Scotland’s first near shore commercial wave power array, which will power more than 1,000 homes, has been approved by Energy Minister Fergus Ewing. Two new Oyster wave energy converters will be added to an existing device at the European Marine Energy Centre (EMEC) at Billia Croo, Orkney, to allow o
Kvaerner had operating revenues of NOK 3 004 million in the fourth quarter 2011. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 249 million, resulting in an EBITDA margin of 8.3 percent. The Board of Directors proposes a dividend of NOK 1.00 per share for 2011.
Tritech International reaches a milestone in 2012 as it celebrates its 21st year in business. Tritech began with the idea to develop industry-standard sonars that rivalled the competition in both cost and size. Tritech continues this ethos to innovate, providing high performance subsea technology an
Bourbon announces new charter contracts for its vessels since the begining of the year. Newbuilding Bourbon Front has been awarded a contract with Allseas for pipelay support starting April this year. The contract is expected to last ca 50 days. Bourbon Front is a large Platform Supply Vessel design
VERIPOS has recently been awarded a new three-year contract by Technip, a global project management, engineering and construction company serving the energy industry. The contract is for provision of services aboard eight of Technip’s fleet of subsea construction vessels and represents a continuatio
FMC Technologies, Inc. reported fourth quarter 2011 revenue of $1.5 billion, up 36 percent from the prior-year quarter. Diluted earnings per share were $0.41, equal to the prior-year quarter. Total inbound orders of $1.8 billion were up 14 percent from the prior-year quarter and included $1.3 billio
ShawCor Ltd. announced that its pipecoating division, Bredero Shaw, has received a contract with a value in excess of US$400 million to provide pipeline coatings and related products and services for the gas export pipeline on the Ichthys LNG Project. This contract was signed with Mitsui & Co., Ltd.
Schilling Robotics, LLC, experts in subsea systems, announced the delivery of two (2) 150hp, 3,000m-rated HD™ ROV systems to Subsea 7. The HD™ ROV offers comprehensive work-class ROV performance in a compact configuration, while providing extensive onboard space for tooling systems. “We are very ple
Technip was awarded a pipeline installation contract by Woodside Energy Limited for the Greater Western Flank Phase 1 Project located 130 kilometers North West of Karratha in Western Australia. This pipeline will link the Goodwyn GH and Tidepole fields via a subsea tie-back to the existing Goodwyn A
PDM Neptec Ltd have a new look stand K100 at this years Oceanology International 2012, the largest marine exhibtion in the world. The PDM Neptec stand K100 is co-joined to the Teledyne Marine stand, highlighting the long established relationship that PDM Neptec has developed with Teledyne Impulse. O
JSC Yantar Shipyard (affiliate of United Shipbuilding Corporation) on Feb 9 started mooring trials of research ship Seliger built under Russian Defense Ministry’s order, reports the shipyard’s press service. Quality of construction, assembling and calibration of equipment will be checked during the
Hyperdynamics Corporation announced it has completed the drilling of the Sabu-1 exploration well on its concession offshore Guinea-Conakry. The Sabu-1 well was drilled to a depth of 11,844 feet in a water depth of 2,329 feet. Results of real-time hydrocarbon chromatograph measurements and Schlumberg
HiDef Aerial Surveying deployed the latest version of its digital video technology within the intertidal area of the Wash on the east coast of England. The survey provided complete coverage of the near shore cable routes for the LID/Lincs and Race Bank windfarms for Centrica Renewable Energy. Conven
Saab Seaeye announces that it will showcase its four key underwater vehicles at Oceanology International including the new double-hulled Sabertooth AUV/ROV. Double-hulled Sabertooth AUV/ROV The new double-hulled version of the Sabertooth offers twice the operational duration of the single-hulled Sab
