Subsea
N-Sea Ready for Viking Link UXO Work
N-Sea is set for an unexploded ordnance (UXO) clearance campaign for the Viking Link project planned to start mid-May. N-Sea secured the €6 million UXO clearance contract with National Grid earlier this year. The contract is part of a high profile project for the installation of a subsea power cable
FlexIQ Delivers Flexible Risers Life Extension Project for Shell
The partnership between Innospection and Intecsea – FlexIQ has achieved an industry first, combining inspection data with a fully simulation-based irregular wave approach for enabling the life extension of flexible risers. Namely, FlexIQ has provided life extension assessment for flexible risers bas
InterMoor Rolls Out New Acoustic Release Mooring Connector
InterMoor, part of subsea services group Acteon, has introduced its new Inter-M Release mooring connector. Acoustic release mooring connectors allow a rig’s mooring legs to be released remotely and immediately, in case of emergencies, severe weather events, or simply to save time and money during ri
DNV GL to Class New Decommissioning Units Built by CMHI
China Merchants Heavy Industry (CMHI) and DNV GL have signed a Letter of Intent (LoI) for the classification of two multi-activity jack-up units. Ordered by OOS Energy, affiliated with Netherlands-based Overdulve Offshore Services (OOS), these 96 m long units will be purpose-built for the decommissi
Subsea 7 Withdraws as McDermott and CB&I Get Merger Nod
McDermott International and CB&I have received the necessary stockholder approvals to complete the proposed business combination. Following the approval of the combination of the two companies, Subsea 7, who made an offer to acquire McDermott, has withdrawn its proposal. Subsea 7’s proposal was a su
Bourbon Takes Revenue Hit
Bourbon has seen its revenue decline some 32 percent year-on-year for the quarter ended March 31, 2018, impacted by lower activity levels in subsea and water offshore segments. The French vessel owner and offshore services provider generated a total of €171 million in first-quarter 2018 revenue, ver
EMGS Books Wider Loss in Q1
Norwegian geophysical services company EMGS posted loss for the first-quarter 2018 of $12 million, or 13 cents per share, against $10 million loss in the same period last year. The Oslo-listed company generated revenues of $4.3 million in the quarter ended March 31, 2018, slightly up from $4.2 milli
Premier Hires Shearwater for Tolmount Field Seismic Survey
Shearwater GeoServices, a joint venture between GC Rieber and Rasmussengruppen, has secured a contract from Premier Oil to conduct high-resolution 3D survey on the Tolmount field in the UK North Sea. The survey is scheduled to start late Q2 2018 and will be executed by the Polar Duchess, the company
Allspeeds Gets Design Director
Accrington-based hydraulic equipment maker, Allspeeds, has appointed Dan Fielder as a design engineer. Fielder joins Allspeeds from Keighley-based, jointing technologies company, Tecconex, to expand and strengthen the company’s engineering resource to handle larger subsea and maritime projects. Dan
Neptune Energy Extends with Add Energy
Add Energy, the international energy consultancy and software provider, has secured a 3-year contract with Neptune Energy for the provision of their environmental management software, NEMS Accounter and NEMS Panorama. The contract will provide the independent oil and gas exploration and production c
Enpro Subsea Keeps Busy
Enpro Subsea has reported its busiest 18 months hitting its key strategic objectives with campaigns completed or starting in North Sea, West Africa and Gulf of Mexico. The enhanced production specialist, which has over 30 personnel based in Aberdeen and Houston, delivers subsea architecture to suppo
STR Boosts Rental Pool with Innomar Equipment
Subsea Technology and Rentals (STR) has further expanded its rental equipment inventory with the Innomar SES-2000 medium-100 parametric sub-bottom profiling systems. The Innomar SES-2000 medium-100 is designed for offshore applications down to 2,000 meters water depth and comes with the option to mo
First Marine Solutions Boosts Management Team
First Marine Solutions (FMS) has made two senior appointments to bolster the company’s global growth plans. Dave McGinlay and Paul Crichton join the Aberdeen based mooring services provider as business development director and sales and marketing manager, respectively. Dave joins FMS having held key
WFS, University of Aberdeen, OGIC Join Forces in New Project
WFS Technologies, University of Aberdeen and OGIC have started joint technology project to design and build the ExtremeEdge On-line Monitoring (OLM) system for subsea and offshore platform structures. Utilizing the ExtremeEdge distributed computing architecture, the project will deliver the first ge