Dril-Quip, Inc. announced net income of $28.8 million, or $0.71 per diluted share for the three months ended March 31, 2012, versus net income of $21.7 million, or $0.54 per diluted share for the first quarter of 2011. Total revenues were $177.1 million during the quarter ended March 31, 2012 compar
Gulf Bridge International (GBI), the Middle East’s first carrier neutral regional network, and Xtera Communications Inc. (Xtera), a leading global provider of optical networking solutions, announced what is believed to be the first commercial repeatered submarine cable system in service with 100G te
Nautimus, the new Scottish company, has been established by Vattenfall, with support from leading UK engineering support services firm Babcock and Abengoa, the international company that applies innovative technology solutions for sustainable development in the energy and environment sectors. The co
Creators of a nanotech-based system that captures carbon dioxide directly from the atmosphere within a submarine, while providing a more environmentally friendly removal process, have won the Federal Laboratory Consortium Interagency Partnership Award for 2012. The technology — Self Assembled Monola
Mechanical engineering company, EnerMech, has been awarded a valves management project by McDermott Arabia Company Limited (MACL) in support of its work on behalf of Khafji Joint Operations (KJO). EnerMech will supply all valve requirements for MACL as it undertakes the engineering, procurement, fab
Recently, the accumulated 3D seismic data collection volume of HYSY720, a seismic vessel fleet of China Oilfield Services Limited （“COSL”）, has surpassed the 10,000 km2 level to reach 10,010.415 km2. This marks another major achievement for HYSY720 following the previous record-breaking performance
A marine data acquisition company, Partrac announces that it will be exhibiting at the RenewableUK Global Offshore Wind Conference and Exhibition on the 13th and 14th June in London ExCel within the Scottish Pavillion. Partrac has the expertise in providing oceanography, marine geosciences and envir
SeeByte, the global leader in creating smart software technology for unmanned systems, has announced that an order for fifteen software licences of SeeTrack Military has been confirmed through EdgeTech. The purchase comes in support of the Littoral Mine Countermeasure SONAR (LMCS) system from EdgeTe
Alcatel is about to launch submarine fibre-optic cable project which will link Seychelles to the rest of the world, IPP Media reports. The cable will be laid down from Msasani Beach, Dar es Salaam, to the Seychelles. Seychelles Minister for Natural Resources and Tourism Peter Sinon said that the fib
The fact that Ireland is one of the countries that has the best waves is not a secret, but how to make use of those waves in terms of making energy? TheJournal.ie reports that this has been a crucial question for many years now and Ireland has invested a vast amount of money and time […]
An important advancement in stopping the leak on the G4 well on the Elgin complex was made on 4 May when the semi-submersible drilling rig, the West Phoenix, moved within the current exclusion zone ready to position itself directly alongside the complex. This dynamically positioned rig will be the m
Anti-terror exercise took place at Caspian Flotilla (CF) naval base Astrakhan. About 200 servicemen were involved in the exercise, as well as 15 ships and boats. According to scenario, patrolmen found concealed cases with explosives and diving outfit on the bank of the Volga River. Officer on duty a
DNV has, as part of a strategic partnership with StormGeo, acquired the right to purchase 22,7 % of StormGeo’s shares through a mutually convertible capital issue. The core focus of StormGeo will remain within the fields of oil exploration, renewable energy as well as shipping, media and aviation. F
Aker Solutions is establishing an office in Ålesund, Norway, to connect with the engineering competence in the region and thereby facilitate further growth for the oil services company. The Ålesund region and its marine industry is renowned for highly skilled and competent engineers. The new office
