FMC Technologies, Inc. reported third quarter 2011 revenue of $1.3 billion, up 34 percent from the prior-year quarter. Diluted earnings per share were $0.50 compared to $0.33 in the prior-year quarter. Total inbound orders of $1.3 billion included $731 million in subsea systems orders. Backlog for t
£52m of funding for the transmission link to the Walney 1 offshore wind farm will be provided by the European Investment Bank, the European Union’s long-term lending institution. Blue Transmission Walney 1 Limited has been granted a licence to own and operate the offshore transmission link by Ofgem
Hess Corporation announced that they will proceed with the development of Tubular Bells, a deepwater oil and gas project operated by Hess in the Gulf of Mexico. Discovered in 2003, Tubular Bells is located approximately 135 miles southeast of New Orleans in the Mississippi Canyon area. The field lie
TenneT Offshore, the fellow subsidiary of the electricity transmission system operator TenneT TSO, awarded Osiris Projects a contract to sup… Source: Osiris Projects, October 25 , 2011;
Figures published by the International Marine Contractors Association (IMCA) reveal that globally there was a reduction in offshore diving… SubseaUK [mappress] Source: SubseaUK, October 25 , 2011;
NKT Flexibles’ Brazilian facility will be located in Superporto do Açu, less than 300 km north of Rio de Janeiro. NKT Flexibles CEO Michael C. Hjorth signed the agreement with the CEO of LLX, the company behind Superporto do Açu, Otavio Lazcano in a ceremony attended by LLX’ owner, Eike Batista, and
Leading chemical company BASF recently appointed subsea experts Jee for staff training. A fast-track, workshop style course was commissioned in order to get new BASF starters up to speed in the oil and gas industry. Jee is well-known for their high-quality courses which teach engineers the technical
Fugro GRL’s DeepWorks simulator now allows users to model friction acting on dynamic bodies like cables and ROVs when they come into contact with each other or with the seabed. This adds realism to subsea simulations. Friction is an important component in forecasting the behaviour of both moving and
Offshore engineering specialist, Lankhorst Mouldings and independent engineering design consultancy, RiserTec have announced a co-operation… SubseaUK [mappress] Source: SubseaUK, October 25 , 2011;
Nexans, a worldwide leading expert in the cable industry, has been awarded a contract to supply 130 kilometres of URC-1 cable to Emerald Bridge Fibres Ltd. (Emerald Bridge). Emerald Bridge is a joint venture between UK fibre network provider Geo Networks Ltd. (Geo) and Ireland’s leading telecom prov
China National Offshore Oil Corp (CNOOC), the country’s largest offshore oil producer, said all oil spill sources had been sealed at… (Reuters) [mappress] Source: Reuters, October 25 , 2011;
The 40-year-old from Lepsøy in the municipality of Haram, is taking over the role as Executive Vice President of Havyard Power & Systems after Tor Leif Mongstad who is starting in a new position within the Herøy-based company Havyard Group AS. Bakke is thus taking over a Havyard company experiencing
A summer research expedition organized by scientists at Scripps Institution of Oceanography at UC San Diego has led to the identification of gigantic amoebas at one of the deepest locations on Earth. During a July 2011 voyage to the Pacific Ocean’s Mariana Trench, the deepest region on the planet, S
Unique System FZE, a Unique Maritime Group company, has recently been awarded a $5.2m contract to supply a 12 MAN ABS Classed saturation system and 3 air diving systems for the Leighton Offshore diving project, based in the Middle East. Unique Maritime Group will provide their 12 MAN ABS Classed sat
