Subsea
Aker Solutions Completes Sale of Mooring and Loading Systems Business to Cargotec
Aker Solutions has completed the sale of its mooring and loading systems business to Cargotec for an enterprise value of NOK 1.4 billion. The unit, known for the Pusnes brand name, provides mooring equipment, loading and offloading systems, as well as deck machinery for the global offshore and shipp
Rever Postpones Delivery of Cecon Pride
Cecon ASA (“Cecon”), through its subsidiary Rever Offshore AS (“Rever”), had a scheduled delivery of the first vessel, Hull 717 to be named Cecon Pride, on 21. February 2014. To allow for the postponed delivery, and extended construction financing, Rever has agreed with York Capital Management Globa
ISA to Standardize Fauna Taxonomy
To faciliate data standardization, the International Seabed Authority is pursuing efforts to standardize the taxonomy of three classes of fauna – megafauna, macrofauna and meiofauna. The three classes of fauna are associated with the three mineral resources (polymetallic nodules, polymetallic sulphi
JOGMEC, ISA Sign Contract for Exploration of Cobalt-Rich Ferromanganese Crusts
Japan Oil, Gas and Metals National Corporation (JOGMEC, President: Hirobumi Kawano) announces that it has signed a Contract for Exploration for Cobalt-Rich Ferromanganese Crusts, in the high seas located approximately 600 kilometers offshore of south-east of Minami-Tori-Shima Island, with Internatio
KONGSBERG to Supply Technology for Petrofac’s Deepwater Vessel
KONGSBERG has been appointed as the supplier and integrator of all electrical, telecom and integrated control systems for the new Petrofac JSD 6000 deepwater derrick lay vessel, to be built at the Shanghai Zhenhua Heavy Industry Co., Ltd (ZPMC) yard in China for Petrofac UK. The contract worth more
OPI’s Magnetostrictive Wave Energy Generator Completes Atlantic Ocean Tests
Oscilla Power, Inc. (OPI) announced the successful completion of its 2013 open ocean testing, conducted at Isle of Shoals, NH. OPI’s prototype system was deployed in mid-July and recovered in mid-September, 2013. For nine weeks, two of OPI’s “Gen 1” magnetostrictive power generators operated accordi
Fugro Bags Two Trenching Contracts Offshore UK
Fugro has been awarded two contracts to perform cable burial and survey operations at two wind farm sites in the UK. The first contract is for CT Offshore A/S at RWE Innogy’s Gwynt y Môr Offshore Wind Farm located in Liverpool Bay off the North Wales coast. The work involves the burial and post-buri
Shell CEO Ben van Beurden Updates Company’s Priorities
Speaking to investors new Shell CEO Ben van Beurden updated on the company’s priorities: improving Shell’s financial results and achieving better capital efficiency, as well as continuing to strengthen operational performance and project delivery. Van Beurden, who became the new CEO of Royal Dutch S
USA: Experts Look to Harness Ocean Power with Seafloor Carpet (VIDEO)
UC Berkeley assistant professor Reza Alam, an engineer and an expert in wave mechanics is looking to harness the power of ocean waves with the seafloor “carpet” he is proposing that will convert ocean waves into usable energy. “There is a vast amount of untapped energy in the oceans, and with increa
QinetiQ North America Secures Oceanography Contract with NRL
QinetiQ North America (QNA) announced that it was awarded a three-year strategic contract for ocean modeling, remote sensing, and physical oceanography programs to support the Naval Research Laboratory (NRL) at Stennis Space Center, MS. Ocean circulation patterns, temperatures and depths are constan
NOAA Invites Boaters to Help Track Endangered Humpback Whale Movements
Yachters and sailors are invited to help scientists track the movements of endangered humpback whales between NOAA’s Stellwagen Bank National Marine Sanctuary and its sister sanctuaries across the Caribbean as part of Carib Tails, a new international citizen science effort. Carib Tails is a collabor
ION Increases Its Ownership Interest in OceanGeo
ION Geophysical Corporation announced that it has increased its ownership interest in OceanGeo B.V., a geophysical company specializing in multicomponent ocean bottom seismic acquisition. ION now owns 70% of OceanGeo, up from the 30% the Company acquired in February 2013. Formerly known as GeoRXT, O
STATS Group Completes Subsea Oil Line Replacement in North Sea
STATS were contracted by a major oil producer to supply high pressure isolation plugs to provide a double block and bleed isolation barrier for the safe tie-in of a replacement section of the main 24-inch oil export line from the platform, without having to de-oil the entire 80km pipeline. To facili
Aquatic Asia Pacific Names New Regional Manager in Singapore
Aquatic Asia Pacific Pte. Ltd, an Acteon company and subsidiary of Aquatic Engineering & Construction Ltd, is delighted to announce the appointment of Nicholas Dale as regional manager, Asia Pacific. Dale will be based in Singapore and will apply his breadth and depth of experience of the subsea ser