Operations & Maintenance
Polarcus Books Loss, Improves Q-on-Q
Seismic contractor, Polarcus has posted quarterly loss on 26 percent lower revenues when compared to first-quarter 2016, but said it had managed to narrow its loss sequentially by $59 million. The Oslo-listed company reported net loss for the quarter of $38 million or $0.05 per share, versus profit
Bourbon Revenues Fall 30% in Q1
Bourbon has seen its revenues decline almost 30 percent year-on-year for the quarter ended March 31, 2017 impacted by lower activity levels in the shallow and deepwater offshore segments. The company said it had stacked up to 102 vessels as of end-March this year, including 76 shallow water vessels
DeepOcean Wins Troll C Work
DeepOcean has been awarded an engineering, procurement, fabrication and installation (EPCI) contract for wear protection on the risers at the Troll C platform in the Norwegian Sea. The award covers, in addition to installation, the design, engineering, procurement and fabrication of the wear protect
Acta Marine Orders Complete Ulstein Package
The Netherlands-based Acta Marine has contracted Norway’s Ulstein Power and Control AS to deliver complete power and control systems for Acta Marine’s Construction Support Vessel (CSV) currently under construction at Ulstein Verft.
Dutch joint venture to build tidal bridge in Indonesia
Tidal Bridge BV, a joint venture of Strukton International and Dutch Expansion Capital (DEC), has been selected to construct a floating bridge equipped with tidal power plant in Indonesia.
Huisman Unveils Foldable Crane for Offshore Wind O&M
Lifting, drilling and subsea specialist Huisman has developed a lightweight type crane for the maintenance of offshore wind turbines: the Foldable Offshore Crane.
Leask Marine boosts wave and tidal fleet
Leask Marine has taken delivery of the multicat vessel C-Fenna to support its activities in the wave and tidal sector.
Partrac Scoops Kincardine Metocean Work
Marine survey company, Partrac has been awarded a contract by Kincardine Offshore Windfarm Limited (KOWL) to monitor oceanographic processes at the Kincardine site located south-east of Aberdeen, approximately 15 kilometers from the Scottish coastline. Partrac has been contracted to provide the base
CWind Halfway There on Wikinger
Colchester-based offshore services provider CWind has reached the halfway point on a 15-month project to provide a wide range of secondary works at Iberdrola’s 350MW Wikinger offshore wind farm in the German Baltic Sea.
Wintershall’s Maria Field on Track for 2018 Oil
Norwegian minister of Petroleum and Energy, Terje Søviknes, and Wintershall’s CEO, Mario Mehren, have visited the Deepsea Stavanger rig ahead of reservoir drilling on the Wintershall’s Maria field. Maria, Wintershall’s flagship development in Norway, is a subsea field that uses existing infrastructu
Orkney’s supply chain gives lessons to wave developers
Wave Energy Scotland (WES) has released the findings from its project with the European Marine Energy Centre (EMEC) that explored the wealth of knowledge and experience amassed in the Orkney supply chain from testing wave energy devices in real sea conditions.
Tocardo readies tidal device for EMEC deployment
Tocardo Tidal Power has engaged the services of Orkney-based marine outfit Leask Marine to install its tidal energy device at EMEC this month.
Seacat Launches 24-Seater Duo
Cowes-based offshore energy support vessel (OESV) operator, Seacat Services, has launched two vessels with the capacity for 24 industrial personnel – the newly-accepted Seacat Enterprise, and the upgraded Seacat Courageous.
Fugro Sees Revenue Slip
Dutch subsea and survey specialist Fugro said it has generated some 16 percent less revenue on a currency comparable basis, compared to prior-year comparable period. The company’s revenue fell from €441 million in Q1 2016 to €377 million for the period ended March 31, 2017. Fugro said it expects fur