Divers from minehunter HMS Middleton swapped England’s south coast for the warm waters of Gibraltar for a week of high-tempo training. The five-strong team made full use of the facilities on the Rock, practising search techniques, helping stricken divers, lifting mines from the seabed and carrying o
As of 2013 Kongsberg Oil & Gas Technologies (KOGT) is reported as a seperate business area. KONGSBERG had high level of activity in Q1 2013. Operating revenues totalled MNOK 4 033, up 5.1 per cent from Q1 2012. EBITDA came to MNOK 500 in Q1, compared with MNOK 550 in the same period last year. [&hel
Partrac and Rockland Scientific have announced a Strategic Partnership to provide turbulence measurement solutions for the UK and European tidal energy industry. Rockland Scientific, based in Victoria, British Columbia, Canada, specializes in the design and manufacture of turbulence measurement inst
Regarding the sale of FPSO Voyageur Spirit to Teekay Corporation, Sevan Marine announces that the transfer of title to the FPSO Voyageur Spirit to Voyageur LLC is scheduled to take place on Thursday, May 2, 2013. Recently the FPSO began oil production at Huntington field in the Central North Sea. Th
BP announced its financial results for the first quarter of 2013. Underlying replacement cost profit for the quarter was $4.2 billion, compared to $3.9 billion in the fourth quarter and $4.7 billion in the first quarter of 2012. Operating cash flow in the quarter was $4.0 billion, compared with $3.4
AREVA Wind, one of the leading manufacturers of offshore wind turbines, is expanding its offshore service base. The company has celebrated the start of the base construction in Emden, together with the City Mayor Bernd Bornemann. The base at Emden offers the best nautical conditions for maintenance
International oilfield specialist Glacier Energy Services formally opened the north-east base of its Wellclad business in Boldon – creating up to 22 new jobs in an investment worth more than £325,000 – as part of a major growth plan. Jarrow MP Stephen Hepburn met workers as he opened the office and
Jee Ltd, a leading subsea engineering and training firm, has just completed a contract with Technip Offshore Wind Ltd for the provision of subsea power cable installation engineering on a new and innovative offshore wind farm project. Jee provided Technip with valuable information about the safest a
Fuglesangs AS announced that it has initiated to spin-off its subsea pump business into a newly formed entity to be called Fuglesangs Subsea AS. The spin-off is being effected to allow Fuglesangs Subsea to increase its focus on the rapidly growing subsea pumping and processing markets. Following the
Sea Fibre Networks (SFN), owner and operator of Europe’s most advanced sub-sea telecoms network, CeltixConnect, announced an expansion of their C-Fibre portfolio from the greater Dublin area to Paris, via London. Demand for high capacity bandwidth and low latency solutions connecting Paris is largel
Fairfield Energy, the North Sea-focused independent oil and gas company, announces the start of a 400km² Broadband 3D seismic survey over their recently awarded 27th Round Licence P2089 Block 43/28. The survey will be acquired by Polarcus and will fulfil the firm commitment work programme on the lic
Aker Solutions has decided to disclose preliminary information on its performance in the first three months of 2013 as the results considerably lag current consensus market estimates. Aker Solutions expects to report revenue of NOK 11.1 billion and earnings before interest, tax, depreciation and amo
Osiris Projects had a successful and busy week at Ocean Business, where over 300 companies from 27 countries exhibited, and over 4000 visitors from 65 countries attended over the 3 days, an increase of 29% on 2011 figures. The 173 workshops held during the week were hugely popular with 2256 bookings
The largest indoor test facility ever before dedicated to the development of unmanned underwater vehicles has been opened by Saab Seaeye. Located in Linköping, Sweden, the test tank will allow new underwater systems technology to be trialled and tested in a controlled environment rather than in a la
