Forum Energy Technologies, Inc. announced the successful testing of its subsea Blowout Preventer Actuation Tool (BOP-AT) on a live well off the coast of at a water depth of over 1000 meters. The tool closes the blow out preventer remotely using only the power provided by a remotely operated vehicle
In April, Cargotec secured new contracts to deliver MacGregor anchor-handling, mooring and towing solutions for 15 offshore support vessels (OSV) of various types being built in China for Asian customers. The ships are being built in several shipyards in China for delivery throughout 2013 and 2014 t
DSIT Solutions Ltd., a subsidiary of Acorn Energy, Inc., announced that it will be exhibiting the company’s underwater security systems and other sonar and acoustic solutions at the Undersea Defence Technologies (UDT) Conference and Exhibition in Alicante, Spain (May 29 – 31, 2012). The company view
Ciena® Corporation, the network specialist, announced that Perseus Telecom, a global provider of connectivity, has selected Ciena’s equipment, software and services to build an end-to-end, ultra low-latency network between the U.S. and Europe. Combining metro networks in the global financial hubs of
Maritime security company, Sonardyne International Ltd, has successfully completed the installation of an integrated intruder detection system for an undisclosed strategic waterside installation in the Middle East. The previously unannounced contract was awarded to Sonardyne in late 2011 and include
Periplus announced that its Integrated Management System (IMS) is now certified to ISO 9001 and OHSAS 18001 standards. The final audit was performed by Bureau Veritas in March 2012. The IMS bundles the Quality Management System and Health & Safety Management System. It is used and operated on a dail
PTSC Mechanical and Construction Joint Stock Company (PTSC M&C) has won a major detailed engineering, procurement, construction, installation, hook-up and commissioning contract valuing $ 113 million in Vietnam. The contract has been awarded by Lam Son Joint Operating Company, a joint operating comp
Deep Down, Inc. yesterday reported a net loss of $0.3 million for the first quarter of 2012, an improvement of $1.5 million over the same period in 2011. For the first quarter of 2012, Deep Down reported a net loss of $0.3 million (including $0.1 million in equity in net loss of joint venture), or [
A marine ecologist known for his work on community ecology and chemical ecology has been selected to receive the 2012 Robert L. and Bettie P. Cody Award in Ocean Sciences from Scripps Institution of Oceanography at UC San Diego. Mark Hay, Teasley Professor of Environmental Biology and co-director of
EMGS recorded revenues of USD 55.6 million in the first quarter of 2012, up from USD 21.5 million in the first quarter of 2011. Contract sales totalled USD 53.0 million, whilst multi-client sales came in at USD 2.6 million. In the corresponding period last year, EMGS recorded multi-client sales of U
In April 2012, Periplus Archeomare, in close cooperation with surveyors from DEEP BV, performed a number of high resolution geophysical investigations at the sites of two shipwrecks in the Fehmarn belt between Denmark and Germany. The two shipwrecks are located on the route of a new-to-build tunnel
Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of autonomous underwater vehicles (AUVs), announced that the Norwegian University of Technology and Science (NTNU) has purchased one REMUS 100 system to support and enhance the operations of the University’s Applied Under
A record number of attendees turned out to see the latest developments in oil and gas production and development at an industry conference last week. DEVEX 2012, aimed at geologists, geophysicists and engineers from both upstream and downstream operations, took place on 9 and 10 May at Aberdeen Exhi
Noble Energy Inc. and Delek Group Ltd. have announced the beginning of the work to link Noa and Pinnacle fields with Mari B platform, Globes Online reported. The pipeline link between fields will be provided by Helix Express rig which already arrived in Israeli waters. The Noa field is located 20 ki
