Operations & Maintenance
TechnipFMC Posts $191M Profit
TechnipFMC has reported first-quarter 2017 net income of $190.8 million and diluted earnings per share of $0.41. Excluding charges and credits of $193.5 million, or $0.30 per diluted share, adjusted diluted earnings per share were $0.71. Total company operating profit was $379.7 million, with adjust
CDA Bilbao recovers Mutriku’s wave monitoring device
Bilbao-based marine contractor Commercial Diving Activity (CDA) has retrieved a monitoring instrument installed at the Mutriku wave energy plant as part of the OPERA project.
Innoven Adds Third Wind Farm Support Vessel
Bremerhaven-based Innoven Marine Service GmbH has emerged as the new manager of the 1984-built Anchor Handling Tug Supply (AHTS) vessel Ocean King, which has now been renamed to Lev Twister.
Innoven Adds Third Wind Farm Support Vessel
Bremerhaven-based Innoven Marine Service GmbH has emerged as the new manager of the 1984-built Anchor Handling Tug Supply (AHTS) vessel Ocean King, which has now been renamed to Lev Twister.
Gardline Combines Two Companies
Gardline Group’s wholly-owned companies Marine Ecological Surveys Ltd (MESL) and Marine Planning Consultants are set to integrate on May 01, 2017. The two companies are active in marine environmental survey, consultancy, impact appraisal and marine planning. The combining of the two companies will u
Work in Progress for Second Galloper Export Cable Landing
The final phase of Galloper construction work at Sizewell beach has been reported well underway with the team preparing for the installation of the second and final export cable for the offshore wind farm. The cable will bring the power generated from the offshore wind farm to the onshore substation
Van Oord Orders SMD Trencher
Soil Machine Dynamics (SMD) has secured a contract with Van Oord for the manufacture and delivery of a QTrencher 1600. This contract follows the deployment of SMD’s QTrencher 1400 on Van Oord’s Gemini Wind Farm. Scheduled for delivery in Q1 2018, the trenching machine will be supplied with an SMD de
Ziton Marks Revenue Spike
Danish jack-up vessel owner Ziton has reported EUR 29 million revenue for the Fiscal Year 2016, a near 219 per cent increase compared to EUR 9.1 million revenue recorded a year earlier. Ziton more than tripled its revenue in 2016 on the back of increased activity levels and higher utilisation rates
Ziton Marks Revenue Spike
Danish jack-up vessel owner Ziton has reported EUR 29 million revenue for the Fiscal Year 2016, a near 219 per cent increase compared to EUR 9.1 million revenue recorded a year earlier. Ziton more than tripled its revenue in 2016 on the back of increased activity levels and higher utilisation rates
Magallanes launches full-scale floating tidal platform
Magallanes Renovables has launched its multi-megawatt floating tidal platform in Vigo, Galicia, north-west of Spain.
SGS connects UK’s winds and tides
Smarter Grid Solutions (SGS) plans to use its technology to enable a shared grid connection of the MeyGen tidal array and Lochend wind farm in Scotland.
CWind Delivers Isles of Scilly Cable Repair Project
CWind, a part of the Global Marine Group, has completed a power cable repair, reconnecting the Isles of Scilly to the mainland electricity. The C.S. Sovereign, the company’s specialist cable installation vessel, was used for the repair of the cable damaged late February by an anchor. Using remotely
Industry teams up with academia to drive down tidal costs
Oceanographers at Bangor University’s School of Ocean Sciences have teamed up with Nortek, and Partrac, to study ocean turbulence with the aim of reducing the costs associated with tidal energy devices.
Financing Deal in Place for Nord Stream 2 Project
Nord Stream 2 AG has signed financing agreements for the Nord Stream 2 pipeline project with ENGIE, OMV, Shell, Uniper and Wintershall. These five European energy companies have committed to provide long-term financing for 50 % of the total cost of the project, which is currently estimated to be €9.