TechnipFMC has entered into memorandum of agreement (MOA) to sell the G1201 subsea vessel as it aims to optimize the profile and size of its subsea fleet. The MOA is subject to certain conditions precedent to complete the transaction. TechnipFMC expects to complete the sale in December as these cond
Seabed Geosolutions has signed a contract to sell its entire shallow water ocean bottom cable (OBC) recording equipment for around USD 10 million. This equipment was used on a recently completed project for Abu Dhabi National Oil Company in the United Arab Emirates. Stephan Midenet, CEO of Seabed Ge
MacArtney Underwater Technology is set to launch its newest operation, MacArtney Italy, supporting local Italian customers with the global MacArtney brand. With a renewed focus on expanding its global footprint, MacArtney Underwater Technology will be offering the system solution technology and expe
GC Rieber has reported fire onboard its managed 3D seismic vessel Polar Marquis, yesterday Monday November 11, 2019. The fire, that occurred in the engine room, has been put out and the situation is under control, GC Rieber said. The vessel is owned by Shearwater GeoServices and located offshore Sen
Polarcus has signed a memorandum of understanding with Arabian Geophysical and Surveying Company (ARGAS) to collaborate on seismic projects in the MENA region. Polarcus provides marine seismic acquisition capabilities and cloud-based priority processing services, while ARGAS provides regional expert
William Hackett has launched SSL5, incorporating its patented quad pawl (QP) mechanism – positioned as one of the safest offshore and subsea lever hoist. “It’s a piece of engineering innovation that will transform safety levels globally when lifting offshore and in subsea operations using lever hois
MMA Offshore has completed the acquisition of the business of Neptune Marine Services by acquiring its key operating subsidiaries. The final purchase consideration of A$18.5 million comprised A$5.0 million in cash and the issue of 67.6 million MMA shares to Neptune Marine Services at an issue price
Veteran ocean explorer and Tiburon Subsea CEO Tim Taylor along with his “Lost 52 Project” team have discovered the WWII Submarine USS Grayback (SS-208) in Japanese waters. The US Navy officially verified the discovery of Grayback which was made at a depth of 435 meters (1427 feet). This is the first
James Fisher Offshore (JFO) supports Saudi EPC business, NPCC to deliver time and cost savings in offshore decommissioning operations in the Middle East. According to JFO, its ultra-high-pressure (UHP) abrasive water jet internal cutting system has delivered NPCC a 60% reduction in overall cutting t
First Subsea has secured a second contract with Spanish Cobra Group to provide dynamic bend stiffener connectors for the Kincardine floating offshore wind farm offshore Aberdeen. The companies will supply eleven connectors to the 50 MW Kindcardine floating offshore wind farm project. The floating of
WFS Technologies has been honoured with an industry award after winning Oil & Gas UK’s Business Innovation accolade for its Seatooth technology. The Seatooth technology enables the automation and digitalization of subsea assets through its ability to communicate through steel, ground, sea water and
Woodside has taken a final investment decision on the pipeline component of the Pluto-North West Shelf (NWS) Interconnector in Western Australia. In addition the company has entered into contractual arrangements with DDG Operations for the construction of the pipeline and its ongoing operation and m
Land Information New Zealand (LINZ) and the Marlborough District Council (MDC) have launched joint survey in the Marlborough Sounds. Marine data collected during the survey will be used to update navigational charts for the many commercial and recreational mariners who operate in the area. The data
Alcatel Submarine Networks (ASN) has recently installed and commissioned the first phase of the permanent reservoir monitoring (PRM) system for the Johan Sverdrup field, operated by Equinor in the North Sea. The Optowave PRM system has acquired data during the first seismic data acquisition campaign
