Category archives for: News

Cameron Reports Record Second Quarter Revenues

Cameron Reports Record Second Quarter Revenues

Cameron reported earnings per share for the second quarter of 2014 of $1.00 excluding unusual items. This compares to earnings per share for the second quarter of 2013 of $0.77 excluding unusual items. The unusual items for the second quarter of 2014 were after-tax credits of $0.02 per share and a $0.06 per share gain […]

Technip Records Substantial Improvement in Subsea Profitability

Technip Records Substantial Improvement in Subsea Profitability

On July 22, 2014, Technip’s Board of Directors approved the second quarter and first half 2014 consolidated financial statements. Thierry Pilenko, Chairman and CEO, commented: “Technip’s second quarter was characterized by a substantial improvement in Subsea profitability, exceptionally strong order intake, and the start-up of the Yamal LNG project in Onshore/Offshore. “These elements enable us […]

HMAS Yarra Divers Recover HMAS Bundaberg’s Anchor near Ashmore Island

HMAS Yarra Divers Recover HMAS Bundaberg’s Anchor near Ashmore Island

Personnel in the coastal mine hunter HMAS Yarra have used their diving expertise to recover an anchor and shackles weighing one tonne from the seabed near Ashmore Island. The anchor, belonging to Armidale class patrol boat HMAS Bundaberg, was cut lose when it firmly wedged beneath a large boulder and the sea floor during a […]

140 Miles Left for Concordia to Reach Genoa

140 Miles Left for Concordia to Reach Genoa

After 22 hours of navigation of Costa Concordia, the convoy is now at over 50 miles off Giglio Island with about 140 miles from Genoa Prà-Voltri. At present, navigation speed is 2.0 knots . Weather and sea conditions are good, with calm sea and 6-7 knots of wind from North/North East. The first environmental sampling […]

Rosneft, Ministry of Transport of Russian Federation Ink Cooperation Agreement

Rosneft, Ministry of Transport of Russian Federation Ink Cooperation Agreement

Rosneft President, Chairman of the Management Board Igor Sechin and Minister of Transport of the Russian Federation Maksim Sokolov signed an Agreement of Cooperation. The parties agreed upon cooperation in fields relating to the search and rescue of people in distress, prevention and control of possible emergency situations, including oil and oil products spillage within […]

Bibby Offshore Hosts Visit of Chancellor of Exchequer George Osborne

Bibby Offshore Hosts Visit of Chancellor of Exchequer George Osborne

Bibby Offshore, the subsea services provider to the oil & gas industry, hosted a visit by George Osborne, Chancellor of the Exchequer, to the Company’s innovative workshop, storage and maintenance facility in Aberdeenshire, on Tuesday 22 July. The Chancellor was given a tour of Bibby Offshore’s new 50,000 sqft state-of-the-art Westhill facility, The Hangar. His […]

JIP Findings Result in Flexcom Software Upgrade

JIP Findings Result in Flexcom Software Upgrade

Wood Group Kenny (WGK) announced that findings from the first and second phases of a Joint Industry Project (JIP) into understanding the effect of slug flow on pipelines and risers has led to significant enhancements in their software package, Flexcom, to deliver automated slug capabilities. Subsea systems transporting liquids and gases together as multiphase flow […]

USACE Galveston District Awards Geotechnical Survey Contract to Quaternary Resources

USACE Galveston District Awards Geotechnical Survey Contract to Quaternary Resources

The U.S. Army Corps of Engineers Galveston District, awarded a small business contract in the amount of $106,871.81 to Quaternary Resources Investigations LLC  for core drilling, soil sampling and laboratory testing at Freeport Harbor’s Dredging Placement Area One. The contract will allow for drilling of suitable material for levee raising and repair to increase the […]

Turkey Approves South Stream Offshore Pipeline EIA

Turkey Approves South Stream Offshore Pipeline EIA

The Turkish Ministry of Environment and Urbanisation has approved the Environmental Impact Assessment Report (EIA Report) for the section of the South Stream Offshore Pipeline that will cross the Exclusive Economic Zone (EEZ) of Turkey. The EIA Report consists of an assessment of potential impacts of the Project on the environment, including seabed geology, water […]

Minehunter Rimini Finds Intact Naval Mine in Black Sea

Minehunter Rimini Finds Intact Naval Mine in Black Sea

Minehunter Rimini (engaged in the Standing NATO Mine Countermeasures Group 2) identified a mine still with its releasing device in the Black Sea. The discovery was exceptionally uncommon, due to the absence of mud on the device and the still existing connection with the anchor, as well as the physical-chemical properties of the water, thoroughly […]







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