Houston-based BPZ Energy and Shanghai-based Wison Offshore & Marine Ltd., a subsidiary of the Wison Group, announced the successful load out and sail away of the world’s first Buoyant Tower drilling and production platform destined for installation at BPZ Energy’s Corvina field located offshore Peru
McDermott International, Inc. announced that one of its subsidiaries has been awarded a contract by Williams Partners L.P. for transportation and installation services for a Spar hull in the Gulf of Mexico. The value of the contract is included in McDermott’s second quarter 2012 backlog. McDermott w
WASSP Ltd has announced the release of their new multibeam sonar product, WASSP S (Survey). WASSP S has been developed to bring the benefits of multibeam sonar to the survey, dredging and scientific research markets. In a versatile and cost-effective package, WASSP S provides accurate and reliable r
Teledyne Technologies Incorporated announced that its subsidiary, Teledyne Limited, has acquired the parent company of PDM Neptec Limited (“PDM Neptec”). PDM Neptec, located in Hampshire, United Kingdom, provides underwater cables, fiber optic and electrical subsea connectors and custom engineering
Pharos Offshore Group has completed cable repair and burial for the London Array Offshore Wind Farm on a section of damaged subsea export cable. Pharos delivered a work package with the rapid mobilisation of engineering, fabrication and operational teams to locate, recover, re-lay and re-bury the po
Technip was awarded a five-year inspection, repair and maintenance (IRM) frame agreement contract by ConocoPhillips (U.K.) Limited for various assets in the Central, Southern North Sea and East Irish Sea. The contract covers diver repair and maintenance solutions for the company’s existing U.K. subs
Dril-Quip, Inc. today announced net income of $29.8 million, or $0.74 per diluted share, for the three months ended June 30, 2012, versus net income of $22.2 million, or $0.55 per diluted share, for the second quarter of 2011. Total revenues were $176.6 million during the quarter ended June 30, 2012
Recently the Stemat Spirit completed work laying and burying the third export cable at London Array Offshore Wind Farm. This is the third of four export cables which run from the onshore substation at Cleve Hill to the two offshore substations at the wind farm site. The cables carry the power genera
KD Marine, specialists in commercial diving for the offshore oil and gas industry, has completed a subsea engineering contract for work on the Sevan Hummingbird Floating Production Storage and Offloading (FPSO) vessel in the North Sea. KD Marine was awarded the seven-figure contract by energy servic
Leading international oilfield service company Expro announces today that it has secured four significant subsea completion landing string contracts in its Europe CIS region for work in 2012, 2013 and beyond. More than $25million worth of new subsea business has been secured in Norway with various k
Paradigm Flow Services has won the Gold Award for Safety from Royal Society for the Prevention of Accidents (RoSPA) in recognition of its approach to the prevention of accidents and ill health. The Inverurie-based firm will be presented with the prestigious accolade at the Occupational Health and Sa
EIVA announces the signature of a contract with Subsea 7 for the use of their online survey and positioning software, NaviPac, on all relevant Subsea 7 vessels. Subsea 7 is a global leader in seabed-to-surface engineering, construction and services contractor to the offshore energy industry worldwid
Continuing IKM Testing’s International Divisions expansion strategy, the company has recently acquired the locally owned Brazilian testing and equipment rental company, R13, a company founded and based in Macae, in the State of Rio de Janeiro. R13 was formed in 2009, to provide the rapidly growing B
As the famous saying goes “success breeds success” so it is no surprise that leading engineering, materials technology and composite processing firm Gurit have taken the proactive approach in 2012 to showcase their excellence as it relates to tidal energy. Recent increase in support for Wave & Tidal