Parker Hannifin Corporation, the global leader in motion and control technologies, reported all-time record results for the fiscal 2011 fourth quarter and year ended June 30, 2011. Fiscal 2011 sales were $12.3 billion, an increase of 23.5 percent from $10.0 billion in the prior year and surpassing t
Underwater mining specialist Nautilus Minerals posts first half losses of $7.98m – down from $18.75m a year ago. The reduction was largely a result of the company capitalising exploration and evaluation expenditure at Solwara 1 following receipt of a mining lease from the Papua New Guinea government
MAN Diesel & Turbo signed a contract on 7 July 2011 in Frederikshavn, Denmark for the supply of 4 × MAN 8L32/40 engines to power a seismic vessel ordered by Sanco Shipping of Norway. The vessel will be built by Kleven Maritime at Myklebust shipyard in southern Norway and is scheduled for delivery by
Last week, Saturday the 12th August, the 105 meter Diving Support Vessel “Don Daniel” arrived at De Hoop’s fitting out quay in Rotterdam. Today the wheelhouse, funnel/boomrest and lifeboats where lifted on again. These items where taken off so the vessel could pass the bridges from Lobith to Rotterd
STAR Center, located in Dania Beach, Florida, is launching into the Dynamic Positioning (DP) Training market, expanding its comprehensive world-class simulation training services to the offshore, cable laying and cruise ship markets in the Gulf of Mexico and beyond. In a contract signed with Kongsbe
National Renewable Energy Centre Limited (“Narec”) Awarded Geophysical Survey Contract to EGS International Limited. EGS is to undertake a geophysical survey for the Blyth Offshore wind demonstrator project. EGS will: Provide vessels and equipment suitable for undertaking geophysical survey at site,
Paradigm Flow Solutions has undertaken work which increased production for a supermajor by over 3,000 barrels of oil per day using new groundbreaking technology. The Scotland headquartered company will be revealing how it has this summer cleared subsea pipelines that had been blocked for over a deca
A series of surveys to increase knowledge of Scotland’s marine life is due to be carried out, the Scottish government has said… (bbc) [mappress] Source: bbc, August 15, 2011;
Yaquina Bay is known for its many landmarks, from the graceful curves of the bay bridge, to its historic bay front and Rogue Brewery, and no… (gazettetimes) [mappress] Source: gazettetimes, August 15, 2011; Pacific Hake Survey.
Shell U.K. Limited confirmed the oil leak in a flow line to Gannet Alpha platform is under control. The subsea well was shut in on Wednesday and the flowline on the seabed is now isolated and depressurized. Leakage of oil has been considerably reduced. “Shell takes all spills seriously, regardless o
Swiber Holdings Limited (“Swiber” or together with its subsidiaries, the “Group”), a world class integrated construction and support services provider to the offshore industry, is winning new projects and beefing up its orderbook in quick successions. The Group announced today that it has secured th
STX OSV Holdings Limited (“STX OSV” or “the Company” and together with its subsidiaries, the “Group”), a major global designer and shipbuilder of offshore and specialized vessels headquartered in Norway, announces its results for the second quarter (“2Q 2011”) and first half ended 30 June 2011 (“1H
Aberdeen-based specialist subsea service company DOF Subsea UK, a subsidiary of DOF ASA, has secured a contract with Tullow Oil to provide… (subseauk) [mappress] Source: subseauk, August 12, 2011;
Underwater Cable Project in Thousand Island Administration Regency keep conducted by Jakarta Provincial Government. It is targeted that unde… (beritajakarta) [mappress] Source: beritajakarta, August 12, 2011;