Subsea
HR Wallingford’s ARC-Boat Benefits UK Environment Agency
The ARC-Boat, developed by HR Wallingford, is a remote controlled boat used to deploy river, estuary and reservoir survey technology. Two-years after its introduction, it has been of great value to the UK Environment Agency. International environmental hydraulics specialist HR Wallingford worked in
Noreco: Production from Huntington to Restart Between April and May
Production from the Huntington field in the UK has been interrupted since 12 April whilst work is undertaken to replace a number of couplings that are part of the inert gas system on the floating production and storage unit. According to information conveyed by the operator to the license partners,
FlexTech to Install Flexible Pipes for Ocean Installer
FlexTech, a flexible pipe specialist, has signed a contract for flexible pipe installation with Ocean Installer in a $850,000 deal. Aberdeen-based FlexTech will deliver the detailed design of a flexible pipe installation spread as well as installation analysis and project support to Ocean Installer,
Ocean Sonics Extends Its Sales Network in Asia
Ocean Sonics has appointed two new distributors to its global network to increase awareness and sales of the icListen Smart Hydrophone in both Japan and Singapore. Toyko-based SHOSHIN Corporation will leverage its sales and marketing experience, and distributor capabilities within Japan to establish
Reef Subsea Re-Organizes into Three Separate Units
Reef Subsea has announced a re-organization to create three independent companies, Reef Subsea, X-Subsea and Technocean Subsea, all with separate management and independent strategies. Reef Subsea was created in 2010 in a joint venture between the oil and gas private equity investor HitecVision and
McDermott Makes Leadership Changes
McDermott International, Inc. has elected Gary P. Luquette as non-executive Chairman of McDermott’s Board of Directors, effective May 6, 2014. Luquette has served as a member of McDermott’s Board of Directors since October 18, 2013. He retired from his position as President, Chevron North America Ex
Tesla Offshore Reaches 10 Year Milestone
Tesla Offshore LLC, a leading survey service provider offering comprehensive Geophysical, Geoscience, Marine Construction and Marine Salvage support in offshore waters around the world, is celebrating its 10th year in business. In 2014, Tesla Offshore has also achieved a benchmark in its strategic p
CSA Appoints New Regional Manager for West Coast Florida
CSA Ocean Sciences Inc. (CSA) has appointed Melisa Reiter as Regional Manager in the Tampa Bay area. Reiter will work closely with CSA’s scientific and business development staff to assist in the growth and diversification of CSA services along Florida’s west coast. In addition to expanding the clie
Plexus Pens Equipment Contract with Galp (Morocco)
Plexus Holdings PLC has been awarded a contract with new customer Galp Energia Tarfya, B.V. to supply surface wellhead and mudline equipment services for an exploration well offshore Morocco. The value of the contract, which sees Plexus secure a new territory and further strengthens its position in
FMC’s Subsea Technologies Achieves Record Backlog
FMC Technologies, Inc. reported first quarter 2014 revenue of $1.8 billion, up 11 percent from the prior-year quarter. Diluted earnings per share were $0.57 compared to $0.43 in the prior-year quarter. Total inbound orders were $2.6 billion and included $1.9 billion in Subsea Technologies orders. Su
Carnegie to Invest USD 9 Mln Capital Raise in CETO Development
Carnegie Wave Energy Limited announced that an oversubscribed $9m capital raise will be used to continue the commercialisation of its CETO technology. Carnegie had previously announced that it had initiated a capital raising via a Share Purchase Plan (SPP) of $6 million and with capacity to accept o
Technip to Sell Majority Stake in Seamec to HAL Offshore
Technip has entered into binding agreement for the divestment of a majority stake of at least 51% up to 75% in Seamec Limited to HAL Offshore Limited, India ( $27.6 million for 51% stake and up to $40 million for 75% stake). This divestment allows for the development of the Seamec business and HAL’s
TE SubCom to Deliver AAE-1 Submarine Cable
The AAE-1 Consortium, owners of the Asia-Africa-Europe-1 submarine cable spanning approximately 25,000 km connecting Asia, Middle East, Africa and Europe, and TE SubCom, a TE Connectivity Ltd. company, announced that the contract for the majority of segments of the AAE-1 system has come into force.
Aquaterra Secures DCT Contract from Premier Oil
Aquaterra Energy has been awarded a contract to design and build six Drill Centre Templates (DCT) for Premier Oil’s Catcher Development in the UK North Sea. The complete DCT contract is worth up to £10 million. The contract was awarded following pre-qualification and tender management by the Aquater