Neptune Marine Services’ shareholders have approved the acquisition of the company by MMA Offshore. MMA will acquire Neptune business through the acquisition of its key operating subsidiaries. This follows the approval of the transaction by the shareholders of MTQ Corporation of Singapore, the paren
Seabed Geosolutions, a joint venture between Fugro and CGG, has been awarded a contract to provide a 3D ocean bottom node (OBN) survey in 2000 meters of water in the Santos Basin, offshore Brazil. The 410-square-kilometers-survey, which has a contract value of over $50 million, will be performed for
Norwegian fish farm company SalMar has appointed Gustav Witzøe as it chief executive officer, effective 21 October 2019. From this date the current CEO, Olav Andreas Ervik, will become managing director of the new subsidiary SalMar Ocean and responsible for the company’s ventures in ocean-based fish
Hai Long Offshore Wind (OFW) project signed Taiwan’s first large-scale balance of plant (BOP) preferred supplier agreement (PSA) with local company CSBC DEME Wind Engineering (CDWE). The Hai Long Project consists of Canadian-based independent power producer Northland Power International (NPI), Yusha
SeaBird Exploration board of directors has named Gunnar Jansen to the position of interim CEO, effective immediately. Gunnar Jansen replaces Hans Petter Klohs, who has informed the board of directors that he will leave his position. Jansen joined SeaBird as chief commercial and legal officer in Augu
The trial run of the Balticconnector project’s Inkoo compressor station has been completed, ensuring that the compressor station can be commissioned according to schedule. Completing the compressor station contributes to getting the entire Balticconnector pipeline up and running according to schedul
Aquatic recently completed spooling support work scope to Airborne Oil & Gas at their base in Ijmuiden, in The Netherlands. Aquatic supplied a 200Te Powered Reel Drive System, a 15Te Tensioner System, a 200Te Under Roller System and a Level Winder System. Aquatic’s equipment and personnel assisted A
Geoquip Marine’s GMR302 drill rig has supported Solstad’s Normand Baltic in the offshore geotechnical investigation for the renewable energy sector in Taiwan. The system was mobilized onto the Normand Baltic, and assisted with the completion of the geotechnical campaign. The scope of work comprised
Subsea World News has put together a recap of the most interesting articles from the previous week (October 14 – October 20). This content is available after accepting the cookies. Change cookie-settings View on Subseaworldnews. Bhge Becomes Baker Hughes Company This content is available after accep
Subsea cables specialist JDR has appointed Jon Vail as strategy director and a member of the board of directors. Jon Vail, who joined JDR on 1st October, 2019, will be responsible for developing JDR’s overall strategy for future growth and will champion continuous business improvement. An MBA gradua
Schlumberger has seen red in the third quarter 2019 on major impairments on goodwill and assets. The oilfield services giant recognized Q3 2019 loss of close to $11.4 billion, or $8.22 per share, on some $37 million higher revenue ($8.54 billion), against profit of $644 million. Excluding charges, t
Axxis Geo Solutions (AGS) has completed the Utsira multi-client ocean-bottom node (OBN) survey in the North Sea, Norway. The program is a joint effort with JV partner TGS and covers an area of approximately 1,600 square kilometres of full azimuth multi-client 3D seismic. The program has set several
WindPower Korea, EDP Renewables and Aker Solutions have formed a consortium with the ambition to develop an initial 500 megawatt floating wind farm off the coast of Ulsan Metropolitan City in South Korea. The consortium was formed as EDP Renewables and Aker Solutions have invested in the development
Aquatic has recently completed its work scope in the offshore installation of a threaded tubing pipeline in the Mediterranean Sea. The work was done for Petrobel (a joint venture company between ENI & the Egyptian General Petroleum Company) as part of Maridive Offshore Project’s (MOP) scope aboard M
