Harland and Wolff will manufacture the first two commercial offshore suction bucket foundations (Universal Foundations) at its Belfast facilities. The contract forms part of an overall project secured by Fred. Olsen United AS with Forewind Ltd. for the construction, delivery and installation of two
Oceaneering International, Inc. reported third quarter earnings for the period ended September 30, 2011. On revenue of $602 million, Oceaneering generated net income of $78.6 million, or $0.72 per share. These results include an $18.3 million pre-tax gain, $11.9 million after tax using an incrementa
CGGVeritas announced that the first project for its recently launched Oceanic Sirius X-BOW® seismic vessel will be a 3D BroadSeis™ survey on the Avaldsnes field, potentially estimated to be the third largest oil discovery in Norway, on behalf of Lundin Petroleum. The Oceanic Sirius joined the CGGVer
On October 25, 2011, Technip’s Board of Directors approved the third quarter 2011 consolidated accounts. Third Quarter 2011 Results • Revenue of €1,699 million, of which €754 million in Subsea • Group operating margin4 of 10.6%: 16.9% in Subsea and 7.1% in Onshore/Offshore • €2,352 million of order
The UK-France power interconnector is to return to its full 2,000 megawatt (MW) capacity on Friday afternoon at 1700 UK time (1800 CET… (Reuters) [mappress] Source: Reuters,October 27 , 2011;
“Statoil delivered strong financial results in the third quarter of 2011, reflecting operational performance in line with expectations and strong oil and gas prices throughout the period,” says Helge Lund, Statoil’s chief executive officer. Statoil presented the long term strategy and long term grow
Proposals for a subsea electricity cable between Orkney and Caithness have been put out for public consultation… (BBC) [mappress] Source: BBC ,October 27 , 2011;
A team of astronauts and scientists who are living and working on the ocean floor as part of a simulated trip to an asteroid are nearing the… (Space) [mappress] Source: Space, October 26 , 2011;
Cal Dive International, Inc. announced that it has been awarded a contract by Pemex Exploración y Producción for the installation of an 8 inch subsea pipeline located in the Abkatun Field in 47 meters of water. The contract will generate total revenue of approximately $27 million and will utilize tw
The new Northern Europe team will be headed by business leader Steve Brittain, with Steve Clark as operations manager and Paul Harrison as sales manager. The appointments – effective from 1 September – are part of organisational changes in the EMEA region to maximise opportunities in Scandinavia whi
Fugro has successfully completed 2 positional and depth of burial surveys on export cables for SSE’s 500MW Greater Gabbard offshore wind farm off the Suffolk coast on behalf of installation contractor Fluor. The main objective is to provide a final report with the final position including depth of b
Kongsberg Maritime Ltd, the UK subsidiary of global marine technology company Kongsberg Maritime, has been awarded a contract with leading wave energy technology provider Aquamarine Power to carry out underwater noise assessments relating to its Oyster wave energy device. The Oyster device has been
Tim Arcano, an ocean engineer with extensive experience in naval submarine and submersible design and engineering was selected as… NOAA [mappress] Source: NOAA, October 26 , 2011
Forewind, development partner for the Dogger Bank offshore wind farm zone, potentially the world’s largest wind energy project, has signed an agreement with National Grid for two 1GW grid connections potentially located in Teesside. Subject to the results of technical studies, yet to be completed, i
