Subsea
VIDEO: STS’ Predator Dredger on Trials in Fort William
Subsea Tooling Services (STS) has recently completed final tests of their new Predator Subsea Dredger at The Underwater Centre’s open-water site in Fort William. According to The Underwater Centre, their main objective was to prove that the Predator Subsea Dredger was as efficient, if not better, th
Subsea UK Awards Winners Revealed
The outstanding achievements and innovative technologies devised by some of the country’s leading subsea companies over the past 12 months were recognised at Subsea UK Awards. The gala event, which was attended by over 850 people, closed the opening day of Subsea Expo and was sponsored by Forum Ener
GE Oil & Gas Invests in Montrose Facilities
GE Oil & Gas has invested more than £13.5 million across its subsea manufacturing facilities in Montrose, Scotland, enhancing the business’s test and assembly (T&A) and manufacturing capabilities. The company has completed construction of a 1,000m2 heat treat and cladding workshop at its Brent Avenu
‘Cheese Wire’ Concept for Arctic Subsea Pipelines Presented
Two innovative Ramboll engineers have developed an idea to protect subsea pipelines in the Arctic region and to avoid their collisions with icebergs. The idea, initially rewarded in the Ramboll Oil & Gas innovation competition, presents a concept for deep burial of pipelines using a “cheese wire” pr
PGS Swings to Loss
Oslo-listed seismic player, Petroleum Geo-Services (PGS), slid into the red during the fourth quarter as the company falls victim to weaker seismic market and impairments, despite revenue growth. In Q4 2014 revenues increased by $70.6 million, or 20%, compared to Q4 2013, mainly driven by higher mar
Subsea Cables UK Announces Conference in March
Subsea Cables UK, the trade association for submarine power and telecommunications cables for the United Kingdom and Northern Europe, has announced its 44th Plenary. The Plenary will be held at The Radisson Blu Royal Hotel, Dublin, ROI, hosted by Sea Fibre Networks. The Plenary will be held over 1.5
Swiber Nets Second Largest Contract in Its History
Swiber Holdings has secured its second largest contract win in the Group’s corporate history – an Engineering, Procurement, Construction, Installation and Commissioning (“EPCIC”) contract worth approximately US$310 million from a national oil company in South Asia. The project involves a full suite
Forum Earns More
Forum Energy Technologies has delivered fourth quarter 2014 revenue of $439 million, an increase of $45 million or 11%, from the fourth quarter 2013. Net income for the quarter was $46 million, or $0.49 per diluted share, compared to $35 million, or $0.36 per diluted share, for the prior year period
Dolphin in 3D Seismic Shoot Off Myanmar
Dolphin has won a contract for 3D data acquisition and processing of 10.000 square kilometers with Ophir Energy in Myanmar. In December last year, Ophir Energy secured the award of Block AD-03, located in the Rakhine Basin, offshore Myanmar. Right after the award Ophir revealed its plans to re-proce
CARIS HPD for Polish Navy Hydrographic Office
The Hydrographic Office of the Polish Navy (HOPN), responsible for navigation, hydrography, oceanography and meteorology of Polish waters, is making the move to a database driven production solution with CARIS HPD. HOPN has in recent years gained experience with CARIS’ database solutions when implem
Oceaneering Ups Profits
Subsea engineering specialist, Oceaneering, has reported increased earnings for the fourth quarter of 2014, driven by Remotely Operated Vehicles (ROV), Subsea Projects, and Advanced Technologies. The company earned net income of $102.5 million, or $0.99 per share, compared to $93.4 million, or $0.86
Beacon Offshore Appoints Manager of ROV Division
Beacon Offshore Ltd. announced the appointment of Vergne Caldwell as Manager of its Remotely Operated Vehicle (ROV) division. Caldwell will manage a fleet of ROVs provided through Seatrepid of Louisiana USA. Initially the fleet will include the Sub-Atlantic Mohican, which is a compact and powerful R
Prysmian Subsea Cables for Wikinger OWF
Prysmian Group has been awarded a contract by Iberdrola Renovables Offshore Deutschland GmbH worth a total of around EUR 60 million to supply and install wind turbine inter array cables for the Wikinger offshore wind farm. The wind farm is located within the West of Adlergrund cluster in the German
MarineSpace Wins Monitoring of London Array
MarineSpace Ltd has recently been awarded the contract by London Array Ltd to produce the Year One Post-Construction Environmental Monitoring Annual Report for the London Array Offshore Wind Farm. London Array is one of the UK’s largest offshore wind farms, located in the outer Thames Estuary. It co