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Cal Dive Files for Chapter 11 Bankruptcy
Equipment

Cal Dive Files for Chapter 11 Bankruptcy

Cal Dive with its U.S. subsidiaries has filed simultaneous voluntary petitions in the United States Bankruptcy Court for the District of Delaware seeking relief under the provisions of Chapter 11 of the U.S. Bankruptcy Code. A chapter 11 debtor usually proposes a plan of reorganization to keep its b

about 11 years ago
Rotech Re-Enters Subsea Market
Equipment

Rotech Re-Enters Subsea Market

The Rotech Group has announced the launch of their new subsea business. Having previously built up and operated the Rotech Subsea mass flow excavation business from 1999, Rotech Subsea‘s equipment was subsequently sold to Reef Subsea UK in 2011. Rotech Subsea in now back on the subsea market with th

about 11 years ago
Bankruptcy for Scana Steel Stavanger
Equipment

Bankruptcy for Scana Steel Stavanger

Norway’s Scana Industrier ASA has decided to cease further funding of its subsidiary Scana Steel Stavanger AS, a provider of steel components to the offshore oil and gas industry. Consequently, Scana Industrier has said that there is no basis for a solvent winding-up of the company and the Board of

about 11 years ago
McDermott Inks FMC Deal (Indonesia)
Equipment

McDermott Inks FMC Deal (Indonesia)

McDermott has been secured a sizeable manifold and subsea safety isolation valve module fabrication contract by FMC Technologies for the Jangkrik fields located offshore Kalimantan, Indonesia. According to the company, the contract was included in McDermott’s fourth quarter backlog and is expected t

about 11 years ago
Picture of the Day: IHC Beaver Dredgers in Brazil
Equipment

Picture of the Day: IHC Beaver Dredgers in Brazil

Two Royal IHC Beaver® cutter suction dredgers have been deployed in Brazil to work on a large-scale hydroelectric dam construction project, which is due for completion in 2016 and will provide electricity to millions of people in the country. IHC Beaver Dredgers has built numerous cutter suction dre

about 11 years ago

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McDermott secures subsea fabrication deal from FMC Technologies
Equipment

McDermott secures subsea fabrication deal from FMC Technologies

McDermott International, Inc. has been awarded a sizeable manifold and subsea safety isolation valve module fabrication contract by FMC Technologies for the Jangkrik fields located offshore Kalimantan, Indonesia. The contract was included in McDermott’s fourth quarter backlog and is expected to be c

about 11 years ago
Rotech Subsea Back in Business
Equipment

Rotech Subsea Back in Business

The Rotech Group has announced the launch of their new subsea business. Having previously built up and operated the globally successful Rotech Subsea mass flow excavation business from 1999, Rotech Subsea‘s equipment was subsequently sold to Reef Subsea UK in 2011. Rotech Subsea are now re-entering

about 11 years ago
Polarcus Scores Seismic Off Egypt
Equipment

Polarcus Scores Seismic Off Egypt

Norwegian seismic contractor Polarcus has won a 3D marine seismic project offshore Egypt. The project is scheduled to start in the first quarter of 2015 and Polarcus expects it to run for approximately 50 days. According to the company statement, the project will by conducted by utilizing Polarcus’

about 11 years ago
Polarcus in 3D survey offshore Egypt
Equipment

Polarcus in 3D survey offshore Egypt

Polarcus Limited has received an award from an undisclosed client for a 3D marine seismic project offshore Egypt. The company will be utilizing Polarcus’ RightBAND(TM) technique for broadband data acquisition. According to the Polarcus’ press release, the project will start in Q1 2015 and is expecte

about 11 years ago
Coda Octopus UIS for Assessing Breakwaters
Equipment

Coda Octopus UIS for Assessing Breakwaters

Long Beach Police Department (LBPD) has employed Coda Octopus Group’s (CDOC) UIS with its Echoscope® 3D imaging system to provide rapid, real time damage assessment after Hurricane Marie impacted Long Beach Breakwaters. In late August 2014, the remnants of Hurricane Marie created large swells and wa

about 11 years ago

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Unique Hydra Gets New Manager
Equipment

Unique Hydra Gets New Manager

Unique Maritime Group (UMG) has appointed Rodney Mckechnie as the Managing Director for Unique Hydra, based in South Africa. Mckechnie is a seasoned executive with experience gained in international Fortune 100 companies across various industrial sectors including motor manufacturing, food and alcoh

about 11 years ago
OSBIT Power Opens Lowestoft Base
Equipment

OSBIT Power Opens Lowestoft Base

North-east based offshore engineering company OSBIT Power has taken residency in the OrbisEnergy centre in Lowestoft and joined the East of England Energy Group (EEEGR). The company is keen to further its investment in the southern North Sea offshore market and to develop new connections in the area

about 11 years ago
Johan Sverdrup SURF project goes to IKM Ocean Design
Equipment

Johan Sverdrup SURF project goes to IKM Ocean Design

Statoil has awarded the Johan Sverdrup SURF Detail Engineering and Services 2015-20 contract to IKM Ocean Design. Johan Sverdrup field is a large oil discovery in production licenses PL265, PL501 and PL502 in the Utsira High region of Norwegian Continental Shelf, 140 km west of Stavanger. The field

about 11 years ago
IKM Scoops Johan Sverdrup SURF Deal
Equipment

IKM Scoops Johan Sverdrup SURF Deal

Statoil has awarded the Johan Sverdrup SURF Detail Engineering and Services 2015-20 contract to IKM Ocean Design. Johan Sverdrup field is an oil discovery in production licenses PL265, PL501 and PL502 in the Utsira High region of Norwegian Continental Shelf, 140 km west of Stavanger. The field devel

about 11 years ago