Equipment
Norway’s oil fund hits $1000000000000 in value
Norway’s sovereign wealth fund, popularly known as the oil fund, has this week reached a staggering value of one trillion U.S. dollars ($1,000,000,000,000) for the first time. The world’s largest sovereign wealth fund got its first capital in 1996 when the oil revenue from the government was transfe
Plexus Scores with Rosneft Vietnam
Plexus has been awarded a contract with Rosneft Vietnam, a subsidiary of Russian oil and gas company. The contract will see Plexus supply its POS-GRIP high pressure/high temperature (HP/HT) adjustable rental exploration wellhead equipment to Rosneft Vietnam for an exploration well offshore Vietnam.
Dragflow Takes Part at the Genoa Show
Dragflow – a global player in solid pumping solutions – and Dragflow South will be present at the International Boat Show in Genoa, an important event for the sector in its fifty-seventh edition. In particular, on Saturday, September 23, the company will take part in the schedule of initiatives orga
M2 Subsea Opens ROV Test Tank
Aberdeen-based ROV services provider M2 Subsea has unveiled its recently commissioned purpose-built test tank at the company’s base in Westhill. The indoor fresh water tank, which can hold 73,600 litres of water, has been created for the primary purpose of testing ROVs and ancillary equipment. The f
Seanamic Group Makes New Appointments
Seanamic Group has appointed Martin Barnes as the new Group CEO with immediate effect. He takes over from David Cooper, who has led the Group on an interim basis since 2016. Cooper will also step down from the role of managing director of Caley Ocean Systems, to an engineering advisory role. The com
Aker Solutions Scoops Troll Job
Aker Solutions has won a contract from Statoil for front end engineering and design of a module that will increase output at Troll, one of Norway’s largest natural gas fields. The order includes an option for engineering, procurement, construction and installation of the module, which will receive a
Damen: Mining Sand at Huge Dredging Depths
The building industry needs a continuous supply of sand, and as the near shore supplies are drying out, dredging is done at deeper concessions. One of the best tools for the job under these circumstances is Damen DOP submersible dredge pump. Damen Dredging Equipment recently delivered its DOP Submer
M2 Subsea unveils new ROV test tank
ROV services provider M2 Subsea has unveiled its recently commissioned purpose-built test tank at the company’s base in Westhill, Aberdeenshire. M2 said that the indoor freshwater tank, which can hold 73,600 liters of water, was created for the primary purpose of testing ROVs and ancillary equipment
ESS Gets Hornsea Project One Seabed Clearance Gig
Ecosse Subsea Systems (ESS) has been awarded a major seabed clearance project on the world’s biggest offshore wind farm. The project scope for Hornsea Project One export cables, located 120km off the Yorkshire coast, is the latest in a number of renewable energy sector awards secured by the subsea t
Teledyne CARIS Pens Distribution Deal with Italy’s Codevintec
Developer of marine mapping software Teledyne CARIS has appointed Codevintec as CARIS software distributor for Italy, the Adriatic countries, Greece, and Lebanon. Codevintec has been a professional distributor in the geomatics industry for many years. Survey companies, scientific research organizati
Sif – Smulders JV Scores Triton Knoll Job
Sif Holding N.V. informed that Triton Knoll Offshore Wind Farm Ltd and a joint venture of Sif Netherlands B.V. and Smulders Projects Belgium N.V. have signed preferred supplier and early works agreements for the design and fabrication of 90 monopiles and transition pieces as well as 2 foundations fo
EagleBurgmann Presents Mechanical Seal for Subsea Pumps
EagleBurgmann Germany said it has developed a mechanical seal for High Pressure/High Temperature (HP/HT) applications. According to the company, the development has been carried out in cooperation with a well-known pump manufacturer. The seal is said to be optimized for subsea pumps designed for an
Oceanscan Adds R2Sonic Multibeam with INS
Swathe Services announced that Oceanscan has recently made a significant investment for an R2Sonic 2022 digital wideband multibeam system with integrated I2NS (POS MV Wavemaster) INS. The Sonic 2022 is portable, and can be integrated into AUV, ROV, or a small boat for operations with a range up to 4
HollandMT Delivers Dredging System for New TSHD
Holland Marine Technologies BV recently completed delivery and commissioned a dredging system for a 200m³ trailing suction hopper dredger. The THSD was built by Neptune Shipyards and is destined to work in the Caspian sea, reported the HollandMT. As first in a range of compact trailing suction hoppe