Equipment
KCA Deutag: 500 jobs at risk
Headcounts keep reducing in the oilfield services sector. This time, it is KCA Deutag. The company, a provider of drilling and engineering services, plans to lay off up to five hundred workers, 230 of which in the UK North Sea sector. In a statement sent to Offshore Energy Today, KCA Deutag has expl
Forum Earns More
Forum Energy Technologies has delivered fourth quarter 2014 revenue of $439 million, an increase of $45 million or 11%, from the fourth quarter 2013. Net income for the quarter was $46 million, or $0.49 per diluted share, compared to $35 million, or $0.36 per diluted share, for the prior year period
Oceaneering Ups Profits
Subsea engineering specialist, Oceaneering, has reported increased earnings for the fourth quarter of 2014, driven by Remotely Operated Vehicles (ROV), Subsea Projects, and Advanced Technologies. The company earned net income of $102.5 million, or $0.99 per share, compared to $93.4 million, or $0.86
Kenz Cranes’ equipment on ‘West Rigel’
West Rigel, a harsh-environment semi-submersible drilling rig, currently under construction in Singapore, will feature two Dutch-designed boom hoist cranes. According to Kenz Cranes, a Dutch company specializing in offshore lifting and hoisting solutions, the two EHC 100/4000 cranes were designed in
Prysmian Subsea Cables for Wikinger OWF
Prysmian Group has been awarded a contract by Iberdrola Renovables Offshore Deutschland GmbH worth a total of around EUR 60 million to supply and install wind turbine inter array cables for the Wikinger offshore wind farm. The wind farm is located within the West of Adlergrund cluster in the German
GE Oil & Gas completes subsea manufacturing facilities in Scotland
GE Oil & Gas has invested more than £13.5million across its subsea manufacturing facilities in Montrose, Scotland, enhancing the business’s test and assembly (T&A) and manufacturing capabilities in direct response to customer need. The company has completed construction of a 1,000m2 heat treat and c
FSR Places Order for Sonardyne 6G Technology
Sonardyne International Ltd., UK, has announced that Forum Subsea Rentals (FSR) is to substantially increase its stock holding of Sonardyne 6G Long BaseLine (LBL) acoustic positioning technology. The order for an undisclosed sum was confirmed on the opening day of Subsea Expo 2015, Europe’s largest
Halliburton to Slash Up to 6400 Jobs
The second-largest oilfield services company, Halliburton, has confirmed it will lay off up to 8 percent of the company’s 80,000 global workforce. It is anticipated that somewhere between 5200 and 6400 jobs will be cut, as yet another company falls victim to tumbling oil prices. In an email statemen
FMC Technologies cuts 2000
FMC Technologies, a Houston-based supplier of production systems to the international oil and gas industry, is the latest company in the sector to announce job cuts. The company’s CEO has been quoted as saying that the company will reduce its workforce by 2000 people, looking to slash costs. In its
Subsea UK: Subsea Industry in for Major Challenges
The fast-growing UK subsea sector, which supports 60,000 jobs, is in for two years of tough times and will only weather the storm if it embraces innovation and new technology, says industry body. On the opening day of Subsea Expo, Europe’s largest subsea event, the chief executive of Subsea UK told
MacArtney Subsea Connectivity for Sabella
MacArtney has secured order from French marine renewable energy pioneer Sabella S.A.S. for a complete MacArtney connectivity solution for its new industrial scale ‘Sabella D10’ tidal stream turbine project. After successfully installing and testing the ‘Sabella D03’ demonstrator turbine unit, Sabell
Technip Brings Heidelberg Spar Hull to Anadarko
Technip’s construction yard in Pori, Finland has built and delivered a 23,000-ton truss spar hull for Anadarko Petroleum Corp.’s Heidelberg field development, located in the US Gulf of Mexico. The detailed hull design and fabrication of 17th spar to be delivered by Technip started in November 2012.
Custom-Made Cabin for ‘Manu Pekka’
In 2014, Merford supplied a cabin to Boskalis for its Manu Pekka dredger. In 2015, a new backhoe dredger will be installed on the ship and Merford was asked to develop an operator cabin for this crane. This type of crane is normally used in the mining sector. Therefore, a standard cabin was not an [
Osiris Launches d’ROP Survey Platform
Osiris Projects has introduces its new survey platform known as d’ROP. The company believes that the innovative d’ROP system has the potential to revolutionise productivity in shallow water survey and inspection applications. d’ROP is a dynamic Remotely Operated Survey Platform that borrows and comb