Subsea
Viper Subsea Branches Out into Other Markets as Viper Innovations
Viper Subsea is said to be preparing to diversify and grow its business by transferring its technology into new markets. In preparation, Viper Subsea Technology Limited has formally changed the name of the registered company to Viper Innovations Ltd. The trading name of Viper Subsea will continue to
Magseis Sees Deficit Grow
Norwegian seabed seismic services player, Magseis, has seen red ink at the end of the third quarter 2016 as it booked impairment of asset related to the conversion of seismic node technology. The Oslo-listed company has seen its revenue up to USD 13 million from USD 12.8 million same time last year.
UK Scientists Release Underwater Noise Study
The Centre for the Environment, Fisheries and Aquaculture Science (Cefas) has teamed up with Marine Scotland Science and the University of Exeter to analyse underwater noise data from subsea sound recorders located around the UK coast. The results of the Defra-funded study have now been published in
Barakah Wins Pipe Replacement Contract for Labuan Crude Oil Terminal
Barakah Offshore Petroleum’s subsidiary, PBJV Group, has received the Letter of Award (LoA) from Sabah Shell Petroleum Company (SSPC) to provide effluent discharge pipeline replacement for Labuan Crude Oil Terminal. Labuan Crude Oil Terminal (LCOT), operated by SSPC, is a facility that receives, deh
University of Bridgeport Engineers to Get First-Hand Sub Experience
The University of Bridgeport has obtained an 8-foot, 2,300-pound submarine for educational purposes. The submarine, called “Explorer,” is on loan to the school for an extended period of time to be used by engineering faculty and students for research and experimentation. Alan Winnick, a Westport-bas
Polarcus Nets Asia Pacific Seismic Deal
Dubai-based seismic contractor, Polarcus, said it has secured a new contract for a broadband 3D marine seismic project. According to the Oslo-listed company, the survey will be carried out in Asia Pacific. The duration of the project should be approximately six weeks. Polarcus did not disclose the v
AxFlow Acquires Process Partner (Norway)
AxFlow has extended its business in Norway with the acquisition of Process Partner, experts in process instrumentation, calibration and gas detection equipment for offshore and onshore industries. With 570 employees and sales of €175 million, AxFlow is the distributor of industrial fluid handling eq
AutoNaut Becomes Partner of NOC Innovation Centre
AutoNaut Ltd has formally become a partner with the Marine Robotics Innovation Centre. A desk in the innovation centre will be utilized by AutoNaut technical and business development personnel to work alongside the NOC’s marine autonomy and robotics team. The NOC first worked with AutoNaut in 2013 o
Nautilus Completes Another Piece of Solwara 1 Puzzle
Nautilus informed that factory acceptance testing (FAT) of the riser tooling and the subsea pull-in skids for its Solwara 1 mineral exploration project was successfully completed this week in Poland and the USA respectively. The riser tooling, which was designed by GMC in Houston, is a piece of equi
China Selects Sonardyne Acoustics for Six New Research Vessels
Sonardyne Asia has informed that its Ranger 2 underwater acoustic positioning technology has been selected for six new Chinese scientific research vessels. The new order, announced during the OI China exhibition and conference in Shanghai, follows last month’s news that the Polar Research Institute
Oceanteam Narrows Loss
Oslo-listed Oceanteam has booked net loss of some $600K for the third quarter ended September 30, 2016. This result compares with $6 million loss in the corresponding period in 2015. The Norwegian-Dutch offshore service provider generated $11 million in operating revenues, down approximately 16% com
Aker BP Begins Production from Viper and Kobra
Aker BP has started the production from Viper-Kobra project, which is tied back to the Alvheim FPSO. “The Viper-Kobra project is developed on time, on budget and is a small, but important project for Aker BP. Viper-Kobra leverages on the existing infrastructure in the Alvheim area, thus ensuring max
Subsea 7 Ups Q3 Result
Oslo-listed Subsea 7 has lifted its profit in the third quarter ended September 30, 2016, on high utilisation of its active fleet, combined with previously announced cost cuts and more favorable tax rate, compared to the prior-year quarter. Despite revenue drop of 23 percent compared to Q3 2015, the
Technip Bags Gulf of Mexico Umbilical Deal
Technip’s wholly-owned subsidiary Technip Umbilicals has been awarded a contract by an undisclosed operator to supply a subsea control umbilical in the Gulf of Mexico. The contract includes the project management and manufacture of several kilometers of a static and dynamic unarmoured steel tube umb