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
China Oilfield Services Limited announced its unaudited results for the three months ended 31 March 2011. During the first quarter of 2011, the Group proactively met with competitions from the market, strived to explore domestic and overseas new markets while reinforcing its presence in existing mar
IHC Engineering Business (IHC EB), a part of IHC Merwede group, has successfully delivered its largest project to date, a 2,000 tonne capacity J-Lay tower for client Saipem. After intensive design, manufacture and installation, assisted by Saipem teams, the system is en route to West Africa. The rig
Sevan Marine ASA and Sevan Drilling ASA announce the completion of the bookbuilding period for the initial public offering of the shares in Sevan Drilling. Shares will be priced at NOK 8 per share. Sevan Drilling will issue 240,625,000 new shares in connection with the Offering, representing 71.5% o
Oceaneering International, Inc. reported first quarter earnings for the period ended March 31, 2011. On revenue of $470.4 million, Oceaneering generated net income of $42.1 million, or $0.77 per share. During the corresponding period in 2010, Oceaneering reported revenue of $435.2 million and net in
BMT Scientific Marine Services has launched a fully-qualified ROV-Serviceable Subsea Strain Sensor Assembly (SSSA) for monitoring the structural integrity of subsea structures (tendons, production risers, steel catenary risers, platform legs and braces, etc). Until now, sensors were limited to diver
