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Subsea

Scottish Enterprise Grant for Subsea Testing Centre
Subsea

Scottish Enterprise Grant for Subsea Testing Centre

A new centre of excellence for testing emerging technologies in the subsea sector is to be established with support from Scottish Enterprise. Balmoral Offshore Engineering, based in Aberdeen, is creating a new open access hyperbaric pressure testing facility for the oil and gas supply chain, and spe

about 9 years ago
DOF Subsea Books Quarterly Loss
Subsea

DOF Subsea Books Quarterly Loss

DOF Subsea, a subsidiary of DOF Group, reported net loss in the first-quarter 2017 of NOK 124 million ($14.4 million), compared with profit of NOK 316 million ($36.7 million) in the corresponding period in 2016. Sequentially, the net loss was narrowed from NOK 430 million or $51.5 million. In the fi

about 9 years ago
NEC Achieves 50Tb Submarine Cable over 10,000km Distance
Subsea

NEC Achieves 50Tb Submarine Cable over 10,000km Distance

NEC Corporation has demonstrated a transmission capacity of 50.9 terabits (Tb) per second on a single optical fiber, over a distance greater than 11,000km. According to the company, this is the first time 50Tb have been achieved over 10,000km using C+L band erbium-doped fiber amplifiers (EDFA). Achi

about 9 years ago
DOF Subsea Mulls Oslo Exchange Comeback
Subsea

DOF Subsea Mulls Oslo Exchange Comeback

DOF Subsea and its shareholders, DOF ASA owning 51%, and a fund managed by First Reserve owning 49%, have decided to start reviewing the opportunity for the company to apply for a listing on Oslo Stock Exchange. The Norwegian provider of subsea services has previously been listed on the Oslo Stock E

about 9 years ago
Aqua Comms Boosts Executive Team
Subsea

Aqua Comms Boosts Executive Team

Aqua Comms, the operator of Ireland’s first dedicated subsea fibre-optic network interconnecting New York, Dublin and London, has appointed two new members to its executive leadership team. Andy Hudson has been named chief networks officer and Kevin Foley has been named chief financial officer. Huds

about 9 years ago

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SengS Gets New Managing Director
Subsea

SengS Gets New Managing Director

Engineering services firm SengS has strengthened its senior team with the appointment of a new managing director and secured new deals which will take its turnover for this financial year past the £2 million mark for the first time. Formerly the company’s operations manager, Peter Thomson has taken

about 9 years ago
HYPACK Expands Team, Sets Up Germany Office
Subsea

HYPACK Expands Team, Sets Up Germany Office

HYPACK, a software developer for the hydrographic and dredging industry, has appointed Dr. Peter Ramsay as business development leader and opened a new European office in Germany. Ramsay was previously a director at Marine GeoSolutions Pty Ltd in Australia. He will be seeking further growth at HYPAC

about 9 years ago
Centrica Gets Green Light for Oda Field Development
Subsea

Centrica Gets Green Light for Oda Field Development

Norwegian Ministry of Petroleum and Energy has approved the plan for development and operation of Centrica-operated Oda field, located in the North Sea licence PL 405. The operator of the field, on behalf of the partners, submitted the development plan in 2016. The proposed development will include

about 9 years ago
BP Starts West Nile Delta Offshore Egypt
Subsea

BP Starts West Nile Delta Offshore Egypt

BP has started gas production from the first two fields, Taurus and Libra, of the West Nile Delta development in Egypt. First gas was exported to Egypt’s national grid on March 24, 2017, and the commissioning of all nine wells of the development’s first two fields and ramp up to stable operations ha

about 9 years ago
Infinera, Canalink Conduct Field Test over Subsea Cable
Subsea

Infinera, Canalink Conduct Field Test over Subsea Cable

Infinera has conducted subsea field test with Canalink across its subsea cable. The test, conducted with the Infinera Infinite Capacity Engine (ICE4) and featuring Infinera’s fourth-generation photonic integrated circuit (PIC), demonstrated the capability to upgrade the cable capacity 13-fold. The t

about 9 years ago

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Atlantis Subsea Farming Asks for More Development Permits
Subsea

Atlantis Subsea Farming Asks for More Development Permits

Atlantis Subsea Farming has decided to appeal the decision by the Norwegian Directorate of Fisheries regarding the awarded development licenses for its submersible fish-farming project. In January 2016, the Norwegian company applied for 6 development licenses of which 2 were approved by the Director

about 9 years ago
Saipem Scores Liza SURF Job with ExxonMobil
Subsea

Saipem Scores Liza SURF Job with ExxonMobil

Saipem has been awarded a new EPCI contract for the SURF package of the proposed Liza project operated by Esso Exploration and Production Guyana Limited, an affiliate of ExxonMobil. The Liza field, located approximately 120 miles offshore Guyana at a water depth of 1,800 metres, is a subsea developm

about 9 years ago
TGS, PGS to Expand Seismic Data Library Offshore Eastern Canada
Subsea

TGS, PGS to Expand Seismic Data Library Offshore Eastern Canada

TGS and Petroleum Geo-Services (PGS) have announced plans to expand their jointly owned multi-client library offshore Eastern Canada. The new Cape Broyle 3D survey, to be acquired during summer 2017, will comprise approximately 3,500 km2 of 3D GeoStreamer data in the South Eastern Newfoundland regio

about 9 years ago
McDermott Names New VP, Treasurer and Investor Relations
Subsea

McDermott Names New VP, Treasurer and Investor Relations

Houston-based offshore EPCI player McDermott has appointed Ty Lawrence as vice president, treasurer and investor relations, replacing Kathy Murray who has been appointed vice president of finance for project execution and delivery. Prior to this appointment, Ty Lawrence was senior director of financ

about 9 years ago