Brokers representing Singapore-based Pacific Richfield Marine say the company is seeking expressions of interest for the sale or bareboat charter of individual vessels, vessel classes or the whole of its fleet, and have described the sale as a “restructuring.” The broker also said it is not certain that any or all of the vessels will be sold at this stage.
SURF contractor Ceona has fallen into administration, Ernst & Young (EY) informed today.
Stuart Gardner and Alan Hudson of EY were appointed Joint Administrators of Ceona Holding Limited and Ceona Crewing Limited and Alan Bloom, Alan Hudson and Colin Dempster of EY were appointed Joint Administrators of Ceona Investments Limited and Certain UK Group companies (the Group).
SubC Imaging is excited to reveal the latest result of its constant push for innovation and research – a suite of 4K equipment which dramatically increases inspection quality and effectiveness.
Britain's North Sea oil and gas sector has shed more than 5,000 salaried jobs since late last year, the country's new Oil and Gas Authority said on Monday, putting an official figure on job losses resulting from a year-long decline in oil prices.
North Sea oil companies have been particularly hard hit by the near 55 percent decline in Brent crude prices since June 2014, as they were already facing some of the industry's highest operating costs in one of the world's most mature basins.
On October 2nd, Deep Trekker will team up with German Search and Rescue specialist Thomas Schlageter from Echolotzentrum Schlageter and Halton, Ontario’s Police Service’s Marine & Canine Unit to provide a ROV demonstration free of charge. The demonstration will take place at Bronte Harbour: 1151 Bronte Road, in Oakville, Ontario. The demonstration is going to be focused on Search and Rescue operations and any Search and Rescue force is welcome to attend and learn more about the use of ROVs for these missions.
Despite pruning jobs the subsea trenching firm said it was confident in winning offshore renewables work.
Further job losses are expected at the North East base of DeepOcean following continued slowdown in the oil and gas market.
The subsea engineering firm expects to shed up to 50 jobs in its offshore team, some of which are based out of its Darlington and Middlesbrough bases.