Equipment
Ocean Installer boasts ‘very first’ subsea job at Johan Sverdrup
Offshore installation firm Ocean Installer has recently completed what it says is “the very first” permanent subsea installation at the Johan Sverdrup field, marking the kick-off of the Johan Sverdrup offshore work. The offshore campaign took place late January in line with project plans and schedul
New Subsea Player Wins Decom Support Gig in Tunisia
The newly merged Underwater Engineering Services (UES) and Seanic Oceans Systems has secured its first contract in Tunisia. As part of the merger between their parent companies ATR Group and Centurion Group last year, the newly formed business of UES Seanic will support Oceana Subsea on a decommissi
TGS Returns to Profit
Geophysical contractor TGS has posted fourth-quarter 2016 net profit of $24 million, compared to net loss of $121.5 million in the same period in 2015. This comes down to quarterly earnings per share (fully diluted) of $0.23, against $1.19 loss per share same time last year. For the full year 2016,
TechnipFMC to Work on Energean’s Project Offshore Israel
Energean Oil & Gas has appointed TechnipFMC as the concept and front end engineering design (FEED) contractor for the Karish and Tanin development programme. This follows Energean’s recent decision to develop the fields using a floating production, storage and offloading (FPSO) unit to facilitate th
AIS Preps DeepOcean for Upcoming Offshore Wind Projects
AIS Training has secured a contract with offshore cable installation contractor, DeepOcean to upskill its workers as the company prepares to deliver several new contract wins. The scope of the contract will see AIS train up to 100 of DeepOcean’s workers in mandatory global wind qualifications at its
Geoex Counters Spectrum in MCG Bid War
Geophysical and geological services company Geoex has decided to increase its offer for all outstanding shares of MultiClient Geophysical (MCG) to NOK 1.40 per share. The new offer valuates the total share capital of MCG at approximately NOK 130.0 million. The initial offer made by Geoex was NOK 1.2
Plexus Inks Shell Extension
Plexus said it will continue to supply wellhead and mudline equipment to Brunei Shell Petroleum for additional two years. The contract extension covers the supply of both Plexus’ High Pressure/High Temperature (HPHT) and standard pressured Wellhead and Mudline systems and services. Today’s contract
Plexus in Revenue Warning, But Eyes Recovery
Plexus Holdings, oil and gas engineering services business, has noted that its revenue for the current financial year, ending 30 June 2017, is currently running materially behind expectations. The company is said to be in negotiations for the conclusion of several new contracts which if they fall wi
Namaka Subsea Scores UK North Sea Deal
Namaka Subsea, an Aberdeen based subsea consulting company, has secured a 5-year contract with an undisclosed UK North Sea operator to act as their diving technical authority. This scope of work outlines the requirement for Namaka Subsea to provide diving technical authority, dive assurance and dive
Genesis Scoops BP FEED Award
Engineering company Genesis has been awarded two frame agreement contracts by BP covering work in the Conceptual, Pre-FEED and FEED stages of the project lifecycle. These frame agreement contracts have global reach and ensure that Genesis will continue to engage early with BP to support them in thei
TCarta Marine and Proteus Geo Combine
TCarta Marine has merged with Proteus Geo to create a global mapping company that provides bathymetric and marine data sets from the shallow coastal zone out to the continental shelf. The new company is called TCarta Marine and will maintain offices in Denver and Oxford. “By merging, we believe the
Flux Group Bags Another Johan Sverdrup Contract
Flux Group’s subsidiary Active Service has been awarded a contract for the provision of 40 hydraulic umbilicals and hoses for a wellhead control system to the engineering and manufacturing company CRE8 Systems AS. The equipment will be installed at the Johan Sverdrup field. Flux Group has now secure
Seatools Introduces New Subsea Storage Technology
In January of this year, Dutch subsea technology company Seatools completed an R&D program on a subsea liquid storage technology. During the program, a continuation of an earlier engineering study performed on behalf of Statoil, the storage technology successfully passed a full product qualification
Smulders Nets EOWDC Foundations Job
A contract for assembling pioneering suction bucket foundations for Vattenfall’s European Offshore Wind Deployment Centre (EOWDC) has helped safeguard around 35 jobs and create up to another 105 positions in Newcastle upon Tyne after being awarded to Smulders Projects. The company will carry out the