BMT Scientific Marine Services (BMT) announces the opening of a new office in Rio de Janeiro, Brazil. Trading as BMT Scientific Marine Services Ltda, BMT will operate in Rio de Janeiro as an extension of its existing offices in California and Houston. The local presence provided by this new base in
Canadian firm Thin Red Line Aerospace has completed the first structure specifically designed and built for undersea compressed air energy storage (CAES). The structure, also referred to as an “Energy Bag”, is to be anchored to the seabed off the coast of Scotland next month as part of a major renew
Endeavour International Corporation reported adjusted EBITDA for the first quarter of 2011 was $4.1 million compared to $9.7 million in the first quarter of 2010. On a GAAP basis, net loss was $(7.5) million for the first quarter of 2011 as compared to $(15.2) million for the same quarter in 2010. “
Schilling Robotics, LLC, experts in subsea systems, announced the official opening of their new North Sea Service and Support Centre in Aberdeen, Scotland. The support centre includes a parts warehouse with over $3 million of ROV and manipulator inventory, comprehensive workshop facilities, and prof
FMC Technologies, Inc. announced that it has been awarded a contract by Petrobras to supply two subsea separation and boosting systems for the Congro and Corvina fields, located offshore Brazil in the Campos Basin. The contract has a value of approximately $130 million in revenue to FMC Technologies
Subsea 7 S.A. announces the award of the ’Installation and Commissioning of G1 Field Subsea Production Facilities, Under G-1 & GS-15 Fields Development Project’ from Oil and Natural Gas Corporation Ltd (ONGC). The project involves the transportation and installation of flexible flowlines and umbilic
The newly formed Subsea Radio Users Group, formally launched at the Offshore Technology Conference, Reliant Park, Houston, TX. As a not-for-profit organization headquartered in Houston, TX, the Subsea Radio User Group (or SRUG) will be dedicated to defining the standards and guiding future adoption
IHC Merwede has announced that is has acquired Hytech on 3 May 2011. This acquisition enables IHC Merwede to further secure its position in the offshore market. IHC Merwede designs and constructs dive support vessels suitable for activities to a depth of 300 metres. Hytech designs the on-board equip
Offshore Marine Management (OMM) has recently secured a contract with Fluor for the installation and subsequent trenching of 29 inter-array… (eeegr) [mappress] Source: eeegr ,May 03 , 2011;
Saipem has been awarded new E&C Offshore contracts worth in excess of $1 billion in China and Brazil. The offshore activities for both the contracts will be performed mainly by the newly-built and highly-specialized Saipem FDS 2 vessel, in different periods between 2012 and 2013. In China, Husky Oil
General Cable Corporation , one of the most globally diversified industrial companies, reported today results for the first quarter ended April 1, 2011. Diluted earnings per share for the first quarter of 2011 were $0.70. Included in these results was $0.09 per share of non-cash convertible debt int
Nexans, a worldwide leading expert in the cable industry, has been awarded a 20 million euro contract by Statoil to design and manufacture the direct electrical heating (DEH) system for the subsea pipelines serving the new Fossekall Dompap oil and gas field on the Norwegian Continental Shelf. The Fo
Oil States International, Inc. announced that its Oil States Industries subsidiary has launched its newly enhanced FlexJoint(R) riser connector technology. The innovative Gen II FlexJoint(R) riser design has been upgraded to extend service life at sustained high temperatures and under high-pressure
Unique Maritime Group a leading provider of specialized engineering solutions to the subsea and offshore oil and gas industries entered into a long term contract with NPCC, Abu Dhabi to supply Survey Equipment on rental basis for various projects in the UAE and India. The NATIONAL PETROLEUM CONSTRUC