NEWS
15/06/07
Shell's shock sell-off
Fears that Shell is preparing a retreat from its vast North Sea operations were raised yesterday after the oil giant announced plans to sell some of its major offshore assets and to scrap proposals for a GB£25 million subsea centre of excellence in Aberdeen, Europe's oil capital.
14/06/07
Indian Navy's AUV order under scrutiny
The Indian Navy's first ever order for autonomous underwater vehicles is under a cloud with two potential vendors alleging that the contract was awarded to a Norwegian company by the defence ministry without calling for tenders.
11/06/07
Vietnam's subsea cables go missing
A government agreement that allows Vietnamese fishermen to augment their incomes by salvaging underwater copper cables has spectacularly backfired to such a massive extent that the country is now left with just one submarine link to the outside world.
08/06/07
High-tech subsea centre in opens in record time
Aker Kvaerner's (Norway) multi-million dollar integrated high-tech subsea oil and gas centre in Malaysia has been officially opened in record time.
© 2007 Underwater World Publications Ltd.