Odyssey Marine Exploration, Inc.welcomed the statement by the United Kingdom’s Secretary of State for Defence giving consent to proceed with the archaeological investigation and recovery of at-risk artifacts from the HMS Victory (1744) wreck site in accordance with the project design that has been a
LLOG Bluewater (LLOG), a joint venture between LLOG Exploration L.L.C. and Blackstone Energy Partners and its affiliates, has successfully installed its Delta House floating production system (FPS) in Mississippi Canyon 254. The FPS is now permanently moored and ballasted down to working depth. The
Marine Ecological Surveys Ltd (MESL) has conducted a benthic characterisation survey for the Torr Head Tidal Array development off of the north coast of County Antrim, Northern Ireland on behalf of Tidal Ventures Limited. Tidal Ventures is a joint venture partnership between Brookfield Renewable Ene
BG Group is investing in a new underwater vehicles R&D project. Codenamed ‘FlatFish’, the project is being undertaken by BG Brasil and the Brazilian Institute of Robotics (BIR). This next generation of underwater vehicles will operate without human intervention, other than defining the inspection mi
National Hyperbaric Centre has developed, an industry-first, ROV System Auditing and Assurance Course at their new facility in Singapore. The course aims to provide technical and operational ROV personnel with knowledge to become aware of auditing processes, enabling technical progression in the ind
Riverstone Holdings and Proserv, based in Aberdeen, Scotland, have signed a definitive agreement pursuant to which Riverstone Global Energy and Power Fund V, L.P., in partnership with Proserv management, has agreed to acquire 100% of the shares of Proserv. David Lamont, chief executive officer (CEO)
Ocean Floor Geophysics (OFG), in cooperation with Fukada Salvage and Marine Works, has completed a high resolution CSEM survey of near surface gas hydrates. The survey was performed using the Scripps Institution of Oceanography Vulcan system for the National Institute of Advanced Industrial Science
Forum Energy Technologies has delivered third quarter 2014 revenue of $469 million compared to $390 million for the third quarter 2013. Net income for the quarter was $52 million or $0.54 per diluted share compared to $33 million or $0.35 per diluted share for the prior year period. Excluding $0.02
Ezra Holdings, a contractor and provider of integrated offshore solutions to the oil and gas industry, has recorded a drop in full year net profit, but revenue rose due mainly to strong subsea services business. Net profit in the full year, ended 31 August 2014, decreased by 16% to $45.27 million, c
Ezra Holdings Limited’s Subsea Services division, EMAS AMC, has won multiple new contracts from various energy companies valued at over US$70 million. The scope of work includes subsea installation of umbilicals, flowlines and jumpers, as well as provision of services to support rigs. Work has comme
Cameron has reported a record-level of fully diluted quarterly earnings per share from continuing operations, of $1.10 for the third quarter of 2014, as compared to $0.72 for the third quarter of 2013. In comparing the third quarter of 2014 to the year-ago quarter, Chairman and Chief Executive Offic
Chevron Corporation announced a new oil discovery at the Guadalupe prospect in the deepwater U.S. Gulf of Mexico. The Keathley Canyon Block 10 Well No. 1 encountered significant oil pay in the Lower Tertiary Wilcox Sands. The well is located approximately 180 miles off the Louisiana coast in 3,992 f
Vesper Marine’s Virtual AIS Beacons are employed in the search for lost Malaysian airliner MH370 in the southern Indian Ocean. The international search team is a closely coordinated effort between United States-based Phoenix International, Dutch engineering company Fugro and the governments of Austr
Hydrographic ship of the Black Sea Fleet (BSF), named “Donuzlav”, has completed its research campaign in the Mediterranean Sea. For a month trekking crew and specialists, led by Chief Hydrographic Service BSF Captain 1st Rank Mikhail Voroshilov, conducted comprehensive studies of selected areas of t
