Oceaneering International, Inc. reported record fourth-quarter and annual earnings for the periods ended December 31, 2012.For the 4Q 2012, Oceaneering earned net income of $80.6 million, or $0.74 per share, on revenue of $780.9 million. During the corresponding period in 2011…
Oceaneering to provide 3 BOP control systems Multiplex Control Pod (Image: Oceaneering) Oceaneering International, Inc. secured contracts with a subsidiary of Transocean Ltd. to provide three subsea blowout preventer (BOP) control systems…
Subsea Technologies wins new enterprise award(Image: Subsea Technologies Ltd.)Well intervention specialist Subsea Technologies Ltd. (STL) was named the winner of the ‘New Enterprise’ category at the prestigious Subsea 2013 Industry Awards…
FMC to deliver subsea gear starting 1H 2013 BP Thunder Horse platform (Image: BP)BP has chosen FMC Technologies to manufacture and supply subsea equipment to support water injection in its Thunder Horse field, FMC announced on 4 February 2013…
McDermott will supply platforms and flowlines McDermott's Batam Island facilitiesMcDermott International's Indonesian subsidiary has been awarded a contract by PC Muriah Ltd., an affiliate of PETRONAS Carigali Sdn. Bhd., to develop offshore…
Neil Gordon, Subsea UK One of the fastest-growing sectors in recent years, the subsea industry is set to continue on its upward curve in 2013. Having demonstrated high growth through the recession, the subsea sector is enjoying a positive…
Rube Goldberg had nothing on these guys. The American engineer, inventor and cartoonist most famous for drawing outlandish machines would have smiled at all the ideas for capturing ocean wave and tidal energy.According to the European Marine Energy Center…
Aker to supply Aasta subsea production system SPAR platform on the Aasta Hansteen fieldAker Solutions has signed a contract with Statoil for the supply of a subsea production system for the Aasta Hansteen field development project on the Norwegian Continental Shelf…
Bridon’s new wire rope factory at Neptune Quay.Shipments have begun from a new UK wire rope factory built by Bridon International with future deepwater installation and lifting requirements and challenges very much in mind. Meg Chesshyre joined…
Case ACase BOn a separate but related theme, the Umbilical Manufacturer’s Federation has recently published a guidance note on the subject of free span analysis.The term ‘free span’ is used to refer to the scenario whereby a section of installed…
As the oil & gas industry ventures into deeper waters and more extreme environments, operators, umbilical equipment designers and manufacturers, and installation companies, have been working together to ensure umbilical installation is as smooth an operation as possible…
New next gen IMR vessel heads for North Sea Seven Viking IRM vesselThe cutting edge Seven Viking vessel, designed for operations in the harshest environments is being unveiled and named at a ceremony in Stavanger, Norway, by Subsea 7…
The Aberdeen company acquires two Gavia AUVs Two Gavia AUVs delivered to NCS SurveyNCS Survey has expanded its growing autonomous underwater vehicle (AUV) fleet with the purchase of two Teledyne Gavia AUVs.These vehicles are the latest…
GE and GLS create Angolan manufacturing pact GE Oil & Gas CEO Dan Heintzelman speaks at the 2013 Annual Meeting in Florence, Italy.GE Oil & Gas has formed a new joint venture with Angola's GLS Holdings SA that will supply subsea equipment to the country's oil and gas industry…
Engineers from the US Woods Hole Oceanographic Institution (WHOI) have developed a new wireless underwater communication system to control ROVs in real-time. This new method may eliminate the need for long tether cables, offering a new degree of freedom in underwater robotics…
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