FES International, a global provider of fluid transfer systems, has announced the completion of the first phase of a major new project with Saipem Drilling, in which it supplied a range of products, enabling fluid flushing and pressure testing to support the delivery of the Nord Stream consumer gas
The Belgian Navy has added to its fleet of Autonomous Underwater Vehicles (AUVs) from Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of AUVs. Two new REMUS 100 AUVs will enable the Belgian Navy to detect underwater mines, improvised explosive devices and other undeton
Aker Solutions reported an 18 percent increase in revenues and a solid operating result in the fourth quarter of 2011, reflecting strong market conditions and high activity in the oil and gas industry. Revenues in the fourth quarter of 2011 amounted to NOK 11 600 million, compared with NOK 9 794 mil
OceanServer Technology, Inc. has recently delivered two AUVs to SC Marine Research SRL located in Bucharest, Romania. Marine Research is a new and dynamic company devoted to the research of aquatic environments in and around Romania. The two IVER2 systems will initially be used to map the sea bottom
Alexey Miller, Chairman of the Gazprom Management Committee held a meeting on the South Stream project implementation. Taking part in the meeting were Leonid Chugunov, Head of the Project Management Department, Pavel Oderov, Head of the International Business Department, and Marcel Kramer, Chief Exe
The Subsea UK Global Export Award 2012, sponsored by Scottish Enterprise, was presented to Bowtech Products Ltd of Aberdeen at the Subsea UK 2012 Business Awards Dinner held on Wednesday 8th February 2012. Held at the Aberdeen Exhibition and Conference Centre, attended by over 750 of their peers, th
Aker Solutions has been awarded a contract by Statoil to deliver six subsea trees and a tool package for Troll on the Norwegian continental shelf. Estimated contract value is NOK 350 million. Scope of work includes six subsea trees, with a possible option for nine further subsea trees, including con
Petrofac, the international oil & gas service provider, announces that it has acquired the entire share capital of KW Limited (KW). Based in Fetcham, near Woking, with an office in Aberdeen, KW is a high-end subsea pipeline consulting and engineering services business with an established reputation
On February 14, 2012, Technip’s Board of Directors approved the audited full year 2011 consolidated accounts. FULL YEAR 2011 RESULTS • Revenue of €6,813 million, of which €2,972 million in Subsea • Group operating margin1 of 10.4% • Net income of €507 million « Fourth quarter 2011 order intake of €2
Black Sea Fleet (BSF) hydrographic ship GS-86 returned from survey mission in the Black Sea Fleet. Within the responsibility zone of BSF Hydrographic Service spreading from Ai-Todor Cape to Tarhankut Cape, the crew has performed night inspection of lighthouses and marine lights, tested leading beaco
ABB reported an increase in profitability in the fourth quarter of 2011 on a combination of strong revenue growth and cost savings. For 2011, the company reached $40 billion in orders for the first time ever and reported record revenues of $38 billion. Operational EBITDA, the measure of profitabilit
Coastline Surveys Ltd has completed a major contract for a geotechnical survey and laboratory analysis in support of the MoD’s capital dredge campaign in Portsmouth Harbour. The programme is to support the extensive upgrade and deepening of the channel. The pre-dredge geotechnical survey involved th
Prysmian Group, world leader in the energy and telecom cables and systems industry, has been awarded a record contract worth approximately 800 million Euro, the highest value ever awarded in the cable business, for the development of Western HVDC Link, a new submarine High Voltage Direct Current (HV
OceanWorks International announces the successful delivery of a major system upgrade, Lloyd’s certification renewal and completion of sea trials for the Turkish Navy’s Atmospheric Diving Suit system. After 5 years of operation, the Turkish HARDSUIT™ Atmospheric Diving System (ADS) was returned to Oc
