Equipment
Cashman to Improve Palm Beach Harbor Navigation
The U.S. Army Corps of Engineers has awarded a maintenance dredging contract for Palm Beach Harbor, Palm Beach County. The works on the project will start as soon as late January. The Corps awarded a roughly $1.8 million contract on 16 January to Cashman Dredging and Marine Contracting Co., LLC., of
Hess orders Oceaneering umbilicals for Stampede
Oceaneering International, Inc. has secured contract from Hess Corporation to supply the umbilicals and umbilical distribution hardware for the Stampede Project located in the Green Canyon area of the U.S. Gulf of Mexico. This hardware will be used to transmit hydraulic control fluids, chemicals, an
Acteon launches new Group company Clarus Subsea Integrity
Acteon has announced the start-up of Clarus Subsea Integrity Inc., a new Group company created from 2H Offshore’s subsea integrity business segment. Acteon says that, based in Houston, USA, the new company will start operations in January 2015 and plans to expand globally. Paul Alcock, executive vic
New Acoustic Test Tank Facility at FarSounder
FarSounder announces the opening of its new acoustic test tank facility at its headquarters in Warwick, Rhode Island, USA. The acoustic tank will be used primarily for production testing and calibration of FarSounder’s sonar systems. It will also be available for FarSounder’s R&D projects. “Our new
Halliburton CEO: Excellent 2014, but challenging year ahead
Halliburton Company , the world’s second largest oilfield services provider announced today that income from continuing operations for the fourth quarter of 2014 was $1.0 billion, or $1.19 per diluted share, excluding restructuring charges of $90 million, after-tax, or $0.11 per diluted share, and B
UMG Sets Up Hydra HRF System in Middle East
Unique Maritime Group (UMG) has established the first Hyperbaric Reception Facility (HRF) in the Middle East thus raising the safety level for all divers currently operating in this area to a new level. The purpose built system by Unique Hydra, a division of UMG, will be installed at UMG’s facility
Baker Hughes: Record revenue in 4Q 2014
Baker Hughes, soon to merge with Halliburton, today reported its revenue for the fourth quarter 2014 was a record $6.6 billion, up 6% compared to $6.3 billion in the third quarter of 2014. Adjusted EBITDA for the fourth quarter of 2014 was $1.4 billion, an increase of $261 million or 22% compared to
IADC: Improving Complex Maritime Infrastructure Projects
The International Association of Dredging Contractors (IADC) has released a new article: Early Contractor Involvement; Improving Complex Maritime Infrastructure Projects. This paper was presented at the PIANC World Congress San Francisco, USA 2014. With the advent of the jumbo dredging fleet and adv
Osiris Wins IMCA Diving Division Membership
Osiris has become a contractor member with the International Marine Contractors Association’s (IMCA) diving division. Improving performance in the marine contracting industry is a core purpose of IMCA. Through a rigorously audited approach to membership requirements across a range of operational div
STATS Group secures cash for international expansion
STATS Group, the Aberdeenshire-based oil and gas pipeline engineering specialist, is preparing for further international expansion after securing an additional £4.3 million ($6.5 million) investment from the Business Growth Fund (BGF). The management team behind STATS has also invested more money in
Statoil, Kvaerner Sign Johan Sverdrup Jacket Contract
Statoil has awarded a contract to Kværner Verdal for delivery of the riser platform jacket for the Johan Sverdrup field. Scheduled for delivery in the summer of 2017, the jacket’s contract value is close to NOK 2.0 billion. The contract is an execution of parts of the letter of intent which Statoil
Maritime Developments Scoops £7 Mln in Orders
Maritime Developments has won contracts worth in the region of $10.6 million (£7 million) and broadened its product portfolio. The company, which supports subsea industry operations worldwide, has secured the first order for its innovative portable overside vertical lay system (PVLS) from a leading
Huntington’s restricted output extended
Norwegian Energy Company ASA (Noreco) has informed that production from the Huntington field, located in the UK North Sea, will continue at restricted rates until the end of February at the earliest. The company says that normal operations of the CATS gas transport system, which indirectly restricts
Van Oord’s ‘Nexus’ Gets New Equipment
Van Oord’s new DP2 cable layer Nexus got its cable carousel, fabricated by IHC Engineering Business, and a SMST’s 170 mton knuckle boom crane on January 19, 2015 at the BOW Terminal in the Nederlands. The huge cable carousel has a capacity of more than 5,000 tons and an offshore crane will enable it