Equipment
EMGS Slumps to Loss
Norway’s Electromagnetic Geoservices (EMGS) has plunged into the red in the fourth quarter of 2015 on weak market and restructuring charges related to the company’s cost reduction program. The Oslo-listed company posted net loss of USD 24.1 million, compared to net income of USD 13.1 million in the
Huisman CEO Resigns
Huisman’s chief executive officer André Meijer will step down from his position, with immediate effect, the company informed Wednesday. The company said it will implement an internal solution and adjust the management structure accordingly, if required. André Meijer took the job in August 2015 after
JFD Hyperbaric Lifeboats for Flash Tekk Engineering
Singapore’s Flash Tekk Engineering has awarded the design and manufacture of Self-Propelled Hyperbaric Lifeboats (SPHL) contract to JFD – Divex. The SPHLs are to be installed as part of the 18-man saturation diving system on the Van Gogh diving support vessels (DSV). These are currently under constr
Petrofac in North Sea well management deal
SPD Limited, part of the Petrofac Group, has secured a contract from Zennor Petroleum to provide well design and well construction management services, to support the Finlaggan appraisal well which is located in the Central Sector of the North Sea. The contract – awarded as a result of competitive t
Songa Rigs in BOP Struggle
Songa Offshore’s semi-submersible newbuild rigs Songa Equinox and Songa Endurance have been faced with BOP-related downtime during the past month, the offshore drilling contractor said Tuesday in its fleet update. Namely, from January 22, the Songa Equinox ops were suspended due to unplanned BOP-rel
MOOC Building with Nature Starts on February 29
The Massive Open Online Courses (MOOC) on ‘Building with Nature’ will start on February 29, 2016. During the course, a number of case studies will be discussed to deepen the knowledge of ecological and engineering principles. Leading Dutch engineers and environmental scientists will explain the Buil
Tower: New Dredging Control System for UK Dredging
Tower Software Ltd., a company involved in providing custom built software and hardware to the Hydrographic Surveying Industry, has installed a new crane dredging control system on the UK Dredging vessel Cherry Sand. “Our in proprietary crane control system outputs data from the crane to the process
EPG Delivers Loading Structures for Gina Krog
Energomontaż-Północ Gdynia (EPG), a member of MARS Shipyards & Offshore, has completed construction of oil and gas loading elements for Norwegian Gina Krog field. Submerged turret loading (STL) and riser base, made by EPG, weigh 500 tones. Riser base will be installed on the seabed and will be used
Offshore helicopter firm invests in drones
Offshore helicopter firm Bristow Group has invested $4.2 million in Sky-Futures, a provider of drone inspection data services for the oil and gas industry. This investment gives Bristow immediate entry to the fast-growing UAV services business and bolsters Bristow’s offerings to include drone inspec
JFD Boosts Team
JFD has appointed Valerio Percoco as sales director. The appointment follows the company’s contract win with NATO, as well as the merger of James Fisher Defence, Divex and the National Hyperbaric Centre. Valerio Percoco joins JFD from Offshore Installation Services (OIS), the subsea integrated proje
Ardyne Enters P&A Market, Acquires Wellbore
New oilfield services company Ardyne has been launched with £50 million backing from O&G-focused private equity company, Lime Rock Partners. Aberdeen-based, Ardyne will specialize in the provision of downhole products and services for plug and abandonment (P&A) and slot recovery operations in the oi
Frontica Scoops Aker Solutions Deal
Frontica has signed a five-year contract with Aker Solutions to deliver staffing services, IT services and consultancy projects as well as business support services within HR, finance and procurement. Under the terms of the contract, Frontica will also contribute to productivity improvements and cos
Fair Head Tidal Project Works to Begin in 2018
Fair Head Tidal is planning to submit a marine licence application this summer for the proposed 100MW tidal energy scheme located off the north Antrim coast of Northern Ireland, near Ballycastle. The team behind the Fair Head Tidal Energy Park, a joint venture between Cork-based DP Energy and Bluepo
TSHD JUN YANG 1 One Step Closer to Delivery
Royal IHC is putting finishing touches on the trailing suction hopper dredger (TSHD) JUN YANG 1. With the deck-house now installed, the JUN YANG 1 is one step closer to delivery, set for the end of July 2016. The vessel, being built for CCCC Guangzhou Dredging Co., Ltd (GDC), is already equipped wit