Subsea
FMC Technologies Takes Profit Hit
FMC Technologies has seen its third quarter 2015 net income slashed more than half from the prior-year quarter primarily due to the continued decline in the North American land market and the negative impact of the strengthening U.S. dollar in its subsea technologies segment. For the Q3 2015, the Ho
Ocean Aero Launches Submaran S10
San Diego-based Ocean Aero is taking orders for its wind and solar-powered surface and sub-surface vessel the Submaran S10. The Ocean Aero Submaran S10 is designed for extended autonomous ocean observation and data collection. Equipped with a retractable wing-sail that folds down for submerging, the
MacArtney Supplies EdgeTech Equipment for Tubitak MARMARA
The Scientific and Technological Research Council of Turkey, TÜBITAK, has taken delivery of a 2000-DSS combined side scan sonar and sub-bottom profiler system manufactured by EdgeTech. The system, which is supplied by MacArtney Underwater Technology, will be used on board Turkish multipurpose Resear
IMCA and ICES Take Further Steps to Improve Offshore Surveying
Two recent events have highlighted how the International Marine Contractors Association and the Chartered Institution of Civil Engineering Surveyors (ICES) are working closely to promote the importance of hydrographic and civil engineering surveying in the marine environment and the competency of th
WATCH: Åsgard Subsea Compression Ribbon-Cutting Ceremony
The world’s first subsea gas compression system went on stream September 17 at the Statoil-operated Åsgard field in the Norwegian Sea. The video above shows the official opening and ribbon-cutting ceremony for the Aker Solutions-built Åsgard subsea gas compression plant. Aker Solutions in December 2
Boskalis Sets Up Aberdeen Base
Boskalis Subsea Services has opened an office in Aberdeen dedicated to focus on growing business in the UK sector in the offshore and renewable industry. Boskalis Subsea Services provides turn-key air/sat diving, and ROV interventions with their two dedicated Diving Support Vessels “Protea and Const
Teledyne Optech Appoints General Manager for China
Teledyne Optech announced that Wenjie Wang has joined the company in the position of General Manager for China. In his new position, Wenjie will work in Teledyne’s office in Beijing to provide his experience to existing and prospective clients. Wang will report directly to Don Carswell, President of
DNV GL Gets Ichthys Verification and Classification Job
DNV GL has secured a contract to provide in-service verification and classification services to a range of facilities at the Ichthys LNG project in Australia. DNV GL has provided vendor inspection, verification and offshore classification support to the USD 34 billion venture since 2012. This latest
ZPMC to Take Legal Action Against Petrofac Over Contract Termination
Shanghai Zhenhua Heavy Industries Co. (ZPMC) informed that it will take legal actions to protect its interest in the case of termination of shipbuilding contract by Petrofac. Earlier this month Petrofac terminated the contract for building of JSD 6000, deepwater multi-purpose offshore vessel. “ZPMC
BRTP, SCHOTTEL HYDRO Secure Private Equity Funding for SPV
Black Rock Tidal Power has set up a project company (Special Purpose Vehicle, SPV) which will take over its TRITON tidal energy platform once fully commissioned for CAD 15 million. The private equity investment into the project company amounts to CAD 10.5 million. TRITON is a floating platform carry
GAC Focuses on Asia Pacific with New Appointment
GAC is strengthening its strategic focus on the Asian Pacific energy sector with the appointment of Lailah Soon as Regional Business Development Manager, Oil & Gas. Soon has more than a decade of experience in the oil & gas logistics sector in Singapore, New Zealand and Dubai. She is now drawing on
Helix Expects Challenging Q4
Offshore services player, Helix Energy Solutions, has seen its net income slide to $9.9 million, or $0.09 per diluted share, for the third quarter of 2015 compared to net income of $75.6 million, or $0.71 per diluted share, for the same period in 2014. Nevertheless, the Houston-based company bounced
Autonomous Robotics Develops Flying Nodes for OBS Surveys
Autonomous Robotics is developing a Flying Node system which operates as a swarm of autonomous underwater vehicles (AUV’s) for recording OBS data. OBS surveys record very high quality seismic data especially suitable for field appraisal and development. Using the Flying Node system, ARL predicts a t
CBRE Assists Forum with Move into New Premises
Forum Energy Technologies, is set to move into new premises at Westhill in Aberdeen, assisted in all aspects by CBRE. CBRE was asked to carry out a global audit of Forum’s commercial real estate holdings. As part of the review the decision was made to bring the majority of the Scottish companies tog