Craig International has secured a contract with Spirit Energy, which is potentially worth £21 million ($27.4m) over seven years.
Recently, ZTT Submarine Cable (ZTTSC) completed the factory test and delivery of 500kV AC submarine cable for the second-circuit transmission line project for Zhejiang Zhoushan Networking North Passage. The leaders and experts from Zhejiang Electric Power affiliated to State Grid, China Electric Pow
Subsea Internet of Things (SIoT) specialists, WFS Technologies has developed new way to enhance operational effectiveness, while reducing risk and preventing interruption to pipeline production. The patented Seatooth PipeLogger is an integrated pipeline, umbilical, risers and flowlines temperature m
Oilfield software specialist FutureOn has launched a cloud-based platform which enables the digital twin of an offshore field from first concept to first oil and beyond.
Baker Hughes, a GE company, (BHGE) has reported profit of $32 million or 6 cents per diluted share on GAAP basis for the quarter ended March 31, 2019. Adjusted diluted earnings per share were 15 cents per share. The result compared with $70 million profit in Q1 2018, down 55%, and also down sequenti
Wärtsilä will upgrade the navigation systems installed onboard Sovcomflot’s shuttle tankers
Norwegian industry initiative GCE Ocean Technology (GCE Subsea) has become a member of the Norwegian Forum for Marine Minerals (NMM). The membership, among other things, should enable GCE to contribute to strengthening the Norwegian environment’s international contacts and influence in the field of
Aker Solutions has seen its profit go up in the first-quarter 2019 at NOK 149 million, or NOK 0.54 per share, versus net income of NOK 105 million, or NOK 0.38 same time last year. Excluding special items, Q1 2019 EPS was NOK 0.57. Sequentially, basic EPS was down NOK 0.04. The Norwegian services co
Subsea Innovation, part of Tekmar, has designed, manufactured, tested and delivered two diver-installed 10-inch pipeline repair clamps to an undisclosed client. The clamps were designed in accordance with Subsea Innovation’s recently-acquired DNV GL Type Approval for temporary and permanent structur
Modus has placed an order with Saab Seaeye for the next vehicle in its Hybrid Autonomous Underwater Vehicle (HAUV) fleet, the 3,000m rated Saab Sabertooth to be delivered in Q3 2019. The new system will be equipped with extended autonomous endurance and increased thrust for high speed survey and wil
Ørsted has awarded Boskalis the offshore export cable installation contract for the Hornsea 2 offshore wind farm. The contract has a value over EUR 100 million and consists of three export cable circuits with a total length of approximately 380 kilometers. The project scope includes the preparation
Dredging Today brings you an overview of the most popular stories from the past week (April 22-28, 2019). Hard Times for Uljanik, Jan De Nul Wants Money Back Jan De Nul Group is demanding the repayment of all installments paid to Croatia’s troubled Uljanik Shipyard, plus interest, after they cance
Subsea World News has put together a recap of the most interesting articles from the previous week (April 22 – April 28). This content is available after accepting the cookies. Change cookie-settings View on Subseaworldnews. Technipfmc Bags Iepci For Conocophillips Tor Ii Development This content is
DEME Offshore has signed an agreement with Equinor to undertake a study examining potential floating concrete substructures for the planned Hywind Tampen wind farm in the North Sea off Norway. The study is a part of the engineering works before the final investment decision. The scope of the front-e
