Aker Solutions’ operating revenues in the second quarter of 2011 were NOK 7.8 billion. Earnings before interest, tax, depreciation and amortisation amounted to NOK 636 million. Order intake in the quarter was NOK 14.3 billion. “We have a strong order intake which reflects high tendering and activity
DECOM North Sea member company, PDL Solutions (Europe) Limited, have been awarded a framework agreement with Shell UK Ltd to provide advanced Computational Fluid Dynamics (CFD) and Finite Element Analysis (FEA) support to the Shell UK engineering team on the Brent Decommissioning Project. PDL are a
Deepwater mooring specialist, First Subsea, has been awarded a contract by Chevron U.S.A. Inc. to supply the mooring connectors for the Jack & St. Malo semisubmersible hub production facility in the Jack and St. Malo fields located approximately 280 miles south of New Orleans, Louisiana, in water de
Aker Solutions has secured a contract with Murphy Sabah Oil Co., Ltd. to deliver a subsea production system for the Kikeh subsea expansion project off the coast of Sabah in East Malaysia. Contract value is undisclosed. The scope of work includes the delivery of deepwater oil production equipment suc
On August 9, SOCAR as leader of the Shah Deniz Export Negotiating Team announced that a request for proposal (RFP) and a request for information (RFI) has been issued to the three main prospective EU pipeline groups for transit of Shah Deniz gas to Europe. These are IGI Poseidon, Trans-Adriatic Pipe
The Maritime and Coastguard Agency (MCA) has awarded marine survey specialists EMU Limited (EMU) a multi-million pound hydrographic contract as part of its programme to systematically survey the waters around the UK. Using the latest dual-head high-resolution multibeamechosounders to obtain seabed d
Norwegian Energy Company ASA today presents its second quarter 2011 results, with EBITDA of NOK 149 million and a negative net result of NOK 9 million from continued operations. Noreco had revenues of NOK 396 million from continued operations in second quarter 2011, an increase of 10 percent compare
BMT Defence Services Ltd, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has announced the promotion of Tim Hardy to the role of Head of Naval Engineering. Tim will lead a team of more than 60 people comprising some of the indus
Reaching a new threshold in underwater medical studies, the Office of Naval Research (ONR) announced Aug. 10 an innovative capability for examining how cells work at pressures far below the sea surface. Researchers at the Navy Experimental Diving Unit (NEDU) have designed, built and validated a nove
Like mourners gathered at the wake of a close friend, former crew members of the USS Arthur W. Radford stood vigil Wednesday over the decomm… (philly) [mappress] Source: philly, August 11, 2011;
ShawCor Ltd. announces second quarter 2011 results: Second quarter revenue of $265 million increased by 13% from the $235 million reported in the second quarter of 2010 but was 5% lower than the $279 million reported in the first quarter of 2011. EBITDA in the second quarter of $35.3 million increas
Marlink, the largest provider of maritime satellite communications, has recently extended its contract with offshore vessel operator Simon Møkster Shipping AS for a further 5 years. As part of the latest agreement, Marlink will continue the provision of its Sealink™ VSAT services aboard 18 existing
The first ever deployment of a SunStation CP critical monitoring system pre-installed onto a subsea tree was successfully interrogated last month by an Oceaneering Millennium ROV. The unit displays the cathodic protection potentials from permanent reference electrodes installed at two critical locat
SCOTLAND’S first commercial-scale tidal turbine has been connected to the electricity grid off the Orkney coast and begun generating power… (scotsman) [mappress] Source: scotsman, August 11, 2011;
