Subsea
Eidesvik Announces Operating Results (Norway)
Eidesvik announces that the operating profit before depreciation (EBITDA) for Q4 2012 was MNOK 121,9 compared to MNOK 125,4 for the same period last year. Operating income was MNOK 223,7 compared to MNOK 244,3 for the same period last year. Profit for the quarter was MNOK 38,5 compared to MNOK -5,1
Badger Explorer Inks Sponsorship Agreement with Wintershall, Norway
Badger Explorer ASA (“BXPL”) has signed a sponsorship agreement with Wintershall Holding GmbH, acting through Wintershall Norge AS (“Wintershall”), whereby the company will co-sponsor the development of the Badger autonomous drilling tool through the Badger Explorer Demonstrator Program. The Demonst
Deep Sea Researchers Receive Humboldt Memorial Award for Investigating Biodiversity of Arctic Ocean
Dr. Bodil Bluhm from the University of Alaska Fairbanks and deep sea researchers of the Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research, received the 2012 Alexander von Humboldt Memorial Award, Thursday, 21 February 2013, in Frankfurt am Main. The group of researchers invest
Marine Scotland Science Undertakes CARIS HIPS and SIPS Training in UK
Marine Scotland Science (MSS) recently undertook CARIS HIPS and SIPS training conducted by CARIS BV’s Michal Borkowski at the Marine Laboratory in Aberdeen, UK. The purpose of the training was to focus on streamlining workflows and processes with their multibeam data. MSS received training a number
Maersk Oil UK Gets Balloch Field Development Approval
Maersk Oil UK announced that the company had received FDP (Field Development Plan) approval from the Department of Energy and Climate Change for the Balloch oil field, 140 miles north east of Aberdeen in the Central North Sea. Balloch, which Maersk Oil holds a 100% interest in, was discovered in 201
Penspen Launches New Integrity Management Systems Business (UK)
Owing to a growing portfolio of work in the field of Integrity Management Systems (IMS), Penspen is pleased to announce the launch of a specialised IMS business division within its Integrity stream. IMS offer an integrated approach to the proactive management of assets be they pipelines, terminals,
Harper Government Announces Contracts for Joint Support Ships (Canada)
The Harper Government announced, on February 22, a series of preliminary contracts valued at a total of $15.7 million for the joint support ships, the CCGS John G. Diefenbaker polar icebreaker and the offshore fisheries science vessels. “The Harper Government created the National Shipbuilding Procur
UK: Nexans Supplies Submarine Cables for Westermost Rough Wind Farm
Westermost Rough Ltd, London, and Nexans recently signed an agreement for the delivery and assembly of medium-voltage submarine cables for the Westermost Rough wind farm, which is to be built eight kilometres off the Holderness coast in Yorkshire. The order encompasses around 53 kilometres of submar
Prime Minister Opens Prysmian UK’s New High Voltage Testing Laboratory
UK Prime Minister David Cameron opened last week the new High Voltage testing laboratory at Prysmian Group’s Eastleigh manufacturing plant. Representing an investment of £2m, the laboratory will be a central resource for Prysmian’s worldwide manufacturing of high voltage power transmission cable. Al
Statoil’s Hyme Field Comes On Stream, Norway
On 25 February Statoil and its partners began production from the Hyme oil field in the southern part of the Norwegian Sea. Hyme is the second of Statoil’s 12 fast-track projects. “The field came on stream one month earlier than we assumed in the Plan for Development and Operation (PDO). The project
GC Rieber Shipping Reports Record EBITDA in Its History (Norway)
GC Rieber Shipping reports its best EBITDA in the company’s history for the fourth quarter 2012 and full year 2012. The company had stable operations, with high fleet utilization and solid contract coverage. The market outlook for advanced vessels in the seismic, subsea and ice/ support segments are
SGS Holds QHSE in Wave and Tidal Projects Presentation at Renewable UK Conference
Recently SGS held a presentation on quality, health, safety and environment (QHSE) in wave and tidal projects at the Renewable UK (RUK) Health and Safety Conference in Sheffield. SGS Global Renewables QHSE Manager, Jim Green was a guest presenter at the January 2013 Renewable UK (RUK) Health and Saf
Subsea 7 Wins Subsea Installation Contract Offshore Norway
Subsea 7 S.A. announced the award of a pipelay and subsea installation contract valued at approximately US$160 million from Statoil at the Oseberg Delta 2 field, located approximately 130 kilometres west of Bergen in the North Sea. The contract includes the design, fabrication and installation of tw
Top News of the Week of Feb 18 – Feb 24, 2013
1. DeepOcean Bags Largest Contract in Its History (Norway) DeepOcean AS (“DeepOcean”), a subsidiary of DeepOcean Group, has been awarded the single largest contract in the history of the company since it was founded in 1999. The contract is for a firm period of 5 years starting in the first quarter