Subsea
EMGS Up on Profits
Electromagnetic Geoservices (EMGS) has recorded revenues of USD 52.5 million in the fourth quarter 2014, up from USD 41.7 million in the third quarter and from USD 44.9 million in the corresponding quarter in 2013. Contract sales totaled USD 25.5 million, while multi-client sales were at USD 27.0 mi
McDermott Gets VP of Investor Relations
McDermott has announced that Darcey Matthews has joined McDermott as Vice President, Investor Relations, effective February 2, 2015. Matthews is based in Houston. “Matthews’ fast-paced, global and client-service focused career, combined with her diverse background in trading, sales, business develop
Pieter Schelte Unwanted in UK Waters
Yesterday’s announcement from Shell on awarding the Brent field decommissioning contract to the Allseas’ Pieter Schelte attracted comments and reactions from maritime workers union. According to RMT “a vessel which is named after a top German Nazi jailed for war crimes at the end of the war,” doesn’
Island Offshore Lands Maersk Oil Charter
Island Offshore has secured a contract from Maersk Oil North Sea UK covering the time charter of the purpose built walk-to-work, subsea support vessel Island Crown. The company said that the duration of the contract is 100 days, with options to extend the contracts further. The vessel will start the
GC Rieber Not Getting Paid for Reef Subsea Sale
GC Rieber Shipping ASA said that The HV V Golf companies have not fulfilled the obligations related to the seller’s credit, regarding the sale of the company’s shares in Reef Subsea. Namely, after Reef Subsea had a significant negative result in the fourth quarter 2013, on January 28 2014, the Norwe
Nexans’ Umbilicals for Statoil’s Visund Field
Statoil’s Visund oil and gas field, located in the Tampen area of the Norwegian North Sea, will be the fifth project to use standard umbilicals developed by Nexans. The standardised umbilicals are made up of electrical and fibre optic cables as well as hydraulic and chemical lines. Nexans will deliv
NOAA Calls for Input on Flower Garden Banks Expansion
NOAA’s Office of National Marine Sanctuaries is soliciting public and stakeholder comment on a recommendation to modify the current boundaries of the Flower Garden Banks National Marine Sanctuary in the northern Gulf of Mexico. This is the first step in a process that could expand the sanctuary. All
WGK Nets FEED Contract for GWF Phase 2
Wood Group Kenny (WGK) has secured a contract with Woodside to provide the front end engineering design (FEED) of the flowline system, and associated procurement support, for the proposed Greater Western Flank Phase 2 (GWF-2) development offshore Western Australia. The scope of work includes enginee
VIDEO: VBMS in Luchterduinen OWF Export Cable Setup
In October 2014, VBMS installed the export cable for the Eneco Luchterduinen Offshore Wind Farm, executed by the CLV Ndurance and the Trenchformer. The multi-purpose trencher, developed and built by VBMS and Boskalis, used its jetting sword to bury the cable 3 metres deep near shore. This video show
Damen Gets ‘Global 1200’ Upgrade Job from Technip
Damen Shiprepair Rotterdam (DSR) has been awarded a contract by Technip, for dry-docking, upgrades and operational modifications to the deepwater rigid pipe S-lay and heavy lift vessel, the Global 1200. The Global 1200 is the first of two deepwater rigid pipe S-lay and heavy lift vessels owned by Te
Prysmian Plans Expansion in Romania
Prysmian Group has announced new development plans to strengthen its operations in Romania, as a further step of the investment plan started in 2013 with the opening of a newly built optical cable plant in Slatina. The announcement of a Memorandum of Understanding to study a submarine connection bet
ORPC Solutions Appoints New President
Ocean Renewable Power Company (ORPC) has named John M. Ferland as a President of ORPC Solutions, the company’s wholly owned subsidiary offering project development, licensing, and strategic services to river and ocean energy projects. Ferland will continue in his role as ORPC’s Vice President of Pro
Bourbon 2014 Revenues Up 6.7%
French vessel owner and offshore services provider, Bourbon, has posted an increase in fourth quarter 2014 (Q4) adjusted revenues and a 6.7% rise in full year adjusted revenues despite the harsher market towards the year end. The company generated a total of €1,385 million in full year adjusted reve
Reach, MMT Complete Surveyor Interceptor ROV Tests
Reach Subsea and MMT Sweden have recently finalized successful offshore tests on the new Surveyor Interceptor ROV from the vessel Edda Fonn. Sea trials with the new SROV have been performed to collect background data for a specialized handling system, to test speed, maneuverability, stability, cable