In a delicate operation at sea, healthy staghorn coral were transplanted Friday to a threatened reef off the Broward County coast by researchers at Nova Southeastern University’s Oceanographic Center and its internal National Coral Reef Institute (NCRI). “This is the northernmost location on the pla
The Cleantech AFIC (French Private Equity Association) Club and consultants Ernst & Young presented DCNS and OpenHydro with their award for the best investment in an innovative start-up by a major corporate group. This award is made in recognition of the success achieved by the DCNS/OpenHydro partne
Petroleum Geo-Services ASA (PGS) released following fourth quarter and preliminary full year 2011 results. Highlights 2011 * Strong EBITDA of $534.8 million * Total MultiClient revenues of $501.8 million, up 28% from 2010, with record late sales of $278.3 million * Continued growth for Data Processi
WASSP Ltd has announced the appointment of Stefan Richardson as its Development Manager to oversee the company’s multibeam sonar products. WASSP Ltd CEO Gareth Hodson says Richardson has a tremendous amount of experience and passion around marine technology and holds a BSc 1st Class Hons in Marine N
Alderney Renewable Energy (ARE), the tidal energy developer, has signed agreements for two major projects aimed at creating one of the most significant tidal power sites in Europe. The first agreement is with the French industrial group DCNS for the development of tidal arrays in Alderney’s waters.
Technip was awarded a lump sum contract by Hess Corporation for the development of the Tubular Bells field, located in the Mississippi Canyon area of the Gulf of Mexico at a water depth of approximately 4,500 feet (1,370 meters). The contract covers the design, engineering, fabrication and subsea in
N-Seatec announces that based on their standard Subsea lifting magnet principle another unit is ready to be delivered to an offshore operator. This specific unit is designed to lift a maximum load of 500kg and can be remotely activated by an ROV. Magnet activation will be achieved by a hydraulic act
Hydroid, Inc., a subsidiary of Kongsberg Maritime, the leading manufacturer of Autonomous Underwater Vehicles (AUVs), will hold an Open Enrollment Training session during the week of March 5-9, 2012, at the National Oceanographic Centre in Southampton, UK. Seats are still available. Training will fo
Oceanteam Shipping ASA confirms the extension of a bareboat charter with Fugro TS Marine Australia for the CSV Southern Ocean until end 2015. The original charter expired end 2013. CSV Southern Ocean is a large construction support vessel jointly owned between Bourbon Offshore Norway AS and Oceantea
ION Geophysical Corporation reported fourth quarter 2011 revenues of $159.9 million, compared to $158.6 million in the fourth quarter of 2010. Excluding special items ION reported fourth quarter 2011 net income of $23.2 million, or $0.15 per diluted share, compared to net income of $21.2 million, or
FMC Technologies, Inc. announced it has signed a definitive agreement to acquire Control Systems International, Inc. (CSI). Terms of the transaction, which is subject to further due diligence and various closing conditions, were not disclosed. Founded in 1968, CSI is a leading supplier of innovative
Siemens has acquired the majority stake in Marine Current Turbines Ltd., the UK company based in Bristol, which develops and builds tidal power systems. “The acquisition of Marine Current Turbines is an important step forward for the Solar & Hydro Division,” said Ted Scheidegger, CEO of the Solar &
The multi-component seismic company Reservoir Exploration Technology ASA (RXT) has received a contract award from an international oil company for an Ocean Bottom Cable survey offshore Norway. The total survey duration is expected to be 116 days and the estimated contract value is $24.5m. The survey
Angus Council requires tenders for a bathymetric survey to be undertaken in Montrose Bay, United Kingdom. The survey is part of phase 3 of the Montrose Beach Environmental Development Plan, which has been undertaken to assess the impact of coastal processes and erosion in Montrose Bay. At present, m
