Aker Solutions is establishing an office in Ålesund, Norway, to connect with the engineering competence in the region and thereby facilitate further growth for the oil services company. The Ålesund region and its marine industry is renowned for highly skilled and competent engineers. The new office
Statoil and Rosneft signed a cooperation agreement. The companies have agreed to jointly explore offshore frontier areas of Russia and Norway and to conduct joint technical studies on two onshore Russian assets. The agreement also envisages Rosneft’s acquisition of participating interests in selecte
When all four propeller blades of a 100-meter general cargo vessel were severely bent, a repair was required by the classification society. Hydrex therefore performed a detailed video inspection, followed by a repair while the vessel was berthed in Ghent, Belgium. To make a full assessment of the da
SeaBird has announced solid financial performance in the first quarter of 2012. HIGHLIGHTS – While still a challenging market environment, the first quarter showed signs of improving customer demand. Fleet utilization increased from 60% in the fourth quarter of last year to 65% for the first quarter
Charles Hendry, Minister of State at the Department of Energy and Climate Change (DECC) visited Alderney to meet members of the management team of Alderney Renewable Energy (ARE). ARE has ambitious plans for developing tidal power in the coastal waters around Alderney. In partnership with French ind
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announces that it is strengthening its technology and engineering competence through two separate transactions. Seaonics AS (“Seaonics”), a subsidiary of STX OSV, is in the p
T.D. Williamson (TDW) announced the successful development and field deployment of the Subsea 1200RC Tapping Machine, its new compact remote-controlled subsea hot tapping machine.The system, which is extremely lightweight, allows hot tapping to be carried out from the safety of a Diving Support Ve
Kongsberg Gruppen (KONGSBERG) reported a solid first quarter in 2012. Q1 operating revenues came to MNOK 3 836, and the EBITA totalled MNOK 482. This resulted in an EBITA margin for the Group of 12.6 per cent, compared with 13.8 per cent in Q1 2011. Earnings per share (EPS) came to NOK 2.66 in Q1 [&
Plexus Holdings PLC, the AIM quoted oil and gas engineering services business and owner of the proprietary POS-GRIP® friction-grip method of wellhead engineering, announces a new order worth £1.3 million from BG International Ltd (‘BG International’), a wholly owned subsidiary of BG Group plc, to su
As work progresses on the installation of the new Teesside Offshore Windfarm, special measures are being taken to ensure the protection of marine mammals and other wildlife. The wind farm being established by EDF Energy Renewables is located 1.5km off the north east coast at South Gare, Redcar. Work
TGS reports net revenues of USD 191 million in Q1 2012, compared to USD 132 million in Q1 2011, a 45% increase. This is the highest quarterly revenue figure in the Company’s history. Investments were USD 101 million, up 132%. TGS’ backlog amounted to USD 242 million at the end of Q1 2012, representi
Last month Hydrex mobilized a diver/technician team to a 145-meter general cargo vessel in Las Palmas, Spain when oil was leaking from the stern tube seal assembly of the ship. The team used the Hydrex flexible mobock technique to create a dry working environment around the assembly and replaced thr
Superior Energy Services of Houston, Texas, took delivery of one of the most advanced maritime training simulators ever developed, in April 2012. The next-generation simulator from Kongsberg Maritime will be used to provide integrated, real-time training for Superior’s offshore marine personnel at i
Nautronix have been awarded a three year contract by the Norwegian SURF contractor, Ocean Installer AS, for the supply of survey services to support their offshore construction activities. The contract includes the provision of onshore and offshore survey services in support of tendering and project