Equipment
Total, Talisman to start Technology Showcase. Seek out solutions to drive down costs
Industry Technology Facilitator (ITF) has informed that “leading oil and gas industry figures” will give their views on the growing importance of technology in helping the sector tackle cost and efficiency challenges in a difficult business environment at the Technology Showcase in Aberdeen on March
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (February 09 – February 15). Swiss-based offshore company Allseas has announced that the largest vessel in the world ‘Pieter Schelte’ is being re-named to ‘Pioneering Spirit’. The company already annou
VIDEO: Maersk Future Subsea Support Vessel
Maersk Supply Service (MSS), part of the A.P. Moller-Maersk Group, has released an animation of the future addition to its fleet, four subsea supply vessels, to be built by COSCO (Dalian) Shipyard for over USD 470 million. The MT6027 Marin Teknikk-design vessels will have a length of 138 metres, a b
Westport, Hema sign LNG pumps deal
Westport said it has signed a long-term supply agreement with Turkish manufacturer Hema Hidrolik to supply pumps for current and future heavy-duty customer applications.
Westport, Hema sign LNG pumps deal
Westport said it has signed a long-term supply agreement with Turkish manufacturer Hema Hidrolik to supply pumps for current and future heavy-duty customer applications.
First Subsea Introduces New Equipment at EWEA Offshore
First Subsea, a subsea connector specialist, is launching a new monopile interface connector for offshore wind monopiles, and top tension connector for floating wind turbines, on stand A-D8 at EWEA Offshore 2015. The most labour intensive and time-consuming element of cable installation into an offs
Huawei Exhibits 100G Subsea Solution in Africa
Huawei, and Huawei Marine, a submarine cable network provider, has presented its Super 100G solution at WDM & Next Generation Optical Networking Africa which is held in Capetown. Huawei says that this solution includes high-integrated 100G, metro 100G and submarine 100G capabilities, and it will pro
VIDEO: MH370 Towfish Trials
The search for missing Malaysian Airline has now covered over 22,000 square kilometres of the seafloor, which is around 36 per cent of the priority search area. Assuming no other significant delays with vessels, equipment or from the weather, the current underwater search area may be largely complet
Nexans Narrows Losses
Nexans has ended 2014 with a net attributable loss of 168 million euros, compared with a 333 million euro net loss in 2013. According to the company, the loss is mainly because of the recognition of a non-recurring 197 million euro net asset impairment, notably for goodwill in Australia, North Ameri
VIDEO: Kongsberg Underwater Noise Monitoring
The Marine Safety Framework Direcitve (MSFD) will soon require EU Member States to have strategies in place for monitoring and, where necessary, mitigating underwater noise. Kongsberg Maritime has designed and developed underwater monitoring systems, such as Seaglider, AMBS and RUNES. Seaglider is d
Picture of the Day: New Suez Dredging
The New Suez Canal development program is part of the Suez Canal mega project, which includes the development of several seaports in the three governorates bordering the canal, Suez, Ismailia and Port Said, in addition to a seaport in the South Sinai city of Nuweiba and the development of Sharm Al-S
Aker Solutions Profit Rises
Aker Solutions revenue rose 21 percent to NOK 9.2 billion in the fourth quarter of 2014 from a year earlier, helped by strong progress on major projects across the global business. Earnings before interest and taxes (EBIT) climbed to NOK 557 million in the quarter from NOK 486 million a year earlier
EMGS sells Barents Sea data
Electromagnetic Geoservices ASA (EMGS) has informed of a sales agreement from the multi-client library in the Barents Sea. EMGS will receive uplift revenues of $2.5 million related to the licensing round for mature areas on the Norwegian continental shelf – Awards in Predefined Areas (APA). EMGS’ mu
Total cuts spending by 10%
French oil major Total has today reported a drop in its 4Q 2014 net income. The company’s adjusted net income was $2.8 billion, a 17% fall when compared to $3.4 billion earned in the fourth quarter last year. Bloomberg has reported that, despite the drop, Total’s net income beat the analysts’ foreca