Subsea
Vos Prodect Provides Cable Protection in Greece
Vos Prodect Innovations has delivered cable protection systems (Pro-CPS) for the repair and protection of fiber optic cable in Greece. Redband, having 20 years of experience in the field of telecommunications, has used the systems of Vos Prodect. The systems have been installed on the cable by diver
Deep Down Wins $3 Mln Flying Leads Order
Deep Down, an oilfield services company specializing in complex deepwater and ultra-deepwater oil production distribution system support services, has received an order for flying leads and ancillary equipment directly from one of the supermajor operators. The flying leads will be delivered and depl
Osiris Qualifies as Approved Supplier with BP Global Diving
Osiris has successfully passed an audit with BP Global Diving that sees them reach approved supplier status to carry out surface supplied air and nitrox diving and ROV services within UK and European waters in upstream and downstream projects. The audit took place towards the end of 2014 and was con
Huisman Installs ‘Ceona Amazon’ Pipelay System
Huisman Equipment has installed the 570mt Pipelay System onboard Ceona’s Ceona Amazon at the Huisman Schiedam quayside, the company informed through their social media. In December last year, Huisman welcomed Ceona’s Amazon newbuild pipelay vessel following it’s delivery and christening in Bremerhav
Dolphin Expects Revenue Growth
Oslo-listed Dolphin has announced it expects full year revenue to exceed USD 500 million for 2015, representing a growth of 15-20% compared with 2014. According to the company, the Multi-Client investments will primarily be made in prospective offshore areas. Dolphin expect to allocate 15-20% of 3D
EMAS Sees Profits Rise
EMAS Offshore has reported net profit of US$148.4 million for the first quarter ended November 30, 2014 (1QFY2015), a significant increase from the US$13.0 million for 1QFY2014. The higher net profit is boosted by a US$137.5million bargain purchase gain arising from the completion of the business co
EMGS Gets New CEO
The new Board of Directors of Electromagnetic Geoservices ASA (EMGS) has appointed Bjarte H. Bruheim as Chief Executive Officer of the Company effective from 7 January 2015. Bjarte Bruheim has been the Executive Chairman of EMGS since July 2004, and he has extensive experience from the oil service s
Deep Ocean Currents Protect Tropical Corals
Researchers from Alfred Wegener Institute, Helmholtz Centre for Polar and Marine Research, GEOMAR Helmholtz Centre for Ocean Research Kiel and Phuket Marine Biological Center observed internal waves preserving corals in the Andaman Sea. Because satellites do not detect these small-scale phenomena, l
2H Offshore Takes Part in DNV GL JIP on TCP Design
2H Offshore, an Acteon company, has teamed up with oil and gas industry leaders to develop a new design guideline for thermoplastic composite pipes (TCP). The Joint Industry Project (JIP) aims to advance the understanding and use of composite materials in the offshore industry. The Joint Industry Pr
Study: Wave Energy Integration Cheaper than Alternatives
A new analysis suggests that large-scale wave energy systems developed in the Pacific Northwest should be comparatively steady, dependable and able to be integrated into the overall energy grid at lower costs than some other forms of alternative energy, including wind power. The findings, published
CGG Completes 2014 Debt Refinancing Program
On 23 December 2014, CGG completed its 2014 debt refinancing program with the amendment and extension of its Nordic credit facility led by Nordea. The credit amount was increased from $175m to $250m and the maturity extended from May 2018 to December 2019. During the year 2014, CGG successfully rene
SmartBay Ireland, SmartBay Newfoundland Team Up
SmartBay Ireland has entered into a trans-Atlantic collaboration agreement with the Fisheries and Marine Institute of Memorial University of Newfoundland in St. John’s, Newfoundland and Labrador, Canada, Dublin City University and the Marine Institute Ireland. The Memorandum of Understanding was sig
Report: OW Installation Vessel Market at 3 Bln by 2020
Reportstack has announced the publication of market research report on Offshore Vessels and Cables Market which says that the market is expected to register substantial growth between 2014 and 2020. Reportstack’s report provides an understanding of the type of vessels required for offshore wind farm
Beatrice OWF UXO Survey Starts This Month
BOWL will be undertaking a unexploded ordnance (UXO) survey, scheduled to start in early January 2015. Beatrice Offshore Windfarm Limited (BOWL) is the joint venture partnership formed between SSE Renewables (50%), Repsol Nuevas Energias UK (25%) and Copenhagen Infrastructure Partners (CIP; 25%). Th