Subsea
New HVDC Centre Opens in UK
Scottish and Southern Electricity Networks (SSEN) has opened a new technology centre in Cumbernauld that will allow the simulation of real life conditions to test and de-risk the use of high voltage direct current (HVDC) on the electricity network in Great Britain. The National HVDC Centre was offic
Yinson Fixes FPSO Off Vietnam
Yinson Clover (YCL) has secured a contract with Talisman Vietnam (TLV) for the supply, operation and maintenance of a floating production storage and offloading (FPSO) vessel for Ca Rong Do field in the Block 07/03 offshore Vietnam. The FPSO will be chartered on a time charter basis for a firm perio
Schlumberger to Shoot Seismic for Aker BP
Aker BP ASA (Aker BP) has entered into a framework contract with Schlumberger for acquisition of 4D seismic data. The framework contract has a duration of four years, with an option for 2+2 years. The contract includes WesternGeco marine acquisition of 4D seismic data over the Aker BP-operated field
Subsea 7 Keeps Profit in Line with Offshore Wind at Its Back
Oslo-listed Subsea 7 has delivered another positive quarter backed by higher activity in renewables sector as it came almost flat with profit in the prior-year quarter. The subsea engineering and construction specialist posted quarterly profit of $146.3 million, or $41 cents per share, on revenue of
C-Kore Assists in North Sea Umbilicals Setup
C-Kore Systems have verified the installation of 3 new umbilicals in the North Sea for an undisclosed oil company. The field is one of the biggest subsea projects being developed in the UK sector of the North Sea, the company noted. The patented C-Kore subsea testing tools were used both to prove ca
Oceaneering Swings to Loss
Oceaneering has reported a net loss of $7.5 million, or 8 cents per share, on revenue of $446 million for the first quarter of 2017. Excluding the impacts of $2.1 million discrete tax expense and $2.2 million of pretax foreign currency exchange losses, adjusted net loss was $4.0 million, or 4 cents
TechnipFMC Posts $191M Profit
TechnipFMC has reported first-quarter 2017 net income of $190.8 million and diluted earnings per share of $0.41. Excluding charges and credits of $193.5 million, or $0.30 per diluted share, adjusted diluted earnings per share were $0.71. Total company operating profit was $379.7 million, with adjust
WES Awards Grants to Four Wave Energy Developers
Four wave energy technology developers have secured a total of £2.84 million grant by Wave Energy Scotland (WES) after competing to join stage two of an innovative technology development programme. The funding will support further design, modelling and testing of technologies being developed through
Siemens Subsea Axes More Jobs at Ulverston
Siemens has said it plans further job reductions at the Siemens Subsea business in Ulverston. This is part of a global reduction affecting the Siemens Subsea businesses in Norway, USA and Brazil. Siemens Subsea, which manufactures subsea connector and measurement technology, has experienced low cust
Gardline Combines Two Companies
Gardline Group’s wholly-owned companies Marine Ecological Surveys Ltd (MESL) and Marine Planning Consultants are set to integrate on May 01, 2017. The two companies are active in marine environmental survey, consultancy, impact appraisal and marine planning. The combining of the two companies will u
Work in Progress for Second Galloper Export Cable Landing
The final phase of Galloper construction work at Sizewell beach has been reported well underway with the team preparing for the installation of the second and final export cable for the offshore wind farm. The cable will bring the power generated from the offshore wind farm to the onshore substation
TechnipFMC Scoops ExxonMobil Liza Subsea Deal
TechnipFMC has been awarded a contract by an affiliate of ExxonMobil for the engineering, manufacture and delivery of the subsea equipment for the proposed Liza deep-water project. The award scope includes seventeen total enhanced vertical deep water trees and associated tooling, as well as five man
Van Oord Orders SMD Trencher
Soil Machine Dynamics (SMD) has secured a contract with Van Oord for the manufacture and delivery of a QTrencher 1600. This contract follows the deployment of SMD’s QTrencher 1400 on Van Oord’s Gemini Wind Farm. Scheduled for delivery in Q1 2018, the trenching machine will be supplied with an SMD de
Heerema CEO Steps Down
Heerema Marine Contractors has informed that Jan-Pieter Klaver has decided to step down as the company’s chief executive officer. Klaver will leave after having worked for Heerema for more than 26 year, including 8 years as HMC’s CEO. According to the company, it has been agreed that he will leave t