Subsea
Aker Solutions to Trim Salaries
Aker Solutions will temporary reduce wages of its Norwegian maintenance, modifications and operations (MMO) employees, the company said Thursday. Starting in March, senior management will see their pay lowered by 10 percent while the remainder of the staff will see reductions of 5 percent. The adjus
Jumbo Delivers Normand Maximus VLS
Jumbo’s mv Fairmaster transported a 1,720t vertical lay system (VLS) from La Rochelle in France to Brattvaag in Norway, destined for the largest vessel in Solstad’s fleet. The VLS, measuring 32x16x44 meters will be one of the main features of the 178 meters long subsea construction vessel Normand Ma
OSD-IMT Bags Research Vessel Order from TORI
OSD-IMT has secured an order for an IMT2001 scientific research vessel for the Taiwanese Ocean Research Institute (TORI). It will be used for supporting long-term oceanographic observation programs including operating unmanned ROVs, terrain survey and mapping, seismic pattern detection, long-core sa
Dril-Quip to Set Up Singapore R&D Center
Dril-Quip is establishing a research and development facility in Singapore focusing on materials and products suitable for high pressure and high temperature (HPHT) applications. The new facility, which is expected to open in 2017, will serve as an additional hub for research and development activit
Subsea 7, NOV Scoop Sea Lion FEED Awards
Subsea 7 and National Oilwell Varco (NOV) have won the front end engineering and design (FEED) contracts for the Sea Lion project, Rockhopper Exploration informed today. Namely, the FEED contract for SURF transport and installation has been awarded to Subsea 7, while NOV scored the flexibles FEED de
EMGS Slumps to Loss
Norway’s Electromagnetic Geoservices (EMGS) has plunged into the red in the fourth quarter of 2015 on weak market and restructuring charges related to the company’s cost reduction program. The Oslo-listed company posted net loss of USD 24.1 million, compared to net income of USD 13.1 million in the
Neptune Secures Kitan Disconnection Job
Neptune has been awarded an air diving services contract by Technip Oceania (Technip) for the Kitan disconnection project. The project includes the provision of air diving services to assist with the disconnection and abandonment of risers, mooring chains and the umbilical from the Glas Dowr FPSO in
Oceaneering Sees Profit Drop
Subsea engineering specialist, Oceaneering, has reported net income of $27.5 million, or $0.28 per share, on revenue of $722 million for the three months ended December 31, 2015. Adjusted net income was $57.4 million, or $0.58 per share, excluding the $45.9 million pre-tax impact of asset write-down
Technip Confirms Statoil Contracts
Technip was awarded by Statoil two contracts for infield pipeline construction for the Johan Sverdrup Development and the Oseberg Vestflanken 2 projects. The first development phase of Johan Sverdrup field, one of the largest oil fields in the North Sea, is targeted to be on-stream in 2019. The Oseb
Australian Maritime College to Build AUV Research Base
Australian Maritime College (AMC) at the University of Tasmania plans to build a new $750,000-facility dedicated to development of underwater robotic technologies. AMC’s autonomous underwater vehicle (AUV) facility will be home to a fleet of robots used to survey the ocean’s depths and collect scien
Rana Wins FSO Gaza Diving Job
EMAS AMC has hired Italian diving specialist Rana to provide diving services for the installation and hook up of the new floating storage and offloading (FSO) vessel Gaza. The FSO Gaza will replace the FSO Sloug at Bouri field located 120 kilometers north of the Libyan coast in the Mediterranean Sea
Huisman CEO Resigns
Huisman’s chief executive officer André Meijer will step down from his position, with immediate effect, the company informed Wednesday. The company said it will implement an internal solution and adjust the management structure accordingly, if required. André Meijer took the job in August 2015 after
Harkand Wraps Up Trinidad and Tobago Campaign for BPTT
Harkand has completed an inspection, repair and maintenance (IRM) campaign for BP Trinidad and Tobago (BPTT) utilising the ‘Harkand Da Vinci’ diving support vessel (DSV) and the company’s new hyperbaric rescue facility (HRF) in the Caribbean. The IRM scope included deadleg inspection of BPTT offshor
PHOTO: North Sea Giant Makes Pit Stop at Aibel
One of the largest subsea construction vessels the North Sea Giant has been spotted in the dock at Aibel’s yard in Haugesund. According to Aibel, about 100 Aibel workers are engaged on the vessels’ several modification tasks. “For instance, we are installing a new nitric oxide facility, overhauling