Equipment
Norway Supports ABB’s Subsea Power Solutions Research
The Research Council of Norway has awarded ABB a NOK 10 million research grant to develop subsea technology for use on the Norwegian continental shelf and the Barents Sea. This is the third award for ABB as part of the Council’s DEMO2000 initiative. Previous funding rounds, both in 2016, totaled NOK
Aqua Comms Boosts Executive Team
Aqua Comms, the operator of Ireland’s first dedicated subsea fibre-optic network interconnecting New York, Dublin and London, has appointed two new members to its executive leadership team. Andy Hudson has been named chief networks officer and Kevin Foley has been named chief financial officer. Huds
SengS Gets New Managing Director
Engineering services firm SengS has strengthened its senior team with the appointment of a new managing director and secured new deals which will take its turnover for this financial year past the £2 million mark for the first time. Formerly the company’s operations manager, Peter Thomson has taken
Scotland invests in new subsea testing facility in Aberdeen
Aberdeen-based Balmoral Offshore Engineering is creating a new hyperbaric pressure testing facility in its Subsea Test Centre with financial support from the Scottish Government. Balmoral’s new open access hyperbaric pressure testing facility will support the oil and gas supply chain, specifically,
HYPACK Expands Team, Sets Up Germany Office
HYPACK, a software developer for the hydrographic and dredging industry, has appointed Dr. Peter Ramsay as business development leader and opened a new European office in Germany. Ramsay was previously a director at Marine GeoSolutions Pty Ltd in Australia. He will be seeking further growth at HYPAC
Atlantis Subsea Farming Asks for More Development Permits
Atlantis Subsea Farming has decided to appeal the decision by the Norwegian Directorate of Fisheries regarding the awarded development licenses for its submersible fish-farming project. In January 2016, the Norwegian company applied for 6 development licenses of which 2 were approved by the Director
TGS Back in Black
Geophysical contractor TGS has posted first-quarter 2017 net profit of $1.6 million, compared to net loss of $20 million in the same period in 2016. This comes down to quarterly earnings per share (fully diluted) of $0.02, against $0.20 loss per share same time last year. The Oslo-listed firm genera
Wood Group Men Work with NSRI to Diversify Subsea Sector
Two engineers from Wood Group have supported the National Subsea Research Initiative (NSRI), the technology arm of industry body Subsea UK, in its drive to speed up the development and implementation of near to market technologies in the subsea sector. Jamie McCallum and Christer Fjellroth, who are
Aker Solutions Sees Earnings Fall
Norwegian oil services company Aker Solutions has reported net income of NOK 62 million ($7.3 million), or NOK 0.23 in the first-quarter 2017, versus net income of NOK 169 million ($19.5 million), or 0.53 NOK in the prior-year comparable period. The company has seen its revenue decline to NOK 5.17 b
IKM mobilizes first equipment to Snorre B and Visund
ROV operator IKM Subsea has begun mobilization of first equipment for Statoil’s Visund and Snorre B fields in the North Sea. IKM was awarded a contract by Statoil for ROV services on the Visund and Snorre B fields in August 2016. IKM Subsea said on Monday that the contract entails the provision of t
Tekmar Protects Cables of First OWF in Taiwan
UK-based Tekmar Energy (Tekmar) has supplied its TEKLINK cable protection system (CPS) to protect the underwater power cables as they enter the wind turbine foundations on the Formosa 1 Phase 1 offshore wind farm project, the first offshore wind farm in Taiwan. Formosa 1 Phase 1 is the first phase o
Bureau Veritas launches new asset integrity management solution
Bureau Veritas (BV), a provider of testing, inspection, and certification services, has launched its Veristar AIM 3D asset integrity management system, based on Dassault Systemes’ 3DEXPERIENCE platform. BV said on Monday that the new solution combines a digital twin of any marine or offshore asset w
Bibby HydroMap Completes Burbo Bank Extension Export Cable Scans
Bibby HydroMap has completed site operations on the newly installed export cable of Burbo Bank Extension. Contracted by DONG Energy, the work involved two of the company’s vessels; Bibby Athena and Lia, mobilised with survey equipment to acquire multibeam bathymetry, side scan sonar data, sub bottom
HR Wallingford Tests Scour Protection for East Anglia One
HR Wallingford is carrying out physical modelling to test the scour development and the performance of a frond mat scour protection system to protect the jacket piles for the East Anglia One (EA ONE) offshore wind farm. ScottishPower Renewables (SPR), the developer of the EA ONE, and Seabed Scour Co