Minehunter Rimini (engaged in the Standing NATO Mine Countermeasures Group 2) identified a mine still with its releasing device in the Black Sea. The discovery was exceptionally uncommon, due to the absence of mud on the device and the still existing connection with the anchor, as well as the physic
Oceaneering International, Inc. reported record quarterly earnings for the second quarter ended June 30, 2014. On revenue of $927.4 million, Oceaneering generated net income of $110.3 million, or $1.02 per share. During the corresponding period in 2013, Oceaneering reported revenue of $820.4 million
TGS announces two multi-client geochemical seafloor sampling and seep studies offshore Canada and in the Barents Sea. Sampling locations for both programs were identified using recently acquired multi-client seismic data. The Labrador Sea Sampling 2014 will be collected in partnership with VBPR and
PETRONAS announces that Bentara field in the Balai Cluster Risk Service Contract (RSC) area located offshore Sarawak, has achieved its first oil production on 25 May 2014. The field which is expected to produce more than 1,000 barrels of oil per day is being developed and operated by BC Petroleum Sd
Dutch offshore companies realised a unique operation in the North Sea. Under the direction of Seaway Heavy Lifting, one of the world’s largest convertor platforms – a ‘power socket at sea’ – is installed to the west of Sylt, the East Frisian Island. Siemens built the SylWin alpha platform. It is so
Pancontinental Oil and Gas NL advises that the 3D and 2D seismic surveys carried out earlier in 2014 in EL 0037 offshore Namibia are starting to yield very encouraging results. Initial mapping has confirmed at least four main prospects in the 3D area – the Albatross, Gannett, Petrel and Seagull Pros
ABB reported strong order growth, stable revenues and a significant increase in cash from operations for the second quarter of 2014. The lower operational EBITDA margin mainly reflects ongoing project-related challenges in the Power Systems (PS) division. Orders of $10.6 billion were 14 percent high
The Port of Hastings Development Authority has begun detailed environmental studies of Western Port’s weather and wave patterns. “We are focusing on finding out as much as we can about Western Port and its environs to better inform planning and design decisions about the proposed container port at H
Canadian Overseas Petroleum Limited, the offshore West Africa focused oil exploration and development company, provides corporate and operational update. Highlights As part of COPL’s strategy in West Africa the company is providing an update on some of its activities as it expands its regional footp
Battling estimated sustained winds of 145 mph and gusts to 175 mph, with waves over 45 feet, a Liquid Robotics Wave Glider® ocean drone positioned directly in the path of the storm successfully navigated and continuously collected weather data through the eye of Typhoon Rammasun (Category 5), one of
FMC Technologies, Inc. reported second quarter 2014 revenue of $2.0 billion, up 16 percent from the prior-year quarter. Diluted earnings per share were $0.95 compared to $0.44 in the prior-year quarter. The quarterly earnings included a pre-tax $86 million gain, or $0.23 per diluted share, related t
Searcher Seismic announces the proposed acquisition of the Pinatubo multi-client 2D seismic survey. Searcher plan to acquire the 3,843 km survey covering a 10 by 20 km grid in the West Luzon Basin. The survey includes coverage over the PECR5 bid round blocks 8,9,10 & 11. The Pinatubo 2D survey offer
Ballast Nedam Offshore installed the 80th and last monopile at the Butendiek Offshore Wind Farm in the German sector of the North Sea. The installation of all these monopiles was completed well within four-month time. This exceptional achievement is entirely due to the efforts of a dedicated and pro
Vard Holdings Limited, one of the major global designers and shipbuilders of offshore and specialised vessels, announced its financial results for the second quarter of financial year 2014 (“2Q2014”), and first half ended 30 June 2014 (“1H2014”). Stable top line, resilient EBITDA margin and solid ca
