A2SEA earned DKK 276,5 million (EUR 37 million) in 2013, which is the largest ever profit for the company in the 14 years of its operation. “We secured a very large occupancy of our vessels in 2013 including our new vessel SEA INSTALLER operating throughout the entire year. This has resulted in an i
Following a competitive tendering process conducted on behalf of one of the big six energy companies by ECOSSE SUBSEA SYSTEMS, industrial supply company OAASIS GROUP LTD was awarded a two year framework agreement by the energy company to supply personal protective equipment (PPE) and maintenance, re
ASV’s C-Enduro demonstrates endurance and payload capability in Scotland trials. The trials took place off the west coast of Scotland and marked the next stage in a project initiated by the National Oceanography Centre (NOC) in their search for long endurance USVs with greater payload capacity and s
SacOil, the South African based independent African oil and gas company, provides an update on its on-going operational activities in Nigeria and Malawi. Satisfactory progress has been made across the existing portfolio of exploration and appraisal assets. The Company also continues to evaluate a nu
Otto Energy Ltd (Otto) provides an update on the Galoc oil field reserves in the Philippines as at 1 January 2014. The operator of the Galoc oil field, Galoc Production Company WLL, a wholly owned subsidiary of Otto, has commissioned an annual review of remaining oil reserves from RISC, an independe
Petrobras completed the drilling of two wells in the Transfer of Rights area, in the Santos Basin. Results have confirmed the discovery of good quality oil in the pre-salt reservoirs referred to as Florim and Entorno de Iara. Well 3-BRSA-1215-RJS (3-RJS-725), informally referred to as Florim 2, is a
Fred. Olsen Windcarrier International Ltd., which is indirectly owned 50/50 by Bonheur ASA and Ganger Rolf ASA, has been awarded an additional transport and installation contract by the German company Global Tech I Offshore Wind GmbH for the installation vessel Bold Tern. The Bold Tern joins her sis
Portsmouth Naval Shipyard (PNSY) completed the vital repair and recertification of the hull on the Pressurized Rescue Module System (PRM-1 Falcon), the Navy’s only deep sea submarine rescue asset on Feb. 14. Falcon arrived at the shipyard in April 2013 for complex hull repairs including validation a
An accommodation platform for the DanTysk offshore wind farm, comprising five and a half stories, is taking shape in Kiel. The platform, which is 20 meters high and weighing 2,500 tons, will be rising 20 meters above the sea surface. Nobiskrug shipyard, based in Schleswig-Holstein, is building this
Odyssey Marine Exploration, Inc. has been awarded the exclusive contract to conduct an archaeological excavation and recover the remaining valuable cargo from the SS Central America shipwreck located approximately 160 miles off the coast of South Carolina. The ship, which was immortalized in the bes
The Dutch company Sima Charters successfully delivered a Multi-Purpose 66ft Tender, christened SC Amethyst. The tender features design and naval architecture by Vripack and is engineered for countless activities in the offshore sector. SC Amethyst has been designed by Vripack and Sima Charters, and
Vallourec has been awarded a $100 million contract for the supply of premium pipes with VAM® 21 connections for the offshore ML-South Project, operated by Total’s affiliate Total E&P Borneo in Brunei. After a successful exploration campaign started in 2007, Total has a drilling program starting with
From 18 December 2013 to 23 January 2014, the Petroleum Safety Authority Norway carried out an audit of materials handling on the Goliat FPSO. The objective of the audit was to verify the company’s management of technical, operational and administrative aspects of materials handling on the Goliath F
Saab Seaeye and Los Angeles Long Beach Fire Department have found a way to cut the time that takes to find a victim underwater from an average of three hours, to less than 30 minutes using a cleverly modified Falcon ROV that can rapidly sweep the area. Initially, finding a faster solution using a RO
