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Neptune Completes Acquisition of Subsea Engineering Services Limited

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January 21, 2009

Leading engineering services company, Neptune Marine Services (ASX: NMS) today announced that it had completed the acquisition of Aberdeen based, Subsea Engineering Services Limited (SES), a specialist provider of subsea consultancy and project services to the global oil and gas industry.

Neptune acquired 100% of the issued capital of SES for an initial cash payment of £4.012 million (AUD$8.629 million*). The Company also issued 6,820,532 fully paid ordinary shares at $0.305944 cents each, valued at £1 million (AUD$2.086 million*) calculated on 10 day VWAP prior to 31 December 2008. The shares were issued to the vendors Allister William George Fraser, Jennifer Oman Fraser, Hugh David Parker and Barbara Louise Parker personally, and will be held in voluntary escrow until 30 December 2009. Earn out payments based on EBIT performance of SES will be made over a three-year period, 80% in cash and 20% in Neptune shares.

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Cal Dive Won't Take Your Portfolio Under Water (DVR)

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January 20, 2009

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Cal Dive International (NYSE:DVR) may see less impact from the downturn in energy due to a boost in business related to repairing oil and gas infrastructure damaged by the recent hurricanes in the Gulf of Mexico. This will offset a decline in its pipeline laying and construction business.

Cal Dive International is the world’s largest commercial diving company with a fleet of 31 ships. The company also owns 10 construction barges used to lay pipeline and conduct other offshore construction activities. The history of Cal Dive is a little confusing. The company was started in 1975 and operated under the name Cal Dive until early 2006, when the company decided to change its name to Helix Energy Solutions Group (Nasdaq:HLX). The reason given was that the company had diversified into more than a diving company, and the old name did not reflect that. In December 2006, Helix Energy Solutions did an initial public offering (IPO) of part of its Cal Dive subsidiary, and now owns 59% of the company.

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Long Island rescuers applaud city divers, stand at ready

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January 19, 2009

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BY THOMAS MAIER | [email protected]

Scuba divers and water rescue experts on Long lsland gave high marks yesterday to those who helped save jet passengers who crash-landed in the Hudson River last week and say rescue crews in Nassau and Suffolk are ready to respond if such a disaster happens here.

Steve Bielenda, a scuba diving expert from Miller Place who has trained both New York City and Suffolk County police divers, attributed Thursday’s miraculous rescue to the careful and constant training that rescue teams, which oversaw the emergency response efforts, conduct during the year.

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Let Employers Know When You're Available

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January 19, 2009

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By signing up with cDiver and posting your resume, you have the ability to give employers a red-light or green-light as to your availability. When employers are searching our database for divers to fill jobs they have open, they’ll first search for the divers who are listed as available…so keep your status up to date!

Signup for the cDiver job system, cJobs!

Cold comfort – Snow and ice won't keep these divers away

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January 19, 2009

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By STEPHEN KLOOSTERMAN

The Holland Sentinel

Ottawa County, MI —

For some scuba-diving enthusiasts, a little snow and ice and some freezing temperatures aren’t enough to keep them out of the water.

At noon on New Year’s Day, a group of about 10 of them gathered on the roadside near Holland State Park to decide if there was too much snow and ice to go for a dive.

“What have we got?” one asked.

“Chunks,” another said, as the group looked down at ice floes and slush floating in the channel.
“That’ll make it more exciting to get into,” a third person said.

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World's First Wave Farm

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January 19, 2009

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Located off the coast of Portugal, these 3 wave power generators are already producing enough energy to power 1500 homes!

How it Works:
The pontoons float, so they’re forced to bob up and down with the waves. There are cables attached to the pontoon and on the sea-floor, with pistons on the seafloor. The pontoons bobbing with the waves moves the pistons up and down, thus producing the energy.

Not exactly something that will power the entire planet, but these may be something you start seeing out in the commercial diving world. Here’s the full story if you want to read more…

http://dvice.com/archives/2008/10/worlds_first_wa.php

UK and South Korea. Lloyd's Register helps ROK navy to deep dive record

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January 19, 2009

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Lloyd’s Register has chalked up a hat-trick of firsts in co-operation with the Republic of Korea Navy. ROKS DSRV II, a rescue submersible built by UK underwater defence systems specialists, James Fisher Defence (JFD), based at Renfrew in Scotland, is the first submarine in Korea to be classed with Lloyd’s Register, marking the first involvement by Lloyd’s Register Asia with the ROK Navy. Also, the submersible’s final dive during its sea acceptance tests – to a depth of 507 metres – is the deepest recorded dive in the history of the Korean Navy.

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Salvaging an Assult Vehicle

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January 19, 2009

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By Ron Mizutani

A diving and salvage unit from Marine Corps Base Hawaii returned to Bellows Wednesday to recover an Assault Amphibian Vehicle that sank Monday night. But is there more to the story than what’s being shared by the military?

Sources told KHON2 diesel fuel leaked from the A-A-V but those in charge of the salvage project say that’s not true.

As divers prepped salvage equipment at Bellows, beach goers watched with interest and questions.

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Divers christen new Navy pool

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January 19, 2009

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By JONAS HOGG / News Herald Writer

NAVAL SUPPORT ACTIVITY — It’s every pool kid’s dream – a 40-foot by 75-foot heated swimming pool. All it’s missing is a diving board. However the 40-foot depth, the fitting for an aquatic crane and the plans for an airlock at the bottom reveal a purpose more utilitarian than recreational.

But that doesn’t mean it’s not fun.

On Jan. 15, the first class from the Naval Diving and Salvage Training Center splashed into the breathless work of training. For the instructors, the new facility was a welcome addition. With the floors adjustable to different depths, airlock chambers and machinery attachments the the pool has smashed open new avenues for training.

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Diving, salvage companies expand Alaska services

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January 19, 2009

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Offshore Divers and Global Diving and Salvage Inc. recently announced expanded services for the Alaska marketplace through the formation of Global Offshore Divers based in Anchorage. These two companies combine to provide mixed gas and saturation diving capabilities for offshore oil and gas fields. For more than 10 years, Offshore Divers has provided Alaska-based divers to the oil and gas production and marine construction industries. The Alaska management will be actively involved in management of Global Offshore Divers, a wholly owned division of Global Diving and Salvage Inc. The parent company, Global Diving and Salvage Inc., began in 1979 as a diving and marine support company based in Washington. It currently specializes in deep diving capabilities up to 1,000 feet of water depth with saturation systems, mixed-gas surface diving, remotely operated vehicles, marine salvage capabilities and emergency response.

http://www.adn.com/money/story/658566.html