nkt cables has announced half-year 2011 results . EBITDA expectations in NKT Holding for 2011 is downgraded to approx. 1.0-1.1 bnDKK from earlier approx. 1.2 bnDKK due to the fact that 2nd quarter earnings in nkt cables were not satisfactory. The adjustment primarily relates to the newly build subma
A dive services provider located on North America’s west coast, operating out of Vancouver Island and the Sunshine Coast and serving private individuals, companies and governments from Chile to Alaska, SeaVeyors Environmental and Marine Services Ltd. heads into its sixth year of business at the fore
Swiber Holdings Limited, a world class integrated construction and support services provider to the offshore industry announced today that its order book has gained momentum, growing to US$777 million. This follows contracts awarded to its offshore subsea diving subsidiary, Kreuz Holdings Limited to
An international team of researchers, including physical oceanographers from the Woods Hole Oceanographic Institution (WHOI), has confirmed the presence of a deep-reaching ocean circulation system off Iceland that could significantly influence the ocean’s response to climate change in previously unf
Kreuz Holdings Limited, a subsea services provider for the oil and gas industry, today announced that the Group has been awarded subsea installation contracts worth approximately US$25 million, by a leading offshore construction company in the oil and gas business located in Middle East. The contrac
Forum Subsea Solutions, a division of Forum Energy Technologies, Inc., announces the sale of a Sub-Atlantic, Super Mohawk II ROV (Remotely Operated Vehicle) system to Abyss International Benthic Exploration S.A.R.L. of Montpellier, France. The Super Mohawk II is an ROV system suitable for observatio
Vos Prodect is proud to announce that the Cable Hang-off System has been qualified with the final product test, that had been executed with the presence of a well-known cable manufacturer on 13th July. The Cable Hang-off System has been engineered & developed in 6 months time frame in accordance wit
Norwegian Energy Company ASA (Noreco) today held an extraordinary general meeting. The Nomination Committee’s proposal for new board members was unanimously approved. After this, Noreco’s board of directors consists of the following members elected by the shareholders: Ståle Kyllingstad, chairperson
The wreck of a Swedish warship that historians hope is the Mars, head of king Erik XIV’s fleet before it sank in the Baltic in 1564, has been found off Sweden’s coast… (dawn) [mappress] Source: dawn, August 22, 2011
Alpine Ocean Seismic Survey has expanded its portfolio of environmental data collection services with the addition of a new suite of underwater video camera and sediment sampling technologies. Strengthening its status as a premier provider of geophysical, hydrographic, oceanographic, geotechnical, e
MMT (Marin Mätteknik AB) was awarded the 2011 Mareano survey contract by the Norwegian Hydrographic Service. The survey was commenced in April – August 2011. The survey included bathymetric data acquisition and processing in area Nordland VI in the Norwegian Sea outside the Nordland region, West of
Insituform Technologies, Inc. announced today that its subsidiary, The Bayou Companies, LLC , has been awarded contracts totaling approximately $5.0 million to provide the corrosion coating for the export lines delivering natural gas from the Walker Ridge Gathering System, an ultra-deepwater project
On August 8, China’s first high-strength H-level marine drilling riser was successfully manufactured in CNPC Baoji Petroleum Steel Pipe Company. Test results show that all the mechanical performance indexes of the riser are in compliance with the rules and standards in DNV OS F101 Submarine Pipeline
U.S. Seismic Systems (USSI), a subsidiary of Acorn Energy Inc. demonstrated its underwater harbor security system at a Lake Erie, Pa., test… (militaryaerospace) [mappress] Source: militaryaerospace, August 22, 2011;