Downhole sensing technology specialist Well-SENSE has completed multiple offshore FiberLine Intervention (FLI) projects, worth a six-figure sum, for a range of international E&P companies. The projects have included Distributed Temperature Sensing (DTS) surveys for flow profiling on two unmanned gas
The International Seabed Authority (ISA) recently signed a memorandum of understanding to establish the first ever joint training and research centre with State Oceanic Administration of China. Under the MoU, ISA and China will work together to promote knowledge of the deep ocean and its environment
Electromagnetic Geoservices (EMGS) has received a USD 8 million multi-client contract from an undisclosed customer. Under the contract, the customer will license certain data from the EMGS’ existing EM multi-client library in Norway and settle future potential uplift obligations towards the company
DNV GL is strengthening its commitment to exploring new ocean opportunities by dedicating extra resources to its ocean space research programme. The programme works with stakeholders from business, government and academia to create best practices and standards. It also seeks a collaborative approach
Subsea World News has put together a recap of the most interesting articles from the previous week (October 21 – October 28). https://subseaworldnews.com/2019/10/21/mcdermott-secures-1-7b-funding/ https://subseaworldnews.com/2019/10/21/neptune-shareholders-approve-acquisition-by-mma-offshore/ https:
European Investment Bank (EIB) has launched the Blue Sustainable Ocean Strategy (Blue SOS) to improve the health of oceans, build stronger and more resilient coastal environments and enhance the sustainability of ocean-related activities. The EIB, as the EU Bank, commits to more than double its lend
Allspeeds has recently tested its new cutting and sealing tool for the decommissioning sector at Balmoral Subsea Test Centre’s submersion tanks. Accrington-based Allspeeds, the sole manufacturer of ‘Webtool’ hydraulic ROV cutters and systems, was awarded a contract by Chevron USA to develop an envir
Forum Energy Technologies has recorded loss in the third-quarter 2019 of $533 million, or $4.83 per diluted share, compared to loss of $3 million, or $3 cents per diluted share, for the prior-year comparable period. Sequentially, Forum widened its loss from $12 cents per diluted share, with revenue
Seaborn Networks and Anova Financial Networks have formed a strategic alliance to provide the ultra-low latency (ULL) fiber connection between the financial centers of São Paulo, Brazil and Chicago, USA. Seaborn and Anova will offer multiple ULL tiers for potential customers via Seaborn’s fully oper
MacArtney Canada has appointed Darren E. Penney as head of Item Sales for Central and Eastern Canada. Previously employed by Xeos Technologies and Seimac, Darren E. Penney brings with him 20 years of industry experience in technical sales and service. Tom Knox, general manager of MacArtney Canada, s
Norwegian acoustic doppler technology developer Nortek has appointed Finn Ivar Marum as its new CEO. After over two decades at the helm of Nortek, Atle Lohrmann is taking on new challenges at newly started Hefring Engineering in Boston. Lohrmann will continue as Nortek’s chairman of the board. “I am
Deep Down, a specialist in complex deep-water oil and gas distribution equipment and services, has received orders exceeding $2.0 million from different customers. The orders are for flying leads, riser isolation valve controls, and other offshore equipment and services, primarily destined for the G
C-Kore has been honored with The Queen’s Awards for Enterprise, in the Innovation category. The formal Queen’s Award presentation took place at C-Kore’s offices near York, during the visit of two Deputy Lord Lieutenants of North Yorkshire, David Kerfoot MBE DL and Trevor Watson JP DL. Reading the ci
Prysmian Group’ new cable laying vessel, Leonardo Da Vinci, is set to get new battery power class notation developed by RINA. The vessel will be added to the group’s cable laying fleet in the second quarter of 2021. The new vessel is being built by Vard, a Fincantieri company, at one of its shipyard
