Category archives for: Press releases

Bluestream Orders Containerised Air-Dive Spreads from IHC Hytech

Bluestream Orders Containerised Air-Dive Spreads from IHC Hytech

IHC Hytech, part of Royal IHC, has secured an order for two innovative containerised air-dive spreads from Bluestream, an offshore and subsea company that operates in the oil and gas, and renewable energy sectors. These high-quality systems consist of a containerised 1,800mm decompression chamber with a full three-dive control panel and a separate machinery container […]

Gulf Island, Bechtel to Jointly Pursue Opportunities in Gulf of Mexico

Gulf Island, Bechtel to Jointly Pursue Opportunities in Gulf of Mexico

Gulf Island Fabrication, Inc. have signed a cooperative agreement with Bechtel Oil, Gas, and Chemicals, Inc. to work together to pursue opportunities for offshore projects for the U.S. Gulf of Mexico and abroad. Gulf Island’s fabrication experience, infrastructure, and skilled labor along with Bechtel’s unmatched engineering, project management, and direct-hire construction capabilities, provides customers a […]

Atlantis Signs Turbine Supply Agreements for MeyGen Project

Atlantis Signs Turbine Supply Agreements for MeyGen Project

Atlantis, owner of the world’s largest planned tidal current energy project, MeyGen, and tidal energy equipment supplier, announces that it has signed a turbine supply agreement with Andritz Hydro Hammerfest to supply three 1.5 megawatt tidal power turbines for Phase 1A of the MeyGen project in the Pentland Firth in Scotland. Atlantis also announces that […]

Concordia to Arrive in Genoa on Sunday

Concordia to Arrive in Genoa on Sunday

After approximately 30 hours of navigation, the Concordia has travelled for 63 nautical miles at an average speed of 2 knots. According to the latest reports, the convoy is located between Isola d’Elba and Corsica. The sea is calm, while the wind has a North/North East direction with a speed of approximately 13 knots. The […]

Forum Achieves Record Revenue in Q2

Forum Achieves Record Revenue in Q2

Forum Energy Technologies, Inc. announced second quarter 2014 revenue of $428 million compared to $368 million for the second quarter 2013. Net income for the quarter was $40 million or $0.41 per diluted share compared to $30 million or $0.32 per diluted share for the prior year period. Included in the second quarter 2014 results […]

Carnegie, University of Adelaide Partner on Control Systems Project

Carnegie, University of Adelaide Partner on Control Systems Project

Wave energy developer Carnegie Wave Energy Limited will partner with the University of Adelaide on a $1.8m project part funded by an Australian Research Council (ARC) Linkage Grant to research and develop control strategies for wave energy converters. The three year project will specifically focus on understanding and developing novel control strategies tailored for submerged […]

Statoil Delivers Solid Operational Performance in Second Quarter

Statoil Delivers Solid Operational Performance in Second Quarter

Statoil’s second quarter 2014 net operating income was NOK 32.0 billion, a decrease of NOK 2.3 billion compared to the second quarter of 2013. Adjusted earnings were NOK 32.3 billion. “Statoil delivered solid operational performance in the quarter, with continued high production regularity on the Norwegian continental shelf and project execution according to plan. We […]

SeeByte Sells Additional SeeTrack CoPilot Licences to Seatronics

SeeByte Sells Additional SeeTrack CoPilot Licences to Seatronics

SeeByte, the global leader in creating smart software for unmanned maritime systems, announces the sale of a further five SeeTrack CoPilot licences to Seatronics. This market-leading software will be integrated into Seatronics’ Predator ROV, allowing the system to benefit from improved capabilities. Adil Ali, International Product Sales Manager at Seatronics, said, “We are committed to […]

Lower MultiClient Revenues Impact PGS’ Q2 Results

Lower MultiClient Revenues Impact PGS’ Q2 Results

Petroleum-Geo Services (PGS) released the results for the second quarter with revenues of $337.0 million, compared to $381.7 million in Q2 2013. Second quarter highlight include: – EBITDA of $170.6 million, compared to $209.6 million in Q2 2013, – EBIT, excluding impairments, of $55.3 million, compared to $110.6 million in Q2 2013, – Group EBIT […]

Scotland Announces Designation of 30 Marine Protected Areas

Scotland Announces Designation of 30 Marine Protected Areas

Scotland’s iconic marine species and habitats will be better protected following the designation of 30 Marine Protected Areas. Sites will protect a range of habitats and species including flameshell beds, feather stars, the common skate and ocean quahog, a large mollusc which can live for centuries. They will also protect sandeels – a small fish […]







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