Eidesvik Offshore and Seabed Geosolutions have agreed to amend the contract for the node-handling vessel Subsea Viking, putting it on standby.
Archer Knight has rolled out a new software-as-a-service platform to make it easier for subsea companies to win more business. The Aberdeen-based subsea market intelligence and consultancy firm, formed by Mike Watson & David Sheret, has launched Flowline. The platform gives companies from the subsea
Reach Subsea and MMT have won several contracts and call-offs under frame agreements for 2020 execution. The contracts represent about 450 project days. The projects involve inspection, survey and construction support across Europe and the Americas, in the oil & gas and renewables sectors. With the
Ofgem has approved a proposal by SSEN to build a 600MW subsea link from Shetland to mainland Scotland. The link would allow new wind farms on Shetland to export electricity to and also ensure supply on the islands. Ofgem’s approval is also subject to approval of 457MW Viking Energy Wind Farm. Ofgem
Engineering firm Innovo has relocated its electric modular reel drive system (RDS), Innodrive 800T to Sparrows Group HQ in Aberdeen. Approved by Lloyd’s Register, the 800T RDS represents the latest of the large electrical RDSs introduced by Innovo. The Innodrive 800T RDS can carry 800-ton reels incl
Sonardyne and XOCEAN have completed a live seabed-to-shore data harvesting mission for Norske Shell using an unmanned surface vessel (USV). The survey is part of a seabed monitoring campaign at the Ormen Lange field offshore Norway. The teams completed the project without a single person having to t
IMCA has appointed Mark de Barr as technical adviser – marine specialising in dynamic positioning and vessel assurance. Mark de Barr has joined as freelance consultant engineer providing project management, inspections, audits and marine warranty services. His career has encompassed roles with Bue M
Houston-based offshore services and robotics specialist Helix Energy Solutions has reported net loss of $11.9 million, or 9 cents per diluted share, for the first quarter of 2020 compared to $1.3 million profit for the same period in 2019. Sequentially, profit fell from $8.1 million of 5 cents per d
PGS has seen its Q1 2020 loss widened, mostly on impairments related to library and sale of non-current assets. The Oslo-listed seismic player reported quarterly loss of $117.5 million, or 32 cents per share on revenues of close to $129 million, against loss of $65 million, or 19 cents per share on
TechnipFMC has reported first-quarter 2020 loss of $3.25 billion or $7.28 per diluted share against $21 million profit same time last year. The services major has seen the results affected by after-tax charges and credits totaling $7.17 per share, primarily driven by non-cash impairment charges. Tec
The study commissioned by DeepGreen examines how we can source the massive amount of mineral resources required for a wholesale move away from fossil fuels with the least amount of damage to the planet. As calls for a transition to renewable energy and electric transport grow louder in the face of i
Underwater technology specialist MacArtney has started manufacturing of its first eLARS system. To meet the green agenda the all-electric eLARS features a number of eco-friendly benefits. Zero pressure oil over water reduces the risk of oil spillage, and energy efficiency is also up by more than 30
Aker BP has started production from the first Ærfugl phase 2 well in the Norwegian Sea – three years ahead of the original plan.
Fugro has won an initial three-year contract with UK-based decommissioning service provider Well-Safe Solutions. Fugro will deliver its marine-based solution onboard the Well-Safe Guardian semi-submersible rig. The contract will see Fugro supplying and supporting remotely operated vehicle (ROV) serv
