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.
Norway-based Axxis Geo Solutions (AGS) has entered into Brazilian Ocean Bottom Node (OBN) market with a USD 4 million contract award for the source work with SAExploration. The initial contract is minimum three vessel months including mobilization and demobilization which is compensated for, the com
TechnipFMC has said it plans to separate into two independent, publicly traded companies – RemainCo and SpinCo. The transaction is expected to be structured as a spin-off of TechnipFMC’s Onshore/Offshore segment to be headquartered in Paris, France. The separation is expected to be completed in the
UK-based Better Risk has been contracted to provide specialist unexploded ordnance (UXO) risk management support for the Triton Knoll offshore wind farm. The company has led on industry best-practice for dealing with UXO in the marine environment and provides operational response training support to
As a part of its coop deal with the U.S. Department of Transportation Maritime Administration (MARAD), Boston-based Sea Machines Robotics has demonstrated its autonomous systems in action on board a Kvichak Marco skimmer boat during events held along the Portland harbor. Sea Machines’ technology dem
Trianel Windkraftwerk Borkum has issued a tender for the provision of turbine monitoring, repair, and maintenance services on the 200MW Trianel Windpark Borkum II offshore wind farm in the German North Sea. Currently under construction, the wind farm will comprise 32 Senvion 6.2M152 turbines install
CGG has started acquisition of Nebula 3D, a new, long-offset BroadSeis survey located in the Campos and Santos Basins, offshore Brazil. With an initial focus on Brazil’s 15th License Round blocks, the data is being acquired by the Geo Caribbean and a portion of the survey will provide 3D data covera
Green Marine has won a three-year contract to deliver operations and maintenance work for Equinor’s Dudgeon offshore wind farm in the UK. Green Marine will provide its Damen-built 2610 Twin Axe vessel Green Storm to assist in the O&M, as well as support from its onshore team. According to Equinor, G
Green Marine has won a three-year contract to deliver operations and maintenance work for Equinor’s Dudgeon offshore wind farm in the UK. Green Marine will provide its Damen-built 2610 Twin Axe vessel Green Storm to assist in the O&M, as well as support from its onshore team. According to Equinor, G
Installation of the Nord Stream 2 twin pipelines in the Finnish Exclusive Economic Zone has been finalized with the end of pipelaying on the second line of the 374-kilometer long section. The first line was completed in Finnish waters in April 2019. In total, to date over 1,800 kilometers of the Nor
JFD has acquired the closed bell saturation diving system and associated assets formally owned by The Underwater Centre. The acquisition should enable JFD to re-establish the global closed bell diver training programme – also known as sat diver training – and the only UK-based training capability th
Woodside has achieved first oil from Greater Enfield Project, through the Ngujima-Yin floating production storage and offloading vessel (FPSO) on Sunday. The Greater Enfield Project was approved in 2016, to develop the Laverda Canyon, Norton over Laverda and Cimatti oil accumulations through a subse
