Business & Finance
Aker Solutions Bags Well Intervention Contract from Total E&P Angola
Aker Solutions’ subsidiary Aker Oilfield Services has received a contract from Total E&P Angola for providing subsea intervention services from the oil services company’s purpose-built intervention vessel, Skandi Aker. The agreement marks a breakthrough for vessel-based intervention services in deep
Aker Bags Subsea Intervention Services Contract Offshore Angola
Aker Solutions’ subsidiary Aker Oilfield Services has received a contract from Total E&P Angola for providing subsea intervention services from the oil services company’s purpose-built intervention vessel, Skandi Aker. The agreement marks a breakthrough for vessel-based intervention services in deep
Chinese GUMECO Ink FORAN System Contract with SENER
SENER Ingeniería y Sistemas, S.A. and Guangzhou Marine Engineering Corporation (GUMECO) have recently signed a contract for the right to use the FORAN System in the facilities from GUMECO. The scope of supply covers all the disciplines and the corresponding trainings for the GUMECO personnel. The tr
Ireland: Providence Completes Series of Comprehensive Barryroe Post-Well Studies
Providence Resources P.l.c., (“Providence”) the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), provides a resource update on the Barryroe oil field in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Barryroe on
GEOSHIPS New Dynamic Positioning Vessel to Create More Jobs (UK)
GEOSHIPS Group, a marine and subsea services provider, has completed charter party negotiations with Singapore based Teras Offshore, for a new Offshore Deck Cargo Vessel, resulting in the planned recruitment of a further 40 offshore staff. Formed in 2003, Westhill-based GEOSHIPS will operate, manage
Croatia: Inauguration Ceremony for Viktor Lenac’s New Floating Drydock
On Friday 20th July 2012, Viktor Lenac Shipyard held a ribbon cutting ceremony for the FLOATING DRYDOCK RI-38. In November 2011, Viktor Lenac signed the contract for the purchase of a new floating drydock with the Ukraine shipyard Kherson State Plant „Pallada“. The new dock was delivered in June 201
UK: GEOSHIPS’ Charter of New Vessel Creates 40 Jobs
GEOSHIPS Group, a marine and subsea services provider, has completed charter party negotiations with Singapore based Teras Offshore, for a new Offshore Deck Cargo Vessel, resulting in the planned recruitment of a further 40 offshore staff. Formed in 2003, Westhill-based GEOSHIPS will operate, manage
USA: Students Compete in 15th International RoboSub Competition
Thirty-two teams of high school and college engineering students have put underwater robots through their paces in gladiator-themed missions at the 15th International RoboSub Competition, July 17-22, in San Diego. Co-sponsored by the Office of Naval Research (ONR) and the Association for Unmanned Ve
First Subsea Welcomes New Managing Director (UK)
Subsea connector specialist, First Subsea Ltd has appointed John Shaw as managing director. Previously First Subsea’s global operations director, he will be responsible for the on-going development and growth of the company’s ball and taper connector business in the oil and gas and renewable energy
Germany: RWE Delays Innogy Nordsee Announcement
German utility, RWE has delayed announcement regarding the investment decision for Innogy Nordsee wind farm in the North Sea, according to Handelsblatt. The major reason for the temporary freeze on investment is legal liability risks. The company has planned to start the “Innogy Nordsee 1“ project i
Germany: RWE Delays Innogy Nordsee Announcement
German utility, RWE has delayed announcement regarding the investment decision for Innogy Nordsee wind farm in the North Sea, according to Handelsblatt. The major reason for the temporary freeze on investment is legal liability risks. The company has planned to start the “Innogy Nordsee 1“ project i
FMC Technologies Reports Increased Revenue in 2Q 2012 (USA)
FMC Technologies, Inc. reported second quarter 2012 revenue of $1.5 billion, up 22 percent from the prior-year quarter. Diluted earnings per share were $0.46 compared to $0.39 in the prior-year quarter. Total inbound orders were $1.4 billion and included $878.2 million in Subsea Technologies orders.
GulfMark Offshore Announces Construction of Two PSVs for US Gulf of Mexico
GulfMark Offshore Inc., a company which serves major offshore energy markets in the world through the provision of marine transportation services, announced the construction of two additional Jones Act PSVs for the U.S. Gulf of Mexico. According to Bruce Streeter, President and CEO, this will bring
Providence Announces Update on Barryroe Field (Ireland)
Providence Resources P.l.c., the Irish oil and gas exploration and production company, whose shares are quoted in London (AIM) and Dublin (ESM), provides a resource update on the Barryroe oil field in the North Celtic Sea Basin, offshore Ireland. Providence (80%) operates Barryroe on behalf of its p