Subsea
VIDEO: MH370 Towfish Trials
The search for missing Malaysian Airline has now covered over 22,000 square kilometres of the seafloor, which is around 36 per cent of the priority search area. Assuming no other significant delays with vessels, equipment or from the weather, the current underwater search area may be largely complet
Interwell UK Reports Change in Management
Interwell UK has announced the departure of its managing director, Andrew Louden. The company said that Louden has decided to pursue a new challenge and has handed the reins of responsibility to David Aitken, who has worked alongside him since the UK’s inception in January 2011. Louden joined Interw
Nexans Narrows Losses
Nexans has ended 2014 with a net attributable loss of 168 million euros, compared with a 333 million euro net loss in 2013. According to the company, the loss is mainly because of the recognition of a non-recurring 197 million euro net asset impairment, notably for goodwill in Australia, North Ameri
VIDEO: Kongsberg Underwater Noise Monitoring
The Marine Safety Framework Direcitve (MSFD) will soon require EU Member States to have strategies in place for monitoring and, where necessary, mitigating underwater noise. Kongsberg Maritime has designed and developed underwater monitoring systems, such as Seaglider, AMBS and RUNES. Seaglider is d
Aker Solutions Profit Rises
Aker Solutions revenue rose 21 percent to NOK 9.2 billion in the fourth quarter of 2014 from a year earlier, helped by strong progress on major projects across the global business. Earnings before interest and taxes (EBIT) climbed to NOK 557 million in the quarter from NOK 486 million a year earlier
EMGS Sells Barents Sea Data
Electromagnetic Geoservices ASA (EMGS), a provider of EM technology to the offshore market, announced a sale from its multi-client library in the Barents Sea. The company will receive uplift revenues of USD 2.5 million related to the licensing round for mature areas on the Norwegian continental shel
Cook Islands Assists Owners with Wreck Removal Certificates
Maritime Cook Islands will assist owners of vessels not registered in a State Party to obtain Wreck Removal Certificates after the Nairobi Wreck Removal Convention comes into force on 14 April 2015. The convention requires all ships over 300 GT (including fishing vessels and commercial yachts) to ha
Ofgem Appoints OFTO for Gwynt y Môr
Ofgem has granted Gwynt y Môr OFTO plc a licence to own and operate the £352 million transmission link to the Gwynt y Môr offshore wind farm. Competitive tendering for ownership of the assets has driven down costs for consumers. The regime has delivered over £800 million of investment in the last 6
Ulstein Gets New Design Manager
Ulstein Design & Solutions has hired Bernt-Aage Ulstein as new Design Manager. He is a Master of Science (MSc) and an MBA, and comes from the position as Technical Director in Rolls-Royce Marine AS, dept. Propulsion. “We are very pleased that Bernt-Aage Ulstein has accepted the position as Design Ma
Hydro Group Unveils New Capabilities at Subsea Expo
Aberdeen based, Hydro Group, a global designer and manufacturer of underwater cables and connectors for subsea, underwater, topside and onshore applications, will unveil new machinery and subsea cabling capabilities at the Subsea Expo in Aberdeen. Graham Wilkie, Sales Director at Hydro Group said: “
FMC Technologies Axes 2000 Jobs
Tough times in the oil industry have also started affecting the subsea sector as the oil service company FMC Technologies is reportedly reducing its company-wide headcount by 10 percent. The Houston-based subsea specialist, which roughly employs 20,100 people in 17 countries, is next in line to axe
Sonardyne Bags Another 6G Order at Subsea Expo
Sonardyne International, UK, has announced that Seatronics, an Acteon company, is to take delivery of £1 million worth of its 6G acoustic positioning technology. The contract was placed on Day 2 of the Subsea Expo 2015 exhibition and conference in Aberdeen. The 6G equipment ordered by Seatronics is
TUC Man Wins Outstanding Contribution Award at Subsea UK
Alf Leadbitter, Diver Training Authority at The Underwater Centre in Fort William, has received the award for Outstanding Contribution to the Subsea Industry at the annual Subsea UK Awards in Aberdeen. The award is in recognition of the impact made by an individual to the subsea sector over the cour
Nexans’ Subsea Cables for NordLink Project
The Norwegian and German power grids will be able to share green energy directly for the first time thanks to Nexans submarine HVDC (high voltage direct current) cables to be installed as part of the NordLink project. Nexans will design, manufacture and install two 525 kV cable subsystems, with a to