TGS commences the second season of multi-client 3D seismic acquisition in the Moray Firth, offshore United Kingdom. The survey, MF11, will add over 2,500 km2 of new 3D data to the previous project area announced last June. The M/V Oceanic Challenger will acquire the MF11 survey. Data collection is s
Teekay Corporation reported an adjusted net loss attributable to stockholders of Teekay(1) of $27.9 million, or $0.39 per share, for the quarter ended March 31, 2011, compared to adjusted net loss of $3.9 million, or $0.05 per share, attributable to the stockholders of Teekay for the same period of
The Board of Woodside has appointed Peter Coleman as the company’s Chief Executive Officer and Managing Director. Mr Coleman will succeed Don Voelte, who announced last October that he intended to retire from Woodside after more than seven years with the company. Mr Coleman will take up his appointm
After a competitive tender process, Technip has been awarded by Statoil Brasil Óleo & Gàs Ltda. a frame agreement for engineering studies. The scope of this 3-year contract covers feasibility, concept and front-end engineering design studies for Statoil’s existing offshore production fields and futu
Jee, a pipeline, riser and subsea engineering and training company for the oil, gas and renewables industries, announces that industry specialist Jonathan Lindsay joined its management team on 1 May 2011. Jonathan will head up the Aberdeen office and be responsible for operations and performance. Jo
McDermott International, Inc. reported income from continuing operations of $68.8 million, or $0.29 per diluted share, for the 2011 first quarter. The results of the 2011 first quarter compare to income from continuing operations of $51.6 million, or $0.22 per diluted share, in the corresponding per
Ashtead Technology Offshore announced the addition of both the Tritech Gemini 720i and 720id Real-time Multibeam Imaging Sonars to the sophi… [mappress] Source: subseauk,May 11, 2011;
Offshore Marine Management (OMM) announces opening of a new office in Cambridge. Located at Conqueror House, Vision Park, Chivers Way, Histon, Cambridge, CB24 9NL the expansion was necessary to accommodate the company’s continued growth. This growth is driven by a growing client base and a diverse r
ASC, a specialist submarine cable subsidiary of Leighton Contractors, has signed a contract with Alcatel-Lucent as part of ASC’s plan to build, own and operate a 4,800km multi-terabit submarine cable system with an option for 100 Gigabit per second (100Gbit/s) transmission. The new system will link
Commenting on the first quarter results, Christian Lefèvre, Chief Executive Officer of BOURBON, said: ““As anticipated at the end of 2010, the market recovery is contributing to pushing vessel utilization rates up to 83.1% whilst daily rates are slightly higher than those in the fourth quarter of 20
The industry body which represents the UK’s subsea sector has appointed a new chief executive. Neil Gordon will take over the reins at Subsea UK at the beginning of July 2011. Currently general manager of the National Hyperbaric Centre in Aberdeen, Mr Gordon has over 20 years’ management and busines
Preparations for repair of the NorNed cable between Norway and the Netherlands are currently well underway, TenneT says in an update on the NorNed-failure. The problem was caused by a cable failure approx. 300 metres off the Dutch coast. A new cable section will replace the portion of the cable affe
On Tuesday 8 March 2011, Huisman, the Dutch-based specialist in lifting, drilling and subsea solutions, successfully completed the load testing of the new build 600mt Pedestal Crane onboard Wind Turbine Installation Vessel “MPI Resolution”. The load test was the final step before the crane was hande
Nautronix announces the appointment of Richard Harris as the new Vice President of Sales for the Americas region. Richard joins the company with a strong background in the subsea service sector having held positions at Ashtead Technology, Sonsub, Technip and most recently as a Sales Manager for Acer