Siemens has entered into an agreement to acquire the two subsea specialists Poseidon Group AS and Bennex Group AS from Subsea Technology Group AS, Norway. Poseidon provides subsea marinization, engineering and consulting, and has a workforce of 140 employees and consultants in Stavanger and Aberdeen
Polarcus Limited announced that the Company has signed a contract with Providence Resources PLC for a 3D seismic acquisition project in the Celtic Sea, offshore Ireland. The survey will commence in June 2011 and is expected to run for approximately 15 days. About Polarcus Polarcus is a pure play mar
Specialists from TMK, the global producer of pipes for the oil and gas industry, took part in lowering a tubing string with Premium-class threaded connections into a well of more than 2.5 kilometers deep, situated on LUKOIL’s Yury Korchagin oil deposit in the Caspian Sea. The pipes were produced at
Stolt-Nielsen Limited announced that it has acquired through one of its subsidiaries a non-controlling interest in Seaweed Energy Solutions AS (“SES”), an alternative energy start-up focused on the development of bioethanol and biogas production from the sustainable large-scale cultivation of seawee
Financing for the Nord Stream project is secured: Today, the company together with its shareholders in the consortium, OAO Gazprom, E.ON Ruhrgas AG, BASF SE/Wintershall Holding GmbH, N.V. Nederlandse Gasunie, and GDF SUEZ S.A. announced the successful signing of Phase II financing of the pipeline pr
Osiris Marine Services, one of the UK’s leading subsea engineering organisations has invested £200,000 into new head quarters at Crossings Business Park in Skipton, North Yorkshire following an impressive period of company and equipment base growth over the past 18 months. The deal sees Osiris take
Power conversion specialist Converteam has announced that it has been selected to supply major elements of electrical equipment for a 1MW tidal turbine known as HS1000. The contract awarded by Hammerfest Strøm UK Ltd includes the subsea generator and the shore based systems including a power convert
FoundOcean has been awarded the offshore grouting contract by SBM Offshore for the MOPUstor Phase 2 installation in the Yme Oil Field, North Sea. Grouting equipment has been mobilised and set up on the work vessel, and a suitable work window is awaited prior to mobilisation of the 12-man crew. The M
Kongsberg has completed the world’s longest multi-sensor AUV pipeline survey using one of its cutting-edge HUGIN 1000 Autonomous Underwater Vehicles (AUV). The pipeline inspection took place February 9th – 11th 2011, in the Hjelte fjord near Bergen, Norway and the HUGIN 1000 was operated from the Ro
Experience VideoRay ROVs and UK VideoRay distributor Atlantas Marine in Stand S7 at Ocean Business 2011, Southampton, UK April 5-7 2011. Stop by Ocean Business 2011 Stand S7 and visit with representatives from VideoRay, the Global Leader in MicroROV Technology, and Leading UK VideoRay Distributor At
Movistar has launched an undersea fibre-optic cable linking the Canary Islands with the Peninsula… (telecompaper) [mappress] Source: telecompaper ,March 03, 2011;
The Finnish Navy’s first anti-mine vessel is nearing completion at a shipyard in Italy… (hs) [mappress] Source: hs ,March 03, 2011;
Transocean Ltd. announced that the Board of Directors is recommending that the company’s shareholders approve at the 2011 Annual General Meeting the election of Steve Lucas as a Class III Director for a three-year term. Mr. Lucas is the retired Group Finance Director of National Grid plc and has pre
Ocean Energy 2011 will return to Brussels on 22-23 June 2011. Following on from last year’s successful inaugural event, the EU-OEA and Green Power Conferences have teamed up again to offer attendees an unparalleled opportunity to connect with the leading technology developers, policy makers, industr