Subsea World News has put together a recap of the most interesting articles from the previous week (February 24 – March 01). https://subseaworldnews.com/2020/02/26/subsea-7-hit-by-offshore-wind/ https://subseaworldnews.com/2020/02/24/saipem-takes-coronavirus-precautions/ https://subseaworldnews.com/
Moray East has completed offshore piling works on its 950MW offshore wind farm which is under construction in the Moray Firth off the North East coast of Scotland. Work to install the pin piles in the seabed started in May of last year, using the jack-up installation vessel ‘Apollo’ which worked out
Ocean Infinity has secured a contract from ExxonMobil for geophysical and geotechnical data acquisition within the Stabroek block offshore Guyana. The company will carry out high-resolution autonomous underwater vehicle (AUV) survey, simultaneously deploying its AUVs in water depths of between 70 me
Oslo-listed SeaBird has recognized net loss from continuing operations of $11.8 million for Q4 2019, against net loss of $3.7 million in the same period in 2018. The seismic data provider for oil and gas companies said its profitability in the quarter was negatively affected by restructuring charges
Canada-based underwater sensors & robotics specialist Kraken has been recognized by the Toronto Venture Stock Exchange as a 2020 Top 50 Company. The TSX Venture 50 is a ranking of the strongest companies on TSX Venture Exchange by share price appreciation, trading volume amount, and market capitaliz
SeaRobotics has deployed its SR-Surveyor M1.8 ASV in cooperation with Morgan & Eklund (M&E) to survey a twenty-mile stretch of waterways in the hard-hit islands of the Bahamas. “We designed the SR-Surveyor M1.8 to excel at working in hurricane and storm-damaged areas, without putting manned vessels
Southern Cross has connected the first single-wavelength 800G across a live production network using Ciena’s WaveLogic 5 Extreme (WL5e) coherent optics. The new 800G channel speed ran error-free on Southern Cross’ live production network between two large, global data centers on the U.S. West Coast
Orca Oceanic Systems (OOS) has appointed Stuart Forsyth as its new business development director. Forsyth takes on his new role to spearhead the growth of OOS as he brings with him more than 20 years of experience in the oil and gas industry encompassing both technical and commercial roles. “I am ex
Marine seismic player Polarcus has cut its deficit in 2019 as improved market boosted the company’s revenues by 44 percent against 2018. The Oslo-listed company reported loss for the 2019 of $10 million, on revenues of $290.6 million, versus loss of close to $32 million and revenues of $202.2 millio
Guardian Geomatics has been appointed to Australia’s Hydroscheme Industry Partnership Program (HIPP). Guardian Geomatics will spend the next four years working alongside six industry leaders, acquiring and processing hydrographic, oceanographic and marine environmental data. The data acquired by the
Danish developer Ørsted has seen the first inter-array cable set up at its Borssele 1 & 2 offshore wind complex in the Netherlands. Borssele 1 and 2 are located around 23 kilometers off the Dutch coast in 14 to 36 meters of water. The dutch offshore contractor Van Oord is responsible for the transpo
Maersk Decom has received a contract to provide complete plugging and abandonment of Tullow Oil’s Banda and Tiof fields offshore Mauritania. This is the first project where Maersk Decom will provide an end-to-end plugging and abandonment solution under one single contract, the company said. The solu
MAN Energy Solutions has been selected to take part in the Port of Rotterdam CO₂ Transport Hub & Offshore Storage (Porthos) project. The Port of Rotterdam, Gasunie and EBN are jointly preparing a new project in which CO₂ generated by industry in Rotterdam’s port area is captured and stored in empty
TechnipFMC has reported fourth-quarter 2019 loss of $2.4 billion or $5.40 per diluted share. The services major has seen the results affected by after-tax charges and credits totaling $2.43 billion of expense, or $5.43 per diluted share. TechnipFMC warned the market on impairment impact prior to rel
