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
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.
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.
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 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
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
TechnipFMC has been awarded a contract by an affiliate of ExxonMobil for the engineering, manufacture and delivery of the subsea equipment for the proposed Liza deep-water project. The award scope includes seventeen total enhanced vertical deep water trees and associated tooling, as well as five man
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
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
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
Swansea University has hired a UK-based supplier of marine instrumentation, RS Aqua, to provide it with a wave buoy that will be used for the Seacams 2 project.
Houston-based McDermott posted quarterly profit of $21.9 million, or $0.08 per fully diluted share, compared to net loss of $2.2 million, or $0.01 per fully diluted share same time last year. The company had no adjustments, compared to an adjusted net income of $36.3 million, or $0.13 per adjusted f
Baker Hughes has recognized net loss for the quarter ended March 31, 2017 mainly on restructuring charges, asset impairments, and its GE merger-related costs. However, the oilfield services company has improved year-over-year as well as sequentially. Namely, for the first quarter of 2017, Baker Hugh
Magallanes Renovables has launched its multi-megawatt floating tidal platform in Vigo, Galicia, north-west of Spain.
