An international client has informed ODIM about its intention to terminate the letter of intent of 27 March 2009. The value of the agreement is approximately NOK210 million. The agreement covers automated handling solutions which supports maintenance of subsea wells included in the order backlog of the business area Subsea & Deepwater Installation.
The cost related to this well intervention project is mainly booked in the first and second quarter this year.
Members of the US Geological Survey were filmed while out on the Missouri River at Williston, North Dakota, USA, performing a hydrographic survey to monitor the state of riverbed erosion. They were using a multibeam echo sounder which transmits sound energy and analyses the return signal (echo) that has bounced off the riverbed or other objects. Multibeam sonars emit sound waves from directly beneath a ship's hull to produce fan-shaped coverage of the riverbed.
