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Chevron’s Second Quarter Earnings Down
Subsea

Chevron’s Second Quarter Earnings Down

Chevron Corporation reported earnings of $5.4 billion ($2.77 per share – diluted) for the second quarter 2013, compared with $7.2 billion ($3.66 per share – diluted) in the 2012 second quarter. Sales and other operating revenues in the second quarter 2013 were $55 billion, compared to $60 billion in

about 13 years ago
University of Maine, Partners Awarded Development Grant
Subsea

University of Maine, Partners Awarded Development Grant

U.S. Senators Susan Collins and Angus King today announced that the University of Maine, along with partners Maine Maritime Academy, Sandia National Laboratories, and the National Renewable Energy Laboratory, received a $983,997 grant from the National Science Foundation to design, develop, and cons

about 13 years ago
Dril-Quip Releases Second Quarter Results
Subsea

Dril-Quip Releases Second Quarter Results

Dril-Quip, Inc. announced net income of $42.9 million, or $1.05 per diluted share for the three months ended June 30, 2013, versus net income of $29.8 million, or $0.74 per diluted share for the second quarter of 2012. Total revenues were $222.0 million during the quarter ended June 30, 2013 compare

about 13 years ago
National Hyperbaric Centre Prepares for Oi China
Subsea

National Hyperbaric Centre Prepares for Oi China

National Hyperbaric Centre are currently preparing for an appearance at Oceanology International China Exhibition in September. From the 3rd – 5th of September Oceanology International China will be opening its doors to 150 Offshore Energy & Marine Industry Exhibitors giving them an opportunity to s

about 13 years ago
Ofgem Recommends Change to Charging Methodology (UK)
Subsea

Ofgem Recommends Change to Charging Methodology (UK)

Ofgem has today announced it is minded to approve a change to the methodology for calculating what generators pay to use the electricity transmission network across Britain. It is proposed that the new charges would come into effect on 1 April, 2014. The aim of this change is to facilitate the timel

about 13 years ago
New Orkney Pier Host to Many Tidal Energy Technologies (UK)
Subsea

New Orkney Pier Host to Many Tidal Energy Technologies (UK)

A newly extended pier in Orkney is currently host to more tidal energy technologies than at any other single site in the world. Five tidal energy developers – OpenHydro, Alstom Hydro, Scotrenewables Tidal Power, ANDRITZ Hydro Hammerfest and Voith Hydro – have all used the new facilities in recent we

about 13 years ago
Ville de Cannes Seeks Diving Services Provider Off France
Subsea

Ville de Cannes Seeks Diving Services Provider Off France

French Ville de Cannes is seeking for a contractor to provide diving services on the surface of the seabed of the coastal strip along the Croisette boulevard from the Old Port of Cannes in the west to the Zamenhof beach. There is a requirement for diving services to clean the surface of the seabed i

about 13 years ago
Van Oord to Acquire Interest in Gemini Offshore Wind Park
Subsea

Van Oord to Acquire Interest in Gemini Offshore Wind Park

Today Van Oord announced its intention to acquire an equity stake of 10% in the Gemini offshore wind park. Yesterday, Northland Power Inc. (NPI), the Canadian producer of sustainable energy, announced that together with Siemens Project Ventures GmbH (Siemens), HVC N.V., Typhoon Offshore B.V. and Van

about 13 years ago
IHC Merwede Announces Management Changes
Subsea

IHC Merwede Announces Management Changes

As of 1 September 2013, Dirk Philips will succeed Govert Hamers as the new CEO of IHC Merwede. In addition, the Board of Management will be expanded with the appointment of a new COO, namely the current Director of the company’s Dredging division, Bram Roelse. Dirk Philips is a 48-year-old Belgian n

about 13 years ago
Prysmian’s Half-Year Results Show Improvement from Second Quarter
Subsea

Prysmian’s Half-Year Results Show Improvement from Second Quarter

The Board of Directors of Prysmian S.p.A. has approved the Group’s consolidated results for the first half of 2013. “The Group’s half-year results show signs of improvement from the second quarter. In fact, in the second quarter 2013 both sales and profitability increased on the first quarter 2013,

about 13 years ago
Fundy Tidal Seeks Local Investment for Community Projects
Subsea

Fundy Tidal Seeks Local Investment for Community Projects

Fundy Tidal Inc. (Fundy Tidal) seeks to issue a maximum of $3 million dollars in shares through the Province’s Community Economic Development Investment Fund (CEDIF) program. The investment is RRSP eligible and is only available to Nova Scotia residents who are 19 years of age or older. Fundy Tidal

about 13 years ago
GSP Names New Chief Financial Officer
Subsea

GSP Names New Chief Financial Officer

GSP Offshore announces the appointment of Mr. Geir Johansen as new Chief Financial Officer. The nomination of Geir Johansen as GSP’s new CFO becomes effective with August 1, 2013. Mr. Johansen has extensive international managerial experience including mergers and acquisitions, equity and capital ma

about 13 years ago
CGG’s Revenue 24 Pct Up in Second Quarter 2013
Subsea

CGG’s Revenue 24 Pct Up in Second Quarter 2013

CGG announced its non-audited second quarter 2013 consolidated results. All comparisons are made on a year-onyear basis with CGG 2012 results before the Fugro Geoscience acquisition. – Very strong quarter with Revenue up 24% and an EBIT at $117 million corresponding to an EBIT at $128 million not-in

about 13 years ago
BSEE, Coast Guard Continue Response Activities at South Timbalier 220
Subsea

BSEE, Coast Guard Continue Response Activities at South Timbalier 220

The Bureau of Safety and Environmental Enforcement (BSEE), U.S. Coast Guard, and Walter Oil & Gas Corporation (Walter), through the Unified Command, continue to oversee and coordinate response efforts to secure the South Timbalier 220 natural gas Well A-3. Safety of personnel and protection of the e

about 13 years ago
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