Cal Dive International, Inc. generated a fourth quarter 2012 loss of $4.4 million, or $0.05 per diluted share, excluding a $4.0 million after-tax non-cash charge related to the marked-to-market adjustment of the derivative liability for the Company’s convertible debt, a $4.1 million after-tax non-ca
INPEX CORPORATION (INPEX) announces that the INPEX-led Ichthys LNG Project has completed insurance arrangements for project facilities related to the Ichthys LNG project during the construction period prior to the production start-up scheduled by the end of 2016. These insurance policies provide cov
Medium voltage cables are successively being installed at the Global Tech I offshore wind farm where 17 foundations were already installed. 80 wind turbines will be connected with the submarine power cables to the transformer station. A special cable-laying vessel CS Sovereign is performing the layi
InterMoor, an Acteon company, has completed an installation and recovery project for Apache Deepwater LLC (Apache) in Mississippi Canyon Block 148, Well 5 in the Gulf of Mexico. The work scope included the overboard, wet transfer, deployment and recovery of a 30-ton interchangeable riserless interve
Two Sailors from Mobile Diving and Salvage Unit (MDSU) Two died while conducting diving operations in Maryland on Feb. 26. One victim was declared deceased at the scene. A second victim was transported to a local medical facility where he was later pronounced dead. The service members’ next of kin h
Pelamis Wave Power has been awarded a £1.4m project from The Energy Technologies Institute (ETI) to fund development work to enhance the cost-effectiveness of wave energy converter arrays in UK waters. The funding will support the first phase of work this year ahead of a larger demonstration program
Gladstone Ports Corporation (GPC) completed a full hydrographic survey of the Bundaberg Port area last week to determine the impacts of the recent unprecedented flood event in the Burnett River. The survey has now been reviewed by the Regional Harbour Master and GPC. The survey indicates the followi
The Board of Thalassa announces that its subsidiary, WGP Energy Services Ltd, has entered into supplemental contracts with Joint Stock Company Sevmorgeo, the Russian geological sea survey company. The supplemental contracts are to supply additional services and a vessel as part of seismic data acqui
Statoil has awarded framework agreements for subsea operations services on the Norwegian Continental Shelf (NCS). The agreement ensures long-term supply of maintenance and operational support for Statoil’s’ subsea fields. The framework agreements could have an estimated total value of up to BNOK 14.
Swiber Holdings Limited (“Swiber” or together with its subsidiaries, “the Group”), a world class integrated construction and support services provider to the offshore oil and gas industry, today reported that the Group has hit a record for both revenue and net profit in FY2012, the highest since its
WGP announces that it has received and executed a letter of intent with Statoil ASA, the Norwegian energy company listed on the Oslo and New York stock exchanges, to provide long-term seismic acquisition services for permanent reservoir monitoring of the Snorre and Grane oil fields in the Norwegian
Aker Solutions, the international oil services provider, has as one of several suppliers been awarded a frame agreement with Statoil for the delivery of subsea operations and services on the Norwegian continental shelf. Subsea operations and services covers installation of subsea equipment, maintena
The Board of FAR Limited (“FAR” or “the Company”) announces the outcome of the updated prospective resource estimates following the completion of internal technical studies. The new assessment of the prospective resources, on an un-risked, best-estimate basis, concludes that approximately seven bill
GSP Offshore and IT International Telecom will combine their experiences to execute projects utilizing both companies’ assets and core competencies in order to provide the Global Subsea Market with Subsea Cable Engineering, Installation, Trenching, Transportation and Maintenance Solutions. Mr. Gabri
