GC Rieber Shipping has completed the process of redelivery and sale of the icebreaking research vessel Ernest Shackleton to the new owner Istituto Nazionale di Oceanografia e di Geofisica Sperimentale (OGS). The redelivery of the vessel from British Antarctic Survey (BAS) marked the end of a nearly
Profloating has completed the construction of the world’s first floating PV system in the form of a milk bottle in the port of Rotterdam. An innovative Dutch company that specializes in floating solar energy solutions, realized the uniquely formed floating solar energy project in close collaboration
FMGC, the casting subsidiary of Farinia Group, has supplied three sets of gravity base ballast and one gravity anchor for the Guinard Energies tidal turbine project. Guinard Energies recently submerged its latest tidal turbine, the 20kW P154, in the waters of Ria d’Etel around Brest in Brittany. The
McDermott has been awarded a contract by ADNOC to provide FEED services on a design-competition basis for phase one of the Umm Shaif Gas Cap Condensate Development Project. The scope of work also includes the preparation and submission of an EPCI proposal reflecting the design of the offshore facili
JFD has completed critical subsea mating exercises, marking a key milestone in the sea acceptance trials of the various assets comprising the second of the two third generation Submarine Rescue Flyaway Systems delivered to the Indian Navy. Through the course of the trials, JFD carried out multiple d
Norwegian geophysical services company EMGS has halved its quarterly loss as revenues more than doubled for the period ended March 31, 2019. The Oslo-listed company reported net loss for Q1 2019 of $6 million or 5 cents per share, versus loss of $12 million in Q1 2018. Revenues for the quarter rose
ARC Marine, who have invented a pioneering system for building artificial reefs, have received a Rapid Innovation Grant from Marine-i to enable them to progress to the next stage of their project. Part funded by the European Regional Development Fund, Marine-i is designed to help the marine tech sec
ConocoPhillips Australia, as operator of the Barossa joint venture, has awarded the Engineering, Procurement and Construction (EPC) contract for the Barossa project to Technip Oceania (TFMC). Under the contract Technip Oceania will supply the Subsea Production System (SPS) and associated SPS install
Geophysical contractor TGS has posted higher profit in the first quarter of 2019 when compared to same period in 2018, despite revenue drop. The Oslo-listed firm posted earnings per share of 17 cents, up 34% from 13 cents per share in Q1 2018. TGS generated net revenues of close to $110 million in Q
Aibel/Keppel FELS consortium has secured a contract from TenneT for the supply of the HVDC platform and onshore converter station of the offshore grid connection project DolWin5. ABB will supply the complete HVDC electrical power system. Aibel’s scope within the consortium is the engineering and pro
Beach Energy has awarded Baker Hughes, a GE company (BHGE) a contract to supply subsea production systems for its Victorian Otway Basin development project located in offshore Victoria, Australia. The contract was awarded in the first quarter of 2019 and includes medium water horizontal Xmas trees a
PCCW Global and Telecom Egypt recently signed a landing party agreement in Beijing. This agreement will enable the Pakistan & East Africa Connecting Europe (PEACE) cable system to land and cross Egypt, effectively linking Asia, Africa and Europe with a 12,000km ultra-low latency high-speed cable sys
Alcatel Submarine Networks (ASN) has finalized the cable route study and mobilized the marine survey vessel for the EllaLink submarine cable system. The survey will be performed over the coming months and permit acquisition continues in line with EllaLink’s plans to be Ready for Service by the end o
L3 Technologies’ Iver4 Unmanned Underwater Vehicle (UUV) has completed a mission lasting more than 14 hours in San Diego Bay, California. This long-duration mission was completed with a standard nickel-metal hydride (NiMH) battery configuration – demonstrating the battery’s power endurance, system e