Milestones

Teledyne Marine and local manufacturers’ representative, DASCO Equipment, have announced plans to jointly host a Users’ Conference in Halifax, Nova Scotia, Canada on September 18-19, 2018.

Modus Seabed Intervention continues to strengthen its management team with the recruitment of Luke Barnes, who joins Modus as Commercial Manager. With significant experience in the Subsea Industry, Luke has previously worked in Commercial roles with CodaOctopus and most recently with the Global Marine Group.

The ICPC is a non-commercial, non-profit international community of interest comprising 174 Member organizations from 68 countries who are active in the critical activities of regulating, operating, building, securing and maintaining submarine cable infrastructure. ICPC Members take care of over 97% of the world’s submarine telecommunications cable infrastructure, and an increasing number of international submarine power cables.

Kongsberg Gruppen ASA (KONGSBERG) has entered into agreement with Rolls-Royce plc to acquire Rolls-Royce Commercial Marine, a world leading technology business within maritime operations.

Dräger Safety UK has appointed Kelly Murray as general manager of its North Sea operations base in Aberdeen, strengthening its team as it moves into a new phase of growth through continued diversification into the subsea, decommissioning and renewables markets.

Equinor and Barra Energia (“Barra”) have signed an agreement for Equinor to acquire Barra’s 10% interest in the BM-S-8 license in Brazil’s Santos basin. This transaction will enable Equinor and its partners to fully align interests across the two licenses for the Carcará area.

Novacavi has actively contributed to “Marine Energy LAB” (MEL), the research and development project of efficient production, accumulation and transmission of electricity in marine environment jointly developed by the Università Mediterranea di Reggio Calabria and Politecnico di Bari.

The Ministry of Petroleum and Energy has approved the plan for development and operation (PDO) for the Snorre Expansion Project. Investments of just above NOK 19 billion (2017) will increase recovery from the Snorre field by almost 200 million barrels and extend the field life beyond 2040.

Vestdavit has secured a patent from the United States Patent and Trademark Office for MissionEase which protects the multi-boat handling system’s unique mode of operation from plagiarism.

The Institute of Marine Research, shipowner Torvald Klaveness, KONGSBERG and the Norwegian Shipowners’ Association have entered into a public-private partnership to develop a pilot project with the aim of mapping marine plastic and other environmental parameters vital to the health of the oceans. The partners will equip several vessels with advanced sensors to collect data for the Institute of Marine Research.

ROVOP Limited, (“Rovop”) an independent operator of underwater remotely operated vehicles (ROVs), has marked a major business achievement after reporting record revenues and employee numbers for the company. ROVOP has also reported its best ever EBITDA (Earnings before Interest, Taxes Depreciation and Amortization).

Rotech Subsea Ltd. has marked a major milestone by completing its 500th subsea project. The milestone, which the company has racked up since beginning operations under the Rotech Group banner in 1994, was passed after Rotech Subsea mobilized for four major projects in the month of May alone, with two vessels sailing from Aberdeen in the space of just nine days.