Subsea
Xodus and Green Marine in Renewables Alliance
Xodus Group has formed a partnership with Orkney-based Green Marine to launch a new service for the maintenance of offshore renewable assets. The lifecycle approach will utilise Xodus’ new integrity management software tool XAMIN to capture and monitor live data from offshore marine assets with Gree
TGS Back in Black
Geophysical contractor TGS has posted first-quarter 2017 net profit of $1.6 million, compared to net loss of $20 million in the same period in 2016. This comes down to quarterly earnings per share (fully diluted) of $0.02, against $0.20 loss per share same time last year. The Oslo-listed firm genera
Fugro Kicks Off Mareano Survey in Barents Sea
Fugro has begun a hydrographic survey encompassing an area of Norwegian waters of approximately 15000 square kilometres. The contract was awarded by the Norwegian Hydrographic Service and has a value of 34.5 million NOK (approximately €3.8 million). The survey is part of the Mareano programme, for w
2G Robotics, Sonardyne Enter Collaboration Agreement
2G Robotics and Sonardyne International, UK, have entered into a formal collaboration agreement. The two organisations are working together on the development and promotion of a dynamic underwater laser mapping solution which reduces the time needed to survey seafloor sites and offshore structures.
Nautilus Gets LARS for Its Seafloor Mining Vessel
The launch and recovery system (LARS) equipment for the Nautilus Minerals’ production support vessel has arrived at the Mawei shipyard in China, Toronto-based underwater mineral exploration company informed on Tuesday. The LARS, built by AxTech on behalf of Soil Machine Dynamics (SMD), consists of A
Wood Group Men Work with NSRI to Diversify Subsea Sector
Two engineers from Wood Group have supported the National Subsea Research Initiative (NSRI), the technology arm of industry body Subsea UK, in its drive to speed up the development and implementation of near to market technologies in the subsea sector. Jamie McCallum and Christer Fjellroth, who are
Aker Solutions Sees Earnings Fall
Norwegian oil services company Aker Solutions has reported net income of NOK 62 million ($7.3 million), or NOK 0.23 in the first-quarter 2017, versus net income of NOK 169 million ($19.5 million), or 0.53 NOK in the prior-year comparable period. The company has seen its revenue decline to NOK 5.17 b
IKM On Track to Deliver Snorre B and Visund Project
IKM Subsea has delivered first equipment for Snorre B and Visund fields under the ROV services contract that the company secured last August. The contract is for the provision of testing and installation of an electrical, permanently seabed installed Residential – ROV (RROV), that will interface wit
McDermott to Take Full Ownership of North Ocean 105 in June
Norwegian-Dutch offshore service provider Oceanteam said it has received the written notice from its joint venture partner McDermott in which it commits to acquire Oceanteam’s remaining 25 percent stake in the pipe lay vessel, North Ocean 105. According to the Oslo-listed company, the transaction is
Paradigm Flow Services Scores New Contracts in US Campaign
Oil and gas services provider Paradigm Flow Services has secured a series of new contracts in the Gulf of Mexico. The Aberdeenshire-based company said its Flexi-Coil system is currently operating on a hat-trick of projects for a variety of new international operators. Two of the jobs are located in
InterMoor UK Boosts Decom Services
InterMoor has added rigless well abandonment capabilities to its UK-based services. Consolidating the capabilities of former sister company OIS Ltd, InterMoor UK can now help plan and execute turnkey suspended well decommissioning campaigns. This includes vessel charter and project management of all
Kongsberg Expands Underwater Glider Portfolio with Two New Systems
Kongsberg Underwater Technology, Inc. has agreed with CoMotion, the University of Washington’s collaborative innovation hub, to obtain the sole rights to produce, market, and continue development of two new underwater glider systems. Both new glider systems are based in part on the original, Seaglid
Tekmar Protects Cables of First OWF in Taiwan
UK-based Tekmar Energy (Tekmar) has supplied its TEKLINK cable protection system (CPS) to protect the underwater power cables as they enter the wind turbine foundations on the Formosa 1 Phase 1 offshore wind farm project, the first offshore wind farm in Taiwan. Formosa 1 Phase 1 is the first phase o
Bureau Veritas Launches Asset Integrity Management System
Bureau Veritas has launched the Veristar AIM 3D asset integrity management system, based on technology partner Dassault Systems’ 3DExperience platform. Veristar AIM 3D will be used in the design, development and implementation of the operational lifecycle, to reflect and predict the condition of any