Search results for: OceanWorks Strengthens

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  • 13 October 2017
    Business & Finance, Equipment

    Subsea solution engineering company OceanWorks International has welcomed back Harald Grob as technical director. Having spent almost half of his 30+ years of experience with OceanWorks, it’s a befitting role that Grob takes on; leading the technical staff and providing innovative solutions to OceanWorks customers in all markets, the company said. “Harald brings with him […]

  • 30 April 2019
    Business & Finance, Equipment, Operations & Maintenance, Research & Development

    Norwegian industry initiative GCE Ocean Technology (GCE Subsea) has become a member of the Norwegian Forum for Marine Minerals (NMM). The membership, among other things, should enable GCE to contribute to strengthening the Norwegian environment’s international contacts and influence in the field of marine minerals. NMM is an association of industry and research actors who […]

  • 2 March 2018
    Business & Finance

    DeepOcean has been awarded a contract by Statoil for performing riser replacement and construction work in the North Sea and the Norwegian Sea.

  • 26 June 2017
    Business & Finance, Operations & Maintenance, Project & Tenders

    Ocean Installer has recently completed a project in Equatorial Guinea as the first call off under a newly-signed master service agreement with an independent energy company. The work scope included the installation of subsea equipment and offshore operations and took place in June 2017, making use of the multipurpose offshore vessel Forland Inspector. The project was managed […]

  • 29 January 2016
    Business & Finance, Equipment

    San Jose-based Deep Ocean Engineering has named Raul Enrique Pena as its vice president of sales and marketing. He is to drive the growth of Deep Ocean while expanding its presence internationally, the company said. Pena brings to the company a knowledge of sales, channel management, business development and marketing from his career in telecom […]

  • 2 March 2018
    Operations & Maintenance, Project & Tenders

    DeepOcean has been awarded a contract from Statoil to perform riser replacement and construction work in the North Sea and the Norwegian Sea. The firm and optional scope of work comprises complex marine operations for replacement, installation and recovery of subsea lines and installation work at the Njord, Kristin, Troll C and Åsgard offshore fields. […]

  • 26 June 2017

    Norway’s subsea installation specialist Ocean Installer has completed a job in Equatorial Guinea under a master service agreement (MSA) with an undisclosed energy company. Ocean Installer said on Monday that the project was awarded as the first call off under the newly signed MSA. The work scope included the installation of subsea equipment and offshore […]

  • 20 October 2017
    Business & Finance

    High tides, strong wind and heavy surf again are threatening Bathtub Beach, forcing the Martin County to close the popular area to strengthen dunes and protect roads, the county said in their latest announcement.  “Nourishment projects are a normal part of conservation and coastal management,” said Kathy Fitzpatrick, Coastal Engineer for Martin County. “While Bathtub […]

  • 24 November 2016
    Business & Finance

    Triton, a private equity investment company, will become the largest shareholder of DeepOcean, after the funds advised by Triton signed an agreement to acquire a majority interest in the subsea services provider. The transaction is expected to close around 1 January 2017, subject to regulatory approval in the relevant jurisdictions. The parties have agreed not to disclose the […]

  • 19 December 2012

    Norway’s DeepOcean has entered into a contract for long term charter of an offshore support and construction vessel (OSCV) from Rem Ship AS.  “DeepOcean is established as a leading subsea services and installation contractor in the North Sea. In order to maintain and strengthen our leading position in this market, we are currently investing in […]

  • 24 November 2016
    Business & Finance

    Triton, a private equity investment company, will become the largest shareholder of DeepOcean, after the funds advised by Triton signed an agreement to acquire a majority interest in the subsea services provider. The transaction is expected to close around 1 January 2017, subject to regulatory approval in the relevant jurisdictions. The parties have agreed not to disclose the […]

  • 28 October 2016
    Business & Finance, Operations & Maintenance, Project & Tenders

