ABB, the leading power and automation technology group, will invest over $ 400 million to double the capacity of its high-voltage cables manufacturing facility in Karlskrona, Sweden, to meet growing demand for subsea cables. The investment plan includes construction of new buildings and installation
DeepOcean has awarded Edda Fauna another year of extension – that means she is firm until 1.4.2014. The vessel is designed as a Inspection Maintenance & Repair Vessel. It is specially designed for operation in northern waters and high focus on excellent manouverability and station keeping capabiliti
Aker Solutions will announce at the company’s capital markets day that it is maintaining its ambition of 9-15 percent annual revenue growth for the period 2011-15 due to a favourable market outlook for the oil services industry. The company also maintains its ambitions of 3-4 percentage points EBITD
Subsea UK hosted a lunch and learn event at the Enterprise Centre in Aberdeen to stimulate discussion on how to utilise the skills of ex-military service personnel in the subsea industry. The event, which attracted 30 delegates from various subsea and recruitment organisations, saw presentations fro
MTU received an order for eight Series 4000 Ironmen gensets from the China-based Shanghai Zhenhua Heavy Industry Co., Ltd. (ZPMC), a heavy-duty equipment manufacturer. The gensets will power two 99m multi-purpose vessels owned by the Dutch company Boskalis which owns one of the biggest and most mode
HR Wallingford, the international hydraulic and environmental engineering consultancy, has acquired UK-based DRL Software. DRL Software develops environmental monitoring software with coastal, offshore and estuary applications. Their DRL-Sediview application is used by dredging companies, environmen
CGGVeritas and Eidesvik Offshore ASA have confirmed that Arnstein Øvsthus has been appointed as General Manager of their ship management joint venture, CGGVeritas Eidesvik Ship Management AS. Arnstein Øvsthus will take up his duties on 1st February 2012. With over 30 years of wide-ranging experience
Oceaneering International, Inc. announced that one of its wholly owned subsidiaries, Oceaneering AS, has entered into a definitive agreement to acquire Mechanica AS. The transaction is subject to approval by the Norwegian Competition Authority. Mechanica, headquartered in Stavanger, Norway, is a des
Total, operator of the Elgin/Franklin fields in the British sector of the North Sea, announces the purchase of GDF SUEZ’s share in the two fields for an enterprise value of €590 million. This participation is held through a 22.5% interest in the company Elgin Franklin Oil & Gas (EFOG). By giving Tot
Nautronix have been awarded an order worth around $4m from a well known American BOP supplier to supply their NASeBOP (Nautronix Emergency BOP Acoustic Control System) to be used on the four new ultra-deepwater drillships for Noble Corporation. This order comes just after their recent success in sec
Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles (AUVs), will hold an Open Enrollment Training session during the week of March 5-9, 2012, at the National Oceanographic Centre in Southampton, UK. Training will focus on basic operations and
The robotic fish is making a return to the Science Museum in London as part of a robotics exhibition. The robotic fish appeared in a similar exhibition at the Science Museum for six months in 2010 and was extremely well received by visitors. The fish will again be appearing in the museum’s Antenna g
Northern announces that on 29th November 2011 it completed a 600km 2D seismic survey in offshore Southern Adriatic covering two licences – F.R39.NP & F.R40.NP. Seismic acquisition commenced on 23rd November 2011 using the vessel ‘M/V Princess’ contracted from CGGVeritas S.A and was completed within
It is essential knowledge for every subsea oil and gas project, yet landfalls and marine terminals seem to be the ‘ugly duckling’ of the subsea engineering world; with more focus put on easier, more appealing projects. Now, Jee, a pipeline, riser and subsea engineering company is helping engineers t
