Dutch subsea and survey specialist Fugro has posted net loss of €51 million for the twelve months of 2018, against net loss of €160 million in 2017. The company’s revenue increased close to 11 per cent from €1.49 billion in 2017 to €1.65 million in 2018. Fugro’s marine division, with revenue at €1.1
Nordavind Data Center Sites intends to build of a new fiber optic cable between Norway and Ireland. With the Desktop Study (DTS) already completed, Celtic Norse is now moving towards securing the anchor tenants and finalizing the finance package to complete survey and final build. The cable is expec
Shearwater GeoServices has secured an award of three 4D seismic surveys by Equinor to be conducted this summer in the North Sea and Barents Sea. Equinor has awarded Shearwater a multi-project contract, with three surveys to be conducted in 2019 at the Kvitebjørn & Valemon, Visund and Snøhvit fields.
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QED Naval recently returned to Subhub following the completion of the tow to tidy things up and secure Subhub for the initial ballast system and flow augmentation trials. The moorings were reset so that Subhub now aligns to flow on the flood and ebb tides where flow speeds of up to 1m/s are experien
The load-out of the jacket for the Northland Power’s Deutsche Bucht offshore wind farm offshore substation took place in Vlissingen, the Netherlands on Tuesday. The jacket, weighing more than 1,700 tons shall be shipped to the German North Sea at the beginning of March, the company said. The substat
Aker Solutions has been appointed by Wintershall to build a complete digital replica of the Nova production system to enable data driven engineering, production and maintenance decisions. Through two separate agreements, Aker Solutions will provide both a fully interactive digital replica of the int
Crown Estate Scotland has granted an extension to the European Marine Energy Centre’s (EMEC) lease for the Fall of Warness tidal energy test site in Orkney until 2040. The extension will support the long-term ambitions and demonstration plans of EMEC’s clients. EMEC’s Fall of Warness site offers dev
Neptune Energy has submitted Plans for Development and Operation (PDOs) to the Ministry of Petroleum and Energy for the Duva and Gjøa P1 projects in the Norwegian sector of the North Sea. The fields will be developed as subsea tie-backs connecting two templates to the nearby Gjøa platform, operated
Subsea services provider N-Sea has been awarded two contracts with undisclosed clients. Managed and supported by N-Sea’s Aberdeen base, the first is a three-year contract, awarded by an international operator. The work scope will take place across a number of the operator’s UK North Sea assets and i
TechnipFMC has reported fourth-quarter 2018 loss of $2.26 billion or $5 per diluted share. The UK-based energy services giant booked total quarterly after-tax charges and credits of $2,22 billion, or $4.91 per diluted share. Major part of these charges included asset impairments (of close to $1.7 bi
Scottish engineering consultancy QED Naval has released a video footage of recently-deployed Subhub tidal platform leaving Belfast Harbour and arrival in Strangford Lough. Subhub successfully completed the 50 nautical mile offshore passage from Belfast Harbour to Strangford Lough. The final stage of
Oceaneering International has received a two-year integrity management contract from Total E&P Denmark (Total) to support its Tyra Redevelopment project in the Danish North Sea. Oceaneering’s scope includes the full development of Tyra’s integrity management program, developing risk-based assessment
