Equipment
Osbit Sees Rise in Revenue
The Northumberland-based offshore engineering and technology company, Osbit, has reported an increase in turnover by a third during its 2015/16 financial year after boosting its export activity despite challenging market conditions. For the 12 months ending September 30, 2016, the company achieved t
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (December 12-18, 2016). IADC Dredging in Figures 2015 Available The International Association of Dredging Companies (IADC) has just released its Dredging in Figures 2015, an annual review of the global dredging ma
Aibel Scoops Snorre A FEED Study
Aibel has been awarded FEED study for modifications on Snorre A in connection with Snorre Expansion. The contract also has an option for the actual implementation phase. The Snorre field is to be developed further with a subsea solution to increase recovery. The production is to be hooked up to Snor
SEA-ME-WE 5 Subsea Cable Construction Complete
Construction of the South East Asia-Middle East-Western Europe 5 (SEA-ME-WE 5) submarine cable has been completed, SEA-ME-WE 5 consortium informed. The cable connects Malaysia, Singapore, Indonesia, Myanmar, Bangladesh, Sri Lanka, Pakistan, Oman, the United Arab Emirates, Djibouti, Saudi Arabia, Egy
Statoil and Norsk Helikopterservice in corruption probe
The Norwegian police is investigating a corruption case involving Statoil, a Norwegian oil giant, and a Stavanger-based helicopter operator Norsk Helicopterservice. By Statoil’s admission on Thursday night, the company itself, following information received, started investigating an employee for pos
NSN Link Gets USD 519 Mln Financing
SACE and SIMEST (CassaDepositi e Prestiti Group), and BNP Paribas Corporate & Institutional Banking (CIB) have finalized the export financing of USD 519 million for National Grid North America in support of the works and supply orders awarded to Prysmian as part of the North Sea Link (NSN Link) proj
ALE Wraps Up Wikinger OWF Work
ALE, strategic heavy-lift services provider, has performed the final load-out for the Wikinger offshore wind farm project in Ferrol, Spain. ALE was contracted to undertake a variety of services for the Wikinger project across two project sites, Cadiz and Ferrol in Spain. The scope in Ferrol was divi
Van Oord to Construct Norther OWF
Van Oord has signed a contract with Norther for the Balance of Plant works for the Norther offshore wind farm, located 23 km off the Zeebrugge coast in Belgium. With a maximal capacity of 370 MW, Norther is set to become Belgium’s largest offshore wind project. After completion it will deliver renew
VBMS Secures Kriegers Flak CGS Cabling Gig
VBMS has been awarded a contract by nkt cables for the installation of approximately 50 km of 150 kV AC high voltage submarine cables for the Kriegers Flak Combined Grid Solution (Kriegers Flak CGS). The project, owned by Energinet.dk and 50Hertz, will connect the future Danish offshore wind farm Kr
Bibby Offshore Awards Equipment Contract to Seatronics
Seatronics, an Acteon company, has been selected by Bibby Offshore as its preferred supplier of subsea rental equipment. The agreement is structured on the provision of marine electronic equipment to Bibby Offshore including ROV, NDT and survey equipment from Seatronics’ rental pool. Bibby Offshore
QSTAR Sets Up Barcelona Facility
Las Palmas-based QSTAR has established a subsidiary in Barcelona Port Forum from where the company will promote marine services and training in the national market and to other places of influence in Europe and Mediterranean. These new facilities have an ROV pilot training center, being the second t
Shell Invests in Rocsole Pipe Deposition Monitoring Tech
Rocsole, a Finnish company which specialises in real-time tomography, has successfully completed an additional funding round which was led by Shell Technology Ventures (STV). The Finnish company, with offices in Kuopio, Finland and Houston, Texas, provides electrical and ultrasound tomographic indus
Italdraghe Delivers SGT400 Cutter Suction Dredger to Iraq
Italdraghe SpA has successfully completed delivery of a SGT 400 Cutter Suction Dredger to the Iraqi Ministry of Water Resources. The CSD comes as the first in a series of three dredgers that Italdraghe will supply to this client. According to the company, the dredger that is fully operational now in
Lloyds’ Register buys Seasafe Marine software company
Lloyd’s Register (LR), a global engineering, technical and business services organization, has acquired Seasafe Marine Software & Computation in order to improve the company’s ship emergency response service. Seasafe specializes in onboard loading and stability software to help operators manage the