Subsea
BSEE Gets Funding for Infrastructure Improvements
The Bureau of Safety and Environmental Enforcement (BSEE) will receive $4 million for infrastructure improvements as part of the $162 million investment strategy announced by Secretary of the Interior Sally Jewell to protect Atlantic Coast communities from future, powerful storms. The funds allocate
Forum Energy Reaches Record Revenue (USA)
Forum Energy Technologies, Inc. today announced third quarter 2013 revenue of $390 million compared to $348 million for the third quarter 2012. Net income for the third quarter 2013 was $33 million or $0.35 per diluted share compared to $41 million or $0.44 per diluted share for the year earlier per
Ezra Makes Management Changes (Singapore)
The Board of Directors of Ezra Holdings Limited announces the following: – Appointment of Chief Financial Officer (“CFO”) Eugene Cheng Chee Mun will be appointed as the CFO of the Company with effect from 1 November 2013. As the CFO, Eugene Cheng will be responsible for all financial matters of the
Russia’s First Subsea Production Facility Tested in Kirinskoye Field
The Onshore Processing Facility (OPF) of the Kirinskoye gas and condensate field in the Sakhalin Region hosted an official ceremony dedicated to the first gas production and its transmission system testing. Taking part in the ceremony were Alexey Miller, Chairman of the Gazprom Management Committee,
Fisher Offshore Provides Tools for Diving Training (UK)
A subsea tool specialist has found an innovative way of bridging the oil and gas industry’s skills gap by collaborating with a world class commercial diving training academy. Fisher Offshore is working in conjunction with the Professional Diving Academy (PDA) in a partnership which will see both con
Halliburton Named Logistics Company of the Year
Halliburton was named ‘Logistics Company of the Year’ by Africa Oil & Gas during the Southern Africa Oil & Gas Summit in Cape Town, South Africa, recently. The award recognizes the achievements of those in Africa’s oil and gas sector that have played a defining role in moving the industry forward. H
Ezra Revenue Increases by 28 Pct (Singapore)
Ezra Holdings Limited, a leading contractor and provider of integrated offshore solutions to the oil and gas (O&G) industry, sees recovery of performance in 4QFY13 as EMAS AMC, Ezra’s Subsea Services business, establishes a solid operational foundation for the Group. For the financial year ended 31
GE’s Energy Management Services Extends Training Centers
Training allows people to trust that they can handle life’s challenges. The GE’s Energy Management Services business reminds that people don’t have to face them alone. This is why GE’s Energy Management Services business is extending the scope of its marine services training centers at key locations
Offshore Energy 2013: Ecospeed and Ecoshield, New Levels of Corrosion Protection
Two innovative corrosion protection coating systems, Ecospeed and Ecoshield were on display at the Hydrex booth at this year’s Offshore Energy Exhibition and Conference held in Amsterdam. Ecospeed is a glassflake reinforced, hard, non-toxic ship hull coating system which is applied once to ship hull
Castrol Offshore to Present at OTC Subsea Session (Brazil)
Global lubricants supplier Castrol Offshore will present its white paper “A New Environmental Lubricant Supports Key Subsea Boosting and Compression Technology”, as part of the Subsea Processing and Boosting session at the Offshore Technology Conference (OTC), Rio de Janeiro, Brazil, 29-31 October 2
PNG: 30 Pct Interest Purchase in Solwara 1 Still Not Complete
Nautilus Minerals Inc. announces that the Independent State of Papua New Guinea has not yet completed the purchase of its 30% interest in the Solwara 1 Project. The Company is in discussions with senior officials of the State and it remains Nautilus’ preference to resolve these matters amicably with
FLIR Systems Net Income Decreases (USA)
FLIR Systems, Inc. today announced financial results for the third quarter ended September 30, 2013. Revenue was $358.1 million, up 8% compared to third quarter 2012 revenue of $332.2 million. Operating income in the third quarter decreased by 14% to $63.5 million and net income decreased 17% to $46
OPT, Mitsui to Cooperate in PowerBuoy® Development
Ocean Power Technologies, Inc. and Mitsui Engineering & Shipbuilding Co., Ltd. today announced that they have signed a new agreement to cooperate in the development and commercialization of OPT’s PowerBuoy® technology. Building on the successful work previously done together by the companies, this a
MMT Exhibits at EWEA Offshore 2013
MMT, a Swedish marine survey company offering turnkey services, announced that they will be present at the EWEA Offshore 2013. It is less than a month to this year’s big offshore wind event which starts on 19 November 2013 in Frankfurt. The Company will be exhibiting on stand 30F80. MMT offers a com