Subsea
Damen Modifies REM Saltire
Damen Shiprepair Vlissingen has recently completed a reconfiguration programme on a 111-metre subsea construction vessel REM Saltire. The vessel first underwent the demobilisation of a Q1600 Trenchertrenching system under the supervision of marine contractor Van Oord, before being mobilised for its
Claxton Opens Norwegian Office
Claxton, a part of Acteon, has opened a new office in Stavanger, Norway. The company has had a presence in Norway for six years and a local business development manager who acted as a focal point for clients in the region. The new office is alongside that of sister company InterMoor in Dusavik, Stav
C-Kore Rolls Out Sensor Monitor Tool
C-Kore Systems has released a new subsea testing tool, the C-Kore Sensor Monitor. According to the company, the Sensor Monitor can be used in decommissioning, fault-finding and construction campaigns to provide feedback from subsea sensors, such as wellhead pressures and temperatures, even when a su
Kawasaki Launches UK Subsidiary for AUVs Production
Kawasaki Heavy Industries has launched Kawasaki Subsea (UK) Limited in Aberdeen, its new subsidiary specializing in the production, sale and post-sale servicing of AUVs. With a focus on the growing demand for pipeline maintenance in offshore oil and gas fields, Kawasaki has been developing an AUV eq
Applied Acoustic Engineering Boosts Sales Team
Subsea positioning and marine seismic products manufacturer, Applied Acoustic Engineering, has welcomed Hollie Moran as the new sales manager for the EMEA region. In her new role Hollie will focus on expanding the sales of the Applied Acoustics range of USBL positioning and tracking systems and sub-
BHGE Delivers $131M in Q4
Baker Hughes, a GE company, (BHGE) has reported profit of $131 million or 28 cents per diluted share on GAAP basis for the quarter ended December 31, 2018. Adjusted diluted earnings per share were 26 cents per share. The company generated revenue of $6.26 billion for the quarter, up 11% sequentially
Six Companies Collaborate on New Scour Protection Project
Great Yarmouth’s Seabed Scour Control Systems (SSCS) is leading a new £1m project to develop an innovative self-installing scour protection system that could save the average wind farm approximately £8.6m over its lifetime. The Innovate UK-backed, 20-month Self-Installing Scour Protection for Offsho
PGS Narrows Losses
Petroleum Geo-Services (PGS), reported loss for the fourth quarter ended December 31, 2018 of $23.5 million versus loss off $195 million in the prior-year quarter. Basic loss per share was 7 cents per share, improving from 58 cents per share loss same time last year. Norway-based PGS generated $270
Jan de Nul Selects Tekmar for Northwester 2 Project
Tekmar Energy has been selected by Jan De Nul to provide its Cable Protection System (CPS) TekLink Mechanical Latch for the Northwester 2 offshore wind farm. Northwester 2 will be the sixth wind farm in the North Sea off the Belgian coast, consisting of 23 turbines and will provide a total of 219 MW
Nemo Link Goes Live
Belgian and British transmission system operators, Elia and National Grid, have started the commercial exploitation of the first subsea interconnector between Belgium and the UK – the Nemo Link. Energy exchanges have started with an average of 773 MW to be exchanged and a total amount of 18,559 MWh
New Iceland Subsea Cable in Preparation
The Telecommunication Fund of Iceland and Farice, the operator of two submarine cables to Iceland, have signed a Desk Top Study (DTS) work agreement. The DTS work involves selecting landing sites for a new submarine cable to Europe as well as project management for a seabed survey expected to take p
EMGS Sees More Red Ink
Norwegian geophysical services company EMGS has slipped deeper into the red when compared to fourth-quarter 2017, despite revenues growth of some 24 percent. The Oslo-listed company reported net loss for the quarter ended December 31, 2018 of $7.1 million or 5 cents per share, versus loss of $6.2 mi
TechnipFMC Scoops Up Lundin iEPCI Contract
TechnipFMC has been awarded an integrated engineering, procurement, construction and installation (iEPCI) contract from Lundin Norway for the Luno II and Rolvsnes development in the North Sea. The contract, said to be worth between $250 million and $500 million, covers the delivery and installation
UTM Consultants Welcomes ROV Business Manager
Cornwall-based marine recruitment specialist UTM Consultants has appointed William Best as a new business manager. The appointment follows the recent opening of a new office in Bristol where he will be based. Best will head up the ROV, Autonomous Vehicles & Inspection business line of UTM Consultant