Subsea
FMC Technologies Profit Jumps 46 Percent
FMC Technologies has reported third quarter 2014 revenue of $2.0 billion, up 15 percent from the prior-year quarter ($1.7 billion). Diluted earnings per share were $0.72, which includes a $17 million, or $0.07 per diluted share charge, net of tax, related to an intercompany foreign currency transact
Statoil Finds More Oil in Grane Area
Statoil has together with PL169 partners proved new oil resources in the D-structure in the vicinity of the Grane field in the North Sea. Well 25/8-18 S, drilled by the rig Transocean Leader, proved an oil column of 25 meters in the Heimdal Formation. The estimated volume of the discovery is in the
RV Hespérides Takes Part in Spanish Antarctic Campaign
The oceanographic research ship ‘Hespérides’ has set sail from her home port in Cartagena on October 20th to participate in the 28th Antarctic campaign. 15 research projects will be carried out, nine of them financed by the Ministry of Economic Affairs and Competitiveness. This year’s campaign is ex
Chatham Rise Mining Might Impact Marine Mammals, Report Says
Mining phosphate on the Chatham Rise, off the east coast of New Zealand’s south island, could potentially have many impacts on marine mammals like whales and dolphins, the Environmental Protection Agency was told today. Whale expert, University of Otago’s Associate Professor Liz Slooten, gave eviden
Summit Broadband Connects to Allied Fiber
Allied Fiber, the United States’ first open-access, integrated, network-neutral colocation and dark fiber superstructure, has announced that Summit Broadband, a regional service provider headquartered in Orlando, Florida, a subsidiary of Cable Bahamas, has executed a 20-year Indefeasible Right of Us
OPT to Set Up PB40 PowerBuoy Off New Jersey
Ocean Power Technologies has announced today that the PB40 PowerBuoy® fabricated for the WavePort Project has shipped from Santander, Spain to Bayonne, NJ with the intent to deploy off the coast of New Jersey in the first quarter of 2015. The PowerBuoy is expected to arrive around mid-November and h
The Underwater Centre Tasmania Brings in New Diver Trainer
The Underwater Centre, Tasmania, has appointed a new diver trainer to support the increasing demand for its commercial diving courses. David Loudon joins the Centre from Gilbert Diving PTY, where he spent the last three years as a diver and workshop manager. Australian Diver Accreditation Scheme (AD
IBERDROLA Chairman Gets CBE Award
IBERDROLA chairman, Ignacio Galán, has been awarded as Commander of the Order of the British Empire, by the British Ambassador in Spain, Simon Manley. This honorary award, bestowed by HM Queen Elizabeth II on recommendation of the British Government, recognises the important role played by Galán in
FORCE Installs Two Power Cables in Minas Passage
The Fundy Ocean Research Center for Energy (FORCE) has started to install up to four underwater power cables in the world’s highest tides. These cables will allow tidal turbines in the Minas Passage, Bay of Fundy to deliver power to Nova Scotia’s electricity grid. The FORCE team successfully install
RSI Bags Seismic Reservoir Characterization Gig
RSI has been chosen to provide rock-physics driven inversion and interpretation services to a Latin-American NOC over one of their northern Caribbean offshore assets. The contract has a value in excess of $2 million. The work will commence immediately and will complete in the first half of 2015. Gar
SCHOTTEL Turbines Ready for Action
In the last months SCHOTTEL successfully tested its hydrokinetic turbines in Strangford Lough, Northern Ireland. The full-scale tests included 260 operating hours under realistic conditions. The results show that one turbine with a rotor diameter of four meters generates 50 kW per second at a rated
Weather Hampers Gum Deniz Seismic Shoot
Greenfields Petroleum is continuing to acquire the 3-D survey over the Gum Deniz Oil Field offshore Azerbaijan, but weather conditions continue to hamper the seismic contractor’s operations. Approximately 75 square kilometers of seismic data has been acquired to date. It is likely that the total sur
Seatower Prepares for Foundation Load Out
Foundation designer Seatower that earlier this year was awarded a contract delivering the world’s first CraneFree hybrid gravity base foundation has now confirmed that the foundation will be loaded out from French port of Le Havre later this week. The installation of the single 1800 tonne, mainly co
Nimrod Sea Assets Buys into Volstad Maritime
Nimrod Sea Assets has completed its fourth transaction for USD6.65m by way of a 17.5% stake in Volstad Maritime II DIS, a partnership which owns the M.V. Oceanic Endeavour. Oceanic Endeavour is a high-end, 16 streamer, seismic vessel bareboat chartered to CGG Eidesvik and then time chartered to CGG