens AG, with about 15,000 employees collectively throughout the world, including the U.S. headquarters in Boca Raton, Fla. For more information about Siemens Communications, Inc., visit

Note: Siemens, and OpenScale are trademarks or registered trademarks of Siemens AG or its subsidiaries and affiliates. All other company, brand, product and service names are trademarks or registered trademarks of their respective holders.

For more Siemens press releases go to

Eni confirms and increases size of gas discovery in Norwegian Sea

Jan 30, 2008

Norway’s petroleum directorate, or NPD said Tuesday that Italy’s Eni SpA (E) has confirmed a gas and condensate discovery made in production license 122 in the Norwegian Sea and upped its size considerably after fresh appraisal drilling.

Eni’s appraisal well 6507/2-4 on the earlier 6507/2-2 discovery indicated the total size is within the range of 12-19 billion cubic meters of recoverable gas and 0.8-1.1 million cubic meters of recoverable condensate.

That is up from earlier estimates of 6.7 million cubic meters of gas and 0.4 million cubic meters of condensate.

“The results from the well are encouraging with respect to future development of the discovery,” the NPD said.

The discovery is located around 21 kilometers southwest of the Norne field

For more Eni press releases go to

Bowtech Company Information

Specializing in the design, manufacture and supply of visual inspection systems, electrical and fibre optic connectors, fiber optic multiplexers and slip rings for use in hazardous areas or underwater, to any ocean depth.

Established in 1989, and based in Aberdeen, Scotland, we design, manufacture and support our clients to ISO 9001-2000. Bowtech’s products are deployed in the most severe environments in the leisure, military, nuclear and oceanographic industries.

Our fully trained team of Electrical, Mechanical Engineers and Technicians, pride themselves in providing technical support and innovative design solutions to the whole of our product range.

For more Bowtech company information go to


Member Profiles

Featured Profile

Featured Profile

Featured Videos

Featured Case Studies