RentOcean, part of Oceanteam Shipping ASA’s solutions division, has been awarded a contract with Bohlen & Doyen GmbH for supplying a lay spread for a cable laying project in Germany. The lay spread includes a 4000T demountable turntable and loading tower with built-in tensioner. The contract has a d
Jonathan Britain has been appointed as Managing Director of LOC Group’s London operation. Jonathan Britain joins LOC having previously headed-up Bureau Veritas’s UK industry division. A mechanical engineer by background, he brings with him a wealth of operational management expertise. Prior to Burea
Tidal power company Atlantis Resources has appointed Ian Cobban as an independent Non-Executive Director with immediate effect. Cobban has over 30 years of experience in the subsea construction, operations and maintenance industry. He first joined Subsea Offshore Ltd, a subsidiary of Subsea 7 S.A, a
Multiseis Programmes Ltd, a Lowestoft-based company that develops software for the marine seismic industry, has expanded and moved its main UK operations to coastal renewables hub OrbisEnergy. Its four full time UK staff will work in OrbisEnergy, while its three part-time administration staff will r
Wave Energy Scotland (WES) has announced the list of successful contract awards following its first international, competitive open call. The first call focused on innovative Power Take-Off systems for wave energy devices. Over £7m has been awarded to 16 technology developers and consortia, from cou
Strategic Marine has confirmed that its stock program of personnel transport vessels is market-ready. The program includes Offshore40 Gen3 Crew / Security / Multipurpose Vessel and StratCat26 Crew Transfer Vessel. Reece Newbold, Group Business Development Manager for Strategic Marine said: “Producin
On August 1st 2014, ELA Container GmbH established ELA Container Offshore GmbH, its subsidiary specializing in the offshore sector, which now celebrates its one year anniversary. “ELA Container GmbH Offshore is active in a highly specialized market that places special demands on our products, assemb
Jee Ltd, a subsea multi-discipline engineering and training company, has announced a number of key internal promotions to strengthen its capabilities and champion the delivery of projects. The new structure, headed up by Jonathan McGregor, Head of engineering at Jee underpins Jee core services inclu
DONG Energy has signed an agreement with EDF Energies Nouvelles under which the company will acquire DONG Energy’s lease for the offshore wind demonstration site in Frederikshavn in the northern part of Denmark. The demonstration project is located approximately 4 kilometres east of the harbour of F
Michelle Rempel, Minister of State for Western Economic Diversification, announced an investment of CAD 2.3 million for two projects at the University of Manitoba to support innovation in Western Canada. With federal funding of $1.8 million, the University of Manitoba’s Technology Transfer Office wi
The French cable specialist, Nexans, has reported a net loss of EUR 58 million (profit of EUR 25 million) after taking into account 38 million euros in net cost of debt and a 10 million euro income tax expense. On the other hand, EBITDA came to EUR 167 million, up from EUR 147 million in the first s
Oceanteam Shipping ASA has acquired the remaining 48% stake in OCEANWIND BV and is now the sole owner of Oceanwind Cable Storage & Handling Solutions. As a result of the acquisition the company’s name will be changed to Oceanteam Cable Solutions, whereby it can now fully focus and grow its worldwide
Gamesa obtained €97 million in net profit in the first half of 2015, more than double the figure in the same period of 2014, as a result of expanding commercial activity (+30.8%) and improved profitability. Revenues increased by 30.8% year-on-year in the first half of 2015, to €1,651 million, driven
Marine Power Systems (MPS), a Swansea-based company that is developing technology designed to harness wave energy, has become a member of Ocean Energy Europe, the industry group for ocean renewable energy in Europe. Marine Power Systems joins a growing list of industry representatives uniting behind