Operations & Maintenance
Saipem Keeps 2017 Guidance Despite Q1 Profit Drop
Italian oilfield services player has reported net profit of €47 million for the three months ended March 31, 2017, against €61 million in the same quarter last year. Adjusted net profit was €54 million, versus €61 million in Q1 2016. Revenues for the Q1 2017 were down, amounting to €2.26 billion, co
Siem Offshore Bags New OSCV Contracts
Oslo-listed marine contractor Siem Offshore has landed several global charter contracts including for its offshore subsea construction fleet. The 93.6 meters long OSCV Siem Marlin, designed for ROV and light construction duties, has started its contract in South America scheduled for 150 days. The 1
Minesto gives wings to Doosan Babcock
Swedish tidal energy developer Minesto has hired an engineering company Doosan Babcock to test a wing section of its Deep Green tidal technology.
Windea Leibniz Puts RangeGuard Monopole Through Its Paces
Guidance Marine’s RangeGuard Monopole system has completed its sea trials on-board the Service Operation Vessel (SOV) Windea Leibniz on the Sandbank offshore wind farm in Germany.
Windea Leibniz Puts RangeGuard Monopole Through Its Paces
Guidance Marine’s RangeGuard Monopole system has completed its sea trials on-board the Service Operation Vessel (SOV) Windea Leibniz on the Sandbank offshore wind farm in Germany.
C6 Technologies Launches Its Well Intervention System
C6 Technologies, an oilfield technology company offering solutions for well intervention and conveyance utilising composite materials, has informed that its new ComTrac system is performing field trials after completing test well runs. The company, a joint venture by Archer and IKM, currently has on
PGS in Q1 Profit Warning
Norwegian seismic player, Petroleum Geo-Services (PGS) said it expects revenues for Q1 2017 of approximately $155 million ($203 million in Q1 2016), with an EBITDA of approximately $30 million ($79 million in Q1 2016). According to PGS, the low EBITDA is primarily driven by the relatively low multi-
Shearwater Contracts Veripos for GNSS Positioning Services
Veripos, has won a contract for global navigation satellite systems (GNSS) positioning services with recently formed seismic contractor Shearwater Geophysical. Under the terms of the new agreement, Veripos will supply GNSS positioning services to Shearwater’s fleet of four marine seismic survey vess
Seafish backs Swansea tidal lagoon aquaculture plans
New report from industry body Seafish has confirmed that the proposed Swansea Bay tidal lagoon scheme could be used to farm a range of marine species.
Video: QED Naval’s Subhub tidal platform development
The video shows the capabilities and design tools used in the development of QED Naval’s Subhub tidal foundation structure.
NDE Offshore Starts Inspecting Platform Helideck Substructures off Germany
Offshore service provider NDE Offshore has started annual inspections of the helideck substructures on three HVDC platforms in the German North Sea for Siemens Transmission.
Trendsetter, Add Energy Win Well Control Assurance Contract
Trendsetter Engineering and Add Energy have combined expertise to provide engineering and hardware support services to the industry’s most challenging problems in a nimble and responsive environment. The companies have recently been awarded a contract to supply engineering expertise and access to Tr
Irish tidal research project steps closer to market
Researcher from NUI Galway, Brian Ward, has been awarded funding to speed up the commercialization of his tidal energy research project.
UK makes £13M offer to clean energy innovators
Innovate UK will next week launch a £13 million funding competition for innovation projects that address the global need for clean, affordable and secure energy.