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SMD Jobs Hit By Sanctions Against Russia
Equipment

SMD Jobs Hit By Sanctions Against Russia

Wallsend-based manufacturer of subsea vehicle systems, Soil Machine Dynamics (SMD), will cut 70 to 80 jobs across its business, the company said Wednesday. The thirty-day consultation period and necessary paperwork will be submitted to the Department of Business and Skills once the Consultation Comm

about 11 years ago
SeaEnergy Signals for ‘Significant Loss’, Secures £1 Mln Lifeline
Equipment

SeaEnergy Signals for ‘Significant Loss’, Secures £1 Mln Lifeline

SeaEnergy, the offshore energy services business, informed Wednesday it expects a ‘significant loss’ for 2015, caused by sever impact of sustained low oil prices on its business. The company said it estimates a drop in revenue from continuing operations for the year ending December 31, 2015. The rev

about 11 years ago
First Subsea Connector for Fukushima Floating Wind Farm Phase 3
Equipment

First Subsea Connector for Fukushima Floating Wind Farm Phase 3

First Subsea has been awarded a contract to supply a cable connector for the third phase of the Fukushima Floating Offshore Wind Farm Demonstration, in Japan. In this latest phase of the project, the connector will be used to connect 22kV cable to a 7MW wind turbine. So far First Subsea has provided

about 11 years ago
Wild Well Control Boost Asia Pacific Team
Equipment

Wild Well Control Boost Asia Pacific Team

Wild Well Control, a Superior Energy Services company, has strengthened its presence in the Asia-Pacific Region this month with the addition of permanent personnel to offer well control engineering capabilities. Steve Nas, regional manager of Well Control Engineering – Asia-Pacific Region, brings ne

about 11 years ago
Miko Unveils Its New Underwater Drill System
Equipment

Miko Unveils Its New Underwater Drill System

Norway’s Miko Marine has developed a new electric underwater drill and fastening system that can penetrate and join two metal plates up to 22mm thick in one action. According to the company, the battery-powered Miko Fix drill can be operated by divers at any depth down to 50 metres. It is mounted in

about 11 years ago

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Woodside buys licence for Completion Services software
Equipment

Woodside buys licence for Completion Services software

The Australian oil company Woodside Petroleum has chosen to buy license to use the Completion String Design (CSD) software for its well completion operations. The CSD software is licensed by Completion Services, a well completion and software solutions business based in Stavanger, Norway. Woodside h

about 11 years ago
EchoSweep 300 Introduced
Equipment

EchoSweep 300 Introduced

LinkQuest Inc., a San Diego based manufacturer of precision acoustic instruments, has added new multibeam echosounder product into its product family of acoustic instruments. The EchoSweep 300 Multibeam Echosounder is a high-resolution swath bathymetric system for mapping of sea floor, inland waterw

about 11 years ago
LinkQuest Expands into Multibeam Echosounder Market
Equipment

LinkQuest Expands into Multibeam Echosounder Market

LinkQuest, a manufacturer of precision acoustic instruments, has added a multibeam echosounder product into its product family of acoustic instruments. The EchoSweep 300 Multibeam Echosounder is a swath bathymetric system for mapping of sea floor, inland waterways and reservoirs. It can be used for

about 11 years ago
WATCH: Aasta Hansteen Spar Takes Shape at HHI
Equipment

WATCH: Aasta Hansteen Spar Takes Shape at HHI

Statoil-operated Aasta Hansteen field development, with a water depth of 1300 metres, is located in the Norwegian Sea, 300 km west of Bodø, Norway. This pioneering development project awarded Technip, in a consortium with HHI, a contract to build the first Spar in Norwegian waters, and the largest e

about 11 years ago
MacGregor reaches settlement with client. Expects impact on 4Q
Equipment

MacGregor reaches settlement with client. Expects impact on 4Q

MacGregor, a Finland-based provider of offshore vessel equipment, has reached a settlement agreement which will cost it eleven million euros. According to Cargotec, MacGregor’s parent company, the settlement has been reached with a customer related to a development project from 2011. The company did

about 11 years ago

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Schottel Hydro Turbine Solution for Minesto’s Deep Green
Equipment

Schottel Hydro Turbine Solution for Minesto’s Deep Green

Schottel Hydro will deliver a customized turbine solution for Deep Green, an underwater kite construction from the Swedish company Minesto in 2016. The turbine complements the first full-scale Deep Green device. The underwater power plant will be deployed in 2017 at the Holyhead Deep site off the co

about 11 years ago
GLDD Wins Cape Cod Contract
Equipment

GLDD Wins Cape Cod Contract

Maintenance dredging of the Cape Cod Canal Federal Navigation Project in Bourne and Sandwich, Mass., will be completed under the terms of a $5.9 million contract recently awarded by the U.S. Army Corps of Engineers, New England District. Work will be accomplished by Great Lakes Dredge and Dock Compa

about 11 years ago
Waterking to Exhibit at Excon
Equipment

Waterking to Exhibit at Excon

Waterking BV, a Dutch company involved in the production of amphibious excavators, will participate in the Excon 2015 event, in Bangalore, India, from 25th-29th November 2015. CEO of Waterking, Mr. Jakob Knoop, and Marketing Manager for South Asia, Mr. Rajan Peter, will represent the company at the

about 11 years ago
RigNet picks O3b Networks comms solutions for Gulf of Mexico
Equipment

RigNet picks O3b Networks comms solutions for Gulf of Mexico

RigNet, a global provider of remote managed offshore communications systems to the oil and gas industry, announced on Monday, that it has signed an agreement with O3b Networks to bring high capacity, low latency connectivity to operations in the Gulf of Mexico. This agreement has the goal of providi

about 11 years ago