U.S. Senators Olympia J. Snowe and Susan Collins and Representatives Mike Michaud and Chellie Pingree applauded the Federal Energy Regulatory Commission’s (FERC) approval of a pilot project license for the Ocean Renewable Power Company (ORPC) of Portland. The permit, which requires close environment
MEO Australia Limited releases the findings of an independent report by Senergy (GB) Limited (“Senergy”), commissioned by MEO to provide a preliminary volumetric assessment of the Marina-1 gas and liquids discovery and the Breakwater prospect in its 100% owned WA-454-P, in the Joseph Bonaparte Gulf,
SeaBird published results for the fourth quarter of 2011 with the following highlights: · A Letter of Intent entered into between SeaBird and Fugro Norway on 3 October 2011 for the sale of the OBN business, completed on 8 December 2011. The transaction also includes two SeaBird vessels on time chart
OceanWorks International has been awarded a contract by the Canadian Department of National Defence for another key piece of equipment which will enable submarine rescue cooperation and interoperability with the U.S. Navy. The A-Frame Template Kit is designed to work along with the Ship Interface Te
Unique Maritime Group, one of the world’s leading integrated turnkey subsea and offshore solution providers, announced today the introduction of the Light Weight Taut Wire MK 15 B to their rental pool inventory. The Light Weight Taut Wire Mk 15B is a position-reference system used extensively with D
Endeavour International Corporation reported fourth quarter 2011 net income (loss), as adjusted of $(5.8) million compared to $81.1 million for 2010, when it reported an $87 million gain on the sale of its North Sea asset Cygnus. On a GAAP basis, net loss for the fourth quarter of 2011 was $44.6 mil
Trinidad and Tobago’s Ministry of Energy and Energy Affairs (MEEA) has announced that the 2012 Deep Water Competitive Bid Round is tentatively set to open on the 29th of March. Leading up to the opening of the round, the MEEA will participate in road shows 21st – 24th of February at NAPE 2012 in Hou
Deep-sea diving system produced by Divex (Scotland) for Russian rescue ship Igor Belousov will be delivered, mounted, and tested by specialists of Russian company Tetis Pro which is going to provide 5-year long aftersales service and train operators. The contract with Tetis Pro will be signed in the
OSX was hired by Sapura Navegação Marítima S/A for the construction of one PLSV (Pipe-Laying Support Vessel), for a total amount of approximately US$ 263 million, to be built and delivered by OSX at the Açu Shipbuilding Unit, in the north of the State of Rio de Janeiro. A PLSV is used for laying [&h
Technip was awarded two subsea contracts under the Diving Frame Contract with Statoil, for the Åsgard and Gudrun & Valemon projects. The total value of the contracts is around €45 million. The Åsgard contract includes deep water testing of the PRS remote hot-tap equipment, preparations works, instal
Royal Netherlands Navy Locate Two Drowning Victims with VideoRay ROVs within Two Months of the Systems Being Delivered On January 10, 2012 VideoRay LLC of Phoenixville, PA, along with Dutch partner Nautikaris BV of Ijmuiden, Netherlands, completed the site acceptance test of four VideoRay Pro 4 subm
Russian Navy will receive stand-alone unmanned submersibles made in Iceland. Russian defense ministry plans to spend RUR 744.244 mln on eight autonomous unmanned submersibles produced by Teledyne Gavia (Iceland), reports Nezavisimaya Gazeta newspsper. Three underwater robots are expected to join Rus
Polarcus Limited announces that the Company has received a Letter of Intent from an undisclosed client for a 3D seismic acquisition project offshore NW Europe. The program will commence imminently and is expected to run for approximately 75 days. About Polarcus Polarcus is a pure play marine geophys
MEO Australia Limited advises that the S/R Veritas Viking II completed acquisition of the Floyd 3D seismic survey in WA-454-P in the Joseph Bonaparte Gulf region of the Timor Sea (Petrel sub-basin). A total of 601 km2 of full fold data was recorded. The survey will now be processed and is expected t
