Subsea
Bluestream, Sky-Futures Team Up in Oil and Gas Inspection
Bluestream Offshore and Sky-Futures have announced a partnership providing a turn key offshore inspection service to the Dutch North sea Oil and Gas market. The move further enhances both companies’ positions as leaders in the offshore oil and gas inspection market. The relationship will provide cli
Boskalis Acquires Interest in Fugro
Royal Boskalis Westminster N.V. (Boskalis) has acquired a 14.8% stake in Fugro N.V. Boskalis views Fugro as an interesting company with activities that fit very well with its own activities and wants to enter into a dialogue with Fugro to explore possible options for cooperation, the Company said in
SCHOTTEL HYDRO Established in Germany
SCHOTTEL, a manufacturer of ship propulsion solutions, has founded a new subsidiary – SCHOTTEL HYDRO GmbH. The new company will incorporate SCHOTTEL’s hydrokinetic energy business. SCHOTTEL HYDRO comprises activities in three segments: hydrokinetic turbines, semi-submerged platforms and components,
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (November 03 – November 09). The safe installation of the 6,500 tonne structure by the deepwater construction vessel Aegir marks the beginning of the Project’s major installation campaign in the
Aker Solutions: No Job Cuts at Egersund
Norwegian broadcaster NRK today reported that Aker Solutions’ fabrication yard in Egersund, Norway, will be letting 1,500 temporary workers go after the new year. Aker Solutions stated that while it is common practice at the yard to adjust the temporary workforce to existing activity levels, no deci
Alstom Tidal Devices Hit 1GWh (Scotland)
As part of their testing programmes at the European Marine Energy Centre (EMEC) in Orkney, Scotland, Alstom’s tidal devices have now generated over 1GWh of electricity, in actual operating conditions, to the Scottish grid. Alstom’s 1MW tidal turbine, deployed in 2013 as part of the ReDAPT project, a
AWI Scientist Recognised by Werner Petersen Foundation
AWI deep-sea expert Prof. Dr. Antje Boetius was honoured with the special professorship of the Werner Petersen foundation. This award is worth 20 000 Euro and includes a guest professorship at the GEOMAR Helmholtz Centre for Ocean Research in Kiel, Germany. Prof. Dr. Antje Boetius Antje Boetius stud
Subsea Processing to Rise, Research Says
According to research firm TechNavio, the Global Subsea Processing Market is expected to grow in tandem with rising global demand for oil and gas, projecting a CAGR of 18.5 percent from 2014-2018. Governments worldwide are focusing on subsea processing technologies to increase their overall producti
Bibby Offshore Scoops Investment in People Award
Bibby Offshore, a provider of subsea installation, inspection, repair and maintenance services to the offshore oil and gas industry, has won the Investment in People award at the 2014 Oil & Gas UK Awards. The winners were announced last night (Thursday 6 November 2014) at the Aberdeen Exhibition and
Prysmian Down 20 Pct, Confirms Full-Year Guidance
Prysmian, the manufacturer of cables used in the energy and telecoms industries, has reported a drop in earnings for the first nine months of 2014 of approximately 20 percent. Prysmian’s adjusted EBITDA amounted to €355 million (€442 million in the first nine months of 2013). Excluding the adverse i
Havyard’s Newbuild Named
Fosnavåg, Norway, has witnessed the namig ceremony of Havyard’s newbuild 115 ‘African Inspiration’, with Minister of Finance, Siv Jensen, as its godmother. The Minister of Finance christened the 113-meter vessel yesterday in the presence of many spectators, including Taofik Adegbite, co-founder, o
Aker Makes Less, Revenue Up
Aker Solutions’ third-quarter attributable profit dropped to NOK 265 from NOK 349. Earnings per share fell to NOK 0.97 from NOK 1.29 a year earlier. However, Aker’s revenue rose 22 percent to NOK 8.3 billion in the third quarter of 2014, boosted by increased work at major subsea projects in Norway a
Alcatel-Lucent Wraps Up Optoplan Acquisition
Alcatel-Lucent’s subsidiary Alcatel-Lucent Submarine Networks has closed the acquisition of Optoplan AS, a provider of 4D permanent reservoir monitoring (PRM) solutions used in offshore oil and gas production. Based in Trondheim, Optoplan has developed a 4D PRM technology for seismic surveys of oil
Kongsberg Launches New Monochrome CCD Camera
Kongsberg Maritime, a leading developer of underwater imaging products has launched an all new high resolution monochrome CCD camera. The OE15-100D camera is smaller yet has a deeper rated housing and wider Angle of View (AOV) in water than any of its predecessors, whilst maintaining KONGSBERG’s exc