Subsea
Mermaid CFO Leaves
Mermaid Maritime, a provider of subsea and drilling services to the offshore oil and gas industry, notified that Nha-Vinh Julien Nguyen has resigned his position as the company’s chief financial officer. Reportedly, Nguyen leaves in order to pursue another career opportunity in a different industry.
ASN to Boost Two Subsea Cable Systems
Alcatel-Lucent Submarine Networks (ASN), now part of Nokia, will implement two upgrades on transpacific and transatlantic routes to further enhance global connectivity for broadband content and applications, as well as for bandwidth-intensive cloud computing services. ASN said that the upgrades shou
Mozambique Debris Confirmed as Part of MH370, Lost Towfish Recovered
The Australian Transport Safety Bureau’s report confirmed the two parts found in Mozambique belong to the lost flight MH370 that perished two years ago with 239 people onboard. The Minister for Infrastructure and Transport Darren Chester said the report pointed to both pieces being from the wing of
Helix Posts Quarterly Loss
Offshore services player, Helix Energy Solutions, has seen red second quarter in a row as its revenues declined more than 50 per cent versus the first quarter of 2015. For the first quarter 2016, the company reported a net loss of $27.8 million, or $(0.26) per diluted share compared to net income of
Aker Solutions Swings Job Axe in UK
Subsea specialist Aker Solutions has confirmed plans to reduce its UK subsea workforce capacity for about 280 permanent positions mainly in Aberdeen and London. The company has already started consultation with employee representatives, claiming a continued market slowdown as the main reason behind
PGS-GC Rieber Claim Case Goes to Second Round
PGS UK (former Arrow Seismic) has appealed the decision made by Bergen district court to dismiss claims of EUR 9 million that the company made against GC Rieber Shipping’s subsidiary Armada Seismic Invest II AS (Armada). Namely, in 2012 Arrow alleged that Armada had acted negligently when the compan
Aker Solutions Nets Lundin Norway Deal
Aker Solutions secured a framework agreement from Lundin Norway to provide engineering services for offshore developments in Norway. The agreement covers early-phase studies, pre-engineering (FEED) work, verifications and follow-on engineering for Lundin Norway. It encompasses engineering work from
Jio Sees Launch of Bay of Bengal Gateway Subsea Link
A new, 8,100 km long submarine cable, the Bay of Bengal Gateway (BBG), has been launched, Reliance Jio informed. BBG provides direct connectivity to South East Asia and the Middle East, then onward to Europe, Africa and Far East Asia. Reliance Jio owns and operates the undersea cable landing facilit
MacArtney Winch for IT International
Denmark-based underwater technology solutions provider, MacArtney, has supplied a MERMAC S30C winch, cable and termination to IT International of Halifax, Nova Scotia, for their core sampling business group. According to MacArtney, the winch has been supplied with a Focal Model 180 slip ring, 1500 m
Oceanteam Nets Turntables Deal
Oceanteam Solutions has been awarded a contract to supply 4000T and 1100T turntables and auxiliary equipment for the storage, splicing and multiple loadouts of cables to a client at Oceanteam’s own base in Velsen Noord, The Netherlands. Oceanteam Solutions is supplying engineering services, cable ha
Tritech Sells Gemini NBI Systems to Rotech Subsea
Aberdeen-based company Tritech informed that Rotech Subsea has purchased gemini narrow beam imager (NBI) systems. The sonars are to be installed in single head or dual head configuration for use on Rotech’s RS range of excavation tools. The Gemini NBI systems will run on the newly introduced Tritech
Aker Solutions Creates Jobs with New Subsea Facility in Brazil
Aker Solutions has formally opened its new subsea plant in Curitiba, Brazil. The new facility will employ about 850 people and is dedicated to machining, welding, surface treatment, assembly and testing of Christmas trees and other subsea equipment. “The facility will build on and strengthen our nea
Oil Flows from ExxonMobil’s Julia Field in GoM
Oil production has started at the Julia oil field in the Gulf of Mexico, ExxonMobil announced. The first production well is now online and a second well will start production in the coming weeks, the company said. The Julia development is located approximately 265 miles southwest of New Orleans in w
OGA Invites Tenders for UK Govt Funded Seismic Surveys
The Oil and Gas Authority (OGA) has issued an invitation to tender (ITT) for the 2016-2017 UK Government funded seismic acquisition and processing. According to OGA, the recipients of the contract will be required to survey areas over South West Britain including the Celtic Sea, Western English Chan