The Belgian Navy has added to its fleet of Autonomous Underwater Vehicles (AUVs) from Hydroid, Inc., a subsidiary of Kongsberg Maritime and the leading manufacturer of AUVs. Two new REMUS 100 AUVs will enable the Belgian Navy to detect underwater mines, improvised explosive devices and other undeton
Aker Solutions reported an 18 percent increase in revenues and a solid operating result in the fourth quarter of 2011, reflecting strong market conditions and high activity in the oil and gas industry. Revenues in the fourth quarter of 2011 amounted to NOK 11 600 million, compared with NOK 9 794 mil
OceanServer Technology, Inc. has recently delivered two AUVs to SC Marine Research SRL located in Bucharest, Romania. Marine Research is a new and dynamic company devoted to the research of aquatic environments in and around Romania. The two IVER2 systems will initially be used to map the sea bottom
As part of the Roosevelt Island Tidal Energy project, 30 turbines are being installed along the strait that connects the Long Island Sound with the Atlantic Ocean in the New York Harbor. The project, led by Verdant Power, Inc., is the first ever commercially licensed tidal energy project in the Unit
Oceaneering International, Inc. reported record fourth quarter and annual earnings for the periods ended December 31, 2011. For the fourth quarter of 2011, on revenue of $574.2 million, Oceaneering generated net income of $58.3 million, or $0.54 per share. During the corresponding period in 2010, Oc
Maritime and Port Authority of Singapore (MPA) informs the shipping, harbour craft and pleasure craft communities in Singapore’s waters that the submarine cable installation works in the vicinity off Changi East will start next week. The submarine cable installation will entail pre-trenching works,
Flotation specialist Superior Plastech has released its newly designed next generation range of hose and pipe floats. Designed for multiple industrial marine applications, uses include dredging, mining, water treatment and aquaculture. The floats are high-impact rotomoulded polyethylene and have int
Alexey Miller, Chairman of the Gazprom Management Committee held a meeting on the South Stream project implementation. Taking part in the meeting were Leonid Chugunov, Head of the Project Management Department, Pavel Oderov, Head of the International Business Department, and Marcel Kramer, Chief Exe
The Subsea UK Global Export Award 2012, sponsored by Scottish Enterprise, was presented to Bowtech Products Ltd of Aberdeen at the Subsea UK 2012 Business Awards Dinner held on Wednesday 8th February 2012. Held at the Aberdeen Exhibition and Conference Centre, attended by over 750 of their peers, th
Aker Solutions has been awarded a contract by Statoil to deliver six subsea trees and a tool package for Troll on the Norwegian continental shelf. Estimated contract value is NOK 350 million. Scope of work includes six subsea trees, with a possible option for nine further subsea trees, including con
Petrofac, the international oil & gas service provider, announces that it has acquired the entire share capital of KW Limited (KW). Based in Fetcham, near Woking, with an office in Aberdeen, KW is a high-end subsea pipeline consulting and engineering services business with an established reputation
On February 14, 2012, Technip’s Board of Directors approved the audited full year 2011 consolidated accounts. FULL YEAR 2011 RESULTS • Revenue of €6,813 million, of which €2,972 million in Subsea • Group operating margin1 of 10.4% • Net income of €507 million « Fourth quarter 2011 order intake of €2
Black Sea Fleet (BSF) hydrographic ship GS-86 returned from survey mission in the Black Sea Fleet. Within the responsibility zone of BSF Hydrographic Service spreading from Ai-Todor Cape to Tarhankut Cape, the crew has performed night inspection of lighthouses and marine lights, tested leading beaco
Hyperdynamics Corporation announced that the Hyperdynamics-operated Sabu-1 exploration well reached the planned total depth of 11,844 feet in a water depth of 2,329 feet, approximately 90 miles southwest of Conakry, Guinea. The well encountered oil shows while drilling the targeted Upper Cretaceous
