Subsea
DOF Subsea Back in Black
DOF Subsea, a subsidiary of DOF Group, reported profit for the third quarter 2016 (Q3 2016) of NOK 170 million ($20 million), compared with loss of NOK 312 million ($37 million) in the corresponding period in 2015. In the 3rd quarter 2016, the Bergen-based company had operating income of NOK 1.13 bi
Saab Seaeye Supplies Cougar ROV for Timsah’s New Vessel
Shipbuilding and offshore services company, Timsah, has chosen Saab Seaeye Cougar XTi underwater vehicle for its new multi-purpose supply vessel, built for hire. The A1 class 2441 ton ship is rated for towing, fire-fighting and offshore support and includes a helicopter pad and accommodation for 60
Altus Grabs Maersk Oil Well Intervention Gig
Altus Intervention has won a fixed term, five-year contract to provide well intervention services for Maersk Oil. The company was awarded the contract for the provision of slickline services, coiled tubing services, well surveillance, ballistic and wireline tractor services to support Maersk Oil’s C
Iemants, Jan De Nul to Deliver Foundations for Kriegers Flak Substations
Iemants – Jan De Nul joint venture has been awarded an EPCI contract for two gravity based foundations (GBF) for Kriegers Flak offshore wind farm from Energinet.dk and 50Hertz Transmission GmbH. The Kriegers Flak is a 600 MW offshore wind farm located in the Danish Baltic Sea. Iemants and Jan De Nul
OGA Hands Out £1 for New UKCS Seismic Data Project
The Oil and Gas Authority UK (OGA) has awarded four new contracts worth approximately £1 million to Shearwater GeoServices, Geokinetics, DMT Petrologic and Quality Seismic to supply more than 10,000 kilometres of reprocessed proprietary 2D seismic data of the UK Continental Shelf (UKCS) as part of t
Oil & Gas UK Predicts Progress in Decommissioning
A new report by Oil & Gas UK forecasts a gradual but steady rise in offshore oil and gas decommissioning in the UK and Norway over the next ten years, with activity growing from a market worth over £2 billion in 2015. The report is the first survey of both the UK and Norwegian decommissioning [&hell
Ioseba Tena Switches from SeeByte to Sonardyne
Subsea technology company Sonardyne International UK, has appointed Ioseba (Joe) Tena as its new global business manager for Marine Robotic Systems. Tena joins Sonardyne with immediate effect, the company informed. Early in his career Tena worked with marine robots as a research associate at Heriot-
Impairments Sink Eidesvik
Norwegian vessel owner, Eidesvik Offshore, has posted quarterly loss as it recognised fleet impairment charge and its revenues plunged by some 35 percent in the weak market. In the third quarter 2016, Eidesvik generated revenues of NOK 201 million. Revenues in the corresponding period in 2015 were N
Island Offshore Starts Talks with Creditors
Island Offshore, acting through its general partner Amnor LLC, said it will be looking into financial restructuring options as it suffered from the general deterioration in the offshore service market. The Group said it has taken a number of measures to improve its financial situation but general ma
Technip Welcomes New Diving Support Vessel to Its Fleet
Technip’s latest newbuild, the diving support vessel (DSV) Deep Explorer, was officially named on Saturday November 12, in Norway. The naming ceremony was held at VARD’s Langsten shipyard. The vessel godmother was Heidi Brovoll-Bø, wife of Knut Bø, president of Technip’s North Sea Canada region. The
Atlantis: MeyGen Produces First Power Off Scotland
Atlantis Resorces has announced the first power from the MeyGen project site in the Pentland Firth, Scotland. The turbine, supplied by Andritz Hydro Hammerfest (AHH), was installed last week and plugged into the pre-laid cable which connects back to the onshore control centre and grid export point,
Cranemaster Signs Up Unique Group for UAE and India
Cranemaster, has appointed Unique Group as representative in UAE and India. Cranemaster units will be stored locally and Unique Group can also provide service technicians if assistance is needed. This should ensure easy access for Middle East and Indian customers to Cranemaster products and services
Fletcher Eyes Offshore Renewables
Platform supply vessel operator, Fletcher, is said to be looking into services expansion following ROV operations and boulder clearance for the renewables industry. The diversification process sees Colin Millum brought in to head up the technical team, amongst other new recruits. Fletcher will provi
Mermaid Posts Lower Quarterly Profit
Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, has seen its profit chopped by some 50 percent for the three-month period ended September 30, 2016. Namely, Mermaid’s quarterly profit came at $7.5 million, down against profit of $15.3 milion in the c