Balltec Ltd, the UK based supplier of PipeLOK™ pipeline recovery tools, has successfully recovered pipe sections from 5030ft in the Gulf of Mexico. Balltec Ltd were contracted by Technip to supply an 18” PipeLOK™ tool to grip an existing gas pipeline in preparation for a cut and recovery operation.
The Federal Energy Regulatory Commission (FERC) and the U.S. Coast Guard within the U.S. Department of Homeland Security have signed a Memorandum of Understanding (MOU) to cooperate with each other on the development of hydrokinetic projects. These projects generate power from waves, tides, ocean cu
Malaysia-based international company, Bumi Armada Berhad (“Bumi Armada”) announces that its wholly-owned subsidiary, Bumi Armada Offshore Contractor Limited has acquired and taken delivery of a MPSV (multipurpose platform support vessel) from Condor Shipco Limited for USD1 5.8 million. The DP2” dies
Subsea 7 S.A. (the “Group”) announced results for the fourth quarter and full year which ended on 31 December 2012. Unless otherwise stated, the comparative period is the three and thirteen months ended 31 December 2011 for Subsea 7 SA and the results of Subsea 7 Inc. following the date of Combinati
Russian Maritime Register of Shipping (RS) has conducted survey and transfer to RS class of the manned submersible DEEP WORKER 2000 upon the request of NUYTCO RESEARCH LTD (Canada). Survey of the submersible was carried out in Vancouver (Canada). After all necessary tests including the descending wi
DOF Subsea Group has entered into an agreement where the 1978 built vessel Geobay is sold to a Middle East buyer. The selling price is slightly above book value of the vessel. The sale is expected to be completed after the ongoing project utilizing the vessel is finalized in May 2013. [mappress] Pre
McDermott International, Inc. announced that certain of its subsidiaries have entered into an agreement in which McDermott has acquired all of the outstanding shares of the DeepSea operating companies. Terms of the purchase are not being disclosed. Headquartered in London, England, with engineering
Wood Group Kenny has been awarded a contract by Saipem for the engineering analysis and configuration design of the steel lazy-wave riser (SLWR) system for the Sapinhoa Norte pre-salt field, approximately 300km off the coasts of Rio de Janeiro and Sao Paulo states in Brazil. This award follows tende
ABB, the global power and automation technology group, has led a $12 million investment in Scotrenewables Tidal Power, a provider of tidal turbine systems, to support the rollout of a new hydrokinetic device and to expand ABB’s renewable energy assets. ABB’s participation was made through its ventur
Erling Lange, Bergen Group Rosenberg’s Vice President Markets and Business Development who is working with the company for 26 years, explains the development of EPCI projects and working with IFS. Rosenberg is a Norwegian company focused on the offshore oil and gas front end engineering and design,
Heerema Marine Contractors’ new Deepwater Construction Vessel Aegir, one of the largest deepwater construction vessels in the world, is expected to arrive in Rotterdam today for final outfitting. She began her long journey from Daewoo’s Korean shipyard in January this year and, upon arrival to the N
Electricity transporter and high-voltage grid operator TenneT has again made huge efforts in 2012 to strengthen and expand its grids in the Netherlands and Germany. Revenues and profit increased in accordance with this growth. In 2012 TenneT invested EUR 1.6 billion. By doing this TenneT is facilita
LS Cable & System (President & CEO Ja-Eun Koo) is the first Korean cable maker to enter the South American submarine cable market. LS Cable & System announced on March 13 that it would supply 230kV extra-high-voltage submarine cables to the state power corporation of Venezuela (CORPOELEC). These cab
Ecosse Subsea Systems (ESS) has been awarded its largest boulder clearing and multi-pass trenching contract to date by Siem Offshore Contractors. ESS will deploy its SCAR plough system for clearing and pre-lay trenching operations on a 90km route on the EnBW owned Baltic 2 offshore wind farm project
