Total announces the signature of production sharing agreements with the Côte d’Ivoire state and national oil company Petroci for three new ultra-deep offshore licenses. Total will operate the CI-514 license with a 54% interest, in partnership with Canadian Natural Ressources International (36%) and
The Subsea UK Global Export Award 2012, sponsored by Scottish Enterprise, was presented to Bowtech Products Ltd of Aberdeen at the Subsea UK 2012 Business Awards Dinner held on Wednesday 8th February 2012. Held at the Aberdeen Exhibition and Conference Centre, attended by over 750 of their peers, th
Nautronix are delighted to have won the Innovation and Technology Award, sponsored by Simmons & Company International for their NASeBOP (Nautronix Emergency BOP Acoustic Control) System at the Annual Subsea 2012 Business Awards. This prestigious award is a major achievement in recognition for the ad
BlueView Technologies the world leader in compact acoustic imaging and measurement technology has extended the maximum detection range of its P450 Series 2D Mulitbeam Imaging Sonar to 300 meters (984 ft.). BlueView’s P450 Series now offer the longest real-time detection range available from a compac
Helix Energy Solutions Group, Inc. announced that it is proceeding with the construction of a newbuild semisubmersible well intervention vessel. Owen Kratz, Helix’s Chairman and CEO, stated, “We are leveraging our market and technological leadership in subsea well intervention along with the proven
The study from Carnegie Mellon University says that in the worst case, almost half of the proposed offshore wind turbines could be destroyed in the next 20 years by hurricanes. The U.S. Department of Energy wants to generate 20 percent of U.S. electricity needs from wind by 2030, and they want one-s
Coastline Surveys announce that they have been selected to support the National network of strategic regional coastal monitoring programmes-framework agreement, South West Region. The award consists of a Five year programme to provide single beam & bathymetric surveys to the South West Region in rel
2012 starts for T.O.S. (Transport & Offshore Services) with an expansion of its services in the Oil & Gas industry. Early this year Michael Koops was appointed as Business Development Manager Oil & Gas to strengthen the positions of T.O.S. in this industry. Koops: “T.O.S. is a strong player in suppl
The oil activity in Arctic regions will require new technologies for oil spill prevention. “This summer, we will offer this innovative challenge to 10 creative students in the fields of engineering, economy or other disciplines,” says Knut Ørbeck-Nilssen, DNV’s Vice President for Norway, Russia and
Due to the huge demand for subsea controls training from companies in the oil and gas industry, Jee has responded by investing in a brand new training course. As an independent pipeline, riser and subsea engineering and training company, Jee is ideally placed to offer a detailed and objective traini
Kvaerner had operating revenues of NOK 3 004 million in the fourth quarter 2011. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 249 million, resulting in an EBITDA margin of 8.3 percent. The Board of Directors proposes a dividend of NOK 1.00 per share for 2011.
Tritech International reaches a milestone in 2012 as it celebrates its 21st year in business. Tritech began with the idea to develop industry-standard sonars that rivalled the competition in both cost and size. Tritech continues this ethos to innovate, providing high performance subsea technology an
FMC Technologies, Inc. reported fourth quarter 2011 revenue of $1.5 billion, up 36 percent from the prior-year quarter. Diluted earnings per share were $0.41, equal to the prior-year quarter. Total inbound orders of $1.8 billion were up 14 percent from the prior-year quarter and included $1.3 billio
The next generation of wind energy facilities in the United States may be built offshore where winds are stronger, floating platforms could be utilized, and links to power grids may already exist. Though the development of such offshore wind towers locally is still in the conceptual stage, there alr
