Ithaca Energy Inc. has announced its quarterly financial results for the three months ended 30 June 2014 (Q2-2014) and half yearly results for the six months ended 30 June 2014 (H1-2014). Highlights – H1-2014 cashflow from operations of $101.8 million (H1-2013: $100.5 million), reflecting a Q2-2014
iXBlue, a provider of navigation and positioning systems for offshore and defense applications, has significantly increased support and product availability in Brazil. This is in line with the company’s strategic plans to accelerate sustainable long-term growth in this important and expanding market
Romica Engineering Ltd (REL) have signed a contract with Geo Marine Technology Co. Ltd China to provide a Conductivity, Temperature, Depth (CTD) launch and recovery system (LARS) to The Second Institute Oceanography (State Oceanic Administration) China. This system provides the capability of 10,000m
Seabed Supporter, Swire Seabed’s third specialist subsea vessel, was named earlier this year in Baku, Azerbaijan and it’s Swire Seabed’s first operated vessel in this Country. The vessel was constructed by the Norwegian shipyard Fjellstrand in Western Norway, and is operated by Swire Seabed, subsidi
The hull of one of Siemens’ new service operation vessels (SOVs) is on its way towards Norwegian Havyard shipyard, where it is supposed to arrive any day now. On July 19, 2014, the hull was launched at the Cemre shipyard in Turkey, reported Ingo Bischof, Siemens’ Project Manager for Offshore Service
The hull of one of Siemens’ new service operation vessels (SOVs) is on its way towards Norwegian Havyard shipyard, where it is supposed to arrive any day now. On July 19, 2014, the hull was launched at the Cemre shipyard in Turkey, reported Ingo Bischof, Siemens’ Project Manager for Offshore Service
Tata Steel has signed a series of contracts with Subsea 7, one of the world’s leading contractors in engineering, construction and subsea services to the offshore industry, to supply undersea pipes to four separate North Sea projects. The four contracts, signed over the past year and worth an estima
A consortium of six global companies announced that they have signed commercial agreements to build and operate a new Trans-Pacific cable system to be called “FASTER” with NEC Corporation as the system supplier. The FASTER cable network will connect the United States to two landing locations in Japa
CGG has announced that Pemex recently awarded CGG a contract worth close to US $200m for ocean bottom cable (OBC) 3D-4C seismic work in one of the oil company’s most important producing areas, the Ku Maloob Zaap oil field and the light crude oil fields of the Bay of Campeche in the Gulf of Mexico. [
Trawlercat Marine Designs (TMD), a specialised power catamaran design company, officially entered the 2010 UK Carbon Trust OWA competition with a very innovative 20m “North Sea-Cat” vessel design. However, the company has revised its 2010 competition entry design with two new models. The Offshore Wi
Cal Dive International, Inc. has reported a second quarter 2014 loss of $29.1 million, or $0.31 per diluted share, on revenues of $121.7 million. Included in the loss for the second quarter 2014 is a $6.2 million after-tax charge for the provision of doubtful accounts related to a receivable owed by
Mainstream Renewable Power has recently started its detailed geotechnical and geophysical survey of the proposed Neart na Gaoithe offshore wind farm site. The survey work has started on August 4th 2014 and will continue until approximately September 30th 2014. The planned wind farm site is located i
Work on jointing the Normandie 3 subsea cable to the Jersey land cable has started, last week, in the transition bay at Long Beach car park. The operation by Prysmian’s specialist engineers is expected to take about two weeks. The corresponding land/sea transition joint in France was completed last
Osiris has announced its third successful multi-year contract win at Arish Mell.The contract sees Osiris enter into their 12th successive year involved with effluent waste water pipe by being responsible for the inspection and maintenance of the pipeline. The Arish Mell pipeline begins at Research S
