Equipment
Aker Solutions revenue hurt by low demand for subsea services
Norwegian oil and gas engineering and construction company Aker Solutions saw its revenues fall amid declining subsea services demand. The company said the drop in demand was especially felt in the North Sea region. Revenue for the third quarter was NOK 7.5 billion, down from NOK 8.3 billion in 2014
DEME Concessions Gets New CEO
Wim Biesemans joins the Belgian dredging, environmental and marine engineering group DEME as CEO of DEME Concessions. “I have always been lucky enough to work for growing companies or on promising start-up projects. I love building strong teams that can grow together and that’s exactly what I expect
Aker Solutions Sees Revenue Slashed by NOK 800 Mln
Aker Solutions has delivered lower third-quarter profit as its revenue dropped some NOK 800 million from the prior-year quarter on subsea services activity decline in the North Sea market. Norwegian oil services company generated net income of NOK 205 million ($23.8 million), or NOK 0.75 per share,
Ekinops to Upgrade Linxtelecom’s Submarine Optical Ring
Linxtelecom has chosen Ekinops to provide equipment for a 4 Tbps (terabits per second) submarine optical ring linking the three major cities in the Baltic Sea. Ekinops announced that the Linxtelecom ring, over submarine cable, is now operational and connects Tallinn in Estonia, Helsinki in Finland,
Heerema Gears for Alba B3 Jacket Sail Away
Heerema Fabrication Group informed that preparations are being made for the sail away of the Alba B3 jacket to Equatorial Guinea for Marathon Oil’s Alba field third gas compression platform. Heerema is the main EPCI contractor for the 6,000-ton Alba B3 compression platform. The 1500-tons jacket has
Sonardyne Supplies Ranger 2 Acoustics for CCC’s Diving Vessels
CCC (Underwater Engineering) S.A.L has selected Sonardyne’s Ranger 2 acoustic positioning technology for its entire fleet of dynamically positioned (DP) diving and support vessels. Supplied by Sonardyne Asia Pte. in Singapore, the Ranger 2 systems will be used as independent position references for
PHOTO: Congo River on Display
In order to celebrate the “Company of the Year 2015” (Onderneming van het Jaar) award, last week, DEME brought its trailing suction hopper dredger Congo River in Antwerp, giving the public opportunity to tour the vessel. TSHD Congo River, one of the newest ships in DEME fleet, has the hopper capacit
Coretrax Delivers Decom Campaign with Hess
Coretrax, a wellbore clean up and abandonment specialist, has completed a three-year decommissioning contract with operator Hess Corporation for the first designated abandonment campaign of its kind. The project began in 2012, involving 30 well abandonments at the FFFA and IVRR fields in the UK Nort
Seatronics Joins Forces with LateraL
Seatronics, an Acteon company, has formed a new partnership with a Norwegian subsea tooling firm LateraL. According to the company, the new agreement would provide Seatronics’ global customer base with access to the FlexiCal product line. FlexiCal is an ROV mounted caliper that allows for direct mea
FASTER Subsea Cable Lands at CoreSite’s Los Angeles Centre
CoreSite Realty Corporation will host the FASTER submarine network’s Los Angeles landing, directly connecting the West Coast of the U.S. with Japan. Backed in part by Google, FASTER addresses the traffic demands for broadband and mobile content on the trans-Pacific route. FASTER is backed by a total
iSURVEY Positioning for Total’s Offshore Ops
iSURVEY, a provider of survey and positioning services to the oil and gas, offshore renewables and telecommunications markets, has secured a framework contract with Total E&P UK for the provision of rig move navigation and positioning services. Starting October 12, 2015, the three year framework con
Hydro Group’s Connection Systems for MeyGen Tidal Energy Project
Aberdeen-based Hydro Group has secured a contract with Atlantis Resources to supply connection systems for the MeyGen tidal energy project. More than £50 million has been raised to finance the initial stage (phase 1A) of the 398MW tidal array project in the Pentland Firth, Scotland, which involves f
MMP to Expand Galena Terminal
Magellan Midstream Partners (MMP) plans to expand its Galena Park terminal on the Houston Ship Channel in Texas. The scheme includes construction of a new marine dock capable of handling Panamax-sized ships or barges with up to a 40-foot draft and new pipeline infrastructure. Magellan is also expand
Dutch Experts in the Philippines
Royal HaskoningDHV is leading a multi-disciplinary team in developing a sustainable coastal protection strategy to reduce flood risks for the cities of Tacloban and adjacent Palo in the Philippines. The project team assembled by Royal HaskoningDHV includes experts from Deltares, Arcadis, Wetlands In