Houston-based, FMC Technologies, has recorded net income for the fourth quarter of $168.6 million or $0.72 per share, versus $177.8 million or $0.74 per share same time last year. However, after adjusting for a roughly $25 million charge related to FMC’s pension, and a $25.5 million foreign currency
Halliburton Company and Baker Hughes Incorporated today announced that, as expected, the companies have each received a request for additional information from the United States Department of Justice (“DOJ”) in connection with Halliburton’s pending acquisition of Baker Hughes. The second requests we
GTT said it has received an order for six LNGCs which will be built by the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering.
GTT said it has received an order for six LNGCs which will be built by the South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering.
A division of the Unique Maritime Group (UMG), an integrated turnkey subsea and offshore solution providers, Unique System LLC (USA) is participating at the Underwater Intervention show to be held from February 10- 12, 2015 at the Morial Convention Center in New Orleans, USA. Underwater Intervention
Neptune Marine Services, a provider of integrated inspection, repair and maintenance solutions, has announced an expansion of it’s ROV fleet, by adding two fully refurbished 150 HP TMRV systems. According to the Neptune, the acquisition is a part of the company’s strategic ‘One Neptune’ growth plan
DP World London Gateway has announced plans to move forward with a third berth at the UK’s new deep-sea hub port, located 25 miles from central London. The Secretary of State for Transport, Patrick McLoughlin MP, visited the state-of-the-art port with local MPs. He climbed one of the world’s tallest
SeeByte in collaboration with VideoRay have successfully developed and tested improvements to the Sonar CoPilot system. According to SeeByte, these software upgrades include improvements to the user interfaces and target tracking features. The system provides a comprehensive tool to allow for 1-clic
Wallsend-based manufacturer of subsea vehicle systems, Soil Machine Dynamics (SMD) has added two new members to its sales teams. Ian Bryan, who qualified as a chartered engineer while working on nuclear submarines in the Royal Navy, joins SMD team from the Crown Estate. Ian brings with him a range o
Subsea and marine recruitment specialist etpm has introduced two new key service lines and made two senior appointments to further grow and develop its service. According to the company, the changes further position etpm as the provider of one of the most comprehensive crewing service agencies in th
Sonardyne International’s acoustic modem technology has been used by Shell to recover survey data from a network of long-life seabed sensors deployed in the North Sea. To date, the network of Autonomous Monitoring Transponders (AMTs) has collected over a quarter of a billion measurements as part of
Maritech International, a provider of subsea installations and marine works to the international oil and gas, telecommunications and power transmission industries, has successfully completed a subsea power cable installation in Newfoundland. The USD$14.5 million contract with Newfoundland Power Inc.
Dredging, Environmental and Marine Engineering NV (DEME), an international group of specialized companies in the field of capital and maintenance dredging, land reclamation, port infrastructure development and etc, has just released a video about the Waterdunen coastal protection project. Waterdunen
ABB has won an order worth over $100 million from Energinet.dk, the Danish transmission system operator, to build an alternating current (AC) cable system that will enable the integration and transmission of power from the Kriegers Flak offshore wind farm to the mainland grid. As Denmark’s largest o
