Equipment
Schlumberger Ups Revenue and Reduces Quarterly Loss
Oilfield services major Schlumberger has posted second-quarter 2017 loss of $74 million, or 5 cents per diluted share, versus loss of $2.16 billion, or $1.56 per diluted share same time last year. Sequentially, the profit was at $488 million against $347 million, excluding charges and credits, howev
ION Below NYSE Listing Standards
ION Geophysical has received a written notice from the New York Stock Exchange that it is not in compliance with the continued listing standards. The company is considered below criteria established by the NYSE for continued listing because its average market capitalization has been less than $50 mi
IADC Delft Seminar Proves Success
The International Association of Dredging Companies’ (IADC) seminar on dredging and land reclamation took place last month in Delft, the Netherlands. A group of 23 participants originating from 17 different countries attended the 55th seminar, hosted by IADC since 1993. Each year in June, the semina
VIDEO: Ocean Infinity SeaWorker ASVs on Sea Trials
The final sea trials of the SeaWorker autonomous vessels have taken place in the Solent before mobilisation to Ocean Infinity’s mothership, the Seabed Constructor. Ocean Infinity will use the ASVs for positioning and monitoring of the HUGIN 6000 autonomous underwater vehicles (AUVs) as part of wide
Boskalis to Use Gap EOD’s Tech for Borssele Zone UXO Hunt
Gap Explosive Ordnance Detection (EOD) has invented the technology for Dutch dredging giant Boskalis to find the unexploded munitions from WWII in the Borssele Wind Farm Zone in the North Sea. The project is part of a multi-million dollar deal between Fugro and Boskalis for the Dutch transmissions s
Modulus Launches Submersible GPS Receiver
Modulus Technology, based in Great Yarmouth, UK and part of the AAE Technologies Group, has recently introduced its new, submersible GPS receiver with integrated L1 + L2 antenna to the marine survey market. The so-called MiniPod 101G provides streamer head and tail positioning, source positioning fo
VIDEO: New Damen TSHD on Its Way to Australia
A Damen trailing suction hopper dredger (TSHD) 650 has successfully completed sea trials in Shanghai and is now on its way to the new owner – Gippsland Ports in Australia. The TSHD, named Tommy Norton, is the first Damen dredger built for Australia. Having left Shanghai on 14th July, a Damen team is
MacGregor Bags Order for Moheshkhali FSRU
MacGregor, part of Cargotec, has signed an order for on-vessel equipment, product fabrication, engineering and project management for a complete mooring and riser system that will serve Moheshkhali floating liquefied natural gas (LNG) terminal. The delivery will be completed in the second quarter 20
Sparrows and SPIE in joint cranes deal on Total’s Moho Nord
Sparrows Group and SPIE Oil & Gas Services have secured their first joint delivery project, which is in West Africa, after Total awarded the partners a crane maintenance contract on the Moho Nord offshore development. Total started production from the Moho Nord deep offshore project, located 75 kilo
AgileTek Sees AELCloud in Action for Fugro
Subsea engineering analysis consultancy, AgileTek, has completed the first use of its AELCloud system on a project for Fugro. The work required simulations of subsea power cable installation operations to be performed to verify procedures, component sizes and weather windows. Some of the results wer
Huawei Marine Connects Ambergris Caye with Belize Mainland
Belize Telemedia Ltd (BTL) and Huawei Marine have delivered Strategic Evolution Underwater Link (SEUL) project, bringing fiber-optic submarine cable connectivity to San Pedro, Ambergris Caye. Stretching over 23 kilometers from the Belize mainland to the Caye, this fiber optic connectivity will be in
Royal IHC, Reimerswaal: Keel Laying Ceremony of TSHD DC Orisant
The keel laying ceremony for new multi-purpose 5.450m³ trailing suction hopper dredger (TSHD) ‘DC Orisant’ took place yesterday, Reimerswaal Dredging said in its latest announcement. Launching of this TSHD is planned for the end of the year, according to the Dutch based dredging contractor. The new
Weeks Marine to Expand Its Dredge Fleet with New CSD
Weeks Marine Inc. (WMI), a marine construction and dredging contractor based in Cranford, NJ, yesterday announced the construction of a new $60 million ocean-going, 30-inch hydraulic cutter suction dredger, the J.S. Chatry. The dredger is named for Senior Vice President and Manager of Weeks Marine’s
CGG Gets Santos Basin OBN Processing Contract
CGG has been awarded a contract by Petrobras to process the seismic data from a 3D Ocean Bottom Node (OBN) survey covering a full-fold area of 2180 km² in Brazil’s deepwater Santos Basin. This will be the largest node survey ever acquired and processed in the industry. The survey will be acquired by