Forum Energy Technologies, Inc. announced first quarter 2013 revenue of $373 million compared to $363 million for the first quarter 2012. Net income for the first quarter 2013 was $32 million, down from the first quarter 2012 net income of $42 million. Diluted earnings per share for the first quarter 2013 were $0.34, compared to [...]
April 26, 2013 | Posted in
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Forum Subsea Rentals, the Aberdeen based equipment rental specialist have made a further significant investment in inertial navigation technology from supplier iXBlue. This latest investment makes Forum Subsea Rentals one of the world’s largest stockists of iXBlue products. The equipment is due to be utilised for ROV positioning in survey and construction support applications on [...]
April 10, 2013 | Posted in
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VMAX Project simulator software is used to develop various offshore simulation applications (e.g. ROV, Crane, Vessel simulation, Asset Integrity Management software). The VMAX Project Simulator (ROV module) provides standard functionality for any ROV equipment and allows accurate simulation of the equipment in a subsea environment. VMAX has been successfully used by operators, service companies and [...]
Investment Promotion Agency of Sao Paolo, Investe SP, linked to the Department of Economic Development, Science and Technology confirmed to support Accelerate Oil & Gas 2013 expo-forum which will be held on 21-22 May at the Windsor Barra Hotel, Rio de Janeiro. Investe SP will hold an exhibition at the event as a way to [...]
The Prysmian Group will participate as Gold Sponsor to the 3rd Smart Grids, Smart Cities Forum, which will be held in Nice, France on March 20 and 21. The conference will bring together experts from both public and private sectors to discuss the initiatives, successful implementations and the future outlook for Smart Cities 2013 and [...]
March 15, 2013 | Posted in
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Helix Energy Solutions Group’s Canyon Offshore subsea contracting business unit signed contracts for a new Perry XT 1500 Seabed Trenching System and two 200 horsepower Perry XLX work class ROVs, to be built by Forum Energy Technologies, Inc. The XT 1500 trencher will support Canyon Offshore’s Oil & Gas and Renewable Energy contracting operations, trenching [...]
March 12, 2013 | Posted in
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Bowtech Products Ltd, a global market leader in subsea vision systems, will be showcasing its new products at the Subsea Tieback Forum & Exhibition, on Stand 1123, in the Subsea UK pavilion, which is being held at the Henry B. Gonzalez Convention Center in San Antonio, Texas USA, from the 5th to the 7th of [...]
Hydratight, the global joint integrity specialist has announced it is to attend the upcoming Subsea Tieback Forum and Exhibition 2013. The exhibition, which takes place at the Henry B. Gonzalez Convention Center, in San Antonio from 5-7th March 2013, will be hosted by Offshore Magazine. The event is expected to see 3,000 people attend across [...]
February 28, 2013 | Posted in
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Forum Energy Technologies, Inc. announced that, based on currently available information, the company now expects full year 2012 earnings per diluted share of $1.72 to $1.74. This is below the company’s previous guidance range of $1.83 to $1.88. The company indicated the reduction in the expected range for full year 2012 earnings per diluted share [...]
January 17, 2013 | Posted in
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ABCO Subsea, a Houston-based custom manufacturer of products for the offshore industry, will exhibit for the first time at the Subsea Tieback Forum and Exhibition from March 5-7 in San Antonio. Representatives from the company intend to showcase ABCO Subsea’s vertebrae bend restrictors (VBR), hydraulic shuttle valves, clamps and other products. The company will also [...]
January 16, 2013 | Posted in
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