Subsea
TGS Starts West of Shetlands Seismic Survey
TGS has began the acquisition of the new Erlend Wild West multi-client 3D seismic data West of Shetlands. This survey will cover a minimum of 1,000 km2 in the UK West of Shetland region and ties into TGS’ existing EW12 3D data. TGS will harness its acquisition and broadband processing expertise in t
TGS Hikes Profits
Geophysical contractor TGS has posted second-quarter 2018 net profit of $46 million, compared to profit of $10 million in the same period in 2017. This comes down to quarterly earnings per share (fully diluted) of 45 cents, against 9 cents profit per share same time last year. The Oslo-listed firm g
Kraken Wins Deep-Sea Battery Contract with Ocean Infinity
Kraken Robotics said it has agreed a deal for Ocean Infinity to purchase $9 million of Kraken’s deep-sea batteries. According to the company, delivery dates are expected between Q4 2018 and Q4 2019. Kraken will arrange for these batteries to be built by Kraken Power, an entity in which Kraken curren
Add Energy Strengthens Team with VP Appointment
Add Energy, the international energy consultancy and software provider, has appointed Damon Bowler as vice president of its Asset and Integrity Management division. Dr Bowler will focus on driving the firm towards achieving its growth plans by overseeing the direction of the division, with a specifi
Fugro Loss Shrinks
Dutch subsea and survey specialist Fugro has posted net loss of €40 million for the first half of 2018, against net loss of €96 million in 1H 2017. The company’s revenue on currency comparable basis increased close to 17 per cent from €774 million in 1H 2017 to €797 million in 1H 2018. Fugro’s marin
McDermott Hires Royal IHC for Amazon Modification
McDermott International has awarded Royal IHC a modification contract to convert its pipelay and construction vessel Amazon to an ultra-deepwater J-Lay vessel. The Amazon will be capable of installing hex-joints up to 60 centimeters in diameter on a worldwide basis. IHC will be responsible for the o
KW Designed Pressure Testing Bays for Eaton MEDC
KW Designed Solutions has recently been awarded a project by Eaton’s MEDC for the supply of two pressure testing bays. KW Designed Solutions has been asked to produce two high volume, highly autonomous and visually impactful pressure testing rigs that will allow Eaton’s MEDC products to meet their c
New Sales Engineer Joins Motive Offshore
Motive Offshore has welcomed Will McLennan to the company’s sales team as the sales engineer. In his new role Will’s focus will be on expanding sales across the UK, promoting the Motive brand and supporting its global customer base. “Will’s wealth of expertise and industry knowledge is a very welcom
Global Marine Group Names Three New Board Members
Global Marine Systems Limited (GMSL) trading as the Global Marine Group (GMG) has appointed Ian Bryan, managing director of Group Operations, Mike Daniel, managing director of Global Offshore and Mark Preece, managing director of CWind to its board of directors effective July 2, 2018. These appointm
Seanamic Names New CEO
Seanamic Group has appointed David Hutchinson as its new CEO. Hutchinson joins Seanamic from Aker Solutions, where he led their Asia-Pacific region for five years and was latterly responsible for subsea business development in Europe and Africa. In his new role, David will work across all four Group
TenneT Sees Borssele Jacket Ready and Set for Setup
The 55 meters high jacket for TenneT’s first offshore platform in the Borssele wind farm zone has been completed. The load-out of the jacket at the HSM Offshore shipyard in Schiedam is the first milestone for TenneT in the realization of the Borssele Offshore Wind Farm Zone project. During the load-
Nord Stream Resumes Gas Flows After Annual Maintenance
All planned maintenance works on the Nord Stream twin gas pipelines have been concluded within the scheduled time frame. Gas transmission resumed today and the full capacity of both pipelines is now available again, Nord Stream AG informed. Nord Stream AG’s maintenance director, Olivier Escola, said
Kvaerner Delivers Third Jacket for Johan Sverdrup Field
Kvaerner has delivered the third jacket for Johan Sverdrup Phase 1 development in the North Sea. Through the frame agreement entered into in 2014, and in international competition, Kvaerner was awarded the three largest substructures out of four for the first phase of the project. The first delivery
IChemE Award for Xodus
Energy consultancy Xodus Group has been presented with the Silver Corporate Partner Award by the Institution of Chemical Engineers (IChemE). The company received the recognition for its commitment to supporting engineers’ professional development and advocating the profession to school pupils throug