Equipment
OTC 2016: Spotlight on New Technology Award for Barge Master
Barge Master has been awarded the Spotlight on New Technology Award at the Offshore Technology Conference being held this week in Houston, Texas. Barge Master, a Dutch motion compensation systems developer, announced on Tuesday that their Barge Master T40 motion compensated knuckle boom crane receiv
PPG Launches New PHENGUARD Subsea Coating System
The PPG protective and marine coatings business is presenting its new PHENGUARD subsea coating system. According to the company, the new product combination of PHENGUARD Subsea 610 coating and PHENGUARD Subsea 780 coating is a two-coat subsea system with high-temperature resistance up to 180 C for s
OTC 2016: Damen, GustoMSC ink deal to develop range of jack-up platforms
Two Dutch firms Damen Shipyards Group and GustoMSC have teamed up and plan to produce a range of self-propelled and non-self-propelled jack-up platforms for the offshore industries – the DG JACK range. The collaboration deal was signed on Monday in Houston during the Offshore Technology Conference (
Akastor Plunges Deeper into Red
Oilfield services investment company, Akastor, has booked a first-quarter 2016 loss on sharp decline in revenues caused by the weak market. The Oslo-listed company recorded loss of NOK 366 million ($45.4 million) for the first quarter 2016 compared to loss off NOK 251 million ($31.1 million) in the
Halliburton and Baker Hughes Call Off Merger Deal
Halliburton and Baker Hughes have terminated the merger agreement they entered into in November 2014, effective April 30, 2016. In connection with the termination of the merger agreement, Halliburton will pay Baker Hughes the termination fee of $3.5 billion by Wednesday, May 4, 2016. To remind, the
Scottish drone inspection firm opens Houston office
Scottish firm Cyberhawk Innovations, an aerial inspection and survey specialists using Unmanned Aerial Vehicles (UAV), is launching a Houston office in the USA, coinciding with the Offshore Technology Conference in Houston. The company explains that the new office comes as a result of increasing dem
Schlumberger introduces new wireline conveyance system
Oilfield services giant Schlumberger announced the launch of a new wireline conveyance system that, according to the company, can pull from 18,000 lbf to 30,000 lbf in wells 40,000 ft (12,192 m) deep or more. The new system is named MaxPull and was announced on Monday, May 2, 2016. Schlumberger said
GustoMSC to launch SmartCrane at OTC 2016
GustoMSC, a Dutch company providing engineering and design services for the international offshore energy companies, is set to reveal its SmartCrane solution at the Offshore Technology Conference held in Houston, May 2-5, 2016. The company says that the SmartCrane can be retrofitted to existing cant
Highlights of the Week
Dredging Today brings you an overview of the most popular stories from the past week (April 25-May 1, 2016). Spotlight on LNG-Powered Dredger Royal IHC recently released an article written by Robert van de Ketterij, Managing Director of IHC MTI, about the advantages and challenges of running a tra
VIDEO: Fabrication of Culzean WHP Jacket
The video shows the construction of the wellhead platform jacket for Maersk Oil’s Culzean field, located offshore UK. The jacket, 114 meters tall, left the Heerema’s Vlissingen yard mid April onboard a barge which transported it to its location in the Central North Sea approximately 200 km east of A
Kenmare Resources Releases Q1 2016 Trading Update
Kenmare Resources plc, an Irish incorporated mining company, has just released a trading update for the first quarter ending 31 March 2016. The principal activity of the Group is the operation of the Moma Titanium Minerals Mine which is located on the north east coast of Mozambique and has been in c
Smith Point County Park Renourishment Wrapped Up
U.S. Senators Charles E. Schumer and Kirsten Gillibrand yesterday announced that the beach renourishment project at Smith Point County Park is complete. The project is part of the larger New York Fire Island to Montauk Point Reformulation Study known as FIMP. “After more than 50 years of planning an
PHOTO: Montrose BLP heads to its final offshore destination
New Montrose Bridge Linked Platform (BLP) topside, built by Heerema Fabrication Group’s Zwijndrecht yard for Talisman Sinopec, is heading to its final offshore destination in the UK sector of the North Sea. According to information published on Thursday on Heerema’s social media, the Montrose BLP to
CCB in charge of subsea equipment maintenance for Statoil
Coast Center Base (CCB) has signed a nationwide contract with Statoil for the maintenance of subsea equipment and tools. The contract, which comes into effect immediately, includes demobilization, storage maintenance and overhauling of subsea equipment that forms part of Statoil’s underwater tools p