ABB, the leading power and automation technology group, has agreed to acquire Amarcon BV, a Dutch company that develops and markets software solutions for the shipping industry. The acquisition will expand ABB’s advisory systems offering for customers in the maritime sectors. The transaction is expe
Three ULSTEIN developed designs were appointed as nominees for innovation awards in 2012, the ULSTEIN Windlifter, the Northern Light Drill Tower and the Polarcus Amani. The ULSTEIN Windlifter, developed by Dutch companies Ulstein Idea Equipment Solutions and Ulstein Sea of Solutions, is a turbine in
Siemens has announced that Tronic, a Siemens subsea business based in Ulverston will create 70 new roles at its Subsea Excellence Centre in Cumbria. This represents the biggest intake of employees and apprentices ever for the business. Tronic, a Siemens subsea business is recognised as a world leade
According to BusinessWeek, Temasek Holdings Pte and China Investment Corp. agreed to invest in Global Telecommunications Infrastructure Trust’s initial public offering in Singapore. The undersea cable unit of Reliance Communications Ltd., GTI Trust (GTI), is selling $250 million to $300 million of s
Aker Solutions has won a contract to deliver a deepwater drilling riser system to Atwood Oceanics, the drilling operator. The contract value is undisclosed. The deepwater drilling riser system will be manufactured and delivered from Aker Solutions’ manufacturing plant in Port Klang, Malaysia. “We ar
Following several years of research, the University of Adelaide’s team, which has been developing the Sustainable Marine Current Energy (SMCE) turbine, is thinking of commercializing the device, says the EcoGeneration news site. In 2009, the University has engaged the final-year students in developm
Due to the fact that Elia, transmission system operator in Belgium and Germany, is legally obligated to connect offshore wind turbines to the grid, the company is planning to invest 3 billion euros in grid development over the next 10 years, writes Trends news portal. Jacques Vandermeiren, the newly
Fugro Chance Inc. recently provided surveying services in the Gulf of Mexico for the installation and tie-in of a wye sled subsea structure. The scope of the services included surface navigation, ultra-short baseline (USBL) and long baseline (LBL) positioning, dimensional control survey, acoustic sp
Funding announced on Monday by the Research & Development Corporation (RDC) is supporting the development of an innovative 3-D simulation software product that will enhance offshore oil and gas installation design and operations. Mount Pearl-based GRI Simulations Inc. is receiving $250,000 from RDC’
Hydroid, a Cape Cod-based leading manufacturer of Autonomous Underwater Vehicles (AUV’s) has added 5 talented new employees to the company. Rich Amirault has joined Hydroid, Inc., a Pocasset-based manufacturer of Autonomous Underwater Vehicles (AUVs), as Manufacturing Manager. An accomplished manufa
Yu Zhang, Deputy Global Research Manager, Processing, Imaging & Reservoir, CGGVeritas, has been distinguished with the Society of Exploration Geophysicists’ (SEG) Virgil Kauffman Gold Medal in recognition of his recent innovative research in true amplitude wave equation migration. The Virgil Kauffma
Oil, ocean technology and environment companies are about to get a clearer and better view of deep sea activities. Clarenville-based SubC Control Ltd. yesterday received $115,957 from the Research & Development Corporation (RDC) for the creation of an underwater single-lens reflex camera, capable of
Wood Group announces today a number of Board changes that will become effective 1 November 2012. – Chairman, Sir Ian Wood, will retire as Chairman and from the Board. Sir Ian has been Chairman since 1982 and was CEO from 1967 to 2006 – CEO, Allister Langlands, will become Chairman. Allister has been
Overfishing, ocean acidification and pollution are pushing coral reefs into oblivion, an ecologist Roger Bradbury writes in the New York Times Opinion Pages. It is about time to stop turning a blind eye to the fact that the consequences of unbalanced fishing and negligence when it comes to damage-mi
