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MG3 Expands Fleet
Equipment

MG3 Expands Fleet

MG3, a geoscience survey specialist, has acquired the DP2 vessel MV Ocean Spirit complete with geotechnical site investigation equipment spread. MG3 took delivery of the multirole DP2 vessel Ocean Spirit (formerly MV Highland Spirit) which will be the latest addition to the DP fleet offered by MG3 t

about 10 years ago
Heerema Marine Contractors Names New CCO
Equipment

Heerema Marine Contractors Names New CCO

Heerema Marine Contractors (HMC) has appointed Harke Jan Meek in the position of chief commercial officer (CCO) as per June 1, 2016. In this capacity Harke Jan Meek will be member of the HMC board and be responsible for the commercial and technology departments. Meek was appointed senior vice presid

about 10 years ago
Allspeeds Supplies Webtool for Shah Deniz 2
Equipment

Allspeeds Supplies Webtool for Shah Deniz 2

Allspeeds has been awarded a contract to supply Webtool emergency disconnection tools for well intervention and workover in the Shah Deniz 2 field in the Caspian Sea. Webtool enables rapid cutting of umbilical multiple fluid transfer jumpers, electrical lines and tension wire, in the event of an eme

about 10 years ago
AWS Signs Up for Hawaiki Subsea Link
Equipment

AWS Signs Up for Hawaiki Subsea Link

Amazon Web Services (AWS) has purchased capacity in the Hawaiki Submarine Cable for their cloud customers operating between Australia, New Zealand and the US. The Hawaiki Submarine Cable, due to go live in June 2018, will reportedly be the fastest and largest link between the U.S. and Australia and

about 10 years ago
Amec Foster Wheeler Wins Kenyan Oil Terminal Deal
Equipment

Amec Foster Wheeler Wins Kenyan Oil Terminal Deal

Amec Foster Wheeler has been awarded a project management consultancy contract by consultancy company NIRAS to support the next stages in the development of a Kenya Ports Authority project for the offshore relocation and expansion of the Kipevu Oil Terminal (KOT) in Mombasa, Kenya. KOT will be reloc

about 10 years ago

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DARPA Choses BAE Systems for Undersea Navigation Development
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DARPA Choses BAE Systems for Undersea Navigation Development

The U.S. Defense Advanced Research Projects Agency (DARPA) has selected BAE Systems to develop an undersea navigation system aimed at enhancing the U.S. Navy’s ability to provide precise, global positioning throughout the ocean basins. The contract will support a program called the Positioning Syste

about 10 years ago
Tracerco Expands Houston Base
Equipment

Tracerco Expands Houston Base

Tracerco has completed a $5-million upgrade of its facilities in Houston. The new facilities include an environmentally controlled subsea simulation tank used to prepare subsea diagnostic technologies prior to mobilisation offshore. In addition, the company has expanded and upgraded their reservoir

about 10 years ago
Romica Boosts Management with Triple Appointment
Equipment

Romica Boosts Management with Triple Appointment

UK subsea winch manufacturer Romica has appointed three new senior managers to strengthen its services in the marine and offshore industry. Romica’s team has now been bolstered by the arrival of technical director, Sarah Turner, North East and Scotland business development manager Iain Fullerton and

about 10 years ago
Forum Energy Technologies’ Subsea PLRs for North Africa Project
Equipment

Forum Energy Technologies’ Subsea PLRs for North Africa Project

Forum Energy Technologies has delivered a number of its subsea pig launchers and receivers (PLRs) and laydown heads for a project in North Africa. The nine PLRs have been deployed as part of a development of nine subsea wells, which vary from 4 to 24 inches in size, with water depths ranging from 30

about 10 years ago
Airborne to Provide FMECA for Libra TCP Riser
Equipment

Airborne to Provide FMECA for Libra TCP Riser

Airborne Oil & Gas has been invited by the Libra consortium to perform a failure mode, effect and critical assessment (FMECA) for a TCP riser that could be used at the Libra field offshore Brazil. The request followed the preliminary feasibility study performed by Airborne and Wood Group Kenny, that

about 10 years ago

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Sonardyne to Boost Subsea Security for Middle East Client
Equipment

Sonardyne to Boost Subsea Security for Middle East Client

UK-based maritime security company, Sonardyne , has been awarded a contract to service the Sentinel Intruder Detection Sonar (IDS) system that helps safeguard an undisclosed waterside facility in the Middle East from unauthorised access from the sea. Six years after it was commissioned, the underwat

about 10 years ago
Highlights of the Week
Equipment

Highlights of the Week

Subsea World News has put together a recap of the most interesting articles from the previous week (May 09 – May 15). Norwegian shipowner Siem Offshore has terminated the charter party for the offshore subsea construction vessel (OSCV) Siem Spearfish, due to non-performance of the charterer’s obliga

about 10 years ago
Deep Down Posts Q1 Loss
Equipment

Deep Down Posts Q1 Loss

Subsea oilfield services company, Deep Down, reported quarterly net loss of $0.5 million, or $0.03 loss per diluted share, compared to a net loss of $1.3 million, or $0.09 loss per diluted share for the first quarter of 2015. Revenues for the quarter ended March 31, 2016 were $4.4 million compared t

about 10 years ago
Deep Down narrows loss
Equipment

Deep Down narrows loss

Deep Down, a US-based oilfield services company, narrowed loss in the first quarter. Namely, the company reported a net loss of $0.5 million, compared to a net loss of $1.3 million in the first quarter of 2015. Revenues fell to $4.4 million, from 5.8 million a year ago, due to, Deep Down explained,

about 10 years ago