TechnipFMC has said it plans to separate into two independent, publicly traded companies – RemainCo and SpinCo. The transaction is expected to be structured as a spin-off of TechnipFMC’s Onshore/Offshore segment to be headquartered in Paris, France. The separation is expected to be completed in the
Polarcus has received an award for an XArray marine seismic acquisition project in South East Asia. According to the company the project will start in Q4. The project will have an approximate duration of 40 days. Polarcus XArray is an innovative acquisition configuration developed by Polarcus to del
GCE Ocean Technology has signed a memorandum of understanding (MoU) with the Subsea Monitoring Network that allows for the development of new ocean technologies and ensuring sustainable use of ocean resources. The Subsea Monitoring Network is a corporate network for innovation in underwater technolo
Teledyne Technologies’ subsidiary, Teledyne Instruments, has been awarded an indefinite delivery/indefinite quantity (IDIQ) contract by the U.S. Naval Undersea Warfare Center to supply autonomous underwater vehicles (AUVs) and related monitoring and communications acoustic systems. The initial 2019
UK-based Better Risk has been contracted to provide specialist unexploded ordnance (UXO) risk management support for the Triton Knoll offshore wind farm. The company has led on industry best-practice for dealing with UXO in the marine environment and provides operational response training support to
As a part of its coop deal with the U.S. Department of Transportation Maritime Administration (MARAD), Boston-based Sea Machines Robotics has demonstrated its autonomous systems in action on board a Kvichak Marco skimmer boat during events held along the Portland harbor. Sea Machines’ technology dem
CGG has started acquisition of Nebula 3D, a new, long-offset BroadSeis survey located in the Campos and Santos Basins, offshore Brazil. With an initial focus on Brazil’s 15th License Round blocks, the data is being acquired by the Geo Caribbean and a portion of the survey will provide 3D data covera
Installation of the Nord Stream 2 twin pipelines in the Finnish Exclusive Economic Zone has been finalized with the end of pipelaying on the second line of the 374-kilometer long section. The first line was completed in Finnish waters in April 2019. In total, to date over 1,800 kilometers of the Nor
JFD has acquired the closed bell saturation diving system and associated assets formally owned by The Underwater Centre. The acquisition should enable JFD to re-establish the global closed bell diver training programme – also known as sat diver training – and the only UK-based training capability th
Woodside has achieved first oil from Greater Enfield Project, through the Ngujima-Yin floating production storage and offloading vessel (FPSO) on Sunday. The Greater Enfield Project was approved in 2016, to develop the Laverda Canyon, Norton over Laverda and Cimatti oil accumulations through a subse
Magseis Fairfield has signed a Letter of Intent (LoI) for the lease of a Z700 node crew in the Caspian Sea. The Z700 node crew includes nodes, auxiliary equipment and service personnel for a six-month period in the Caspian Sea. The contract will start in the first quarter 2020 when the nodes have be
Mitcham Industries said that R. Dean Lewis has resigned from the Board of Directors and that Vice Admiral (Ret.) William “Willy” H. Hilarides has been appointed to fill that vacancy. Peter H. Blum, Chairman, of Mitcham commented, “On behalf of the Board of Directors, shareholders and employees of Mi
Subsea World News has put together a recap of the most interesting articles from the previous week (August 19 – August 25). https://subseaworldnews.com/2019/08/21/adnoc-dishes-out-3-6b-in-deals/ https://subseaworldnews.com/2019/08/20/subsea-7-eyes-fresh-ideas-with-engineering-conversion-programme/ h
DOF Subsea, a subsidiary of DOF Group, reported profit in the second quarter of 2019 of NOK 14 million ($1.5 million), compared to loss of NOK 292 million ($32.4 million) in the corresponding period in 2018. Year-to-date result for 2019 came out negative, with loss of NOK 10 million ($1.1 million),
