Solstad Offshore ASA (SOFF) have signed a Letter of Intent (LOI) with Subsea 7 for hire of SOFF’s offshore construction and support vessel (CSV) “Normand Oceanic”. The agreement is for a firm charter period of 3 years with 3 x 1 year option. Commencement is currently expected to be April 2012. The c
Deep Down, Inc. an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, today reported $156 thousand of net income before equity in joint venture operations for the second quarter of 2011, an improvement of $648 thousand, or 132
Imagine an underwater system of robots and cameras that monitors every movement of the seafloor, even deep-sea earthquakes, in real time… (nwcn) [mappress] Source: nwcn, August 12, 2011;
Kvaerner today announced second quarter 2011 results. “We are delivering a robust second quarter despite the loss on the Blind Faith project and a loss provision on the Longview project”, says Jan Arve Haugan, President & CEO of Kvaerner. Operating revenues in the second quarter amounted to NOK 3 9
Aker Solutions’ operating revenues in the second quarter of 2011 were NOK 7.8 billion. Earnings before interest, tax, depreciation and amortisation amounted to NOK 636 million. Order intake in the quarter was NOK 14.3 billion. “We have a strong order intake which reflects high tendering and activity
DECOM North Sea member company, PDL Solutions (Europe) Limited, have been awarded a framework agreement with Shell UK Ltd to provide advanced Computational Fluid Dynamics (CFD) and Finite Element Analysis (FEA) support to the Shell UK engineering team on the Brent Decommissioning Project. PDL are a
Deepwater mooring specialist, First Subsea, has been awarded a contract by Chevron U.S.A. Inc. to supply the mooring connectors for the Jack & St. Malo semisubmersible hub production facility in the Jack and St. Malo fields located approximately 280 miles south of New Orleans, Louisiana, in water de
The Seajacks vessels continue to work in tandem, installing Siemens 3.6MW WTGs at a rapid pace on Walney 2 Offshore Wind Farm. Recent installation activities have been described as “booming” by client Dong Energy. 155 turbines now installed – 7 turbines installed in the past week Seajacks Operations
Aker Solutions has secured a contract with Murphy Sabah Oil Co., Ltd. to deliver a subsea production system for the Kikeh subsea expansion project off the coast of Sabah in East Malaysia. Contract value is undisclosed. The scope of work includes the delivery of deepwater oil production equipment suc
On August 9, SOCAR as leader of the Shah Deniz Export Negotiating Team announced that a request for proposal (RFP) and a request for information (RFI) has been issued to the three main prospective EU pipeline groups for transit of Shah Deniz gas to Europe. These are IGI Poseidon, Trans-Adriatic Pipe
The Maritime and Coastguard Agency (MCA) has awarded marine survey specialists EMU Limited (EMU) a multi-million pound hydrographic contract as part of its programme to systematically survey the waters around the UK. Using the latest dual-head high-resolution multibeamechosounders to obtain seabed d
Norwegian Energy Company ASA today presents its second quarter 2011 results, with EBITDA of NOK 149 million and a negative net result of NOK 9 million from continued operations. Noreco had revenues of NOK 396 million from continued operations in second quarter 2011, an increase of 10 percent compare
BMT Defence Services Ltd, a subsidiary of BMT Group Ltd, the leading international maritime design, engineering and risk management consultancy, has announced the promotion of Tim Hardy to the role of Head of Naval Engineering. Tim will lead a team of more than 60 people comprising some of the indus
Reaching a new threshold in underwater medical studies, the Office of Naval Research (ONR) announced Aug. 10 an innovative capability for examining how cells work at pressures far below the sea surface. Researchers at the Navy Experimental Diving Unit (NEDU) have designed, built and validated a nove
