Saipem has won a number of contracts in various countries, mostly related to subsea work, worth over $500 million.
Norwegian services player Aker Solutions booked Q4 2019 loss of NOK 148 million, against profit of NOK 178 million in the prior-year comparable period. The result was impacted by restructuring and impairment costs as well as ‘very competitive market’ and contracts taking longer to be awarded. Loss p
Dutch survey specialist Fugro has recently started a site survey in support of i3 Energy’s planned 2020 drilling program in the UK North Sea. The survey is expected to conclude during February and covers the remaining areas of Serenity and Liberator West’s Minos High structures not covered by i3’s 2
German developer Innogy has marked the beginning of the first phase of Sofia offshore wind farm’s six-month site investigation as the vessel Fugro Pioneer left the Port of Sunderland to survey the project’s 220-kilometre export cable corridor. As part of this phase, both geophysical and geotechnical
Stress Engineering Services (SES) has entered into an agreement with Optimum Program to form the RiGUARD joint venture. RiGUARD combines SES’ offshore drilling analytics expertise with the Optimum Program data-driven drilling riser maintenance program that delivers drilling riser condition-based mai
Norwegian geophysical services company EMGS has returned to profit as revenues hiked close to 180 percent for the period ended December 31, 2019. The Oslo-listed company reported profit for Q4 2019 of $18 million or 14 cents per share, versus loss of $7 million in Q4 2018. Revenues for the quarter r
Legasea and Infinity Oilfield Services have formed a strategic alliance to pursue and execute offshore topsides and subsea projects in the UK North Sea and internationally. The alliance should open up further opportunities by combining Infinity’s engineering capabilities and oilfield services experi
DeepOcean has seen more opportunity to grow in the Africa region and therefore decided to centre its operations from Montpellier, France. By centering Africa operations in the South of France it allows DeepOcean to be closer to the customers, with good transport links to the target countries, the co
UK-based offshore technology firm Osbit has won a contract by FTAI Ocean to design and build a well intervention tower system. The so-called ‘smart tower system’ is to be installed on FTAI’s vessel M/V Pride and facilitates integrated riserless and riser-based well intervention operations in water d
BP, as operator and on behalf of co-venturer Shell, has started early production from the Alligin field in the west of Shetland region, offshore UK. Alligin forms part of the Greater Schiehallion Area and has been developed as a two-well subsea tieback into the existing Schiehallion and Loyal subsea
Ocean Infinity has established a new marine technology and data company – Armada. Armada will initially add fifteen marine robots to Ocean Infinity’s current fleet of autonomous underwater vehicles. According to Ocean Infinity, each unmanned surface robot will serve a wide range of industries by bei
Subsea services company DeepOcean said it will relocate its existing UK base in Darlington to the new Feethams House development. Employing over 100 specialists in the town, DeepOcean expects the move to happen in the coming months. The company also has a centre of engineering expertise and offshore
Pandion Energy and PGNiG Upstream Norway have completed the transaction whereby Pandion has sold 10% non-operated interests in PL 636, comprising the Duva oil and gas field, and PL 636B to PGNiG. The Duva oil and gas field is located in the northern North Sea and was discovered in the autumn of 2016
Ryder Geotechnical, a Tekmar Group company, has supported Jan De Nul Group with the delivery of a spudcan boulder interaction study for the 600 MW Danish Kriegers Flak offshore wind farm (DKF) located in the Danish Baltic Sea. The study quantified the risk of surface and buried boulders to the Vole
