W&O Supply, North America’s largest supplier of marine valves, pipe, fittings, engineered products, valve automation and data management systems, announced that it has established operations in Brazil, with the first office located in Rio de Janeiro. Establishing a Brazilian presence is an important
OceanWorks welcomes Keith La Rose to the team in the position of Business Development Manager – Military in their Vancouver office. Acting as Business Development Manager for the military industry, Keith’s primary function will be to expand OceanWorks’ penetration of the military market by further r
Solemn launching ceremony of Pacific Fleet (PF) hydrographic ship Valery Faleyev will be held on Nov 12 in the Maly Uliss Bay, Vladivostok. The new ship is designed for oceanographic researches for Pacific Fleet, reports Russian defense ministry’s press service. The ship’s launching will coincide wi
Energy experts will gather next week at the 17th SPE ICoTA European Well Intervention Conference to discuss the important role innovative technology has in the future of the North Sea. Stuart Brown, Shell’s Global Well Intervention Discipline Lead, is a keynote speaker at the event. Mr Brown has spe
Vos Prodect Innovations B.V. has been awarded an order by Norddeutsche Seekabelwerke GmbH (NSW), for the supply of Cable Hang-off Systems for an offshore wind farm project in the North Sea. Vos Prodect has carried an intensive development program to launch the best system to meet the technical & com
Odyssey Marine Exploration, Inc. , a pioneer in the field of deep-ocean exploration, reported results for the third quarter ended September 30, 2011. For the third quarter of 2011, Odyssey reported revenue of $5.9 million, compared to $9.8 million in the third quarter of 2010 and operating expenses
Astrakhan Ship Repair Plant (affiliate of Zvezdochka shipyard) builds Project 22870 salvage ship for Caspian Flotilla (CF) Search and Rescue Service under Russian Navy’s order. The project developer is JSC Vympel Design Bureau (Nizhny Novgorod). The project documentation was developed under contract
Investec Project and Infrastructure Finance, (‘Investec’), part of Investec Bank plc. has recently completed a new senior debt facility for… (Angel News) [mappress] Source: Angel News, November 10, 2011
Mitsubishi Electric Corporation announced that it has signed a contract to upgrade a transpacific submarine cable network by incorporating 40 Gbps dense wavelength division multiplexing (DWDM) and increasing transmission design capacity up to fivefold to 5.2 Tbps. The upgrade to the Asia America Gat
To tackle the strong currents in Australia’s offshore oil & gas fields, leading contracting company, Cal Dive International (Australia) Pty Limited, selected Saab Seaeye’s powerful new Panther XT Plus ROV (Zone Rated and configured for operations in hazardous areas) when making that choice. A Cal Di
BOURBON announces revenue up + 17% over 9 months in line with the objectives of the 2015 Leadership Strategy. Significant increase in daily rates in the quarter follows previous quarter’s upturn in utilization rates. ““In a favorable oil & gas environment. the price per barrel of Brent (113 US$ over
Leighton Offshore launched the newest edition to the fleet, the Leighton MPV-1 cable lay vessel, at the Al Jazeera Port in Ras Al Khaimah. The MPV -1 will be mobilised to undertake the cable lay scope of the $799m Phase 1 Iraq Crude Oil Export Expansion Project (ICOEEP) currently underway. The MPV-1
MMT has successfully finalized the additional work for the Mareano 2011 Barents Sea project—a hydrographic survey performed in the Arctic region located off the north coast of Norway and along the Russian border. The additional project work included bathymetric data acquisition and processing north
Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, announced the acquisition of FormSys, based in Perth, Australia. This software development company has a proven, twenty-year track record in 3D design, analysis,
