Equipment
Ultra Electronics – Sparton Merger Deal Falls Through
London-based Ultra Electronics and Schaumberg, Illinois headquartered Sparton have abandoned their merger, originally valued at more than $234 million. Namely, the transaction threatened to permanently combine the only two qualified suppliers of sonobuoys to the U.S. Navy. During the review of the p
TMC to deliver tech for Teekay’s LNG-fueled shuttle tankers
Norwegian company TMC Compressors (TMC) has won a contract from Samsung Heavy Industries to provide marine compressed air systems to four LNG-fueled shuttle tankers being built for Teekay Offshore.
OGTC Backs Sonomatic and Strathclyde Uni Robotics Projects
The Oil & Gas Technology Centre has invested in three robotics projects to transform pressure vessel inspection. The projects were selected as part of our first Asset Integrity ‘Call for Ideas’, which launched in 2017. Pressure vessel inspection was identified by the industry as a crucial challenge
New equipment for well-capping launched in Italy
Oil Spill Response Limited (OSRL) has launched the Offset Installation Equipment (OIE) well-capping system, designed and manufactured by Saipem.
Damen Marine Components, Van der Velden Marine Systems Announce Merger
Damen Marine Components (DMC) and Van der Velden Marine Systems (VDVMS) recently announced a merger, Damen said in its latest announcement. As of 1st January the two companies are operating together as Damen Marine Components Netherlands (DMC NL). DMC has been operating ever since the early eighties
Reach Subsea Charters Olympic Challenger
Reach Subsea has entered into an agreement with Olympic Subsea for use of the subsea vessel Olympic Challenger for 2 years, with an option to extend for 1 year. The commercial terms of the charter agreement are confidential between the parties. The vessel already has two ROVs mobilised onboard, whic
KW Designed Wins Siemens Subsea Contract
KW Designed Solutions have been awarded a contract by Siemens Subsea for the supply of a second pressure vessel. This new pressure vessel will accompany the existing range of subsea electrical testing pressure vessels, previously supplied by KW Designed Solutions and will be used for the production
PHOTO: Aker Solutions gears up for Johan Castberg work
Norwegian oil services company Aker Solutions is preparing to start building components for the Statoil-operated Johan Castberg development located in the Barents Sea offshore Norway.
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (February 26 – March 4, 2018). Van Oord Wins Port of Benoa Dredging Contract State-owned port operator Pelindo III has contracted Van Oord to carry out dredging works in the Port of Benoa, Bali. Port of Everett
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 26 – March 04). https://subseaworldnews.com/2018/03/01/subsea-7-buys-siem-offshore-contractors-and-two-vessels/ https://subseaworldnews.com/2018/02/27/aker-solutions-subsea-equipment-for-wint
Greenlink Interconnector Looks for Route Survey Provider
Greenlink Project, a HVDC interconnector between the Republic of Ireland and the United Kingdom, has invited bidders for route investigation survey services. Earlier this year, Element Power submitted an application to the Department of Housing, Planning and Local Government for a foreshore licence
EMGS Works on Refinancing Deal
Norwegian geophysical services company EMGS has launched a refinancing proposal as it requires additional funding injection to keep the company running. An independent board of directors of EMGS, which did not include board members representing the major shareholders has, in cooperation with the com
Van Oord to Utilize Oceaneering ROVs for Offshore Wind Ops
Oceaneering has secured a three-year frame agreement with Van Oord for remotely operated vehicle (ROV) and trenching support services. As part of this agreement, Oceaneering has agreed to install one work class ROV onboard Van Oord’s cable-laying vessel, the Nexus, for the full three-year term. Addi
Deltares: Understanding and Predicting Coastal Flooding
Understanding and predicting coastal flooding is a challenging and urgent problem in the presence of sea-level rise, a changing climate, and ever-growing coastal populations. Although this issue is global in scale, understanding and predicting flooding along tropical coral reef-lined shorelines pres