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GENERAL NEWS

FMC Technologies Completes Acquisition of Schilling Robotics

   FMC Technologies, Inc. (NYSE: FTI) announced that it has completed the transaction to acquire the remaining 55% of the outstanding shares of Schilling Robotics LLC ("Schilling").

GENERAL NEWS

Ferry engineer wins legal battle against taxman over seafarer concessions

 A ferry engineer has won a legal battle over the taxman about offshore concessions for sea-farers.

 Ian Cameron refused to give way after HM Revenue and Customs told him he did not qualify for more than £70,000 in offshore tax breaks granted to seamen.
 

GENERAL NEWS

BP Orders Four New Platform Support Vessels to Help Deliver North Sea Strategy

 BP announced that it has ordered four new platform support vessels (PSV) to help deliver its long term business strategy in the North Sea. The vessels will be deployed to support its West of Shetland (WoS) and Norwegian operations and be delivered between the winter of 2013 and summer of 2014. 

GENERAL NEWS

SMD Wins Consecutive Queen's Awards

 SMD has been honoured with the prestigious Queen’s Award for Enterprise in the International Trade category for its growing presence and success in global markets.

This is the second Queen’s Award the company has won in the last two years. In 2011, SMD was presented with the Queen’s Award for Innovation for its work-class remotely operated vehicles (WROVs).

GENERAL NEWS

TE Subcom Completes Construction of the TGN-EA and TGN-GULF Undersea Cable

Systems Will Deliver Regional and International Connectivity to Middle Eastern Countries

 

TE SubCom, a TE Connectivity Ltd. company and an industry pioneer in undersea communications technology has completed construction of the TGN-EA (Jeddah) and TGN-Gulf undersea cables for Tata Communications. TGN-EA (Jeddah) connects Saudi Arabia, Egypt and India, while TGN-Gulf links Oman, India, United Arab Emirates, Saudi Arabia, Qatar and Bahrain.

GENERAL NEWS

Seatronics Expands to MacaƩ, Brazil

With established bases already in Aberdeen, Abu Dhabi, Houston, Louisiana, Perth and Singapore, this new office supporting the Brazil region, reflects the company’s ongoing expansion and increased business from new and existing clients.

GENERAL NEWS

BP Agrees Sale of Southern Gas Assets to Perenco

BP announced that it has agreed to sell its interests in its southern gas assets (SGA) in the UK North Sea to Perenco UK Ltd for $400 million in cash.
 
As it continues the active management of its business portfolios around the world, focusing on core activities and future growth, BP expects to divest assets with a total value of $38 billion between 2010 and the end of 2013. Including the agreement to sell SGA, the company has now announced divestments with an expected value totalling approximately $23 billion. 
 

GENERAL NEWS

BP Statement on U.S. District Court Ruling on Deepwater Horizon Accident

The ruling, together with last week's decision on Transocean's financial obligations stemming from its conduct at the Macondo well, is a strong signal that contractors involved in critical well operations will be held accountable for their actions under the law. 

GENERAL NEWS

New Cabling Plans For London Array

Cable installation at London Array has been rescheduled following bad weather and engineering challenges arising from operating in the wind farm’s shallow waters.

A review by London Array and cabling contractors Global Marine and Visser & Smit Marine Contracting Ltd (VSMC) will see fresh resources deployed to ensure the inter-array cables are installed on time.

GENERAL NEWS

Tempo-Mini inhabits the hot vents

Located on mid-ocean ridges, hot vent ecosystems are characterized by extreme environments and unique organisms, which don't depend on sunlight - a rare feat! Photosynthesis is the way plants convert energy to food, but deep-sea hydrothermal vent communities are sustained by microorganisms, which carry out a process known as chemosynthesis.


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