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
The Nord Stream Pipeline takes another important step towards its target of starting to deliver gas directly from Russia to the European Union by the end of 2011. Preparations for welding together two of the three sections of the 1,224 kilometre pipeline through the Baltic Sea have now started. They
Following an open competition, the UKHO announces the appointment of Sandra Rogers as new Non-Executive Chair. Sandra, who has been on the UKHO’s board for more than eight years having joined in July 2002, has been Interim Chair since October 2009 and she takes up her new position for an initial ter
VERIPOS has extended its Asia Pacific operations with the opening of a branch office in Australia, in April. The facility is based in Perth and will provide sales and support for both Australia and New Zealand. Bernard He has been appointed as VERIPOS Country Manager – Australia. With the establishm
After taking part in a competitive tender process, CARIS announces that it has been awarded the National Survey Storage System project from Rijkswaterstaat. Rijkswaterstaat, the executive body of the Ministry of Infrastructure and Environment in the Netherlands: ensures safe and smooth flow of traff
Bahamas Petroleum, the oil and gas exploration company with offshore licence permits in The Commonwealth of The Bahamas, announces that it has finalised an agreement with CGGVeritas to undertake a 3D seismic survey over the Company’s southern licence areas, starting in May 2011. The survey will cove
