Mermaid Maritime Public Company Limited (“Mermaid”) announces that its business unit Subtech Qatar Diving and Marine Services LLC (“Subtech”) has been awarded another subsea services contract in Qatar with an existing client, an international upstream oil and gas operator. This contract will be perf
The latest Applied Acoustics’ S-Boom sub-bottom profiling system is making quite an impact at the SEG show in Las Vegas. Its novel design, three boomer plates connected in series on a single catamaran, has already proved hugely successful in Northern European waters so it’s now being introduced to U
Sercel has added SeaPro Design, a new marine survey design software module, to extend the range of capabilities available in SeaPro Nav Suite, its proven marine navigation software portfolio. SeaPro Design is a highly versatile tool for generating everything from simple geometry to complex designs f
Alcatel-Lucent has announced the intention to sell its submarine cable business and a unit that supplies telephone systems to big companies, Reuters reported. According to Goldman Sachs analysts, the sale of the two businesses could raise up to 400 million euros. Alcatel-Lucent’s submarine business
Ocean Power Technologies, Inc. (OPT), a leading wave energy technology company, announced the formation of an Autonomous PowerBuoy Business Unit within the Company. This new group will target and develop opportunities in the large potential market for OPT’s non-grid-connected PowerBuoys. While OPT c
McDermott International, Inc. yesterday, November 5, reported income of $50.6 million, or $0.21 per diluted share, for the 2012 third quarter. The results of the 2012 third quarter compare to income from continuing operations of $9.8 million, or $0.04 per diluted share, in the corresponding period o
The partners behind plans for Shetland’s first wave power scheme will tell island representatives this week that it is set to ramp up public consultation and environmental research off the south west mainland ahead of a planning application in 2015. The work planned for the Aegir scheme in 2013 will
Decom North Sea (DNS), the offshore oil and gas decommissioning forum, is hosting a Lunch and Learn event which will inform attendees on latest advances in the sector as well as giving advice on how to reduce costs and improve performance. The Lunch and Learn, which takes place this month, will feat
Kim Dotcom is promoting transoceanic fibre cable for New Zealand that will provide New Zealanders with faster broadband, Inquirer.net reports. Kim announced plans to restart the company Pacific Fibre, which couldn’t find the funding for its project to connect the US with New Zealand via undersea cab
Gassco has recommended that oil from the Edvard Grieg and Ivar Aasen discoveries in the Norwegian North Sea is landed at the Sture terminal near Bergen. The Ministry of Petroleum and Energy (MPE) commissioned pipeline operator Gassco in February to assess infrastructure solutions for oil from future
Leading international well flow management company Expro will present a range of leading technologies at the 15th Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) – the Middle East’s leading oil and gas event. From 11-14th November, Expro will showcase its complete package of pro
Mitsubishi Electric Corporation announced that it has completed work on the India-Middle East-Western Europe (IMEWE) Cable Network to upgrade the submarine cable network with 40 gigabits per second (Gbps) dense wavelength division multiplexing (DWDM) technology. The upgrade involved installation of
Last week the Norwegian Oil and Gas Association gathered business, politics and academia to a dialogue and management forum in Trondheim. The theme of the forum was oil, gas and petroleum related growth in Mid-Norway. Among the companies located in the region Det norske was put out as an example of
MEO Australia Limited advises that the Thailand Department of Mineral Fuels, Ministry of Energy has formally approved the transfer of a 50% participating interest in the Gulf of Thailand G2/48 Concession from Pearl Oil Offshore Limited, an affiliate of Mubadala Petroleum (Mubadala), to Rayong Offsho
