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EXHIBITION NEWS

For Up To the Minute Information about Underwater Intervention 2017 Visit the Underwater Intervention Website

As the leaders and decision makers from across the commercial diving and underwater ROV industries prepare to travel to New Orleans for Underwater Intervention 2017, please visit www.underwaterintervention.com for the most updated program schedule, discounted housing information and registration!
 
UI 17 takes place at the Morial Convention Center in New Orleans, Louisiana, from February 21-23. It is the preeminent event for the commercial diving and underwater ROV industries and features three days of industry education, networking and evaluation of the latest and greatest products and services.
 

GENERAL NEWS

Study examines ban on development offshore the Arctic

WASHINGTON, D.C. – The Alliance for Innovation and Infrastructure (AII) has issued a new report exploring the impact and economic benefits created by infrastructure development in the Arctic.

Entitled, “Arctic Promise: Challenges and Opportunities in Realizing the Next Generation of U.S. Arctic Infrastructure,” the report emphasizes the role that the oil and gas industry has historically played in developing the economy of the region.

INSPECTION NEWS (Topside)

Chinese dredger ship impounded offshore, crew investigated

MANILA, Philippines – Department of Environment and Natural Resources (DENR) Undersecretary Arturo Valdez said a dredger vessel docked near the Aklan River has been barred by the government from leaving Philippine waters until an ongoing investigation is completed.

GENERAL NEWS

Hyundai Merchant Expects Losses Until Mid-2018

Hyundai Merchant Marine CEO Yoo Chang-keun said Monday that the firm expects to post losses through the first half of next year due to poor market conditions. 

“This year will be the year to strengthen our financials,” Yoo told Bloomberg. “We are targeting to make an operating profit in the third quarter of next year. By early next year, we expect much of the overcapacity in the market will be resolved . . . We are cautiously expecting rates this year to recover." 

INSPECTION NEWS (Subsea)

The Lost Expedition of Sir John Franklin

For the first time since it was lost, HMS Erebus has been examined inside and out to lend clues into Franklin’s tragic expedition

CONTRACT AWARDS

Mediterranean Pipeline Inspection Work for MMT

MMT has entered into a contract with Medgaz in Spain for inspection of the offshore pipeline between Algerie and Spain.

CONTRACT AWARDS

Merger Success for UES Seanic with First Contract Win

The newly merged Aberdeenshire-based Underwater Engineering Services (UES) and Houston headquartered Seanic Oceans Systems has secured its first contract in Tunisia, a region which neither firm had previously operated in.

CONTRACT AWARDS

Oceaneering wins Statoil E-ROV contract

Statoil has awarded a subsidiary of Oceaneering International a technology development contract to provide the development, manufacturing, testing, and mobilization of a self-contained, battery-powered work class remotely operated vehicle (E-ROV) system deployed on the seabed of the North Sea.

JOB NEWS

M² Subsea to Continue Hiring Spree After Opening New Office in Aberdeen

Subsea services business M² Subsea has opened its new office in Aberdeen and created 30 jobs. The company expects to create an additional 150 jobs by the end of the year. 

PRODUCT NEWS

Pelagic Research Services (PRS) Redesigns its ROV System, Odysseus

Pelagic Research Services (PRS) recently completed an extensive redesign of its 6000-meter ROV System Odysseus, which included in-water commissioning and verification of all ROV systems, including endurance and full power tests. Odysseus is now available to support projects on a global basis. Completed by MPH Engineering, the new system is designed to serve the offshore industry as well as ocean research and exploration communities around the world.

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