Oslo-listed Solstad Offshore has recognized loss of close to NOK 343 million ($38 million) for the second quarter of 2019, compared to loss of NOK 788 million ($87 million) from the prior-year comparable period. The Norwegian vessel owner’s operating revenue for the second quarter 2019 increased sli
Subsea technology company Rovco, said it has generated £10.5 million of sales and awards through technology provision, research grants, data collection, and surveying projects over the last 12 months. The Bristol-headquartered company, which has also recently opened an office in Aberdeen, confirmed
EnBW Energie Baden-Württemberg AG has issued a contract notice for technical inspection and testing services on four offshore wind farms in the German North Sea and the Baltic Sea. The tender is divided into two lots and it covers the Baltic 1, Baltic 2, Hohe See, and Albatros offshore wind farms. L
EnBW Energie Baden-Württemberg AG has issued a contract notice for technical inspection and testing services on four offshore wind farms in the German North Sea and the Baltic Sea. The tender is divided into two lots and it covers the Baltic 1, Baltic 2, Hohe See, and Albatros offshore wind farms. L
Nord Stream 2 has laid 1,855 kilometres of the pipeline in the Baltic Sea in Russian, Finnish, Swedish and German waters. This corresponds to 75 percent of the overall length of the twin pipeline. Nord Stream 2 AG proceeds with implementing the remaining quarter of the project. Both strings have alr
Wintershall Dea has completed the installation of the subsea pipelines and umbilicals for the operated Nova project in the Norwegian North Sea. The installation of the flowlines completes a summer of significant subsea activity for Nova which began in May with two templates being installed on the se
N-Sea has invested in its data management capabilities by acquiring a new storage system valued in excess of €1.8 million. Based on the latest technology, the upgrade will allow for faster workflow and highly resilient security features, both critical for the meaningful processing, analysis and repo
A consortium including DEME and Eiffage Métal has been awarded a €500-million contract for 80 foundations at the Saint-Nazaire offshore wind farm in France. The scope includes the design, fabrication and installation of the steel foundations. The 480 MW Saint-Nazaire offshore wind farm, owned by EDF
The AMOG Wave Energy Converter (WEC) Technology Demonstrator has recently achieved first power. After a number of challenges were overcome, including some extreme weather conditions, the pendulum was set swinging and measured power was produced, AMOG said. The AMOG WEC is tuned to maximise the power
Aquatic has completed a flexible product riser replacement installation work for Rever Offshore, utilizing the Construction Support Vessel ‘Normand Clipper’. The project saw Aquatic work closely with the client to understand the project requirements from an early stage and integrate both Aquatic’s 5
Oceanteam and Bourbon charter contract for the vessel Bourbon Oceanteam 101 has been extended. The initial charter for the 2007-built subsea construction support/flexible product installation vessel started in 2016. Over the past period the CSV BO 101 has assisted in installing jumpers and X-mas tre
Seabed seismic services player Magseis Fairfield has bounced back to profit in the second quarter of 2019. The Oslo-listed company has seen its revenue at USD 132 million, up from USD 20 million same time last year (excluding Fairfield and WGP Group revenue) and also up for Q1 2019 revenue of USD 12
Petrofac has secured a well plugging and abandonment contract from Hess Limited, a wholly owned subsidiary of Hess Corporation. The agreement includes provision of well operator and well engineering project management services for four wells within the Rubie and Renee fields, 200 km north east of Ab
Norwegian contractor booked profit of NOK 4 million on revenues of NOK 181 million, versus profit of NOK 5 million, on revenues of NOK 191 million in the year-ago quarter.
