Subsea
Highlights of the Week
Subsea World News has put together a recap of the most interesting articles from the previous week (October 29 – November 04). https://subseaworldnews.com/2018/11/01/mcdermott-bags-pipeline-deal-from-petrobras/ https://subseaworldnews.com/2018/10/31/russian-divers-reach-416-meters-record-in-sea-of-j
Eidesvik Names New CFO
Eidesvik has appointed Tore Byberg as the new chief financial officer. Byberg has comes from the position of CFO of Altibox, a position he has held since 2015. Prior to this, he was in Seadrill companies and held leading positions within finance. Byberg will start in his new position at latest Febru
Nord Stream 2 Finland Monitoring Report Shows Minor Impacts
Nord Stream 2 AG has submitted the results of its first quarterly environmental monitoring report for the Q2 of 2018 to the relevant national authorities in Finland. The report presents the findings of the environmental monitoring carried out between April and June 2018 during preparatory activities
Mærsk Mobiliser Ready for Action
Mærsk Mobiliser has been delivered from Kleven yard – the fifth vessel in a series of six anchor handlers for Maersk Supply Service. Built for deepwater operations, the so-called Starfish series is equipped with a range of innovative features, securing all the sister vessels work from the very begin
Hydrex Shows Off Bow Thruster Removal Skills
Underwater repair and maintenance specialist, Hydrex, has recently removed a bow thruster, that needed to be overhauled, from a 300-meter container ship. This was done during a stop in Italy. Hydrex team mobilized from the Antwerp fast response center to the vessel’s location. After they set up a mo
Polarcus Shrinks Loss
Seismic player Polarcus has reduced quarterly loss when compared to third-quarter 2017 as revenues increased some 49 percent with prefunding of multiclient revenue recognized in accordance with IFRS (International Financial Reporting Standard). The Oslo-listed company reported net loss for the quart
Loss Widens for EMGS
Norwegian geophysical services company EMGS has slipped deeper into the red when compared to third-quarter 2017, with revenues down some 44 percent and net loss widened by 10.8 million. The Oslo-listed company reported net loss for the quarter ended September 30, 2018 of $11.2 million or 9 cents per
€8M for Ocean Energy R&D
The Ocean Energy ERA-NET Cofund (OCEANERA-NET COFUND) consortium partners have set up €8 million funding for eight research and demonstration projects in the field of ocean (marine) energy. These projects will test and validate new technologies for wave, tidal and ocean thermal energy production. Th
IMCA Reveals New Guidance for Divers
The International Marine Contractors Association’s (IMCA) newly published ‘Guidance on Health, Fitness and Medical Issues in Diving Operations’ (IMCA D 061) has been prepared in response to concerns about how best to address certain problematic diver health, fitness and medical issues identified by
Wärtsilä Acquires Spanish Underwater Services Provider Burriel Navarro
Wärtsilä has acquired Burriel Navarro, a company operating in underwater services in the main ports of Spain. The acquisition supports the growth of Wärtsilä’s underwater services and expands the company’s local presence in the European market. Burriel Navarro will be part of Trident, a Wärtsilä com
Russian Divers Reach 416 Meters Record in Sea of Japan
Russian military divers have successfully carried out a dive to a depth of 416 meters for the first time in the history of the Russian Navy. The Navy Research Institute and a separate expedition detachment of divers aboard the Igor Belousov Pacific Fleet rescue ship descended into the deep sea of th
Magseis Snaps Up Fairfield in $233M Deal
Magseis and Fairfield Geotechnologies have entered into an agreement whereby Magseis will acquire the Seismic Technologies business from Fairfield. The acquisition comprises data acquisition, nodal and system sale & rental activities including all shares in Fairfield’s wholly owned UK subsidiary WGP
New Managing Director Joins MacArtney Norge
MacArtney has welcomed Bjørn T. Akselsen as new managing director of MacArtney Norge, effective November 01, 2018. Bjørn T. Akselsen brings with him extensive international business development and management experience. Having recently returned from almost a decade in Houston, Texas, as the directo
Total to Extend Skirne and Byggve Lifespan
Total E&P Norge has been given consent to use Skirne and Byggve offshore gas fields beyond the originally planned operational life. Skirne and Byggve deposit is in the central North Sea, 20 kilometers east of Heimdal at water depth of 120 meters. The field has been developed using two subsea templat