Search results for: Cal Dive

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  • 31 July 2012
    Business & Finance

      Cal Dive International, Inc. announced today that it has entered into a 50/50 strategic partnership with Fugro for the long-term charter of the DP2 Toisa Paladin, a 2007 purpose built, DNV classed, diving support vessel. The charter party agreement with Toisa Pte Ltd will be shared equally between Cal Dive and Fugro and has […]

  • 27 February 2008

    Helix Energy Solutions reported fourth quarter net income of $120.4 million, or $1.25 per diluted share. These results included a $151.7 million pre-tax gain ($1.02 per diluted share) related to our majority owned investment in Cal Dive. This non cash gain results from the acquisition by Cal Dive during the fourth quarter of Horizon Offshore […]

  • 4 June 2014
    Business & Finance

    Cal Dive International, Inc. has announced the sale of its U.S. Gulf of Mexico shallow water surface diving fleet to a privately held company for cash of $18.5 million and a 19.9% minority interest in the entity acquiring the assets. The assets sold are comprised of eight surface diving vessels and miscellaneous inventory and equipment. Cal […]

  • 31 January 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Cal Dive International, Inc. announced that it has been awarded a Field Abandonment and Decommissioning Contract from an operator in the Gulf of Mexico which includes the abandonment of sixteen wells, seven pipelines, and the removal of eight structures. The contract is expected to generate total revenue of approximately $25 million and will utilize two […]

  • 31 July 2012
    Business & Finance

      Cal Dive International, Inc. announced today that it has entered into a 50/50 strategic partnership with Fugro for the long-term charter of the DP2 Toisa Paladin, a 2007 purpose built, DNV classed, diving support vessel. The charter party agreement with Toisa Pte Ltd will be shared equally between Cal Dive and Fugro and has […]

  • 31 July 2012
    Business & Finance

    Houston-based Cal Dive International, Inc. announced today that it has entered into a 50/50 strategic partnership with Fugro for the long-term charter of the DP2 Toisa Paladin, a 2007 purpose built, DNV classed, diving support vessel. The charter party agreement with Toisa Pte Ltd will be shared equally between Cal Dive and Fugro and has […]

  • 19 October 2012
    Business & Finance

    Cal Dive International, Inc. announced today that it has recently commenced a two-year charter of the DP saturation diving vessel Kestrel to a major contractor in Mexico to perform repair and maintenance (R&M) work for Pemex. The charter started in mid-October and has a fixed term of two years with an additional one-year option. The […]

  • 17 November 2011
    Business & Finance

    Cal Dive International, Inc. announced today that the multiservice vessel Uncle John is currently undergoing an upgrade to the vessel’s dynamic positioning and derrick systems, which will enable the vessel to perform light well intervention work in water depths up to 3,500 feet. The upgrade is part of the Company’s original capital expenditure budget for […]

  • 11 August 2014

    Cal Dive has said that the second quarter was hit by unseasonably adverse weather.

  • 10 November 2011
    Business & Finance, Equipment

    To tackle the strong currents in Australia’s offshore oil & gas fields, leading contracting company, Cal Dive International (Australia) Pty Limited, selected Saab Seaeye’s powerful new Panther XT Plus ROV (Zone Rated and configured for operations in hazardous areas) when making that choice. A Cal Dive spokesman said, ‘The Panther ticks all the boxes. It […]

  • 17 November 2011
    Business & Finance

    Cal Dive International, Inc. announced today that the multiservice vessel Uncle John is currently undergoing an upgrade to the vessel’s dynamic positioning and derrick systems, which will enable the vessel to perform light well intervention work in water depths up to 3,500 feet. The upgrade is part of the Company’s original capital expenditure budget for […]

  • 26 October 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

      Cal Dive International, Inc.  announced that it has been awarded a contract by Pemex Exploración y Producción for the installation of an 8 inch subsea pipeline located in the Abkatun Field in 47 meters of water. The contract will generate total revenue of approximately $27 million and will utilize two of the Company’s key […]

  • 26 October 2011
    Business & Finance

    Cal Dive International, Inc. announced today that it has been awarded a contract by Pemex Exploración y Producción for the installation of an 8 inch subsea pipeline located in the Abkatun Field in 47 meters of water. The contract will generate total revenue of approximately $27 million and will utilize two of the Company’s key […]

  • 17 November 2011
    Business & Finance

    Cal Dive International’s multiservice vessel Uncle John is currently undergoing an upgrade to the vessel’s dynamic positioning and derrick systems, which will enable the vessel to perform light well intervention work in water depths up to 3,500 feet. Uncle John is DNV Classified multipurpose vessel with, 16-man Comex dive system with hyperbaric lifeboat capable of […]

  • 19 October 2012
    Business & Finance, Project & Tenders

    Cal Dive International, Inc. announced that it has recently commenced a two-year charter of the DP saturation diving vessel Kestrel to a major contractor in Mexico to perform repair and maintenance work for Pemex. The charter started in mid-October and has a fixed term of two years with an additional one-year option. The charter is […]

  • 10 November 2011
    Business & Finance, Equipment

      To tackle the strong currents in Australia’s offshore oil & gas fields, leading contracting company, Cal Dive International (Australia) Pty Limited, selected Saab Seaeye’s powerful new Panther XT Plus ROV (Zone Rated and configured for operations in hazardous areas) when making that choice. A Cal Dive spokesman said, ‘The Panther ticks all the boxes. […]

  • 19 October 2012

    Cal Dive International, Inc. announced today that it has recently commenced a two-year charter of the DP saturation diving vessel Kestrel to a major contractor in Mexico to perform repair and maintenance work for Pemex. The charter started in mid-October and has a fixed term of two years with an additional one-year option. The charter […]

  • 5 March 2012
    Business & Finance, Operations & Maintenance, Project & Tenders

    Cal Dive International, Inc. announced that it has been awarded a contract by Pemex Exploración y Producción for the installation of a 20 inch subsea pipeline located in the Abkatun Pol Chuc Field in 73 meters of water. The contract is expected to generate total revenue of approximately $46 million and will utilize two of […]

  • 16 February 2011

      Cal Dive International, Inc. will conduct a conference call to discuss its fourth quarter and year end 2010 results on March 2, 2011 at 9:00 a.m. Central Time. A press release summarizing these results is planned for distribution on March 1, 2011, after the market closes. The press release and conference call presentation will […]

  • 22 February 2011
    Business & Finance

      Cal Dive International, Inc. announced  that it has been awarded a contract by Pemex Exploración y Producción for the installation of a 20″ inch subsea pipeline located in the Abkatun Field in 24 meters of water. The lump sum contract will generate total revenue of approximately $24 million and will utilize two of the […]

  • 18 November 2011

    Cal Dive International’s multiservice vessel Uncle John is currently undergoing an upgrade to the vessel’s dynamic positioning and derrick systems, which will enable the vessel to perform light well intervention work in water depths up to 3,500 feet. The upgrade is part of the Company’s original capital expenditure budget for 2011. Completion of this upgrade […]

  • 15 September 2014
    Business & Finance

    On September 8, 2014, Cal Dive International, Inc. received notice from the New York Stock Exchange that it does not currently satisfy the minimum share price standard for continued listing of the Company’s common stock.