Subsea
PSA Carries Out Audit of Statoil Development and Production Norway
The Petroleum Safety Authority Norway (PSA) carried out an audit of Statoil Development and Production Norway’s (DPN’s) follow-up and monitoring during the period 20 February – 10 April 2013. The audit activity was limited to verifying how Statoil DPN Operations West, through its own follow-up, main
Ithaca Executes Farm-Out Transaction with Shell UK. Commences Norvarg Appraisal Well
Ithaca Energy Inc. (“Ithaca” or the “Company”) announces the execution of a farm-out transaction with Shell UK Limited (“Shell”) in respect of the UK exploration assets acquired pursuant to the acquisition of Valiant Petroleum plc (“Valiant”), completed on 19 April 2013 (the “Acquisition”). The Comp
Switzerland: ABB Chief Technology Officer Leaves the Company
Chief Technology Officer, Prith Banerjee, who joined ABB in 2012, has decided to leave ABB for family reasons. He will be relocating to the United States where he will be taking another position outside the company. A successor will be announced in due course. “Prith has brought new momentum to ABB’
UK: SeaRoc and McLaughlin & Harvey Join Forces in Tidal and Wave Energy Projects
International marine engineering companies SeaRoc and McLaughlin & Harvey have announced a partnership to provide construction, installation and operation & maintenance services to tidal and wave energy developments. The companies have highly complementary competencies and capabilities and over the
HMS Ledbury Finds Historic Sea Mine in Weymouth Bay, UK
HMS Ledbury has found the remains of a German sea mine from World War 2 on the very first day of her deployment. The mine was found by HMS Ledbury during a period of training to ensure the Royal Navy mine hunter is ready to operate as part of the Standing NATO Mine Countermeasures Group […]
Top News of the Week of May 06 – May 12, 2013
1. MMT, Reach Subsea Establish JV Within Offshore Survey Operations MMT Group AB (Gothenburg, Sweden) and Reach Subsea AS, an integrated Subsea Service Provider (Haugesund Norway), have signed a Letter of Intent for the purpose of establishing a new Joint Venture within Offshore Survey Operations. 2
HMS Protector Returns Home to Portsmouth, UK
HMS Protector, the Royal Navy’s Ice Patrol Ship, returned home to Portsmouth today (Friday May 10) marking an end to her nine month deployment to the ‘Frozen Continent’. HMS Protector deployed from Portsmouth on September 17 2012 and passaged south via St Helena, Simon’s Town in South Africa and Tri
CNRS Invites Tenders for Coastal Oceanographic Vessel Construction (France)
CNRS has invited tenders for the construction of a coastal oceanographic vessel equipped for navigation complete with instruments for scientific research purposes. The vessel is to be used in and around the Port de Villefranche-sur-Mer in France. The proposed value of the contract is 750,000 EUR, an
UK: Tekmar Invests in New Facility and Job Creation
Tekmar, the leading subsea technology company, has announced a £1million investment programme, which will more than treble the size of its North East England facility and create in excess of 30 new jobs. The Newton Aycliffe-based company is the market leader for the supply of offshore wind cable pro
UK: Faroe Petroleum Names New Chief Financial Officer
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, announces the appointment of Jonathan Cooper as Chief Financial Officer. Jonathan Cooper is a chartered accountant by tra
Italy: Prysmian Reports First Quarter 2013 Results
The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first quarter 2013 (which are not subject to audit). Highlights: – SALES: €1,711 MILLION (€1,874 MILLION IN 1Q 2012; ORGANIC CHANGE -7.6%) – ADJ EBITDA1: €115 MILLION (€130 MILLION IN 1Q 2012; -11.6%) – A
Switzerland: ABB’s CEO Hogan Resigns
ABB Chief Executive Officer Joe Hogan has decided to leave ABB for private reasons. A date for his departure has not yet been decided. Hogan will continue to lead ABB until a successor is announced. He is committed to a smooth transition. “Joe is a great and successful CEO and has done a remarkable
Bowtech Receives Equipment Supply Contract from ROVOP (UK)
Bowtech Products Ltd, a global market leader in subsea vision systems, announced that it has been awarded a contract by ROVOP to supply cameras and lights, which will equip two new ROV systems. ROVOP has recently invested a further £4 million in two new vehicles as part of their planned expansion ov
UK: Osiris Projects Purchases SeaBat T20-P from Teledyne RESON
Osiris Projects has announced the purchase of the new SeaBat T20-P from regular supplier Teledyne RESON. The first addition to the SeaBat T-Series, the T20-P is a highly portable multibeam echo sounder designed for smaller vessels, and features a range of features ideally suited to high quality shal