Equipment
Perth Project Exports Electricity into WA Grid
Wave energy developer Carnegie Wave Energy announced that the Perth Wave Energy Project was formally opened today by the Federal Minister for Industry and Science, the Hon Ian Macfarlane, and is now exporting electricity into the WA power grid. The Perth Project was officially “switched-on” by Feder
UK: Funds Granted for Marine Robots Development
A competition to improve ocean research methods has awarded £250,000 to innovators looking to develop robot technology. Five proposals have each been awarded £50,000 to develop an integrated system for the National Oceanography Centre that will coordinate a suite of autonomous systems, such as a fle
MacKellar Sub-Sea Calls in Administrators
Subsea engineering and fabrication business, MacKellar Sub-sea Ltd, has reportedly gone into administration putting almost 100 jobs at risk. The company, based in Grantown-on-Spey, employs 97 full and part-time staff of which 86 are employed at the main facility. MacKellar has fallen victim to finan
Eidesvik Receives Viking Neptun
Eidesvik Offshore has today taken delivery of the Offshore Construction Vessel Viking Neptun from Kleven Verft AS. According to the company, TBN Viking Neptun represents the largest investment Eidesvik has done in the subsea segment. Eidesvik has taken a long-term loan of MUSD 124 with Nordea and Ek
Photo Update: Progress on New Suez Canal
The Non-Governmental Organization (NGO), Dredging Suez Canal, has posted on its official facebook page the latest photos of the New Suez Canal dredging program. The project was launched by the Chairman of the Suez Canal Authority Mohab Mamish in the presence of Egyptian President Abdel Fattah el-Sis
SMD to Deliver QT1000 to KT Submarine
SMD announced a contract award with KT Submarine for a QT1000 high powered cable installation and maintenance ROV. The 2000m rated ROV embraces the latest technologies in jet trenching and ROV design with 1000hp of total installed power and 940hp of variable jetting power. The QT1000 is capable of t
Eidesvik Offshore takes OCV Viking Neptun
Eidesvik Offshore has today taken delivery of the Offshore Construction Vessel (OCV) Viking Neptun from Kleven Verft AS. According to Eidesvik Offshore, a long-term loan facility of $124 million has been drawn with Nordea and Eksportkreditt Norway/GIEK to finance the vessel. The vessel will primo Ma
SCHOTTEL Presents New Hydrokinetic Turbines
After successfully testing in Strangford Lough, Northern Ireland, SCHOTTEL HYDRO has launched its new hydrokinetic turbines. The company believes that the new SIT SCHOTTEL Instream Turbine allows the harvesting of hydrokinetic energy for commercial projects at a reasonable cost. SIT features passive
Fugro Presents SAGE Profile 3.0 Software at OPT 2015
SAGE Profile, the subsea pipeline analysis software developed by Fugro GeoConsulting, will be much in evidence at the end of this month during OPT 2015 – Offshore Pipeline Technology Conference (Amsterdam, 25-26 February), and at the preceding seminar on Pipeline Global Buckling Design (24 February)
Saudi Aramco sets heavy lift record with Hasbah platform installation
Saudi Aramco has informed that the heavy lift barge Lan Jing completed the installation of the Hasbah tie-in platform (TP) using its 7,500-ton crane, carrying weight that reached about 5,000 tons – which is, according to the company, its new record for heavy lift operation. The new tie-in platform w
Envisan Wins Trondheim Dredging Project
The City Council and the Port Authority of Trondheim in Norway have awarded its port basin rehabilitation project to Envisan, the environmental subsidiary of Jan De Nul Group. With this contract Trondheim wants to restore the port basin to its desired depth and aims at stopping the further spread of
Wood Group Sees Higher Profits
Aberdeen-based Wood Group has recorded a profit rise led by performance in Wood Group PSN Production Services. Wood Group PSN’s Production Services activities delivered strong growth, with revenue up 16.0% and EBITA up 30.4%. This increase is primarily attributable to performance in the Americas, le
Helix Full-Year Earnings Rise
Houston-based well intervention and robotics specialist, Helix Energy, reported net income of $8.0 million, or $0.08 per diluted share, for the fourth quarter of 2014 compared to net income of $36.5 million, or $0.35 per diluted share, for the same period in 2013. However, net income for the year en
Helix 4Q profit falls to $8M
Helix Energy Solutions Group, Inc., a U.S. -based provider of well intervention services to the international oil and gas industry, reported net income of $8.0 million, for the fourth quarter of 2014 compared to net income of $36.5 million, for the same period in 2013. Net income for the year ended