ABB, the leading power and automation technology group, has announced that Michel Demaré will step down as ABB’s Chief Financial Officer and member of the Executive Committee. He has been appointed as the new Chairman of the Board of Syngenta beginning in April 2013 and will in the future focus on h
Today Shell celebrated the cutting of first steel for the game-changing Prelude floating liquefied natural gas (FLNG) facility’s substructure with joint venture participants, Inpex and KOGAS, and lead contractor, the Technip Samsung Consortium, at Samsung Heavy Industries’ Geoje shipyard in South Ko
The IMR vessel ‘Seven Viking’, that will be co-owned by Eidesvik Offshore and Subsea 7, was launched from the dock hall at Ulstein Verft on Wednesday 17 October. In her right element, the compact 106.5 m long and 24.5 m wide vessel looks very impressive. The SX148 design will carry out a multitude o
Norddeutsche Seekabelwerke GmbH (NSW), a wholly-owned subsidiary of General Cable, has received a newly refurbished DP2 cable laying vessel under a long term charter agreement from the vessel management company Meriaura. The vessel M/V Aura has been refurbished to the exact specifications of NSW and
Technip and Heerema Marine Contractors (Heerema) announce today that they have signed a worldwide alliance agreement where the two companies will combine their capabilities to help their clients best address the fast growing subsea ultra-deepwater market. ALLIANCE RATIONALE Ultra-deepwater projects
It is estimated that harnessing a small portion of marine energy could solve the world’s energy crisis to a great extent, and Australia’s vast coastline alone is estimated to hold the potential to produce four times the nation’s power needs, claims a new report by energy experts GlobalData. The new
Plans to research, manage and document underwater historic treasures in the Sea of Oman are set by Ministry of Heritage and Culture (MoHC). As Muscat Daily reports, the senior government officials discussed various aspects of research, as well as financial costs that will be reviewed and approved by
FMC Technologies, Inc. announced that it has received an order from Total E&P Angola for additional subsea equipment for the Pazflor field. The contract has an estimated value of $33 million in revenue. The Pazflor field is located in Block 17 offshore Angola. The initial subsea systems delivered to
Tetra Tech, Inc. announced that it has acquired coastal and oceanographic consulting firm Applied Science Consultoria Ltda. (ASA Brazil) based in Sao Paulo, Brazil. With the acquisition, ASA Brazil has changed its name to Tetra Tech. The firm has about 50 employees and provides oceanic modeling and
Ice-sheet retreat can halt temporarily during long phases of climate warming, according to scientists. A UK team led by Durham University has found that the geometry of channels beneath the ice can be a strong control on ice behaviour, temporarily hiding the signals of retreat. The findings, which p
The Isle of Wight Council has received a double boost in its efforts to support the green economy. The council has secured nearly £700,000 of European money to help finance the necessary preparatory works for its Solent Offshore Energy Centre (SOEC) proposals to create tidal energy testing facilitie
RWE AG, through its subsidiary RWE Dea Norge AS, reached an agreement on the sale of its 20% licence interest in the “Edvard Grieg” development in Norway to OMV (Norge) AS, a subsidiary of OMV AG, for a cash purchase price of € 247.9 million as per effective date 1 January 2012 plus a contingent [&h
The UK government is considering the installation of subsea cables which would transfer wind power from Ireland to the National Grid, BBC reports. The Irish-based wind farms could provide power for three million UK homes. According to Mike O’Neill from Element Power, the £6bln infrastructure project
On the basis of the proposal of the Ministry of Planning and Investment, the Prime Minister has approved participation for investment projects submarine cable systems in Asia – Pacific (APG) of the partnership Viettel, FPT Telecom and CMC TI, reports Chinhphu.vn. Accordingly, the Prime Minister of t
