Egil Boyum has been appointed president of Aker Solutions’ subsea business in Brazil. Boyum, a Norwegian citizen, has been employed by Aker Solutions since 1984 and has held a range of management roles during this time. Over the past decades, Aker Solutions has reached several offshore oil and gas e
As Jee’s plans for growth continue announces the addition of 6 graduate engineers. “We have a rigorous recruitment process and only hire the very best,” said Trevor Jee, Managing Director. “These graduates impressed us with their exceptional technical ability and interest in the industry. “We are pr
Dockwise Ltd. today published results for the three month and Half Year periods ended June 30, 2011. Financial Highlights Q2 2011 Revenues of USD 109 million (USD 89 million in Q1 2011); EBITDA of USD 35 million (USD 29 million in Q1 2011); Operating margin of 32% (32% in Q1 2011); Net profit of USD
WesternGeco announced today that it has begun acquisition of the Bjørnøya Phase I “Ice Bear” 3D multiclient survey in the highly prospective West Loppa area of the Barents Sea. Following previous surveys in the area, the Ice Bear survey will extend the existing WesternGeco West Loppa datasets to the
Hallin Marine, a Superior Energy Services company, has successfully completed the installation of the world’s most powerful single rotor subsea tidal turbine in Orkney Island, Scotland. Hallin was contracted by Atlantis Resources Corporation (Atlantis) to provide specialist services as an experience
SeaBird Exploration today announced second quarter 2011 results. Revenues and expenses for Q2 2011 and Q2 2010 are difficult to compare as several changes in the operating performance of the Ocean Bottom Node (“OBN”) activity and the utilisation of the 2D/3D fleet in these two quarters have affected
SBM Offshore today announced half-year results for 2011. Financial Highlights Turnover of US$ 1,461 million (US$ 1,378 million in H1 2010); EBITDA of US$ 359.7 million (EBITDA of US$ 293.5 million in H1 2010); US$ 450 million impairment charge booked in H1 2011, as already announced on 28 July 2011;
The U.S. Coast Guard has issued a sources sought survey to gauge business interest in dive-related, underwater ship repair work… (guambuildupnews) [mappress] Source: guambuildupnews, August 18, 2011;
BlueView Technologies, the world leader in compact acoustic imaging and measurement technology, is delivering its 2D Deepwater Imaging Sonar systems for integration onto EMAS’ new work-class ROVs. The 4,000 meter deepwater systems utilize BlueView’s new S2 oil compensated electronics to deliver cris
DOF today announced second quarter 2011 results. Group income for Q2 totalled NOK 1,581 million (NOK 1,521 million), with an operating result before depreciation (EBITDA) of NOK 495 million (NOK 485 million). Utilization rate for the subsea fleet in Q2 was 91%, with 92% for the supply fleet. The Gro
Vallourec subsidiary Serimax has been awarded the welding contract for the Gas Sul North Capixaba project by Subsea 7 in Brazil… (pipelinesinternational) [mappress] Source: pipelinesinternational, August 18, 2011;
Grup Servicii Petroliere SA (“GSP”) today announces buying the pipelay vessel Acergy Falcon from Subsea 7. Falcon is a highly versatile DNV classed pipelay vessel, 153 meters long, capable of installing rigid pipelines up to 14 inch diameter and also flexible flowlines and umbilicals. GSP expects to
Miclyn Express Offshore announced the purchase of three new Offshore Support Vessels. A Seismic Support Vessel has been purchased against a 3 year firm contract in Indonesia commencing in August 2011 and including 5 x 1 year extension options. Two newly built Multi Purpose Offshore Terminal Tugs wil
DOF Subsea Asia Pacific, a subsidiary of DOF ASA has secured multiple contracts awards in Asia and Australia over the last couple of weeks with a total contract value of about USD 47 million. The new build DSV Skandi Singapore and the CSV Skandi Hercules will be employed under these contracts. Steve
