KONGSBERG signs deal with offshore intallation group

Kongsberg Oil & Gas Technologies (KOGT), a wholly-owned subsidiary of Kongsberg Gruppen ASA, has signed an agreement to supply a flexible risers and umbilicals installation system for the ‘Capstan Reel Installation System’ (CRIS), to the Offshore Installation Group (OIG). The patented CRIS design simplifies the subsea installation process, enabling a reduction in installation time and risk, which translates to significant cost savings. Full text

Industry

Samson Receives Award from Marine Technology Society

2008.09.30 - Industry -

Samson Receives Award from Marine Technology Society

Samson, the worldwide leader in performance cordage, was presented with the Industrial Compass Award at the Marine Technology Society’s (MTS’s) annual Awards Luncheon on September 16 during the OCEANS’08 MTS/IEEE conference in Quebec City, Canada. Samson was recoginized for its outstanding contributions to the advancement of marine technology. Full text

Subsea Company Awarded for Raising Major Funds for the Scottish Community Foundation

2008.09.26 - Industry -

Subsea Company Awarded for Raising Major Funds for the Scottish Community Foundation

Local Aberdeen subsea company, Canyon Offshore, last night (25th Sept 08) received the award for Top Fundraiser. Raising over £16,000, the team of 6 - known as ‘Grand Canyon’ - were among 345 named teams with around 1,500 walkers in total, who had endured Scotland’s foremost endurance fundraising event: the RBS Caledonian Challenge. Full text

DP Training Reaches Landmark Figure

2008.09.26 - Industry -

DP Training Reaches Landmark Figure

The use of dynamic positioning (DP) systems has never been higher. Not only are offshore fleets expanding, but the use of DP across other ship types is also increasing rapidly, with DP even used on the likes of cruise ships and super yachts. Full text

Spectrum and Fugro announce joint west coast of India acquisition

2008.09.19 - Industry -

Spectrum and Fugro announce joint west coast of India acquisition

Spectrum and Fugro have announced a joint proposal to undertake a new multi-client, long offset, 2D seismic survey off the west coast of India at the Geo India Conference and Exhibition at Greater Noida, New Delhi today.
Full text

Oil & Gas Industry Suppliers Performance Questioned in Drilling / Wellsite Equipment & Materials Survey

2008.09.19 - Industry -

Oil & Gas Industry Suppliers Performance Questioned in Drilling / Wellsite Equipment & Materials Survey

EnergyPoint’s Drilling / Wellsite Equipment & Materials Survey of oil & gas industry purchase decision-makers show major oilfield supplier companies among both the best and worst performers, with some of the biggest players showing the steepest decline in customer satisfaction. Full text

Hydro Group targets Asia Pacific for growth

2008.09.19 - Industry -

Hydro Group targets Asia Pacific for growth

Aberdeen based Hydro Group plc, a global solutions provider of optical and electrical products in the subsea technology industry, announces growth in Asia Pacific region.Hydro Group today said that sales for the region are growing at 10-15% per year and across all target industry sectors, so are not reliant on oil & gas alone. Full text

Triton Group broadens subsea offering with new acquisition

2008.09.07 - Industry -

Triton Group broadens subsea offering with new acquisition

Triton Group has taken another significant step forward in its plans to become a world-leading group of subsea technologies and services with the acquisition of an underwater digital video systems company. The Aberdeen-based group has completed the deal to acquire VisualSoft - its eighth acquisition since forming in 2007. The deals to date are worth, in total, more than £100 million. Full text

Kongsberg Maritime buys UK subsea Company GeoAcoustics Ltd.

2008.09.01 - Industry -

Kongsberg Maritime buys UK subsea Company GeoAcoustics Ltd.

Kongsberg Maritime has signed an agreement to purchase the UK based sonar company GeoAcoustics Ltd. of Great Yarmouth, for approx. MNOK 42. The acquisition will enhance Kongsberg Maritime`s market position as GeoAcoustics` products will complement KONGSBERG`s product portfolio. Full text

LNG, Innovation and Renewable Energy hot topics at ONS 2008

2008.08.30 - Industry -

LNG, Innovation and Renewable Energy hot topics at ONS 2008

ONS 2008 has attracted more visitors than ever before in its 34-year history, with more than 38 000 people estimated to have attended by comparison with 35 700 in 2006. The three parks for LNG, innovation and renewable energy – and particularly the last of these – have enjoyed a level of visitors which exceeded all expectations. Full text

Aker Solutions takes full control over Aker Marine Contractors

2008.08.25 - Industry -

Aker Solutions takes full control over Aker Marine Contractors

Aker Solutions ASA has acquired an additional 30% share in Aker Marine Contractors from Taubåtkompaniet AS. "This acquisition reflects our long term strategy to expand our foothold and further strengthen our position across the value chain of marine operations and oilfield services", says Mads Andersen, executive vice president of Aker Solutions. Full text

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