Subsea
Ithaca Gets Approval for Jacky Decommissioning Program
Ithaca Energy has secured an approval from the UK authorities for Jacky field decommissioning program in the North Sea. The approved two decommissioning programs consist of Jacky field installations and Jacky field pipelines. According to the decommissioning plan the wellhead platform and midline te
KNUD E. HANSEN, DTU Aqua Work of RV DANA IV Replacement
KNUD E. HANSEN and DTU Aqua at Technical University of Denmark have signed a contract on consultancy assistance for a project study and concept design of a 65 meter multidisciplinary marine research vessel to replace the aging R/V DANA IV from 1981. The concept study will clarify design drivers and
Oceaneering Finalizes Scale Squeeze Ops for AOC in UK
Oceaneering has completed scale squeeze operation on behalf of Anasuria Operating Company (AOC) in the UK. Oceaneering UK was contracted by AOC as the lead contractor to deliver the Anasuria 2018 Teal P2 scale squeeze project, located approximately 190 km east of Aberdeen. The Anasuria Cluster consi
Norway and Russia Agree on Barents Sea Seismic Acquisition
Norwegian Minister of Petroleum and Energy Kjell-Børge Freiberg and Russian Minister of Natural Resources and Environment Dmitry Kobylkin signed an agreement on mutual rights to seismic acquisition in the Barents Sea. “The agreement is a natural follow-up of the signing of the Delimitation Agreement
Jan De Nul Names Its Newest Offshore Installation Vessel
Jan De Nul Group has named its newest offshore installation vessel Taillevent, in the Belgian port of Ostend. Pauline Stassijns, granddaughter of director Dirk De Nul, baptised the vessel during the ceremony. In July 2018, Jan De Nul acquired this offshore installation vessel, at that time MPI Disco
TechnipFMC Sees Profit Rise Despite Lower Revenues
TechnipFMC has recorded higher profit in the third quarter of 2018, despite lower revenues. During the third quarter of 2018, the company reported net profit of $136.9 million, or $0.30 per diluted share, compared to $121.0 million in the same period of 2017. Total revenue was $3.1 billion compared
Golden Energy Secures Financing to Buy Two Vessels from Neptune Subsea
Golden Energy Offshore Services has secured financing and reached an agreement with Neptune Subsea to acquire its two IMR & light construction vessels Larissa and Despina. The purchase price is USD 39 million per vessel and the seller has agreed to subscribe to USD 8 million of shares in the company
OEEC 2018: Video Highlights of Day 2
Take a look at the compilation video of the last day of Offshore Energy Exhibition & Conference 2018 held in Amsterdam RAI. The final day of the 11th OEEC was packed with conference sessions, meetings, international missions, stage presentations and of course, lots of networking. The day 2 of the ev
OEEC 2018: Is Your Company Corporately Responsible?
The final day of the OEEC 2018 in Amsterdam has seen another action-packed program. The Global Oil Event was followed by technical sessions on Late Life Ops and Corporate Responsibility. Christiaan Luca, Associate Partner, Community Wisdom Partners, started the session on Corporate Responsibility wi
Aker Solutions Sees Profit and Orders Increase
Aker Solutions has strengthened earnings in the third quarter of 2018 as orders more than doubled from a year earlier amid increasing signs of a market recovery. Aker Solutions has seen its profit go up in the third quarter 2018 at NOK 155 million, versus net income of NOK 124 million same time last
Chrysaor Renews PD&MS Contract
PD&MS Group has secured a contract renewal for up to two years with UK’s Chrysaor. The award will see the firm continuing to support all of the operator’s North Sea facilities, including the Lomond, Everest and Armada installations. The Aberdeen-headquartered business has carried out operations on t
Rovco Adds Saab Seaeye Falcon DR ROV
UK subsea services company, Rovco, has expanded its ROV and hydrographic survey capabilities with the addition of a Saab Seaeye Falcon DR ROV to its fleet. The 1000m depth rated, long range Falcon DR is an electric underwater robotic system which will be used in commercial purposes and to support Ro
OEEC 2018: Video Highlights of Day 1
The first exhibition day of Offshore Energy Exhibition & Conference 2018 (OEEC) is behind us. The video shows event’s Day 1 highlights which took place at Amsterdam RAI on October 23, 2018. Guided by this year’s theme ‘Explore. Inspire. Transform.’ the three-day program consists of keynotes, themati
InterMoor Buys BEL Grapnel & Chaser Designs
InterMoor, a provider of mooring services, and a part of Acteon, has acquired all intellectual property of the BEL Grapnel & Chaser (BEL) company. The acquisition includes drawings, designs, and cast patterns for the complete range of anchor and chain handling equipment (chasers and grapnels). Grapn