Deep Down, Inc., an oilfield services company specializing in products and services for the deepwater and ultra-deepwater oil and gas industry, reported net income of $639 thousand for the second quarter of 2012, an improvement of $685 thousand over the same period in 2011. For the second quarter of
Chevron U.S.A. Inc. has awarded a contract to BMT Scientific Marine Services Inc (BMT) to provide an Environmental and Facilities Monitoring System (EFMS) for the Chevron operated Big Foot Tension Leg Platform (TLP) in the Gulf of Mexico. The EFMS monitors, logs and displays data in real-time on the
A coalition of conservation, wildlife and public health groups in the Gulf region and in Alaska filed a citizen suit under the provisions of the federal Clean Water Act to compel the U.S. Environmental Protection Agency (EPA) to issue a rule on chemical oil dispersants. EPA’s current rules—which dur
Fugro, world’s leading service provider for the collection and interpretation of data relating to the earth’s surface and sub-surface and for associated services, reports an increase of revenues in the first half of 2012 by 13.9% to EUR 1,338.8 million (first half of 2011: EUR 1,175.3 million). The
Multibeam sonar manufacturer WASSP Ltd, part of the ENL Group, has reached a milestone by shipping its 500th multibeam sonar system. WASSP 120 degree 3D multibeam system allows vessel operators to accurately profile the water column and seafloor highlighting reefs, wrecks, fish schools, seafloor har
DNV’s summer students presented the results of seven weeks of intense and targeted work to develop a realistic and suitable concept for a year-round Arctic oil spill response system, including requirements for people, vessels and equipment. DNV’s summer project is an annual programme organised durin
Affirming its status as a leading provider of rope access services for specialist projects, AquaTerra Solutions Ltd has secured a number of contract wins worth more than £4 million. The majority of the jobs AquaTerra undertakes are on offshore assets for the oil and gas industry and some of their mo
Over the last couple of days the Croatian Centre for Underwater Archaeology in Zadar and the U.S. archaeological research organization RPM Nautical Foundation have been exploring the seafloor on Croatia’s Adriatic coast. The advanced research vessel Hercules was deployed for surveying the site of a
As a global market leader for dredging and wet mining vessels and equipment, and a reliable supplier of custom-built ships and products for offshore construction, IHC Merwede will be among the leading exhibitors at SMM 2012. The biennial international trade fair for Shipbuilding, Machinery & Marine
Canadian firm Nautilus Minerals has been awarded a 20-year licence by Papua New Guinea’s Government to begin deep sea mining within the Solwara 1 project. As The Guardian reports, Nautilus will mine an area of 1.6km beneath the Bismarck Sea, 50km off the coast of the PNG island of New Britain. The l
It is believed that the wreck of the Port-au-Prince, a 200-year-old English pirate ship, has been discovered in Tonga. The ship wreck was discovered by a local diver off the coast of Foa Island, in the Ha’apai Island group, according to nzherald.co.nz. The vessel last sailed into the Pacific waters
The Trans Adriatic Pipeline announced that TAP and its existing shareholders EGL, Statoil and E.ON Ruhrgas have reached an agreement with members of the Shah Deniz Consortium to secure funding for the TAP project. These funds will contribute towards continued work in several important areas during t
Featured at Seawork 2012 by the world’s leading manufacturer of remotely operated underwater vehicles, four underwater vehicles from Saab Seaeye attracted interest from UK and international visitors alike. “We had a very busy show,” says sales manager, James Douglas, “as people are keen to find new
China Shipbuilding Industry Corp. (CSIC), a state-owned enterprise, announced that it is building a manned submersible that can plunge to a depth of 4,500 meters, the China Daily reports. CSIC submersible forms a part of a larger plan for the nation to eventually build a deep sea station where subme
