On November 7th, the N-Sea Group BV and Subcom BV have signed a Letter of Intent in relation to the acquisition of Subcom BV by the N-Sea Group BV. Both parties seek to complete this mutually beneficial transaction by the end of this week. As of January 2012 Subcom BV will be integrated into the [&h
Nido Petroleum Philippines Pty Limited as Operator of Service Contract 54B (SC 54B), announces the commencement of 2D seismic operations in SC 54B. NDO’s partners in SC 54B are Shell Philippines Exploration B.V. and Yilgarn Petroleum Philippines Pty Ltd (a wholly owned subsidiary of Kairiki Energy L
Xtera Communications, Inc., a leading global provider of optical networking solutions, announced that Columbus Networks upgraded the ARCOS-1 cable system with its recently introduced regional repeatered Submarine Line Terminal Equipment (SLTE). The 8,600-km submarine cable network connects the Carib
GO plc said that a specialised ship is to repair a submarine cable between Malta and Sicily which was damaged – slowing down Internet servic… (timesofmalta) [mappress] Source: Times of Malta, November 07 , 2011
Melrose Resources plc , the oil and gas exploration, development and production company, provided an update on its operations in Bulgaria, Romania and Egypt. Bulgaria The Company has commenced the acquisition of the planned 3D seismic survey on the Galata exploration block in the Western Black Sea.
Following its manufacture and testing in Leith, ScottishPower Renewables’ new P2 Pelamis wave power device set sail for the European Marine Energy Centre in Orkney on Sunday 6th November. It will undergo further trials as part of a unique cross-industry collaboration project with a similar device ma
BMT Isis, a subsidiary of BMT Group Ltd, the international design, engineering and risk management consultancy, has been awarded the contract to develop and sustain the Safety and Environmental Case Report (SECR) and to provide safety and environmental management support for HMS PROTECTOR. The vesse
Global joint integrity specialist Hydratight has opened an office in Bangalore with sister company, Enerpac, to take advantage of a growing market in the region. The India office team will be headed by regional leader Murali Narasimhan, who was previously Hydratight’s area manager for Kuwait and Ind
Subsea UK held its Annual General Meeting at the Gordon Highlander’s Museum in Aberdeen. 10 new board members were elected by member companies by ballot vote to represent the company and, by proxy, the subsea industry, going forward. The new appointments will add their individual skillsets and talen
A Combination of fast working, high-quality design and service won joint integrity specialist Hydratight a crucial commission at a major BP pumping station in Aberdeen. Hydratight was approached to design, build, test and install a custom-engineered 24in MORGRIP weldless connector in only 10 weeks.
A WASSP Multibeam Sonar is being used by hydrographic surveyors at the grounding of the 236m-cargo vessel MV Rena on the Astrolabe Reef off the coast of New Zealand, to locate lost containers. Marine electronics manufacturer WASSP Ltd, a world leader in multibeam sonar technology has provided one of
Dril-Quip, Inc. announced net income of $23.3 million, or $0.58 per diluted share for the three months ended September 30, 2011, versus net income of $27.7 million, or $0.69 per diluted share for the third quarter of 2010. Total revenues were $155.0 million during the quarter ended September 30, 201
Mexus Gold U.S., a gold, silver, and copper exploration company focused on projects in the Western United States and Northern Mexico announces updates of its operations. Submarine Cable Operations The Mexus tug and barge arrived in Washington State on October 31, 2011. Mexus sales representative, Po
The SMart Wind consortium, led by Mainstream Renewable Power and the Project and Structured Finance unit of Siemens Financial Services, has secured grid capacity for the second gigawatt (GW) of its 4GW Hornsea offshore wind development off the Yorkshire coast. This second grid connection for the off
