Operations & Maintenance
Magseis Cuts Losses
Norwegian seabed seismic services player, Magseis, has managed to shrink its loss as the revenue increased by close to 220 per cent in the first quarter of 2016. The Oslo-listed company has seen its revenue climb to USD 18.1 million compared to USD 5.7 million same time last year. Increase in revenu
ThinJack Grabs Egypt Contract
Westhill-based oil service company ThinJack has secured a deal with an undisclosed Middle East oil and gas company for the removal of multiple well Christmas trees on surface platforms in the Gulf of Suez, Egypt. Reportedly the agreement could be ThinJack’s largest ever agreement in the region. It f
TGS – PGS in 3D Shoot Off Canada
TGS-NOPEC Geophysical Company (TGS) is expanding its multi-client library offshore Eastern Canada, with plans to acquire approximately 2,000 km² of 3D seismic data, in partnership with PGS. The survey will be acquired utilizing the PGS GeoStreamer technology, and it should begin during the summer se
Ocean Team Launches UK Division
Danish-headquartered Ocean Team Group, specialists in cleaning technical fluids and their transfer systems for the global energy industry, has established its first UK division in Aberdeen. Ocean Team has seven divisions which service the on and offshore energy industry, including the Oil & Gas, sub
James Fisher scores £2.8M Wave Hub job
Wave Hub has awarded a contract to James Fisher Marine Services for the installation of four cable tail extensions at the test site off Cornwall.
Weather Conditions Delay Basslink Repair
Following unfavourable weather conditions and several delays in the departure of the cable repair vessel Ile De Re from Geelong, the vessel has arrived at the fault location of the Basslink cable on Friday. Basslink, a subsea cable connecting George Town in Tasmania and Loy Yang in Victoria, experie
James Fisher Wins Wave Hub Gig
James Fisher Marine Services has been awarded a contract from the wave energy test site operator Wave Hub Limited for the cable tail extension installation services. Namely, Wave Hub intends to set up four 33kV rated cable tail extensions from the current dry mate connectors to four developer berths
Pageo Sets Up Singapore ROV Fleet
Pageo Utama of Jakarta, a provider of survey, positioning and subsea support facilities to the offshore oil and gas industries, has expanded its range of services with establishment of an in-house fleet of 12 work class ROVs. The ROVs are operating under the management of a new subsidiary in Singapo
SEWEC starts WEC assembly process
SEWEC, one of the finalist teams of Wave Energy Prize challenge, has started the assembly process of its 1:20 scale wave energy device.
8.2 Consulting Finds More Work at Meerwind
Germany’s 8.2 Consulting AG has won a three-year extension of a contract for periodic inspections at the 288MW Meerwind Süd | Ost offshore wind farm. The contract extension follows the successful completion of the first periodic inspections at the wind farm last year. The contract was extended by Wi
Nexans Export Cables for Beatrice
French cable specialist Nexans, in partership with Siemens, will deliver the grid connection for the Beatrice offshore wind farm, situated in the Outer Moray Firth offshore Scotland. Nexans will be responsible for design, supply and installation of the export cable, both offshore and onshore. The co
Subsea 7 Goes Offshore Wind
Subsea 7 has been awarded a contract by Beatrice Offshore Windfarm Limited (BOWL), for the engineering, procurement, construction and installation (EPCI) of the Beatrice wind farm turbine foundations and array cables, offshore Scotland, UK. The contract award was first announced on Friday, May 20, 2
Seaway Heavy Lifting Gets Beatrice Installation Job
Offshore contractor Seaway Heavy Lifting will carry out offshore installation activities as part of the $1.3-billion EPCI contract Subsea 7 won from Beatrice Offshore Windfarm Limited (BOWL). Subsea 7, which holds 50 per cent stake in Seaway Heavy Lifting, said on Monday that the Beatrice offshore w
JOIDES Resolution to Carry On for TAMRF
Overseas Drilling and Texas A&M Research Foundation (“TAMRF”) have agreed the extension of TAMRF’s charter of the scientific research vessel ‘JOIDES Resolution’ until 30 September 2019. According to Overseas Drilling’s parent company Siem Offshore, TAMRF has further options to extend the charter unt