Allspeeds has recently tested its new cutting and sealing tool for the decommissioning sector at Balmoral Subsea Test Centre’s submersion tanks. Accrington-based Allspeeds, the sole manufacturer of ‘Webtool’ hydraulic ROV cutters and systems, was awarded a contract by Chevron USA to develop an envir
Forum Energy Technologies has recorded loss in the third-quarter 2019 of $533 million, or $4.83 per diluted share, compared to loss of $3 million, or $3 cents per diluted share, for the prior-year comparable period. Sequentially, Forum widened its loss from $12 cents per diluted share, with revenue
Norwegian acoustic doppler technology developer Nortek has appointed Finn Ivar Marum as its new CEO. After over two decades at the helm of Nortek, Atle Lohrmann is taking on new challenges at newly started Hefring Engineering in Boston. Lohrmann will continue as Nortek’s chairman of the board. “I am
The Peregrino C jacket, built by Heerema Fabrication Group for Equinor, has left a fabrication yard in the Netherlands and sailed away to Brazil.
Berlin-based EvoLogics has introduced “Poggy” – a new bionic autonomous underwater vehicle (AUV) that uses Fin-Ray technology. The vehicle is being developed as part of BONUS SEAMOUNT collaborative R&D project and made its first dives at Breaking The Surface 2019 workshop in early October 2019. Nick
First Subsea has secured a contract with Spanish developer and construction company Cobra Group to provide cable protection systems (CPS) for Kincardine offshore wind farm. The company will supply eleven cable protection systems to the 50 MW floating offshore wind farm project 15 kilometers south of
UK-based engineering firm Sonardyne is supporting a new laboratory at Newcastle University focused on marine robotics. Housed in the Armstrong Building, the Newcastle University Sonardyne Robotics and Autonomous Systems Student Laboratory contains new equipment and components for building underwater
The Oil & Gas Technology Centre (OGTC) has officially launched the third year of its accelerator programme, TechX, with the announcement of new industry partner – Equinor. The TechX Pioneer Programme helps ambitious start-ups take their solutions to the energy market faster. To date, 21 companies ha
Aker Solutions said it aims to generate about half of its revenue from renewable or distinct low carbon solutions by 2030, according to the company’s 20/25/30 strategy. According to the company, the oil and gas industry will remain its biggest market, but over the next decade Aker Solutions plans to
REV Ocean has signed a partnership agreement with the Norwegian University of Science and Technology (NTNU) and Ocean Data Foundation (ODF). With this agreement, NTNU scientists and engineering students will be able to use the REV Ocean vessel as a research platform and apply their marine science ex
NKT has been awarded a three-year service agreement contract by the German-Dutch power grid operator TenneT covering the cable jointing part of a larger offshore service agreement. The contract covers the cable jointing work for seven power cable systems and includes a tailored preparedness plan des
Oilfield services company Expro has appointed Quinn Fanning as chief financial officer. Fanning brings a breadth of financial leadership and executive management experience through his time as CFO of a public company and an investment banker. In his most recent position as executive vice president a
REV Ocean has acquired the Supporter 6000 ROV from Kystdesign in Aksdal, Norway. The ROV will be one of the most important tools used to achieve the core scientific goals of the REV Ocean research vessel. REV Ocean, will be equipped for conducting missions that cover the entire marine ecosystem. The
Oil from the Johan Sverdrup field in the North Sea has arrived at the Mongstad plant north of Bergen. “This is a great day for Equinor and the Johan Sverdrup partnership, consisting of Lundin Norway, Petoro, Aker BP and Total. First oil to Mongstad only a few days after production start confirms tha
