TerraSond, an Acteon company, has completed a high-resolution geophysical survey for Mayflower Wind, a joint venture between Shell New Energies US and EDPR Offshore North America. The two-month campaign, surveyed an area 20 miles south of Martha’s Vineyard, Massachusetts, USA, that can support up to
REV Ocean has signed a partnership agreement with the Norwegian University of Science and Technology (NTNU) and Ocean Data Foundation (ODF). With this agreement, NTNU scientists and engineering students will be able to use the REV Ocean vessel as a research platform and apply their marine science ex
Crosslake Fibre’s fibre-optic cable between Toronto and New York has entered commercial service. The route connects Toronto’s largest carrier hotels, Equinix TR2 at 45 Parliament Street and 151 Front Street West, to Equinix NY4 in Secaucus, New Jersey with multiple extensions to various points-of-pr
NKT has been awarded a three-year service agreement contract by the German-Dutch power grid operator TenneT covering the cable jointing part of a larger offshore service agreement. The contract covers the cable jointing work for seven power cable systems and includes a tailored preparedness plan des
Horten Municipality has selected Peab to clear, clean and construct a new seabed in the Horten harbor basin, in a contract worth NOK 120 million. This is Peab’s second ocean floor project in Norway. During 2018 Peab finished clearing, cleaning and constructing a new seabed in Pudde Fjord, Bergen. “T
Fugro has signed a memorandum of understanding (MOU) with Underwater Survey Technology 21 (UST21) in a move that opens up the South Korean offshore wind farm market. The agreement with UST21 will facilitate collaboration on marine projects in South Korean waters, whereby Fugro will expand UST21’s lo
Autonomous surface vehicles developer Saildrone has named Dr. Eric Lindstrom as its new chief scientist. Dr. Lindstrom has served as the Physical Oceanography Program Scientist in the Science Mission Directorate at NASA Headquarters in Washington, D.C for the past 22 years, working with the QuikSCAT
Oilfield services company Expro has appointed Quinn Fanning as chief financial officer. Fanning brings a breadth of financial leadership and executive management experience through his time as CFO of a public company and an investment banker. In his most recent position as executive vice president a
REV Ocean has acquired the Supporter 6000 ROV from Kystdesign in Aksdal, Norway. The ROV will be one of the most important tools used to achieve the core scientific goals of the REV Ocean research vessel. REV Ocean, will be equipped for conducting missions that cover the entire marine ecosystem. The
Searcher Seismic has expanded its offshore data library with the completion of its Northern Basins Prospectivity Study in Papua New Guinea. Searcher, in conjunction with Discover Geoscience, has compiled the Northern Basins Prospectivity Study following the acquisition of the Solomon Sea Broadband N
Helix Energy Solutions has reported net income of $31.6 million, or 21 cents per diluted share, for the third quarter of 2019 compared to $27.1 million or 18 cents for the same period in 2018. Sequentially, profit almost doubled from $16.8 million of 11 cents per diluted share. Third quarter revenue
TechnipFMC has been awarded an integrated engineering, procurement, construction and installation (iEPCI) contract by Shell for the Perdido Phase 2 development, located in the Gulf of Mexico. The contract covers the delivery and installation of subsea equipment, including flexible flowlines, flexibl
Oil from the Johan Sverdrup field in the North Sea has arrived at the Mongstad plant north of Bergen. “This is a great day for Equinor and the Johan Sverdrup partnership, consisting of Lundin Norway, Petoro, Aker BP and Total. First oil to Mongstad only a few days after production start confirms tha
McDermott has entered into an agreement with certain of its secured lenders under which the company will have access to up to $1.7 billion of additional financing, including letter of credit capacity. Under the terms of the agreement, McDermott will have immediate access to $650 million of financing
