Seabed Geosolutions, a joint venture between Fugro and CGG, has completed the world’s largest deepwater proprietary 3D ocean bottom node (OBN) survey in the Santos Basin, offshore Brazil. This is the fourth OBN survey completed by Seabed Geosolutions in Brazil. The survey, started in late 2018, cove
Equinor and partners ExxonMobil, Idemitsu and Neptune have discovered oil and gas in exploration well Echino South, 35/11-23, near the Fram field in the North Sea. Recoverable resources are estimated at 6-16 million standard cubic meters of oil equivalent, corresponding to 38-100 million barrels of
The Overseas Private Investment Corporation (OPIC), the U.S. Government’s development finance institution, plans to work with Trans Pacific Networks (TPN) to support the world’s longest subsea telecommunications cable, which will span the Indo-Pacific region. “The internet provides unmatched social
Dutch-based O&G floating production specialist SBM Offshore has taken the next step in its wave energy converter project, as it plans to carry out sea trials offshore Monaco from 2021. SBM Offshore has been developing this new generation of breakthrough wave energy converter (WEC S3) since 2009. The
Sentinel Subsea has completed its first offshore field trial, run in conjunction with independent operator Spirit Energy and the Oil & Gas Technology Centre (OGTC). Recognizing the need to monitor suspended wells both efficiently and cost-effectively, Sentinel Subsea’s passive monitoring system is s
Atlantis has completed the acquisition of the Green Highland Renewables project development, asset management, operation and maintenance business (GHR) from SIMEC Energy. GHR is headquartered in Perth, Scotland and has an operations base in Dingwall, Scotland with 23 members of staff. GHR has consen
Seismic player Polarcus has bounced back in black when compared to third-quarter 2018 as revenues increased some 19 percent. The Oslo-listed company reported profit for the quarter ended September 30, 2019 of $13.7 million, versus loss of $8.4 million in Q3 2018. For the nine months in 2019, Polarcu
McDermott has reported quarterly loss of $1.9 billion, or $10.37 per diluted share, compared to profit of $2 million, or 1 cent per diluted share in the third quarter of 2018. According to the the company, the result was due primarily to $1.5 billion goodwill and intangible assets impairments and $2
Prysmian Group has completed the HVDC test on the submarine interconnector COBRAcable that links The Netherlands and Denmark. The announcement took place during the COBRAcable link’s official inauguration event, simultaneously held in Eemshaven (NL) and Endrup (DK). Prysmian had secured this project
Nexans has been appointed by SSE as the preferred supplier to design, manufacture and install the onshore and offshore export cables for the Phase 1 development of the Seagreen offshore wind farm project. Currently under construction off the Angus coast, Phase 1 comprises the Seagreen Alpha and Brav
Shearwater GeoServices has received a conditional letter of award for a 2D seismic acquisition and fast-track processing project by Total E&P South Africa. The survey at block 11B-12B will be Shearwater’s first project offshore South Africa. It has a base duration of two months starting in Q4 2019 a
SEA has completed sea trials of its Anti-Submarine Warfare (ASW) System with the Portuguese Navy as part of Exercise REPMUS (Maritime Unmanned Systems) 19. The KraitSense low-profile passive sonar system detected, tracked and classified a submarine whilst deployed from a Portuguese Navy offshore pat
OceanGate has said it plans to build two new submersibles using its innovative carbon fiber and titanium design. The Everett-based company has begun the construction planning for the next two Cyclops-class subs (Cyclops 3 and Cyclops 4), which are planned to be rated for up to 6,000 meters. The comp
Celtic Norse fibre optic cable between Norway and Ireland will be partnered by Vodafone Iceland to develop a branch into Iceland. It is also investigating the opportunity to develop a branch into Scotland, initially with the government’s infrastructure body, the Scottish Futures Trust and Host in Sc
