Subsea
CARIS Announces Gilles Bessero as Keynote Speaker
CARIS announced the addition of Gilles Bessero, Director of International Hydrographic Organization (IHO), as a keynote speaker at CARIS 2014. Mr. Bessero will be the closing keynote speaker on Thursday, June 5. Gilles Bessero, is Director at the International Hydrographic Organization (IHO), the in
Top News of the Week of Feb 24 – Mar 02, 2014
1. Saipem Nets $520 Mln Worth E&C Offshore Contracts in Indonesia and Congo Saipem has won new Engineering & Construction offshore contracts in Indonesia and in the Republic of Congo, for a total amount of approximately $520 million. 2. Norwegian Competition Authorities Approve Sale of Reef Subsea T
TEL Hires Keynvor Morlift for Tidal Project in UK
Keynvor Morlift Ltd has become a contractor of choice for Tidal Energy Limited’s project in UK. Keynvor Morlift’s task is to plan, manage and coordinate the deployment, installation and subsequent recovery and decommissioning of the DeltaStream tidal device at the site situated 1.2 km from the mainl
Dril-Quip Reports $47 Mln Net Income
Dril-Quip, Inc. has announced net income of $47.1 million, or $1.15 per diluted share, for the three months ended December 31, 2013, versus net income of $31.0 million, or $0.76 per diluted share, for the fourth quarter of 2012. The fourth quarter 2013 results were unfavorably impacted by an after-t
Ezra’s Executive Director Steps Down
Ezra Holdings Limited, announces that its Executive Director, Mr. Tay Chin Kwang, will be stepping down with effect from 1 March 2014, as part of the Group’s efforts to comply with the Code of Corporate Governance of having Independent Directors make up at least half of the Board. Tay Chin Kwang wil
Ashtead Donates Specialist Equipment to SARbot
Ashtead Technology, a subsea equipment solutions specialist, has donated nearly £20,000 of specialist kit to SARbot, the UK’s only underwater search, rescue and recovery charity. Ashtead Technology, which is headquartered in Aberdeen and delivers state-of-the-art subsea products and support across t
Record Net Income for Vantage Drilling
Vantage Drilling Company reports record net income for the three months ended December 31, 2013 of $30.3 million or $0.09 per diluted share as compared to a net loss of $11.5 million or ($0.04) per diluted share excluding approximately $122.1 million of charges for the early retirement of debt, for
Hydrex Repairs Container Vessel Propeller Blades (Singapore)
Recently a team of Hydrex diver/technicians performed a propeller blade operation on a 300-meter container vessel in Singapore. All six blades of the vessel’s propeller were damaged and needed to be cropped. Having developed different procedures for different kinds of damage, Hydrex is equipped and
Hydrex Repairs Vessels in Belgium and The Netherlands
Hydrex teams have carried out on-site hull repairs on vessels berthed in Belgium and the Netherlands. Doubler plates were welded on a 214-meter roro ship in Antwerp and an 85-meter cargo ship in Flushing, while an insert plate was installed on a 199-meter cargo vessel in Antwerp. Hydrex on-site hull
ShawCor Announces Management Changes
ShawCor Ltd. announced that Bill Buckley will retire as Chief Executive Officer at the Company’s Annual Meeting on May 1, 2014 but will stand for re-election as a director of the Company. Current President, Steve Orr will succeed him as CEO on that date and will also stand for election as a director
G&G Survey Activities Off Atlantic Coast Concern Congressman Pallone
Congressman Frank Pallone, Jr. issued the following statement in response to the Bureau of Ocean Energy Management’s (BOEM) completed environmental review of geological and geophysical (G&G) survey activities off the Atlantic coast. Pallone said: “I am very concerned about the potential threat that
RWE Innogy Removes Unexploded Ordnance from Gwynt y Môr Site
RWE Innogy UK is preparing to remove three objects, identified as unexploded ordnance, from the seabed within the construction area of the Gwynt y Môr Offshore Wind Farm. Construction activity is continuing in the offshore site, with vessels complying with a 250 metre exclusion zone, which is curren
Coalition Government Supports UK’s Marine Energy Development
The Energy and Climate Change Minister and the Shadow Energy Minister have told RenewableUK’s wave and tidal energy conference in back-to-back speeches that the Coalition Government and Labour fully support developing the UK’s enormous marine energy resources to generate low-carbon power and bring m
Ofgem Launches 3rd OFTO Tender Round for Two Offshore Wind Farms
Ofgem launches the third Offshore Transmission Owner (OFTO) tender round, for the high voltage transmission links of two offshore wind farms, Westermost Rough and Humber Gateway situated in the North Sea off the coast of Yorkshire. Worth almost £400m, Tender Round 3 (TR3) is the first new tender rou