In the meeting of 16 November 2012 the Supervisory Board of Fugro N.V. has decided to the following changes in Fugro’s top management. The Supervisory Board and Arnold Steenbakker have jointly agreed that Steenbakker will step down as Chairman of the Board of Management of Fugro N.V. and will leave
DW forecast that approximately $77bn will be spent on subsea vessel operations in field development, inspection, repair & maintenance (IRM) and subsea well intervention between 2012 and 2016. This is an increase of 63% over the preceding five-year period. Global vessel demand for these markets is ex
The RYA is concerned that leases for tidal energy projects at sites around the UK confirmed by the Crown Estate on 14 November, have been granted with no specific planning parameters that reference the safety of navigation for coastal mariners. Stuart Carruthers, RYA Cruising Manager: “We are disapp
DeepOcean has for the first time installed a subsea X-Mas tree from the specialised IMR vessel Edda Fauna. This is a milestone in the company’s IMR work for Statoil. DeepOcean has three ships that work year round performing several hundred different annual inspection, maintenance and repair work ann
Tocardo, the leading producer of tidal and free-flow water turbines, has appointed Radboud van Kleef as Chief Commercial Officer. Radboud brings over 15 years’ experience in business development and know-how to grow companies. He has worked in an international corporate environment across a variety
DOF ASA , a company which serves the subsea market, announces the total income for the 3rd quarter of 2012 was NOK 63.1 million (NOK 92.0 million in 3rd quarter 2011), with an EBITDA of NOK 57.6 million (NOK 54.9 million) and an EBIT of NOK 46.8 million (NOK 35.5 million) after depreciation and writ
“One of the great challenges of our time is to meet the world’s increasing demand for energy, while at the same time tackling the global climate challenges in a responsible manner,” says Statoil CEO Helge Lund at the 2012 Autumn Conference. Statoil believes that more forceful international measures
Nordic marine energy technology leader Minesto, with a proven technology to cost efficiently produce electricity from low velocity tidal and ocean currents, has been authorized by the Crown Estate in the UK to perform tidal energy tests in the waters off Northern Ireland. The upcoming tests of Mines
SMD CEO, Andrew Hodgson has been named The Journal’s business executive of the year for 2012. Hodgson, picked up the top honour at the North East Business Executive of the Year awards, sponsored by Brewin Dolphin, after one of the most successful years in the Wallsend firm’s history. Since the forme
DOF Subsea Group has secured multiple contract awards in Asia Pacific, the Mediterranean and in the Gulf of Mexico over the last couple of weeks, with a total contract value of about USD 50 million. In the Asia Pacific region DOF Subsea has secured several contracts for a four month campaign offshor
On the 19th of October 2012 ITW Densit finalized its part in the famous London Array project. For almost two years, ITW Densit has been working on both offshore and onshore grouting within the London Array project. This included offshore and onshore grouting of 175 wind turbines and the two offshore
TenneT Offshore GmbH has announced tender invitation for supply of subsea cables. The project includes manufacturing, supply and installation of AC submarine cables, including fibre optics, in the region of the cluster SylWin designed for a transmission capacity of up to 300 MW per wind farm and a p
Scotrenewables Tidal Power Limited, founded and based in Stromness, was this week awarded an ‘Agreement for Lease’ from the Crown Estate for a commercial tidal energy demonstrator project to be located at Lashy Sound between the islands of Eday and Sanday in Orkney. The award from Crown Estate, the
ViaLogy PLC announces it has initiated work on a North Sea project for one of the largest geosciences companies. In developed fields such as the North Sea the challenge of locating additional deposits is a well-known impediment to continued economic production. Yet exploitable reserves remain if the
