NKT’s revenue development for 3rd quarter 2011 was in line with expectations. Earnings increased by 15%, positively influenced by satisfactory results for both Nilfisk-Advance and NKT Flexibles. For NKT Cables, the factory in Cologne showed improved productivity but continued to impact earnings nega
Wood Group PSN has been awarded a new five-year contract, with an option to extend for a further five years, from Talisman Energy (UK) Limited, a subsidiary of Talisman Energy Inc, to provide Operations and Maintenance Services on all 11 of Talisman’s UK offshore assets and at the Flotta Oil Termina
The new multi-purpose research vessel R/V Ramon Margalef, which belongs to the Spanish Oceanographic Institute (IEO), was undergoing sea trials when the Science Ministry decided to move it to the Canary Islands to follow up on the activity of the volcano on El Hierro Island. The vessel was only deli
Zaliv commenced construction of the next order of Ulstein (Norway): in the graving dock of shipyard the laying up of the hull of Inspection Maintenance and repair offshore vessel took place. On November 7 the second block was installed in the dock thus making the total weight of installed structures
The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focused producer, developer and explorer of oil and gas assets, announces that the Company, through its wholly owned subsidiary Malta Oil Pty Ltd, has now entered into a contract with Fugro-Geoteam Pty Ltd , who will undertake the
Worldwide underwater ship maintenance specialists UMC International and Dutch based marine propeller repair specialists… (marinelink) [mappress] Source: marinelink, November 14, 2011
Technip was awarded by Lundin Petroleum a lump sum contract, worth approximately €100 million, for the Brynhild field development. This field, previously known as Nemo, is located in the Norwegian North Sea a few kilometers East of the boundary to UK waters at a water depth of around 80 meters. This
Reef Subsea AS announced that they have acquired from Rotech Group 100% of their Rotech Subsea group of companies headquartered in Aberdeen, Scotland. With this friendly and strategic acquisition, Reef Subsea creates a world leader in Seabed Dredging and Mass Flow Excavation services with offices in
The 1,000-megawatt (MW) subsea power cable linking the British and Dutch markets will undergo planned maintenance work for… (Reuters) [mappress] Source: Reuters, November 11, 2011; Image: BritNed
National Grid and RTE are jointly developing an Electrical Interconnector (HVDC) between Great Britain and France. This notice concerns a subsea survey under supervision of a marine consultant. The main activities expected to be included (non exhaustive) will be a marine geophysical, geotechnical an
Aker Solutions has signed a contract with Lundin for the engineering, procurement and construction of a subsea production system for the Brynhild project on the Norwegian continental shelf. The contract value is approximately NOK 700 million. The scope of work includes one template-manifold structur
Lundin Petroleum AB through its wholly owned subsidiary Lundin Norway AS announces the approval from the Norwegian Ministry of Petroleum and Energy of the Plan for Development and Operation (PDO) for the Brynhild field in PL148, located in the Norwegian North Sea. First production from the Brynhild
For two major North European utilities ( Fingrid Oyj and Svenska Kraftnät ) LIOS Technology provided its most advanced multimode Distributed Temperature Sensing (DTS) systems to monitor the HVDC subsea link between the two utility grids. The electricity transmission connection is crossing the Gulf o
Investec Project and Infrastructure Finance, (‘Investec’), part of Investec Bank plc. has recently completed a new senior debt facility for… (Angel News) [mappress] Source: Angel News, November 10, 2011
