Equipment
Vard Aquires Aquaculture Equipment Suplier
Vard, a designer and shipbuilder of specialized vessels, has entered into an agreement to acquire Storvik Aqua, equipment provider to the aquaculture industry. The purchase price is approximately NOK 35 million or some $4.3 million. Headquartered in Sunndalsøra, Norway, Storvik Aqua has a production
TE SubCom Launches Ocean Spectrum Bandwidth Manager Software
TE SubCom has released Ocean Spectrum bandwidth manager software, which should in conjunction with TE SubCom’s Ocean Gateway products, enable cable operators to select their preferred submarine line terminating equipment (SLTE) line card supplier and create an interoperable and complementary dry and
Matecs: Producing High Pressure Dredge Valves for DEME
Matecs BV, a Roosendaal based developer and producer of metal industrial parts for heavy duty usage, is currently producing high pressure (up to 40 bars) dredge valves for DEME’s newbuilding trailing suction hopper dredger Bonny River. These valves have been equipped with wear-resistant liners and a
Motive to Build Carousel Loading Tower for Swan Hunter
Swan Hunter has awarded Motive Offshore Group a Letter of Intent (LoI) for the design and build of a basket carousel loading tower. Swan Hunter expects its modular basket carousel and tower lay spread to be available for cable, umbilical and flexible pipeline installations for the 2017 summer season
Lloyd’s Register Wins Maersk Oil Asset Integrity Job
Maersk Oil has awarded a long-term contract to Lloyd’s Register for asset integrity services to support the development of Maersk Oil’s offshore operations. Lloyd’s Register will provide support in areas of operational risk – change management, contractor management, inspection plans and reporting,
AGR Well Management Division in Norway Gets New Boss
AGR has appointed Tore Øian to lead the company’s well management business in Norway. Øian has over 20 years experience in the oil and gas industry and has managed drilling projects for operators including Statoil and Det norske. Svein Sollund, AGR’s chief executive, said: “We have been providing we
EMGS Strikes New Barents Data Deal
Norwegian geophysical services company, EMGS, has entered into a data licensing agreement with an undisclosed client for the provision of 3D CSEM data from the multi-client data library in the Barents Sea. The Oslo-listed company said that this new deal has generated net revenue of USD 1 million, wh
EMGS in New Job Cuts
Electromagnetic Geoservices (EMGS) has announced a reduction in the company’s cost base in line with a reduced level of activity. The company said it will seek a global reduction in employee expenses of approximately 20% by using both temporary and permanent layoffs among others. The cost reduction
Nokia’s ASN Sets New Record for Subsea Cable Capacity
Alcatel-Lucent Submarine Networks (ASN) and Nokia Bell Labs said they have achieved a record transmission capacity over a 6,600 km single mode fiber. Namely, the breakthrough lab trial demonstrated a total 65 terabit-per-second (Tb/s) transmission using submarine grade dual band erbium doped fiber a
Aker Solutions and MAN Look to Advance Subsea Compression
Aker Solutions and MAN Diesel & Turbo are said to expect to cut the size and weight of subsea compression systems by at least 50 percent just a year after the first such system successfully went on stream at Statoil’s Åsgard field. The Åsgard system, which has been running with practically no stops
University of Bath: Investigating Impact of Waves
An international research project led by the University of Bath is investigating the impact of waves on coastlines using novel laser measurement devices. The equipment is similar to laser measurement devices used in construction, except it is able to measure 37,500 points a second. This capability m
Technip Lands Dvalin Contract
DEA has awarded the EPCI (engineering, procurement, construction and installation) contract for the smaller structures and pipelines, as well as the subsea installation work of the Dvalin development to Technip Norge. The contract includes the fabrication of smaller structures, the 12/16-inch pipe-i
MMT’s Surveyor Interceptor Hits New Record During Black Sea MAP
During MMT’s participation in the Black Sea Maritime Archaeology Project (Black Sea MAP), the Surveyor Interceptor ROV (SROV) has set new records for depth and speed. The SROV, used for geophysical surveys to detect former land surfaces buried below the current seabed, set new records for both depth
Semco to supply communication systems for Maersk’s Culzean field
Semco Maritime, an international engineering company, has won a multi-million dollar contract to deliver communications systems and infrastructure for the production platforms at the Maersk Oil-operated Culzean field in the UK sector of the North Sea. Semco Maritime said on Monday that this contract