    Oceaneering and BP have agreed a two-year extension through January 2019 under the field support vessel services contract that was entered into for work offshore Angola on blocks 18 and 31. Under this contract term extension, the Ocean Intervention III will remain chartered through April 2017, with five option periods for further extension of one-month each. […]

  • 6 June 2011
    Business & Finance, Operations & Maintenance, Project & Tenders

    Marine scientists of the Leibniz Institute of Marine Sciences (IFM-GEOMAR) in Kiel, Germany and the Halifax Marine Research Institute (HMRI) in Halifax, Canada signed a memorandum of understanding to strengthen their cooperation in the field of marines sciences. The agreement was signed in connection with the official opening of the Halifax Marine Research Institute that […]

  • 29 June 2018
    Business & Finance, Equipment

    Kraken Robotics has closed the non-brokered private placement offering with Ocean Infinity for aggregate gross proceeds of $2.3 million. “Kraken is very pleased to have completed this financing with our customer Ocean Infinity,” said Karl Kenny, Kraken’s president and CEO. “The financing strengthens our balance sheet with a patient investor and supportive customer and validates […]

  • 27 October 2017
    Business & Finance

    A Remøy Group subsidiary, Remøy Standby, has sold the Ocean Odyssey vessel to a Norwegian client, Maritim Research I, a subsidiary of Maritim Management. Ocean Odyssey is a seismic research vessel of Aker AH 03 design, built by the Norwegian Søviknes yard in 2005. The vessel previously worked for WesternGeco until its early re-delivery in […]

  • 18 August 2016
    Business & Finance, Research & Development

    Ocean Energy Europe (OEE) has released the recording of the recently held webinar whose aim was to clarify the rules and goals of the FORESEA project’s first call for support package applications.

  • 11 September 2014
    Business & Finance, Equipment, Project & Tenders

    Oceaneering International, Inc. has announced that BP p.l.c. has exercised both one-year options to extend the field support vessel services contract with Oceaneering for work offshore Angola on Blocks 18 and 31. Under this contract term extension, Oceaneering will continue to provide project management, engineering, and vessel services through January 2017. Two chartered vessels, the […]

  • 16 March 2016
    Business & Finance

    Statoil has exercised an option with Ocean Installer for flexible jumper replacement at the Vigdis field. The option falls under an amendment to the previously awarded SLMP Marine Installation contract. The SLMP amendment was signed in December 2015 and covered riser replacement operations at the Troll C field. The option now exercised comprises the replacement […]

  • 16 March 2016
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Statoil has exercised an option with Ocean Installer for flexible jumper replacement at the Vigdis field. The option falls under an amendment to the previously awarded SLMP Marine Installation contract. The SLMP amendment was signed in December 2015 and covered riser replacement operations at the Troll C field. The option now exercised comprises the replacement […]

  • 17 January 2020
    Operations & Maintenance

    Axxis Geo Solutions (AGS) has started the 3D ocean bottom node (OBN) seismic acquisition under the previously announced contract in the Middle East. The work will be undertaken through most of the first quarter 2020. The revenue stream from this contract, as well as progress made with short term creditors and suppliers, are important milestones […]

  • 11 September 2014
    Business & Finance, Equipment, Operations & Maintenance, Project & Tenders

    Oceaneering International, Inc. announced that BP p.l.c. has exercised both one-year options to extend the Field Support Vessel Services contract with Oceaneering for work offshore Angola on Blocks 18 and 31. Under this contract term extension, Oceaneering will continue to provide project management, engineering, and vessel services through January 2017. Two chartered vessels, the Ocean […]

  • 24 November 2016
    Business & Finance

    Subsea contractor DeepOcean has a new majority owner in the company. Funds advised by a private equity investment firm, Triton, will become the largest shareholder and should, in collaboration with some of the existing shareholders in DeepOcean, support the company’s growth over the coming years. DeepOcean has also strengthened the company’s balance sheet and liquidity with […]