Norwegian seismic services company EMGS has noted an extremely low vessel utilization for the first quarter of 2020 due to project cancelations, which ensued following the recent oil price drop and the coronavirus pandemic. As a result, one of EMGS’ vessels is up for a cold-stack.
Oil and gas company Global Petroleum has agreed to license pre-existing 3D seismic data in its 2011A (PEL0094) offshore Namibia Block.
JDR has completed the load out for the Gazprom’s Kirinskoye extension project at its facility in Hartlepool, UK. JDR supplied static subsea umbilicals, hydraulic and electrical flying leads. 4 off 8m and 1 off 9.2m reel lifted, transported and loaded to the vessel chartered by RusGasShelf, the EPC C
Bourbon’s controlling shareholder Société Phocéenne de Participations (SPP) has strengthened its supervisory board, chaired by Jean Peyrelevade. Four new members have been appointed to the Supervisory Board: Carsten Plougmann Andersen, former vice-president of Maersk group and Maersk Supply Service
EuroAfrica Interconnector project has launched a tender call for the engineering, procurement, construction and installation of the HVDC cable system between Egypt and Cyprus. EuroAfrica Interconnector, as the official project promoter and developer, will finance the construction of the electricity
SeaBird Exploration has received cancellation notice for the ocean bottom node (OBN) surveys in West Africa. The end-client has decided to cancel the two OBN surveys due to the COVID-19 situation. SeaBird primarily received the letter of award for the surveys in January of this year, and the work wa
Fugro is carrying out cost reduction measures to reduce the impact of the COVID-19 pandemic and the low oil price environment, including minimising the hire of short-term charters, implementing a hiring and salary freeze and workforce reduction. The company has also withdrawn its guidance for 2020,
Subsea 7 has secured a contract for the Innogy’s Kaskasi offshore wind farm project in the German sector of the North Sea. The work scope includes the transport and installation of the offshore substation foundation, 38 wind turbine monopile foundations and 52 kilometres of inner-array grid cables i
Subsea engineering firm JFD said it will bring to market a new patient ventilator system to support global health systems in fight against the COVID-19 pandemic. JFD has responded to the UK Government’s Rapidly Manufactured Ventilator System call to manufacturers, to support the provision of essenti
Canadian firm GeoSpectrum has launched a new and compact version of its towed reelable active passive sonar (TRAPS), suitable for unmanned surface vessels (USV). Named TRAPS-USV, this lighter-weight variant, is designed to fit on almost any size vessel including patrol boats and USVs while retaining
Greensea has developed a new hull crawler that attaches a remotely operated vehicle (ROV) to a ship hull without magnetics and allows the operator to “drive” the ROV and payloads over the hull. Initial hull crawlers are designed to work exclusively with the VideoRay Mission Specialist Defender ROV.
Marine geophysical firm PGS said it expects the low oil price to have a material negative impact on demand for seismic services and activity. The company is implementing cost and capital expenditure measures to meet an expected significant revenue reduction, with details to be provided in Q1 2020 ea
Kraken Robotics has achieved a practical resolution of two cm with a Commercial-Off-The-Shelf (COTS) Synthetic Aperture Sonar (SAS), the AquaPix MINSAS. Kraken’s Ultra HD software improves the AquaPix SAS image resolution from 3.0 x 3.3 cm (across along track) to 1.9 x 2.1 cm and maintains constant
Canadian naval architect Robert Allan Ltd has designed two dive support vessels (DSVs) to be operated by Brazilian contractor Belov Engenharia. Belov has performed work for the Brazilian state-run oil company Petrobras for several years. Both vessels (Belov Amaralina and Belov Humaitá) have complete
