Oceaneering International, Inc. yesterday reported record first quarter earnings for the period ended March 31, 2012. On revenue of $594.9 million, Oceaneering generated net income of $51.5 million, or $0.47 per share. During the corresponding period in 2011, Oceaneering reported revenue of $470.4 m
HMNZS RESOLUTION, the RNZN’s principal hydrographic survey vessel will decommission from service at a formal ceremony in the Devonport Naval Base on Friday 27 April 2012. Media are invited to the event which will be attended by the Chief of Navy and other senior military dignitaries. During the cere
“The past fiscal year was not an easy year for the energy industry and therefore also not for EnBW. It is all the more pleasing that we were able to create the main conditions for further forward-looking investments, despite the difficult general environment. The measures we have taken to safeguard
“The past fiscal year was not an easy year for the energy industry and therefore also not for EnBW. It is all the more pleasing that we were able to create the main conditions for further forward-looking investments, despite the difficult general environment. The measures we have taken to safeguard
UK-based Viper Subsea has signed a new collaboration agreement with Perth based Velocious. The agreement enables both companies, each of whom are already globally recognised as providers of high quality subsea solutions, to expand their offerings to overseas markets and collaborate on product supply
Kherson Shipyard has Successfully Completed the Construction of Offshore Structures for Italian Saipem Company. Recently PJSC Kherson Shipyard completed the construction of 6 pcs. offshore Structures of Suction Anchors (Hull No.18027) for Italian Offshore Saipem Company, designed to secure the under
UTEC has completed factory acceptance tests and has taken delivery of an additional Teledyne Gavia AUV (#27) to expand their AUV fleet. UTEC’s fleet of 1000m-rated AUV systems are licensed for use in 67 countries from UTEC’s Houston base. “UTEC is committed to investing in the best equipment and the
The Alaska Marine Highway System (AMHS) announced, on April 24th, that Alaska Ship and Drydock LLC (ASD) has officially signed on as a partner with the State of Alaska to design the Alaska Class Ferry. The Professional Services Agreement contract signed between the state and ASD designates the shipy
Mermaid Maritime Public Company Limited (“Mermaid”) announces that its business unit Subtech Qatar Diving and Marine Services LLC (“Subtech”) has recently been awarded three (3) new contracts with new and existing clients. The first contract has already started and has an estimated value of USD 2.2
American Electric Technologies, Inc., a leading global supplier of power delivery solutions for the energy industry, announced today the introduction of its new M&I(R) DrillAssist(TM) Drilling Control System. Based on field-proven control system software AETI acquired from Amnor Technologies in Marc
The largest container ship of French shipping company CMA CGM, the 365 metre long Christophe Colomb, on April 24 called at DP World’s flagship Jebel Ali Port for the first time, reinforcing the port’s role as a regional gateway for the new generation of mega liner vessels. The ship, which has a nomi
One of world’s leading suppliers of through-water and through-ground wireless technology for communication, navigation and power transfer, WFS Technologies will be exhibiting next week at OTC 2012 in Houston on the Scottish Pavilion, booth 2075/7. WFS invites attendees to their booth where they will
Intergraph® has formally opened the newly-expanded Intergraph Global Marine Center in Busan, South Korea. This center of excellence has a dedicated team of marine experts to support customers, enabling them to implement SmartMarine® Enterprise easily for enhanced productivity in their marine and off
Offshore wind farm developers will be able to fund their projects despite the reduction in support from banks, Green Giraffe Energy Bankers said to Bloomberg. The financing will come from utilities and third parties. “Funding, whether debt finance, equity or other hybrid forms, is there for good pro
