OceanGate and NASA have entered into an agreement to collaborate in the development, manufacturing and testing of a new carbon fiber pressure vessel. NASA’s Marshall Space Flight Center in Huntsville, Alabama, will serve as the facility where the development and manufacturing of a new aerospace-grad
Shawcor’s pipe coating division has entered into a contract, worth between CAD 30-50 million, with Subsea 7 to provide thermal insulation coating services for the Woodside Sangomar Offshore Project in Senegal. The work is scheduled to be executed from Shawcor’s Orkanger, Norway facility starting in
Italian offshore services player Saipem has reported fourth-quarter 2019 loss of €32 million on revenues of €2.35 billion. This result compares to net loss of €115 million on revenues of €2.47 billion in the prior-year comparable period. Adjusted result was net profit of €74 million, against €8 mill
Fugro has been selected by the Australian Government to join the HydroScheme Industry Partnership Program (HIPP) to increase Australia’s hydrographic industry capability. The panel of industry partners was chosen as part of a long-term strategy to ensure safe shipping routes, commercial ports and ma
Royal IHC (IHC) has secured a contract from Global Marine Group for the design and delivery of an integrated power cablelay spread, to be installed on its newly chartered vessel, Normand Clipper. Global Marine Group decided to customize the vessel within the first quarter of this year, ahead of two
AquaTerra Group has extended its capabilities with the acquisition of the trade and assets of subsea engineering and technology business SETS. Formed in 2011, SETS is a focused primarily on conductor inspection and integrity, repair and maintenance. The company designs, manufactures and implements r
Engineering and construction specialist Subsea 7 has seen red in the fourth quarter 2019 on activity drop in renewables and heavy lift division. The Oslo-listed firm posted quarterly loss of $129 million, or $45 cents per diluted share, on revenue of $889 million, versus profit of $32 million, or $1
Serco, the international services company, and Briggs Marine, the experts in coastal, near shore, offshore and subsea operations, have teamed to bid for the Royal Navy’s Marine Services 2022 contract. Serco and Briggs Marine have a long-standing relationship, having worked together since 2007 to sup
Heerema’s Aegir vessel has finalized the installation of the 4.000 mT jacket and topside for Qatargas’ North Field Bravo Living Quarters Expansion project. The Aegir firstly mobilized to Qatar’s Ras Laffan Port where both structures were constructed by Rosetti Marino at the N-Kom yard. On February 1
Plexus said that its Russian licensee Gusar has placed an order for an additional set of POS-GRIP exploration rental jack-up drilling wellhead equipment. The deal follows the installation of the first POS-GRIP rental gas exploration wellhead in Russia for Gazprom. Plexus’ CEO Ben Van Bilderbeek said
Subsea geotechnical services specialist Bluefield Geoservices has appointed Bruce Pudney as managing director of its Americas business unit. The news comes as the company rolls out its international footprint in the Americas, initially with two new offices in the US, one in Rhode Island to serve the
Oceaneering has reported a net loss of $263 million, or $2.66 per share, for the three months ended December 31, 2019, despite revenue rise. The result compares with net loss of $64 million same time last year. During the prior quarter ended September 30, 2019, Oceaneering reported a net loss of clo
McDermott has broke ground on its new fabrication facility within the King Salman International Complex for Maritime Industries and Services in Ras Al-Khair, Saudi Arabia. The overall site, which is being developed by Saudi Aramco, is expected to be the largest maritime industries complex in the Kin
Fugro has completed a second marine unexploded ordnance (UXO) risk mitigation project for TenneT, this time on a cable route survey as part of the construction of the Hollandse Kust Zuid offshore wind farm. The 13-month project involved surveying the route for explosive remnants of war (ERW), includ
