Operations & Maintenance
Helix Ups Q3 Profit by 16 Pct
Offshore services player Helix Energy Solutions has posted improved results in the third quarter of 2016, backed by its well intervention division. Despite revenue drop of close to 12 percent year-over-year, the Houston-based well intervention and robotics specialist generated net income of $11.5 mi
TE SubCom Begins MAREA Subsea Cable Manufacture
TE SubCom, a TE Connectivity company, has been named the system supply partner for the new MAREA submarine cable across the Atlantic Ocean. TE SubCom has completed the route survey and began manufacture of the system at its facility in Newington, New Hampshire. The parties are on track to begin layi
Halliburton Returns to Profit
Oilfield services major Halliburton has bounced back in black in the third quarter, ended September 30, 2016, as it saw increased utilization in North America, and improved cost and working capital management. For the third quarter 2016, Halliburton reported operating income of $128 million, and cas
Everoze Puts Aging Renewables Assets into Focus
Technical and commercial energy consultancy, Everoze, has launched a free online portal which provides new insights on aging renewables and storage assets in the UK and France. The new site – everozeleaf.com – is designed to allow users to explore the demographics of wind, solar and energy storage a
3D printing could lower tidal development costs
The application of 3D printing techniques might make it possible to reduce the research and production costs for tidal energy industry.
Vroon Orders Barge Master Gangway for VOS Start
Vroon will equip its new walk-to-work vessel VOS Start with a Barge Master Gangway. The Barge Master Gangway incorporates an access tower with an elevator, providing step-less access. The adjustable pedestal provides full flexibility in landing heights, Vroon said. “During the development of the gan
Fugro Sees Quarterly Sales Drop by Over 20 Percent
Fugro has recorded third-quarter 2016 revenue drop of some 22 percent, compared to the same time last year. The revenue drop was mostly caused by the downturn in the oil and gas services market, leaving the Dutch subsea and survey specialist with revenue of €474 million (approximately $521 million),
Statoil and Global Maritime Keep the Ball Rolling
Norwegian energy giant Statoil has awarded the compatriot Global Maritime Consultancy & Engineering with a master services agreement (MSA). Services covered in the global agreement include platform technology studies, safety studies, marine verification, and warranty surveys. The MSA replaces severa
Statoil and Global Maritime Keep the Ball Rolling
Norwegian energy giant Statoil has awarded the compatriot Global Maritime Consultancy & Engineering with a master services agreement (MSA). Services covered in the global agreement include platform technology studies, safety studies, marine verification, and warranty surveys. The MSA replaces severa
Ofgem Lowers Revenue Cap for NSL Interconnector
Ofgem has proposed lower levels for the range in revenues that the developers of the North Sea Link (NSL) can earn, which should benefit the consumers of this electricity interconnector between UK and Norway. The NSL project is one of seven new interconnectors that have been proposed to link GB with
Elisa Floats Self-Installing Offshore Wind Turbine
Researchers gathered around the EU-funded Elisa Project have developed an offshore wind turbine system that can be completely pre-assembled and pre-commissioned in controlled harbour conditions. This innovation, the Elisa technology 5MW fully operational prototype, is located in the Canary Islands a
Video: SR2000 installation at EMEC
The video shows the installation of Scotrenewables Tidal Power’s SR2000 floating tidal energy device that was conducted last week at EMEC’s grid-connected tidal testing site at the Fall of Warness, Orkney.
Elsyca’s Design to Keep Blyth Foundations Rust Free
Belgian corrosion protection systems designer Elsyca has created a cathodic protection system for the self-installing concrete gravity based wind turbine foundation structures to be used for the first time at the 41.5MW Blyth Offshore Demonstrator Project. Royal BAM Group has been awarded a contract
JDR picks Newcastle for its new service support center
JDR, a subsea power cables and umbilicals supplier to the global offshore energy industry, plans to open a new European service support center in Newcastle upon Tyne, UK.