Subsea
FMC Technologies Orders SolidCitric Products from Jupa
Jupa, a Norway based company, has been awarded a contract to supply FMC Technologies with SolidCitric products for use on the new CAT-D rig Songa Encourage. Jupa will supply SolidCitric cartridges and associated adapter tooling, and the products will be used for acid cleaning of equipment installed
LiDAR Data Applied for 3D Printing of Subsea Well Part
Fugro and 3D at Depth, a provider of subsea LiDAR systems and solutions, have used subsea LiDAR data to 3D-print an accurate 1:1 physical model of a damaged well part. The subsea part fabrication was part of a larger project conducted in early 2016, using 3D at Depth’s subsea LiDAR SL 2 technology a
Armada Kraken FPSO Starts Offshore Commissioning
The floating, production, storage and offloading (FPSO) vessel for the Kraken development has completed its shore-based commissioning activities at the quayside in Singapore and has also completed the vessel’s inclination testing programme. The FPSO, named Armada Kraken, has left the yard and is now
Neptune’s HRV Supports DOF Subsea Australia
Neptune Marine Services has been awarded a contract to provide a hyperbaric rescue vessel (HRV) to DOF Subsea Australia. This is the first project for Neptune’s vessel, Offshore Guardian, and will see the vessel providing support to the client’s saturation diving campaign on the North West Shelf, th
NTT Com Launches Asia Pacific Gateway Subsea Cable
NTT Communications Corporation (NTT Com) has launched the Asia Pacific Gateway (APG), a submarine cable network connecting regions and countries in Asia. The APG connects mainland China, Hong Kong, Taiwan, Japan, Korea, Malaysia, Singapore, Thailand and Vietnam. With a total length of 10,400 km, the
Normand Maximus Begins Saipem Charter
Solstad Offshore has taken delivery of the offshore subsea construction vessel “Normand Maximus” through the 25/75 owned affiliate, Maximus Limited, with AGC Maritime Yield Fund I LP from Vard Brattvaag. At the same time, the vessel started its 8-year charter contract with Italian contractor Saipem.
SeaBird Sells Hawk Explorer
SeaBird Exploration has reached an agreement for the sale and decommissioning of the vessel Hawk Explorer. The decommissioning of the vessel is a part of the company’s efforts to reduce cost and adjust fleet capacity to better reflect current market demand, SeaBird explained. The company will retain
Veja Mate Foundations Installation Complete
Foundations installation has been completed on the Veja Mate offshore wind farm on October 27, 2016, Veja Mate Offshore Project GmbH informed. The foundation contractor Offshore Wind Force VM (OWF), part of Boskalis, installed all 67 foundations in the German North Sea by using Scylla jack-up vessel
Lighthouse to Distribute Sound Metrics Sonars
Lighthouse has recently signed an agreement with the American company Sound Metrics for the exclusive distribution in Italy of their line of ARIS Sonars. Based in Bellevue, Washington, from 2002 Sound Metrics designs and manufactures imaging sonars that can be deployed from vessels, ROVs and AUVs. A
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 17 – October 23). Saab Seaeye manufactures electric powered remotely operated vehicle (ROV) systems for a wide range of professional applications. The range currently extends from the portable
AKVA Group Acquires Subsea Technology Company Sperre
AKVA Group has entered into an agreement to purchase 66 percent of the shares in ROV and subsea technology company Sperre. The purchase price for the shares is based on an enterprise value of Sperre on a 100% basis of NOK 126,900,000, with customary adjustments for net debt and deviations from a nor
Aker Solutions Books Lower Quarterly Profit
Aker Solutions has reported a net income of NOK 169 million, or NOK 0.37 in the third quarter 2016 versus net income of NOK 220 million, or 0.75 NOK a year earlier. Revenue declined to NOK 6 billion in the quarter from NOK 7.5 billion a year earlier amid a market slowdown. In Subsea segment Aker [&h
Oceaneering Retires 39 ROVs in Q3 as Red Ink Flows
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. During the corresponding period in 2015, Oceaneering reported net income of $68.5 million, or $0.70 per share, on revenue of $744 million. Adjusted net in
Forum Swings to Quarterly Loss
Forum Energy Technologies, Houston-based oilfield products company, recorded net loss in the third quarter of $18 million, or $0.20 per diluted share, compared to net income of $6.7 million, or $0.10 per diluted share, for the prior-year period. The revenue recorded for the third quarter 2016 was $1