Subsea
Schlumberger Cuts More Jobs, Sees Profit Halved
Oilfield services major, Schlumberger, has seen its profit reduced by almost 50 per cent as the company experienced ‘one of the steepest quarterly declines’ since the downturn started. The Houston-based company generated net income of $501 million, or $0.40 diluted earnings per share, on revenue of
SHL Chooses IHC IQIP Equipment for Dudgeon OWF Work
Seaway Heavy Lifting (SHL) has selected IHC IQIP to provide piling and handling equipment for its operations at the Dudgeon Offshore Wind Farm project in the UK. SHL’s main responsibilities cover the storage, transportation and installation of 67 monopiles, transition pieces, and an offshore substat
Sonardyne Joins NOC Marine Robotics Innovation Centre
Sonardyne International has become the newest associate member of the National Oceanography Centre’s (NOC) Marine Robotics Innovation Centre. Sonardyne and NOC have worked together on various projects, with the latest one, funded by Innovate UK, currently underway. Adam Schink, Marine Robotics Innov
Statnett Gives Green Light for Namsos-Surna Project
Statnett has decided to implement the initial construction stage of a new power line between Namsos and Surna. This comprises development of the Namsos-Åfjord and Surna-Snilldal subsections. “The decision was based on three main factors,” says executive vice president Elisabeth V. Vardheim in Statne
PHOTO: Vroon Christens VOS Sugar in The Netherlands
Vroon’s 68-meter subsea support vessel (SSV) VOS Sugar was christened today in Ijmuiden, the Netherlands. The vessel was named by Monita Horn, Operations and Chartering Administrator at Vroon Offshore Services Den Helder. VOS Sugar is the first of the two newbuild SSVs that have been constructed for
DeepOcean Scores Repsol Norge Subsea Gig
DeepOcean has been awarded a contract for provision of engineering, procurement, removal and disposal (EPRD) of Varg Subsea facilities by Repsol Norge AS. The scope of work cover subsea pre-decom survey, recovery of FPSO mooring lines, anchor piles, risers, midwater-arch buoy and subsea structures a
Swedish Navy Orders Kongsberg Equipment for New Submarines
The Swedish Navy together with SAAB Kockums has selected a sonar suite and bottom navigation technology from Kongsberg Maritime for installation on two A26 submarines, due for delivery no later than 2022. According to the company, the contract was awarded through a tender process and follows a 2015
Aqualis Teams Up with CSDC
Aqualis Offshore and China Ship Design & Research Center (CSDC) have signed an agreement to cooperate on engineering projects both in China and internationally. CSDC specialises in shipbuilding and offshore engineering services. It is a subsidiary company of China Shipbuilding Industry Corp (CSIC).
Viper Scoops Queen’s Award for V-LIFE
Viper Subsea has won a Queen’s Award for Enterprise in Innovation for its V-LIFE electrical insulation resistance improvement system. The Queen’s Award in Innovation is awarded following recommendation from the Prime Minister and was conferred on April 21, 2016. “We are honoured to receive this awar
Alewijnse to Extend Lifetime of RV Belgica
Alewijnse Marine Systems has secured a job to refit the electrical systems onboard RV Belgica, an oceanographic research vessel owned by the Belgian state. The refit will start in April 2016 and take several months to complete, the company informed. RV Belgica celebrated its 30th anniversary in 2014
Weak Market Pulls TGS into Red
Geophysical contractor TGS has posted first-quarter 2016 net loss of $20.2 million, compared to net profit of $28.6 million in the same period in 2015. This comes down to quarterly earnings per share (fully diluted) of $-0.20, down from $0.28 in Q1 2015. In line with this month’s earlier announcemen
PTEC Tidal Site Gets MMO Approval
The Perpetuus Tidal Energy Centre (PTEC) has received approval for the tidal energy generation site off the Isle of Wight. The Marine Management Organisation (MMO) has granted its approval for the offshore elements of PTEC, a 30MW tidal power project. The onshore part of the project was approved by
Nord Stream 2 Awards Voestalpine Its Largest Deal
Voestalpine has secured a new contract for the Nord Stream 2 pipeline project between Europe and Russia. After having supplied 170,000 tonnes of linepipe plates for the first part of the gas pipeline in the Baltic Sea between 2008 and 2010, the company will now produce several hundred thousand tonne
DOF Subsea Wins More than $61 Mln in Contracts
DOF Subsea has been awarded several IMR and subsea installation contracts the past months, with a total contract value in excess of NOK 500 million ($61.4 million). The contracts will secure utilization of the subsea project fleet in the regions. In the Asia Pacific region DOF Subsea has been awarde