Subsea
Newton Labs Appoints J. Bornhoeft as Sales Agent
Newton Labs has appointed J. Bornhoeft as its sales representative for underwater laser scanners in Germany, Austria and Switzerland. The Newton subsea laser scanners operate at depths up to 4000 meters and capture raw as-built data to within 0.005 inches, the company said. J. Bornhoeft will include
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 31 – November 06). Oceaneering reported a net loss of $11.8 million, or $(0.12) per share, on revenue of $549 million for the three months ended September 30, 2016. At the end of September, Oc
Siem Looks to Invest into Farstad
Norwegian shipowner Farstad Shipping and a company in the Siem Industries group (Siem) have entered into a non-binding letter of intent for the financial restructuring of Farstad Shipping, with Siem or a fund managed by Siem as a key equity investor. To remind, Farstad and a majority of its secured
TechnipFMC Nets Trestakk Field EPCI
FMC Technologies and Technip alliance has received an integrated engineering, procurement, construction, and installation (EPCI) contract from Statoil for its Trestakk field in the Norwegian Sea. The contract was won based on an optimized subsea field layout, accomplished through close collaboration
SeaBird Posts Wider Loss
Oslo-listed SeaBird has seen more red ink in the third-quarter 2016, on decreased revenue due to lower utilization and reduced fleet size. The seismic data provider for oil and gas companies posted loss of around $3 million or $0.97 per diluted share for the third quarter of 2016, compared to net lo
Subsea Development Concept Selected for Pil & Bue
The operator of the Pil & Bue discoveries, VNG Norge, has selected a subsea development solution tied back to the Njord platform in the Norwegian Sea as the preferred concept for development of the Pil & Bue. The discoveries are located in the licence PL586, where VNG is the operator with 30% intere
Oil Search Hires Neptune for Diving Work Off Papua New Guinea
Neptune Marine Services has been awarded a diving contract by Oil Search under its existing Master Services Agreement for inspection, maintenance and repair (IMR) works in Papua New Guinea. The contract, for which the engineering phase has started, includes the provision of diving services for facil
SeaBird Gets Gulf of Guinea Work
SeaBird Exploration, a provider of seismic data acquisition, has signed an agreement to provide a source vessel for an upcoming ocean bottom seismic survey in Gulf of Guinea. The project is anticipated to start in late Q4 2016 and will have a duration of approximately two to three months. SeaBird sa
Shearwater in CEO Hunt
Shearwater GeoServices, a new marine geophysical company jointly owned by GC Rieber Shipping and Rasmussengruppen, has initiated a process to recruit a permanent CEO. Irene Waage Basili was appointed interim CEO of Shearwater on October 13. In anticipation of a permanent CEO, Waage Basili will tempo
Kongsberg Introduces GeoSwath 4 Multibeam Echo Sounder
Kongsberg Maritime has launched GeoSwath 4, the fourth generation of its GeoSwath shallow water multibeam echo sounder. GeoSwath 4 features a new look deck unit, which is smaller and lighter, with sufficient Ethernet, USB and serial interfaces to suit any combination of peripheral sensors. Inside, t
Maersk Supply Service Launches Integrated Solutions Business
Maersk Supply Service has launched a new Integrated Solutions business. With vessel operations remaining the core business, Maersk Supply Service will in addition bundle services and manage sub-contractors to offer a more simplified and efficient operation to customers, the company explained. “As th
Royal Navy Divers Clear Garvie Island UXO
Fifteen Royal Navy clearance divers from the Clyde-based Northern Diving Group (NDG) recently traveled to Cape Wrath in Scotland to tackle unexploded ordnance left over from military exercises. The military training range at Cape Wrath is an important defence asset, a remote 107-square miles of moor
Van Oord Bags Subsea 7 Contracts in Egypt
Van Oord has been awarded two contracts by international contractor Subsea 7 in Egypt. The assignments include the construction of a landfall and the execution of subsea rock installation works, the company informed. The projects are part of the West Nile Delta project, which comprises the developme
Omantel Links Asia and Africa with Two Subsea Cables
Omantel Telecommunications Company (Omantel) plans to interconnect two submarine cable systems to connect Asia and Africa. According to the media reports, the company will interconnect the Gulf of Africa (G2A) and Silk Road Gateway –1 (SRG -1) cable systems. G2A links Oman and Somalia with onward co