Astrakhan Ship Repair Plant (affiliate of Zvezdochka shipyard) builds Project 22870 salvage ship for Caspian Flotilla (CF) Search and Rescue Service under Russian Navy’s order. The project developer is JSC Vympel Design Bureau (Nizhny Novgorod). The project documentation was developed under contract
Investec Project and Infrastructure Finance, (‘Investec’), part of Investec Bank plc. has recently completed a new senior debt facility for… (Angel News) [mappress] Source: Angel News, November 10, 2011
Mitsubishi Electric Corporation announced that it has signed a contract to upgrade a transpacific submarine cable network by incorporating 40 Gbps dense wavelength division multiplexing (DWDM) and increasing transmission design capacity up to fivefold to 5.2 Tbps. The upgrade to the Asia America Gat
To tackle the strong currents in Australia’s offshore oil & gas fields, leading contracting company, Cal Dive International (Australia) Pty Limited, selected Saab Seaeye’s powerful new Panther XT Plus ROV (Zone Rated and configured for operations in hazardous areas) when making that choice. A Cal Di
BOURBON announces revenue up + 17% over 9 months in line with the objectives of the 2015 Leadership Strategy. Significant increase in daily rates in the quarter follows previous quarter’s upturn in utilization rates. ““In a favorable oil & gas environment. the price per barrel of Brent (113 US$ over
Leighton Offshore launched the newest edition to the fleet, the Leighton MPV-1 cable lay vessel, at the Al Jazeera Port in Ras Al Khaimah. The MPV -1 will be mobilised to undertake the cable lay scope of the $799m Phase 1 Iraq Crude Oil Export Expansion Project (ICOEEP) currently underway. The MPV-1
MMT has successfully finalized the additional work for the Mareano 2011 Barents Sea project—a hydrographic survey performed in the Arctic region located off the north coast of Norway and along the Russian border. The additional project work included bathymetric data acquisition and processing north
Bentley Systems, Incorporated, the leading company dedicated to providing comprehensive software solutions for sustaining infrastructure, announced the acquisition of FormSys, based in Perth, Australia. This software development company has a proven, twenty-year track record in 3D design, analysis,
Prysmian Group, world leader in the energy and telecom cables and systems industry, is stepping up its expansion into the business of products and services for the offshore oil industry. The new flexible pipes plant in Brazil is now fully operational and the integration with Draka has broadened the
Kongsberg Mesotech unveiled the latest release of MS 1000 software for MS 1071 and MS 1171 Digital Scanning Sonar. This version provides stunning high-resolution underwater records when combined with Kongsberg MS 1171 Profiling Sonar and precision rotators. These added capabilities greatly extend th
Nova Scotia continues to be a world leader in tidal energy with the completion of a new $1.3-million visitor centre and the arrival of the subsea power cables required to deliver electricity from the Bay of Fundy to Nova Scotia homes and businesses. The Fundy Ocean Research Centre for Energy (FORCE)
Technip was awarded the options for a two-year extension of the Statoil PRS Pool services frame contract to the latest possible completion date of 1st December 2014. The yearly revenue under the contract is expected to be in the range of €13-26 million. This contract covers maintenance and operation
SeaHold GEOSHIPS Ltd, specialists in marine and subsea services, has expanded its fleet of multi purpose offshore vessels. The two new vessels ‘Loch Erisort’ and ‘Loch Roag’ brings the Aberdeen-based firm’s fleet up to three, whilst also signifying a US$140 million in additional financial commitment
Scientists are set to begin a six-week mission to explore the Indian Ocean’s underwater mountains… By Jennifer Carpenter (BBC) [mappress] Source: BBC, November 09, 2011
