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JDR, Magma sign offshore tech pact at OTC Houston
Equipment

JDR, Magma sign offshore tech pact at OTC Houston

Offshore power cable manufacturer JDR has signed a memorandum of understanding (MOU) with Magma Global (Magma), the manufacturer of high performance carbon fibre and Victrex PEEK thermoplastic composite pipe, m-pipe®. The signing – which took place on Tuesday at the Offshore Technology Conference in

about 9 years ago
Baker Hughes Shows Off New Deepwater Fracturing Service
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Baker Hughes Shows Off New Deepwater Fracturing Service

Baker Hughes has introduced the ‘DEEPFRAC’ deepwater multistage fracturing service, which can reportedly save operators hundreds of millions of dollars in offshore developments through unprecedented efficiency gains across the completion phase. According to the company, using ball-activated multipos

about 9 years ago
Navy Installs Submarine Rescue Diving System on HOS Dominator
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Navy Installs Submarine Rescue Diving System on HOS Dominator

The U.S. Navy installed a submarine rescue diving and recompression system (SRDRS) aboard the Military Sealift Command-chartered merchant vessel HOS Dominator at Naval Air Station North Island (NASNI) in Coronado. Members of Undersea Rescue Command (URC), based at NASNI, and contractors from Phoenix

about 9 years ago
4Subsea scores integrity management work with Shell in Norway
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4Subsea scores integrity management work with Shell in Norway

Subsea technology and services provider 4Subsea has been awarded a new contract for integrity management with Shell on the Draugen, Knarr, and Ormen Lange fields in Norway. 4Subsea said on Monday that the new contract was a continuation of a long-standing cooperation between Shell Norway and 4Subsea

about 9 years ago
Ocean Infinity Expands AUV Fleet
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Ocean Infinity Expands AUV Fleet

Ocean Infinity said it has purchased two more autonomous underwater vehicles (AUV) from Kongsberg Maritime. This will increase Ocean Infinity’s fleet of HUGIN 6000 AUVs from six to eight vehicles, which will be used worldwide to collect seabed data. The fleet of AUV’s will be operated simultaneously

about 9 years ago

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Aker BP, Lundin and NOV Join Fuglesangs Seabed Boosting Development
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Aker BP, Lundin and NOV Join Fuglesangs Seabed Boosting Development

A subsea technology spin-off from Norwegian firm Fuglesangs has signed an agreement with Aker BP, Lundin and NOV to develop and test a full scale prototype of what is marketed as ‘the worlds most autonomous boosting system’. The system will be qualified as part of The Research Council of Norway’s (“

about 9 years ago
4Subsea Wins Shell Integrity Monitoring Contract
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4Subsea Wins Shell Integrity Monitoring Contract

4Subsea has been awarded a new contract for integrity management with Shell, using the digitalised web solution FlexTrack for integrity monitoring on Draugen, Knarr and Ormen Lange fields. The contract is a continuation and further development of cooperation between Shell Norway and 4Subsea, enablin

about 9 years ago
Damen Cutter Suction Dredger 350 Delivered to Heuvelman Ibis
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Damen Cutter Suction Dredger 350 Delivered to Heuvelman Ibis

A Damen cutter suction dredger (CSD) 350 has been delivered from Damen Dredging Equipment in Nijkerk, the Netherlands, to start work on a canal dredging assignment in the province of Groningen, in the north of the country. In order to execute the project, which involves the extraction of approximate

about 9 years ago
OGA Invests in UKCS Subsurface Data
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OGA Invests in UKCS Subsurface Data

The Oil and Gas Authority UK (OGA) has awarded £1.5 million of contracts to purchase subsurface databases and information sources to encourage further exploration in under explored areas of the UK Continental Shelf (UKCS). The datasets purchased will underpin much of the OGA’s work across the explor

about 9 years ago
BP unveils additional resources at Atlantis field with new seismic imaging technique
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BP unveils additional resources at Atlantis field with new seismic imaging technique

British oil giant BP has developed a new seismic imaging technique that has identified more than 200 million barrels of additional resources at its Atlantis field in the deepwater Gulf of Mexico. As a result of this early success, BP now is deploying this technique to fields elsewhere in the Gulf of

about 9 years ago

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Spectrum Trims Loss on Higher Revenue
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Spectrum Trims Loss on Higher Revenue

Norwegian multi-client seismic data specialist, Spectrum, has reported a loss of $3.7 million in the first quarter of 2017 compared to a loss of $7.9 million in the first quarter of 2016. The Oslo-listed company recorded net operating revenues of $25.3 million in the Q1 compared to $18.2 million in

about 9 years ago
Vryhof Introduces New Anchor
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Vryhof Introduces New Anchor

Dutch Vryhof Anchors has launched a new anchor, the STEVSHARK REX. Leopoldo Bello, managing director of Vryhof Anchors said: “The STEVSHARK REX is intended for anchoring under challenging and hard ground conditions, anywhere in the world.” The main goal of developing the STEVSHARK REX was to expand

about 9 years ago
Dril-Quip Earnings Fall
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Dril-Quip Earnings Fall

Dril-Quip has reported net income of $94 thousand, or $0.00 per diluted share, for the three months ended March 31, 2017, versus net income of $36.8 million, or $0.97 per diluted share, for the first quarter of 2016. The first quarter 2017 results were negatively impacted by after-tax severance paym

about 9 years ago
MacArtney Nets SubConn Connectors Order from Nautilus
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MacArtney Nets SubConn Connectors Order from Nautilus

MacArtney Germany (MBT) has secured an order to supply SubConn connectors and straps to Nautilus Marine Service GmbH, Germany. The SubConn connectors will be used for deep sea floatation and instrument housings for deep ocean research, the company said. The scope of supply comprises 2,000 LPBH5M and

about 9 years ago