Nautronix are delighted to have won the Innovation and Technology Award, sponsored by Simmons & Company International for their NASeBOP (Nautronix Emergency BOP Acoustic Control) System at the Annual Subsea 2012 Business Awards. This prestigious award is a major achievement in recognition for the ad
The second license round offshore Cyprus opened 11th of February 2012. There will be official opening presentations by the Ministry of Commerce, Industry and Tourism of the Republic of Cyprus in Houston 22nd of February at the International pavilion at NAPE and in London at APPEX 6th of March. Licen
Subsea 7 S.A. announced the award of a SURF contract valued at approximately $80 million from Statoil on Svalin C Field, situated in the central part of the North Sea, six kilometres southwest of the Grane Field. The contract scope includes the transport and installation of a 4 slot Integrated Templ
Eni, the international oil and gas company, announces the Group preliminary results for the fourth quarter and the full year 2011 (unaudited). Financial Highlights * Adjusted operating profit: €17.97 billion for the full year (up 4%); €4.26 billion for the quarter (down 10%) * Adjusted net profit: €
ABB, the leading power and automation technology group, has won an order worth around $30 million from Energinet.dk, the Danish transmission system operator, to supply a high-voltage submarine and underground power cable system for the Little Belt strait in Denmark. This is a shipping lane that conn
Coastline Surveys announce that they have been selected to support the National network of strategic regional coastal monitoring programmes-framework agreement, South West Region. The award consists of a Five year programme to provide single beam & bathymetric surveys to the South West Region in rel
2012 starts for T.O.S. (Transport & Offshore Services) with an expansion of its services in the Oil & Gas industry. Early this year Michael Koops was appointed as Business Development Manager Oil & Gas to strengthen the positions of T.O.S. in this industry. Koops: “T.O.S. is a strong player in suppl
Scotland’s first near shore commercial wave power array, which will power more than 1,000 homes, has been approved by Energy Minister Fergus Ewing. Two new Oyster wave energy converters will be added to an existing device at the European Marine Energy Centre (EMEC) at Billia Croo, Orkney, to allow o
Kvaerner had operating revenues of NOK 3 004 million in the fourth quarter 2011. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 249 million, resulting in an EBITDA margin of 8.3 percent. The Board of Directors proposes a dividend of NOK 1.00 per share for 2011.
Tritech International reaches a milestone in 2012 as it celebrates its 21st year in business. Tritech began with the idea to develop industry-standard sonars that rivalled the competition in both cost and size. Tritech continues this ethos to innovate, providing high performance subsea technology an
Bourbon announces new charter contracts for its vessels since the begining of the year. Newbuilding Bourbon Front has been awarded a contract with Allseas for pipelay support starting April this year. The contract is expected to last ca 50 days. Bourbon Front is a large Platform Supply Vessel design
VERIPOS has recently been awarded a new three-year contract by Technip, a global project management, engineering and construction company serving the energy industry. The contract is for provision of services aboard eight of Technip’s fleet of subsea construction vessels and represents a continuatio
Schilling Robotics, LLC, experts in subsea systems, announced the delivery of two (2) 150hp, 3,000m-rated HD™ ROV systems to Subsea 7. The HD™ ROV offers comprehensive work-class ROV performance in a compact configuration, while providing extensive onboard space for tooling systems. “We are very ple
PDM Neptec Ltd have a new look stand K100 at this years Oceanology International 2012, the largest marine exhibtion in the world. The PDM Neptec stand K100 is co-joined to the Teledyne Marine stand, highlighting the long established relationship that PDM Neptec has developed with Teledyne Impulse. O