Straightpoint, a Crosby Group company, has launched the Subsea Link, a standard product for applications up to 2,000m beneath the water’s surface. The product can be rigged with Crosby’s remotely operated underwater vehicle (ROV) shackles and the company’s Trawlex shackle range, amongst others. The
Oceaneering has reported a net loss of $25.5 million, or 26 cents per share, for the three months ended September 30, 2019. The result compares with net loss of $66 million same time last year. During the prior quarter ended June 30, 2019, Oceaneering reported a net loss of $35 million, or 36 cents
JDR Cable System and Subsea 7 Norway have been awarded cabling contracts for Equinor`s Hywind Tampen project. JDR will be responsible for the design, procurement and fabrication of export and inter-array cables. The cables will be fabricated in Hartlepool in the UK. Subsea 7 has been tasked with ins
Saipem and Wello have undertaken to work together for the successful execution of their first joint project. This will be in the framework of the memorandum of understanding signed last September regarding the deployment of WEC Penguin technology for the production of energy from marine waves. The p
Baker Hughes has reported profit of $57 million or 11 cents per share on GAAP basis for the quarter ended September 30, 2019. The result compares with $13 million profit in Q3 2018, and $9 million loss sequentially. Adjusted net income (non-GAAP) attributable to Baker Hughes was $114 million, up 46%
Oil company Aker BP, oilfield services provider Schlumberger, and Stimwell Services have established a well intervention and stimulation alliance to accelerate and boost oil production.
IMEWE (India-Middle East-Western Europe), the ultra-high capacity fiber optic submarine cable system, is deploying Ciena’s coherent optical solutions and automation software to address network capacity requirements in the region. Ciena’s solutions provide IMEWE with a network capable of delivering i
Aker Solutions’ team in Malaysia has celebrated the delivery of the first standard configurable subsea tree for the Wintershall Dea’s Nova project in the Norwegian North Sea. The standard configurable trees offer a full range of modular core components which could be built to the requirements of the
The EllaLink Group and Telxius, the telecommunication infrastructure company of the Telefónica Group, have signed a collaboration agreement for international subsea capacity and terrestrial connectivity in Latin America, including cable landing facilities in Fortaleza, Brazil. The complementary infr
Spanish oil company Repsol has hired oilfield services giant Halliburton for the provision of cloud-based master data management solutions for exploration and production (E&P) activities.
Two Equinor-operated fields located offshore Norway, the Sleipner field centre and the Gudrun field, will receive power from shore to further reduce CO₂ emissions on the Norwegian Continental Shelf.
After setting the record for the fastest unmanned Atlantic crossing, Saildrone USV SD 1021 has completed the return journey, not only beating its own record time but also becoming the first autonomous vehicle to transit in both directions across the Atlantic Ocean. In August 2019, a Saildrone unmann
Downhole sensing technology specialist Well-SENSE has completed multiple offshore FiberLine Intervention (FLI) projects, worth a six-figure sum, for a range of international E&P companies. The projects have included Distributed Temperature Sensing (DTS) surveys for flow profiling on two unmanned gas
DNV GL is strengthening its commitment to exploring new ocean opportunities by dedicating extra resources to its ocean space research programme. The programme works with stakeholders from business, government and academia to create best practices and standards. It also seeks a collaborative approach
