Fugro has reached agreement with JDR Cable Systems (Netherlands) Ltd to acquire JDR Cable Systems Holdings Netherlands BV and its marine cable subsidiary JDR Cable Systems BV, together comprising JDR’s Marine Cables division. JDR Marine Cables designs and produces special marine cables for oil and g
CGGVeritas announced a new joint venture with the Norwegian ship-owner Eidesvik Offshore to manage ten high-capacity 3D vessels in the CGGVeritas fleet, including the two new X-BOW vessels, Oceanic Vega and Oceanic Sirius. The joint venture, CGGVeritas Eidesvik Ship Management AS, will be based in B
FLIR Systems, Inc. announced financial results for the first quarter ended March 31, 2011. Revenue was $373.5 million, up 30% compared to first quarter 2010 revenue of $287.3 million. Operating income in the first quarter was $76.6 million, compared to $84.3 million in the first quarter of 2010, and
Blue Offshore announced the appointment of Stijn Folkers to the role of Commercial Director. Folkers will be responsible for the management of Blue Offshore’s Commercial Departments. Folkers has a strong background in the offshore industry. He served most recently as Manager of Contracts at Seaway H
Statoil has responded to questions put by the Petroleum Safety Authority Norway (PSA) in connection with its report into the Gullfaks B gas leak on 4 December 2010. “Concern with health, safety and the environment (HSE) is our first priority,” says Øystein Michelsen, executive vice president for Dev
Schilling Robotics, LLC, experts in subsea systems, announced that C-Innovation has placed a contract for multiple ROV systems in support of their expanding international operations. This contract includes the supply of both HD™ and UHD™ work class ROV systems that will be deployed globally, includi
Ulstein Design & Solutions has signed two ship design contracts with the Brazilian Shipyard Alianca S.A for the building of two ULSTEIN PX105 platform supply vessels with the X-BOW® hull line design for the Brazilian shipowner CBO. The contracts are worth approximately NOK 150 million. The contracts
Technip’s Annual General Meeting of Shareholders, held on April 28, 2011, ratified the cooption of Marie-Ange Debon(1), which was announced in 2010. In addition, the Annual General Meeting approved the nomination of two new female directors, C. Maury Devine(2) and Leticia Costa(3), thus bringing the
Oil and Natural Gas Corporation (ONGC) of India has awarded Baker Hughes a five-year contract to provide drilling and evaluation services and to manage third-party services for the Platinum Explorer drillship. Under the terms of the contract, Baker Hughes will supply directional drilling, measuremen
Subsea 7 S.A. announced the publication of the 2010 Annual Report for its indirect subsidiary Subsea 7 Inc. for fiscal year 2010 which ended on December 31, 2010. Subsea 7 Annual Report 2010 Subsea 7 S.A. is a seabed-to-surface engineering, construction and services contractor to the offshore energy
On the morning of 29 April, Sinopacific Shipbuilding Group, China’s leading private shipbuilding enterprise held the ship naming ceremony at its Zhejiang Shipyard for GPA696, the global first fabricated model of Offshore Support Vessel(OSV) built for France’s Bourbon Company. Afterwards, a sea trial
Cameron reported net income of $109.5 million, or $0.43 per diluted share, for the quarter ended March 31, 2011, compared with net income of $120.4 million, or $0.48 per diluted share, for the first quarter of 2010. The first quarter 2011 results include after-tax charges of $7.0 million, or $0.03 p
Researchers from Woods Hole Oceanographic Institution (WHOI) and their colleagues have discovered that massive, swirling ocean eddies–known to be up to 500 kilometers across at the surface–can reach all the way to the ocean bottom at mid-ocean ridges, some 2,500 meters deep, transporting tiny sea cr
SBM Offshore announces it has been awarded the following contracts. 1. FPSO Oil Offloading System A contract relating to the Deep Water Oil Loading System required as part of an oil field development offshore West Africa. The scope of work for SBM Offshore consists of: · the engineering, procurement
