Equipment
TSHD Severnaya Dvina Busy in Arkhangelsk Port
Federal State Unitary Enterprise (FSUE) Rosmorport has just announced that the Arkhangelsk Port dredging program is officially underway. During this dredging scheme, undertaken with the Damen built Ice class trailing suction hopper dredger Severnaya Dvina, around 1.7 million cubic meters of material
Hydratight, CSS Provide Pipeline Repair Solution Off Australia
Engineering teams from UK-based subsea connector specialists Hydratight and Norwegian technologists Connector Subsea Solutions (CSS) have completed a deepwater pipeline repair in Western Australia. The team designed, manufactured and installed a diverless structural deepwater pipeline repair clamp f
CWind Delivers Isles of Scilly Cable Repair Project
CWind, a part of the Global Marine Group, has completed a power cable repair, reconnecting the Isles of Scilly to the mainland electricity. The C.S. Sovereign, the company’s specialist cable installation vessel, was used for the repair of the cable damaged late February by an anchor. Using remotely
DeepOcean Wins Middle East Post-Lay Trenching Gig
DeepOcean has been awarded a contract for the provision of post-lay trenching and backfilling works on 56 kilometers of power cable offshore United Arab Emirates (UAE). The contract follows two completed projects offshore UAE in 2016 and early 2017. The post-lay trenching and backfilling works are p
N. America boosts Halliburton’s 1Q result. Loss narrows
Oilfield services titan Halliburton reported a rise in its first quarter 2017 revenue, when compared to the first quarter of 2016. Net loss also narrowed significantly. The company’s net loss was $32 million for the quarter, on a $4,28 billion in revenue. This time last year, Halliburton’s net loss
JFD Secures Contract with UK MOD Salvage and Marine Ops
JFD, a James Fisher and Sons company, has been awarded a four-year framework contract, worth up to £10 million, by the UK MOD Salvage & Marine Operations Team for the provision of subsea equipment and support. The Salvage and Marine Operations (S&MO) Team owns and operates subsea equipment to fulfil
Sovcomflot Takes Delivery of Polarcus Amani
Oslo-listed Polarcus said it has delivered the vessel ‘Polarcus Amani’ to SCF GEO (Sovcomflot) following the charter agreement announced in February this year. The fixed period of the charter will be 5 1/2 years with options to extend for up to four additional months. The vessel was delivered withou
Keith Grammar School Wins Scottish MATE ROV Contest
Keith Grammar School has come out on top in an annual competition which sees pupils from across Scotland put underwater robots they have designed and built to the test. The Scottish leg of the MATE ROV competition, co-ordinated and hosted by Robert Gordon University (RGU), saw eight schools put thei
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (April 17 – April 23). TechnipFMC and DOF Subsea joint venture has taken delivery of a newbuild pipelay support vessel (PLSV) the Skandi Búzios. The PLSV started its 8-year charter contract with Petrob
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (April 17-23, 2017). New Contracts for DEME in Germany, France, UK and Spain DEME’s German subsidiary Nordsee Nassbagger- und Tiefbau GmbH, based in Bremen, has acquired the maintenance dredging contract on the Ri
Schlumberger Sees Q1 EPS Halved, But Revenue Growth of 6 Pct
Oilfield services major Schlumberger has posted first-quarter 2017 profit of $279 million, or 20 cents per diluted share, versus profit of $501 million, or 40 cents per diluted share same time last year. Sequentially, net income, excluding charges and credits was at $347 million against $379 million
PHOTO: Aasta Hansteen Spar on Its Way to Norway
Norwegian oil & gas giant Statoil has reached another milestone as the world’s largest spar destined for Aasta Hansteen field sets sail for Norway. At 14:30 local time in South Korea the Aasta Hansteen spar left Hyundai Heavy Industries after it was recently floated out and loaded onto the world’s l
C6 Technologies Launches Its Well Intervention System
C6 Technologies, an oilfield technology company offering solutions for well intervention and conveyance utilising composite materials, has informed that its new ComTrac system is performing field trials after completing test well runs. The company, a joint venture by Archer and IKM, currently has on
PGS in Q1 Profit Warning
Norwegian seismic player, Petroleum Geo-Services (PGS) said it expects revenues for Q1 2017 of approximately $155 million ($203 million in Q1 2016), with an EBITDA of approximately $30 million ($79 million in Q1 2016). According to PGS, the low EBITDA is primarily driven by the relatively low multi-