Dril-Quip, Inc. has announced net income of $51.3 million, or $1.27 per diluted share for the three months ended June 30, 2014, versus net income of $42.9 million, or $1.05 per diluted share for the second quarter of 2013. Total revenues were $230.3 million during the quarter ended June 30, 2014 com
Dril-Quip, Inc. today announced net income of $51.3 million, or $1.27 per diluted share for the three months ended June 30, 2014, versus net income of $42.9 million, or $1.05 per diluted share for the second quarter of 2013. Total revenues were $230.3 million during the quarter ended June 30, 2014 c
X-SUBSEA has secured a significant excavation contract to assist a civil engineering company with the construction of a dam across the Ohio River in the US. The innovative project, across the busiest inland stretch of waterway in the US, involves placing piers onto a concrete template placed into th
Modus Seabed Intervention Ltd, a provider of integrated project support services and remote and autonomous technologies for subsea and seabed intervention has appointed a new AUV Development Manager. Angus Cooper has joined Modus to spearhead their development and growth plans in the deployment of A
Port of Tallinn (AS Tallinna Sadam) earned an unaudited half-year net profit of 20.2 million euros with company’s turnover reaching 59 million euros. Compared to last year the turnover increased by 7% and the net profit by 16%. “The first half of this year introduced the best ever figures for Port o
Nexans is taking part in the Carbon Trust’s Offshore Wind Accelerator (OWA) program in the UK. Within this program Nexans aims to expand the development of its new 66kV 3-core submarine inter-array cables and accelerate their time to market. The funding allocated to Nexans, worth around 165 k€, came
BGP Inc. has announced that BGP Pioneer has completed Perenco Oil & Gas Gabon 3D seismic acquisition project of approximately 1500 sq. km offshore Gabon. The project included undershoot operations between platforms, and was run in water depth varying between 55 to 15 meters of water depth. Overall,
The Office of Public Works (OPW) has invited bidders to submit their offers for the Bandon dredging project. This development program, named the Bandon Flood Relief Scheme, will involve dredging of the Bandon Town canal for approximately 3.6km and construction of new defense walls. The Bandon flood
The International Well Control Forum (IWCF) is gearing up to launch a new online awareness course focussing on the life cycle of a well, with particular emphasis on well control. It is aimed at everyone working in the oil and gas industry and those planning on entering the sector. The free e-learnin
FMC Technologies President, Chairman, and CEO John Gremp talks about how the company is setting new standards and solving the unique challenges of High Pressure High Temperature (HPHT) subsea fields. On July 21, 2014 the company announced its joint industry program with BP, Shell, Anadarko Petroleum
Lankhorst Ropes has announced an on-site, spooler rental service for pre-tensioning steel wire rope when installing onto a winch system. The service comprises a mobile tensioner with up to 100T back tension, hydraulic powerpack and control pedestal. Pre-tensioning rope when loading onto a winch is c
VideoRay Pro 4 ROVs were used extensively as part of the Costa Concordia wreck removal project, which began in May 2012. The groundbreaking operation relied on 7 VideoRay Pro 4 ROV systems to provide eyes underwater in the extremely challenging and dangerous environment around the wreckage site. The
NDM has secured a new contract with Kleven Verft to supply deck machinery for their newbuilding 379, a MPSV for Malaysian based Joint Venture Company IES Pioneer Ltd. The contract for the new vessel is of the MT 6015 MPSV design, designed by Norwegian design company MarinTeknikk, and will be outfitt
The Training Course “Environmental Aspects of Dredging” will next be presented in Amsterdam, the Netherlands. Organised by the Postgraduate Academic Programme (PAO) of the Delft University of Technology, it will take place 24-25 November 2014. The Training Course is based on the book Environmental A
