Subsea
Subsea 7 Sees Earnings Grow
Oslo-listed Subsea 7 has booked higher profit for the quarter ended June 30, 2017 as revenues increased on boosted activity in the renewables sector and progress on its SURF projects. The subsea engineering and construction specialist posted quarterly profit of $146 million, or $43 cents per share,
GeoSea to Deploy Seatools Anode Cage Setup Tool at Hohe See OWF
GeoSea has recently awarded subsea technology company Seatools a contract for the design and delivery of an anode cage installation tool. The tool will be used for an automated anode cage installation operations, part of the construction of the Hohe See offshore wind farm. The anode cage installatio
CGG Expands Santos Basin Coverage
CGG said it has extended its Santos VII broadband 3D multiclient survey offshore Brazil. The 1,867 sq km extension to the original footprint gives CGG a total of almost 16,000 sq km of newly acquired and imaged pre-salt coverage. The extension was made to fully image this area after images recently
ASV Global, TerraSond Team Up for Third Survey
ASV Global has completed the mobilization of a C-Worker 5 autonomous surface vessel (ASV) in Alaska for TerraSond. This will be ASV Global’s third consecutive year on contract with TerraSond for Alaskan hydrographic survey operations for the National Oceanic and Atmospheric Administration (NOAA). Th
SubseaPartner Gets New Boss
Norwegian diving specialist SubseaPartner has expanded its team with the appointment of Tore Hafte Staalesen as the company’s new managing director. Staalesen began his role on July 17. He joins from DOF Subsea after serving as business acquisition/project manager. He also previously worked as proje
Mitsubishi and HICL Win Burbo Bank Extension Transmission Deal
Ofgem has appointed Diamond Transmission Partners (DTP) as the preferred bidder to own and operate the offshore transmission link to the Burbo Bank Extension wind farm for the next 20 years. This completes the procurement process of Tender Round 4 of the offshore transmission owner (OFTO) regime. DT
McDermott Ups Earnings
Houston-based McDermott posted quarterly profit of $36.4 million, or 13 cents per fully diluted share, compared to $20.7 million profit, or 7 cents per fully diluted share same time last year. The company had no adjustments, compared to an adjusted net income of $22.8 million, or $0.08 per adjusted
Sonardyne Sentinel IDS Equips Patrol Vessels in Far East
Sonardyne has supplied its diver detection sonar technology, Sentinel, for a fleet of offshore patrol vessels (OPVs) under construction in the Far East. Two ship-fit Sentinels have now been tested and delivered with more to follow, as part of a wider contract to equip each OPV with a fully integrate
Red Ink for Saipem
Italian oilfield services player has reported net loss of €110 million for the first six months ended June 30, 2017, against profit of €53 million in the first half of 2016. Adjusted net profit was €92 million, versus €140 million in 1H 2016. For the second quarter 2017 net loss was €157 million, co
Proserv Nets $4M in Asia Pacific
Energy services company Proserv has been awarded a series of contracts worth around $4 million for its well severance, platform and FPSO decommissioning services in the Asia Pacific region. The contracts have been awarded by Premier Oil in Indonesia; Chevron, through Baker Hughes, in the Gulf of Tha
Shell’s Prelude Vessel Reaches Its Destination
Shell’s Prelude floating liquefied natural gas (FLNG) facility has arrived in Australian waters following a 5,800 kilometers journey across the ocean. The 488 metre long facility, constructed by Technip Samsung Consortium, left the Samsung Heavy Industries shipyard in Geoje, South Korea on June 29,
JFMS Delivers Another Construction Campaign at MeyGen
James Fisher Marine Services (JFMS), part of the global marine services company James Fisher and Sons, has redeployed two Andritz turbines at MeyGen 1A tidal array in Scotland’s Pentland Firth. The reinstallation was completed, with the offshore works for both turbine installations and connection to
Briggs Marine in Cable Survey for SHEPD
Briggs Marine Contractors will be undertaking subsea power inspections on behalf Scottish Hydro Electric Power Distribution (SHEPD). The survey, using an ROV launched from the DP2 vessel Glomar Wave, will cover Pentland Firth, mainland Orkney to Graemsay, mainland Orkney to Hoy and Flotta to Hoy. Th
Planet Ocean and ASV Test Autonomous LARS for AUVs
Planet Ocean and ASV recently demonstrated autonomous launch and recovery of multiple AUVs from an ASV as the closing part of their Innovate UK & Dstl funded project. The demonstration, in front of invited guests from the project partners, Planet Ocean, National Oceanography Centre, ASV Ltd, Univers