Ocean Power Technologies (OPT) said that Jeffrey R. Wiener has joined the company as vice president of global sales. Prior to joining OPT, Jeff was senior vice president of sales for EOS Energy Storage, where he helped to develop and commercialize Eos’s proprietary zinc hybrid battery storage soluti
Huisman has been selcted by Boskalis to deliver a 4,000mt offshore mast crane (OMC) to be installed on their crane vessel Bokalift 2. This deal follows successful delivery of the 3,000mt offshore mast crane for the Bokalift 1 in 2017. With a lifting capacity of 4,000mt at 100 meters above deck, this
McDermott International has appointed Chris Krummel as executive vice president, chief financial officer, effective immediately. Krummel joined McDermott in 2016 and previously served as the company’s global vice president, finance and chief accounting officer. He replaces Stuart Spence, who has res
Sentinel Subsea has completed its first offshore field trial, run in conjunction with independent operator Spirit Energy and the Oil & Gas Technology Centre (OGTC). Recognizing the need to monitor suspended wells both efficiently and cost-effectively, Sentinel Subsea’s passive monitoring system is s
Seismic player Polarcus has bounced back in black when compared to third-quarter 2018 as revenues increased some 19 percent. The Oslo-listed company reported profit for the quarter ended September 30, 2019 of $13.7 million, versus loss of $8.4 million in Q3 2018. For the nine months in 2019, Polarcu
McDermott has reported quarterly loss of $1.9 billion, or $10.37 per diluted share, compared to profit of $2 million, or 1 cent per diluted share in the third quarter of 2018. According to the the company, the result was due primarily to $1.5 billion goodwill and intangible assets impairments and $2
RusselSmith, a Nigeria-based oilfield services provider, has added Saab Seaeye’s Cougar XT electric underwater robotic vehicle to its ROV fleet. “The Cougar is an ideal choice,” said RusselSmith CEO, Kayode Adeleke. “It is a powerful, highly maneuverable and capable ROV and we believe it will add a
NOVACAVI has recently provided a couple of specially engineered mooring cables for the Lofoten-Vesterålen Cabeled Ocean Observatory. The Lofoten-Vesterålen Cabeled Ocean Observatory (LoVe) is a Norwegian infrastructure for marine research, monitoring and subsea technology development off the North N
Unmanned Survey Solutions, a company that designs, builds and operates Unmanned Surface Vessels (USVs) for the survey industry, has won the Cornwall Manufacturing Group Innovation/Improvement Project of the Year Award 2019. James Williams, director at Unmanned Survey Solutions, said: “We are over th
Prysmian Group has completed the HVDC test on the submarine interconnector COBRAcable that links The Netherlands and Denmark. The announcement took place during the COBRAcable link’s official inauguration event, simultaneously held in Eemshaven (NL) and Endrup (DK). Prysmian had secured this project
SBT Energy has completed a wave-tank test programme and preliminary field trials, for its buoy concepts, part of a disruptive offshore buoy and tank technology for the renewables, oil and gas and other offshore industries. SBT’s technology covers eight unmanned offshore buoy and storage tank concept
MOL has signed an agreement with Chevron Global Ventures and Chevron BTC Pipeline to acquire their non-operated E&P and mid-stream interests in Azerbaijan. The acquisition includes a 9.57% stake in the Azeri-Chirag-Gunashli (ACG) oil field, and an effective 8.9% stake in the Baku-Tbilisi-Ceyhan (BTC
Viewport3 has entered the decommissioning market after securing two pre-removal scanning contracts with a combined value of £100k. The contract scopes will see the company provide the operators with the intelligence they need to make decisions about the removal of items from the seabed, reduce ad-ho
Oceanteam Solutions has secured a subsea cable storage contract extension with one of its premier clients. The extension follows a two-and-a-half years of storage of client’s subsea cables in Oceanteam Solutions’ 5300Te carousel at its cable storage facility in Velsen, the Netherlands. With this ext
