Unique Maritime Group (UMG) has established the first Hyperbaric Reception Facility (HRF) in the Middle East thus raising the safety level for all divers currently operating in this area to a new level. The purpose built system by Unique Hydra, a division of UMG, will be installed at UMG’s facility
STATS Group is preparing for further international expansion after securing an additional £4.3 million investment from the Business Growth Fund (BGF). The management team behind STATS has also invested more money in the business, which received an initial £7.8 million of growth capital from BGF in M
The Emirates Nuclear Energy Corporation (ENEC), has announced the completion of the final stages of an artificially constructed reef, located 3.8km from the shoreline of Barakah, the home of the UAE’s peaceful nuclear energy program. Developed in partnership with the National Marine Dredging Company
Polarcus Limited’s Board of Directors has chosen Rod Starr to succeed Rolf Ronningen as Chief Executive Officer of Polarcus. Rolf Ronningen, who informed the Board of his planned retirement in 2014, will continue as Chief Executive Officer until Rod takes up his appointment, expected early Q1 2015.
A ferry named “Sewol“ carrying over 400 people on board sank in the vicinity of the South Korean island of Jeju. The passengers on the ship were mainly high school students and crew members. 174 people survived the accident including 22 crew members. The Authorities suspect that the “Sewol” ferry ex
EvoLogics joined scientists from the Helmholtz-Centre for Environmental Research (UFZ), Germany, who led a two-week field campaign north and south of the Darga river outlet on the Dead Sea coast in Israel. In cooperation with EvoLogics and the Scientific Diving Center (SDC) team of Technische Univer
Nexans has provided to BP the first delivery in what will be the world’s largest and most complex Direct Electrical Heating (DEH) system to date. Nexans is supplying a comprehensive subsea DEH system solution including complete system design and 130 km of cables with accessories for installation. Th
On Sunday morning, a passing cargo ship, coming from the Suez Canal, collided with a small Egyptian fishing boat causing it to capsize, according to reports. Thirteen Egyptian fisherman are reportedly drowned and 13 others have been reported missing. However, there have been incosistent reports abou
Nordic Maritime, an offshore service operator, has announced its MKIII subsea service vessel Mokul Nordic has been renamed Nordic Prince and has started a long term charter for Noble Energy after arriving in Haifa, Israel. Nordic Maritime was awarded a five year charter for the DP2 IMR Subsea vessel
A division of the Unique Maritime Group (UMG), a provider integrated turnkey subsea and offshore solutions, Unique System FZE in conjunction with HYPACK, has successfully conducted HYPACK’s hydrographic & offshore survey training course at its training centre in Hamriyah Free Zone, Sharjah, UAE. As
Masirah Oil has commissioned a new 3D seismic survey in Block 50 Oman. The seismic survey, will be undertaken by Dolphin Geophysical ASA with its vessel, Artemis Arctic. The seismic survey commenced in November 2014 and is scheduled to be completed within approximately 45 days following mobilisation
Technip has been awarded a contract by Abu Dhabi Marine Operating Company (ADMA-OPCO) for project management consultancy (PMC) services for the engineering, procurement and construction (EPC) works of the Nasr Phase II Full Field Development project – Packages 1, 2 & 3. The Nasr Phase II Full Field
Oslo-listed seismic player Polarcus has slipped into the red as revenue slumped on a market slowdown due to cost-cutting by oil companies. The company recorded a net loss of USD 8.9 million in Q3 2014 compared to a net profit of USD 19.9 million in Q3 2013. Basic and diluted EPS were negative USD 0.
Drydocks World and Maritime World have been awarded the Best Oil & Gas Project Award for outstanding Project Excellence on the SOLAN Project. The gala event was held on the 30th anniversary of Abu Dhabi International Petroleum Exhibition & Conference (ADIPEC) at the Emirates Palace, Abu Dhabi on Nov
