On Saturday, May 10, 2014, at 2 p.m. local time (10 p.m. Friday EDT), the hybrid remotely operated vehicle Nereus was confirmed lost at 9,990 meters (6.2 miles) depth in the Kermadec Trench northeast of New Zealand. The unmanned vehicle was working as part of a mission to explore the ocean’s hadal r
The first of the ‘second generation’ of Carbon Fibre SWATHs from Danish Yachts is nearing completion and will be soon placed into the water for initial sea trials. The fifth SWATH (four SWATHs were delivered in 2013), designed and built by Danish Yachts, has been further enhanced and developed in or
Offshore wind energy is planned to become an important power source in the U.S., as the Government plans to install 54 GW by 2030. The U.S. market would then be four times larger than the German offshore wind market, which was a sufficient reason for BLG LOGISTICS GROUP, an international logistics s
Dril-Quip, Inc. announced net income of $42.6 million, or $1.04 per diluted share for the three months ended March 31, 2014, versus net income of $39.8 million, or $0.98 per diluted share for the first quarter of 2013. Total revenues were $204.1 million during the quarter ended March 31, 2014 compar
The International Seabed Authority and China Ocean Mineral Resources Research and Development Association (COMRA) signed a 15-year contract for exploration for cobalt-rich ferromanganese crusts in Beijing on 29 April 2014. The contract was signed by the Secretary-General of the Authority, Nii Allo
The Hong Kong Government proposes to allow China Mobile International Limited to install an optical fibre submarine cable of about 35 kilometres in length and 100 millimetres in diameter within an area of approximately 1.75 hectares of foreshore and seabed from Tseung Kwan O to the eastern boundary
From 10 to 12 March 2014, the Petroleum Safety Authority Norway (PSA) carried out an audit of the work of Eni Norge AS (Eni) to ensure compliance with the requirement to establish and implement technical and operational barriers in the development project for Goliat FPSO. Objective The objective of
The Petroleum Safety Authority Norway (PSA) has carried out an audit of Statoil and emergency preparedness management of the Norne FPSO From 31 March to 2 April 2014. Objective The objective of the activity was to gain an overview of processes and systems that contribute to ensuring comprehensive em
In a major advancement for the Block Island Wind Farm, Deepwater Wind has received the first major environmental permit approvals needed to begin deployment of this path-breaking project. The Rhode Island Department of Environmental Management (RIDEM) issued Deepwater Wind Water Quality Certificates
The Petroleum Safety Authority Norway (PSA) carried out an audit of detailed engineering of the Polarled pipeline from 11 to 12 March 2014. Objective The objective of the audit was to monitor that the project has been planned and carried out in compliance with applicable regulations and recognised n
According to 365Design, based in Hyderabad, India, the company has developed a new portable helipad applicable on offshore wind farms. 365Design says that the solution is cost-effective and more safe, with no need for hoist operations. A helicopter can land directly onto a portable helipad. As offsh
At Breakbulk Europe 2014, taking place from May 13 to 15, three BLG LOGISTICS’ divisions – Cargo Logistics, High & Heavy Logistics and WindEnergy Logistics – will be present at the VIA BREMEN joint pavilion. The Neustädter Port, operated by BLG Cargo Logistics, is Europe’s largest breakbulk and heav
Cal Dive International, Inc. reported a first quarter 2014 loss of $13.1 million, or $0.14 per diluted share, on revenues of $119.1 million. This compares to a loss of $17.7 million, or $0.19 per diluted share, on revenues of $80.9 million for the first quarter 2013. For the first quarter 2014, the
Statoil Petroleum AS, operator of production licences 120 B/Gimle Unit, has completed drilling of an observation well with exploration targets, 34/10-C-18 A. The well was drilled on the eastern flank of the Gimle field, which is located between the Gullfaks and Visund fields in the northern part of
