Technip was awarded the options for a two-year extension of the Statoil PRS Pool services frame contract to the latest possible completion date of 1st December 2014. The yearly revenue under the contract is expected to be in the range of €13-26 million. This contract covers maintenance and operation
SeaHold GEOSHIPS Ltd, specialists in marine and subsea services, has expanded its fleet of multi purpose offshore vessels. The two new vessels ‘Loch Erisort’ and ‘Loch Roag’ brings the Aberdeen-based firm’s fleet up to three, whilst also signifying a US$140 million in additional financial commitment
Subsea organisations must avoid catastrophic events by ensuring all aspects of subsea equipment integrity are addressed at the design stage. This is the message that will be relayed at a Subsea UK event to be held at the Hilton Paris La Defense in the French capital on 14 and 15 November. Industry l
Falmouth Harbour Commissioners (FHC) and The Crown Estate have signed a lease to create FabTest, a new wave energy ‘nursery’ test site inFalmouth Bay on the south coast of Cornwall. The site has also been issued with a marine license by the Marine Management Organisation (MMO), which allows the moor
Investors in People has recognised progress within subsea engineering firm Jee Ltd by awarding the independent company gold status. “This is brilliant news and a true endorsement of a lot of changes which have been implemented over the last 3 years to improve the business by developing and investing
CGGVeritas announced its non-audited third quarter 2011 consolidated results. All comparisons are made on a year-on-year basis unless stated otherwise. Strengthening Financial Results *Group Revenue was $797 million, up 21% year-on-year and 6% sequentially. *Group Operating Income was $98 million, a
Oil and gas professionals are being urged to attend the ITF Annual Technology Showcase to get a glimpse of cutting-edge innovation and gain insight to potential new ways to solve industry problems. Exhibition space has sold out and there will be a wealth of solutions on show from subsea instrumentat
Hibernia Atlantic, the only US owned, diverse transatlantic high bandwidth connectivity provider, Huawei, a leading global information and communications technology (ICT) solutions provider, and Huawei Marine, a global submarine solutions supplier, announce today they have successfully completed the
A new study which aims to inform UK government guidelines on environmentally responsible methods for decommissioning offshore pipeline bundl… SubseaUK [mappress] Source: SubseaUK, November 08 , 2011; Image: Subsea7
A team of scientists are sailing from Suffolk to the North Sea to find out more about harbour porpoises… (BBC) [mappress] Source: BBC, November 08 , 2011; Image: IFAW
The Nord Stream Pipeline became operational today and was hailed by political and business leaders as making a significant contribution to Europe’s long-term energy security. German Federal Chancellor Angela Merkel, Russian President Dmitry Medvedev, the Prime Ministers of France François Fillon and
Subsea equipment rental specialist Ashtead Technology announces the launch of a new Integrated Technical Services Group as a key part of its strategic growth strategy. The launch of this diversified service offering will include enhanced capabilities for bespoke systems integration, equipment mainte
The Board of Mediterranean Oil & Gas Plc , the central Mediterranean focused producer, developer and explorer of oil and gas assets, announces that it has entered into a short term secured loan with affiliates of certain of substantial shareholders, namely affiliated investment funds of Och-Ziff Cap
The site of what is now Rotterdam’s Yangtzehaven was inhabited by humans in the Middle Stone Age. At a depth of 20 metres, in the sea bed, unique underwater archaeological investigation found traces of bone, flint and charcoal from around 7000 BC. These finds are the very first scientific proof that
