Seabox AS Acquired by NOV

National Oilwell Varco (NOV) has acquired 97% of the shares in Seabox for an undisclosed amount from a group of shareholders led by HitecVision.

Seabox is a Norwegian subsea technology company founded around the patented SWIT technology (Subsea Water Intake & Treatment). The technology enables treatment of raw seawater on the seabed (as opposed to on a platform) for injection into oil & gas wells for pressure support and increased oil recovery.

The company was established in 2004, and has, through a series of Joint Industry Projects backed by the Norwegian Research Council and by potential end-users such as ExxonMobil, ConocoPhillips, Shell, Total, Statoil, GDF Suez and others, developed the technology to a level where it is now ready for commercialization. Seabox has 12 employees.

Helge Lunde, CEO of Seabox comments: “We are very excited to team up with NOV’s global organization, which will significantly increase our reach and chances of succeeding in commercializing our technology. We are both proud and happy for their recognition of our efforts and technical solutions, and their commitment to backing us through the coming growth phase. We are convinced that our growth will be faster and stronger together with NOV.”

Michael Hjorth, President of Flexibles and Subsea Production Systems, comments: “NOV has a strong history and presence in Norway, where some of our key technologies for drilling, turret mooring and deck cranes have been developed, and to a large degree also manufactured. When it comes to subsea, which is an area where NOV wants to develop and expand, Norway is pretty much the “Silicon Valley” of the industry, so it is natural for us to search for new technologies and ideas here. In Seabox we have found what we deem to be innovative yet robust technical solutions, which offer more cost effective solutions but more importantly will offer the oil & gas companies greater flexibility in optimizing their reservoir drainage and field profitability. This is a huge market, with some 250 million barrels of seawater injected daily world-wide, which is almost three times the daily oil production. We are excited to explore these market opportunities together with Seabox.”

Image: Seabox

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El Paso, TX :: ISIS Camp a Few Miles from Texas, Mexican Authorities Confirm

APRIL 14, 2015

ISIS is operating a camp just a few miles from El Paso, Texas, according to Judicial Watch sources that include a Mexican Army field grade officer and a Mexican Federal Police Inspector.

The exact location where the terrorist group has established its base is around eight miles from the U.S. border in an area known as “Anapra” situated just west of Ciudad Juárez in the Mexican state of Chihuahua. Another ISIS cell to the west of Ciudad Juárez, in Puerto Palomas, targets the New Mexico towns of Columbus and Deming for easy access to the United States, the same knowledgeable sources confirm.

During the course of a joint operation last week, Mexican Army and federal law enforcement officials discovered documents in Arabic and Urdu, as well as “plans” of Fort Bliss – the sprawling military installation that houses the US Army’s 1^st Armored Division. Muslim prayer rugs were recovered with the documents during the operation.

Law enforcement and intelligence sources report the area around Anapra is dominated by the Vicente Carrillo Fuentes Cartel (“Juárez Cartel”), La Línea (the enforcement arm of the cartel) and the Barrio Azteca (a gang originally formed in the jails of El Paso). Cartel control of the Anapra area make it an extremely dangerous and hostile operating environment for Mexican Army and Federal Police operations.

According to these same sources, “coyotes” engaged in human smuggling – and working for Juárez Cartel – help move ISIS terrorists through the desert and across the border between Santa Teresa and Sunland Park, New Mexico. To the east of El Paso and Ciudad Juárez, cartel-backed “coyotes” are also smuggling ISIS terrorists through the porous border between Acala and Fort Hancock, Texas. These specific areas were targeted for exploitation by ISIS because of their understaffed municipal and county police forces, and the relative safe-havens the areas provide for the unchecked large-scale drug smuggling that was already ongoing.

Mexican intelligence sources report that ISIS intends to exploit the railways and airport facilities in the vicinity of Santa Teresa, NM (a US port-of-entry). The sources also say that ISIS has “spotters” located in the East Potrillo Mountains of New Mexico (largely managed by the Bureau of Land Management) to assist with terrorist border crossing operations. ISIS is conducting reconnaissance of regional universities; the White Sands Missile Range; government facilities in Alamogordo, NM; Ft. Bliss; and the electrical power facilities near Anapra and Chaparral, NM.

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