Nexans, a worldwide leading expert in the cable industry, has been awarded a 75 million euro contract by Statoil to design, manufacture and supply a total of 165 km of static and dynamic power umbilical and power cables, as well as necessary accessories, for the Åsgard oil and gas field in the Norwe
On Tuesday November 8, Federal Chancellor Angela Merkel – together with President Dmitry Medvedev and the Prime Ministers of France François Fillon and the Netherlands Mark Rutte and EU Energy Commissioner Gunther Oettinger – will formally inaugurate the first of Nord Stream’s twin 1,224 kilometre
Subsea 7 S.A. announced results for the third quarter 2011 which ended on September 30, 2011. The combination between Acergy S.A. and Subsea 7 Inc. was completed on January 7, 2011. Upon completion, Acergy S.A. was renamed Subsea 7 S.A. As a result of the combination and the change in fiscal year, t
On 1 November 2011 Francisco Gutierrez joins GeoAcoustics as Product Manager. His main responsibility will be to support the internal- and external salesteam. Francisco’s tasks are to prepare and execute product demonstrations, publish technical papers and support the GeoAcoustics product evolution
Kvaerner had operating revenues of NOK 2 623 million in the third quarter. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 169 million, resulting in an EBITDA margin of 6.2 percent. “The third quarter has been a solid operational quarter, with financial results
The World leading technology company, Emerson Process Management, has become a partner in NCE Subsea. – To us this is about increased visibility, but we also feel we have something to offer NCE Subsea, says Hege Forus, Information Manager at Roxar, which is owned by Emerson Process Management. This
ION Geophysical Corporation announced that it has acquired an additional 5,200 km of regional seismic data from offshore Northeast Greenland, bringing the total kilometers the company has acquired in the region over the last two seasons to nearly 18,000. The Arctic is one of the least explored, most
ABB, the leading power and automation technology group, signed a three-year frame agreement worth $33 million with BP Norway for maintenance, modification and service of the safety and automation systems of all of its oil field operations on the Norwegian continental shelf. The agreement signed in t
As an industry that is responsible for managing a significant portion of the UK seabed, the marine aggregate sector recognises that it has an important role to play in protecting the biodiversity of the sea around our shores. The sector already has a well established sustainable development strategy
Continuing on the path of success, Welltec has recently completed another excellent clean-out job for a major operator on the Norwegian Continental Shelf. A well was experiencing problems with fill all the way up to surface of a popular resin often used instead of cement. Welltec quickly mobilized t
The Board of Directors of Saipem S.p.A. approved Saipem Group’s Interim Report as at September 30, 2011. Investments in the third quarter of 2011 amounted to Euro 257 million (Euro 371 million in the third quarter of 2010) and included: – Euro 76 million in the Offshore Engineering & Construction se
The medieval Swedish port of Visby has closed for the season. The wealthy party kids of Stockholm have long since left their summer playgro… (Bloomberg) mappress] Source: Bloomberg ,October 30 , 2011;
A snapshot of people working world-wide with remotely operated vehicles (ROVs) on two days in February and August 2010 – and the number of vehicles in use on the same two days – is revealed by the latest statistics produced by the International Marine Contractors Association (IMCA). These show that
Nexans announced 2011 third quarter sales of 1,711 million euros (at current non-ferrous metal prices), or 1,127 million euros at constant non-ferrous metal prices, which corresponds to organic growth of 3.9%. For the first nine months of the year, the organic growth in sales was 6.8% compared with
