Kvaerner is preparing for a significant growth in its home market and invests approximately NOK 250 million in upgrades of its facilities at Stord. The major investments will be increased lifting and trailing capacity, including a new Goliath gantry crane. “We have won some major contracts and are p
The Mexican geographic information systems and surveying company Sistemas de Información Geográfica, S.A. de C.V. has purchased an airborne LiDAR system Chiroptera. SIGSA expands its offer to its customers by now integrating bathymetry surveying into its product offering. The Swedish LiDAR manufactu
GC Rieber Shipping ASA, through its wholly owned subsidiary Polar Ship Invest IV AS, has offered to acquire all outstanding shares in Armada Seismic ASA not currently owned by Polar. Armada was founded in 2010 with the purpose of acquiring two high-end 3D vessels from Factorias Vulcano in Spain. At
Mark W. Fleming has been appointed to the newly created position as VideoRay LLC’s Business Development Manager for Military and Government sales. He will be responsible for building on VideoRay’s extensive network of underwater solutions for Ship Hull Pier / Dock Inspection and Response. VideoRay R
Petroleum Geo-Services ASA (PGS) has announced results for first quarter of 2012 with the following highlights: – Revenues of $365.0 million, up 51% from Q1 2011 – EBITDA of $145.7 million, up 100% from Q1 2011 – EBIT of $35.8 million, up $33.3 million from Q1 2011 – Total MultiClient revenues of $1
Enventi announces the completion of its comprehensive investigation into power cable installation in the offshore wind industry which forms part of the company’s strategic move into the design of offshore wind farm infrastructure. Enventi’s General Manager, Scott Macknocher commented on the findings
Optech, the world leader in the development, manufacture and support of advanced lidar and camera survey instruments, announces the release of the new airborne Optech CZMIL Coastal Zone Mapping and Imaging Lidar system. Optech CZMIL is an innovative airborne coastal zone mapping system that produces
Bill Young, a professor of physical oceanography at Scripps Institution of Oceanography, UC San Diego, received one of the highest honors in science May 1, being named to the National Academy of Sciences. Thirty years after his first stint at Scripps as a postdoctoral researcher, he joins 13 other l
Nautilus Minerals Inc. announces the release of its unaudited consolidated financial results for the first quarter ended March 31, 2012 together with Management’s Discussion and Analysis. First quarter 2012 highlights: – Exploration Program commenced in the Bismarck Sea, PNG – Technical Report updat
Statoil’s first quarter 2012 net operating income was NOK 57.9 billion, a 14% increase compared to NOK 50.8 billion in the first quarter of 2011. “Statoil grew production by 11% and realised high oil and gas prices in the first quarter of 2012, generating strong financial results for the period. Pro
Oceaneering International, Inc. announced it has secured a contract from Petroleo Brasileiro S.A., Petrobras, to supply approximately 200 kilometers, or 125 miles, of thermoplastic production control umbilicals for field development projects offshore Brazil in the Santos Basin. This contract has add
Dril-Quip, Inc. announced net income of $28.8 million, or $0.71 per diluted share for the three months ended March 31, 2012, versus net income of $21.7 million, or $0.54 per diluted share for the first quarter of 2011. Total revenues were $177.1 million during the quarter ended March 31, 2012 compar
Gulf Bridge International (GBI), the Middle East’s first carrier neutral regional network, and Xtera Communications Inc. (Xtera), a leading global provider of optical networking solutions, announced what is believed to be the first commercial repeatered submarine cable system in service with 100G te
Nautimus, the new Scottish company, has been established by Vattenfall, with support from leading UK engineering support services firm Babcock and Abengoa, the international company that applies innovative technology solutions for sustainable development in the energy and environment sectors. The co
