Geoquip Names Turner CEO
Geotechnical data acquisition company Geoquip Marine appointed Richard Turner as its new Chief Executive Officer with former CEO Stewart Higginson moving to the role of Executive Chairperson. Existing Chairperson, Peter Østergaard Nielsen will remain on the Geoquip Marine board as a Non-Executive Director.Turner has considerable experience as a CEO and specifically of the offshore energy sector. He joins Geoquip Marine from British Engines, where he was also CEO. Prior to this Richard served as President and CEO of JDR Cable Systems.
Nexans Celebrates Construction of Aurora Cable Installation Vessel
On October 15, 2019, Nexans hosted the grand block ceremony that represented a key step in the construction of its ground-breaking cable installation vessel, the âNexans Auroraâ. The vesselâs hull is currently being built at the CRIST shipyard in Poland. It will be completed at Ulstein Verft in Norway, with delivery planned for 2021.The grand blocks are the major components in the construction of the hull. They are being assembled at CRIST, in the Polish port of Gdynia. Representatives from NexansâŚ
Kongsberg Maritime, SES Form Strategic Alliance
Kongsberg Maritime Inc., the North American division of Norway headquartered marine and offshore technology company Kongsberg Maritime, and Houston headquartered Stress Engineering Services (SES) have formed a strategic alliance to better serve existing and new clients with cost effective engineering services and fully integrated technical solutions within offshore drilling and floating production systems. By combining Stress Engineering Servicesâ wide-ranging engineering expertiseâŚ
Aker Sees Robust Demand Following Q2 2013 Slip
Aker Solutions generated revenue of NOK 11.9 billion in the second quarter of 2013, compared with NOK 11.9 billion in the second quarter of 2012. Earnings before interest, tax, depreciation and amortisation (EBITDA) amounted to NOK 946 million in the quarter, compared with NOK 1.36 billion in the year-earlier period. The EBITDA margin was 7.9 percent in the quarter, compared with 11.4 percent a year earlier. Earnings per share (EPS) were NOK 0.44 in the quarter, down from NOK 2.50 a year earlier. The order intake was NOK 10.9 billion in the quarter, compared with NOK 12 billion a year earlier. The prior-year figure excludes a Category B rig contract of NOK 11 billion that was cancelled in June. The order backlog was NOK 59.8 billion at the end of the quarter.
2H Offshore Names Jewell and Ha Directors, London Office
2H Offshore Inc., an Acteon company, has named Glen Jewell and Hanh Ha as additional directors of its London office. The roles came into effect at the start of 2013. Jewell and Ha will join John McGrail and Alex Rimmer and will share responsibility for the management of the engineering activities and the continued success and development of the business. Haâs primary activity sector will be flexible riser, flowline and umbilical engineering, and Jewellâs focus will be drilling and production risers and conductor systems.
Technip Awarded GofM Subsea Contract
Technip wins a lump sum contract for development of subsea infrastructure for the Cardamom field located in the Gulf of Mexico, Garden Banks block 427. The field is at a water depth of approximately 830 meters, and the project consists of a subsea tie-back to the Auger tension leg platform, wholly owned by Shell Offshore Inc. The contract covers the project management, engineering, fabrication and installation of the East and West Loop 12.8 kilometer pipe-in-pipe flowlines with associated PLETs and steel catenary risers. Technip's operating center in Houston, Texas will perform the overall project management. The flowlines and risers will be welded at Technipâs spoolbase in Mobile, Alabama.
Subsea Umbilical Frame Agreement
Aker Solutions has signed a frame agreement with Shell Norway and Shell U.K. Limited for the supply of subsea umbilicals. The contract is awarded for one year with an option to extend it an additional 12 months. The award means that Aker Solutions will be the preferred supplier of steel tube umbilicals for projects in the North Sea that are managed by Shell's Norwegian and UK operations. Aker Solutions has held similar frame agreements with Shell UK since 2001. "We have delivered several well-functioning umbilical systems to Shell already. We are therefore in a position where we can look at re-using previous solutions. This can both reduce risk and speed up delivery timeâŚ
Aker Kvaerner Signs Agreement with Woodside
Aker Kvaerner has signed a frame agreement with Woodside Petroleum Ltd to become the Australian oil and gas giant's preferred supplier of steel tube umbilicals. The contract could be worth between NOK 150 - 200 million annually. The frame agreement is awarded for a three year period with optional periods of one + one year and has the potential to support Woodside Petroleum Ltd with its proposed LNG developments. The agreement will make Aker Kvaerner's subsea division the main supplier of steel tube umbilicals to Woodside's field developments off the western coast of Australia. As part of the contract, Aker Kvaerner will be responsible for the design, manufacturing, testing, certification, delivery and installation support of the umbilical systems.
Coflexip Stena Offshore Modifies Its Management Structure
upon his suggestion, Daniel Valot, Chairman of the Board of Technip-Coflexip, was appointed, effective October 17,, Vice Chairman and Chief Executive Officer of Coflexip, providing him with the same powers as Pierre Marie Valentin. of Technip-Coflexip bylaws, which should occur early December 2001. effective best in class services and products for the development of offshore hydrocarbon fields worldwide. abandonment, the Group solutions in engineering, fabrication and installation are proposed on either an integrated or a segmented basis. expertise in moorings, pipeline-riser-umbilical systems and robotics. of subsea construction and installation vessels.
