Subsea Technology & Rentals has invested in latest NEXUS MK C multiplexer technology from the MacArtney Group. MacArtney will design and custom build a new NEXUS MK C to compliment the NEXUS MK IV and MK VI systems purchased by STR last year. The multiplexer systems include full real-time diagnostic
Worley’s Intecsea consultancy has partnered with the Oil & Gas Technology Centre (OGTC) to fund prototype testing of its Pseudo Dry Gas (PDG) liquid removal system. This technology has been developed to make long distance subsea tiebacks, which are not typically economic or technically feasible, com
WFS Technologies Limited (WFS) has unveiled a subsea wireless edge network for real-time monitoring of subsea assets. WFS provides wireless subsea devices designed to provide robust, long-term monitoring of subsea hardware. The latest technology, ExtremeEdge, has been developed to process and analys
Norwegian geophysical services company EMGS has halved its quarterly loss as revenues more than doubled for the period ended March 31, 2019. The Oslo-listed company reported net loss for Q1 2019 of $6 million or 5 cents per share, versus loss of $12 million in Q1 2018. Revenues for the quarter rose
ARC Marine, who have invented a pioneering system for building artificial reefs, have received a Rapid Innovation Grant from Marine-i to enable them to progress to the next stage of their project. Part funded by the European Regional Development Fund, Marine-i is designed to help the marine tech sec
ConocoPhillips Australia, as operator of the Barossa joint venture, has awarded the Engineering, Procurement and Construction (EPC) contract for the Barossa project to Technip Oceania (TFMC). Under the contract Technip Oceania will supply the Subsea Production System (SPS) and associated SPS install
Peritus International, a subsea system engineering services provider, has appointed Chas Spradbery as EAME director of Operations and Business Development. The appointment follows Bill Neilson’s retirement from the role after nine years with the company. Chas has over 20 years experience in the subs
Geophysical contractor TGS has posted higher profit in the first quarter of 2019 when compared to same period in 2018, despite revenue drop. The Oslo-listed firm posted earnings per share of 17 cents, up 34% from 13 cents per share in Q1 2018. TGS generated net revenues of close to $110 million in Q
Aibel/Keppel FELS consortium has secured a contract from TenneT for the supply of the HVDC platform and onshore converter station of the offshore grid connection project DolWin5. ABB will supply the complete HVDC electrical power system. Aibel’s scope within the consortium is the engineering and pro
Beach Energy has awarded Baker Hughes, a GE company (BHGE) a contract to supply subsea production systems for its Victorian Otway Basin development project located in offshore Victoria, Australia. The contract was awarded in the first quarter of 2019 and includes medium water horizontal Xmas trees a
PCCW Global and Telecom Egypt recently signed a landing party agreement in Beijing. This agreement will enable the Pakistan & East Africa Connecting Europe (PEACE) cable system to land and cross Egypt, effectively linking Asia, Africa and Europe with a 12,000km ultra-low latency high-speed cable sys
Alcatel Submarine Networks (ASN) has finalized the cable route study and mobilized the marine survey vessel for the EllaLink submarine cable system. The survey will be performed over the coming months and permit acquisition continues in line with EllaLink’s plans to be Ready for Service by the end o
L3 Technologies’ Iver4 Unmanned Underwater Vehicle (UUV) has completed a mission lasting more than 14 hours in San Diego Bay, California. This long-duration mission was completed with a standard nickel-metal hydride (NiMH) battery configuration – demonstrating the battery’s power endurance, system e
Production optimisation specialist Enpro Subsea said it plans to double its global sales by 2021. The business, which has supplied more than 50 of its subsea Flow Access Modules (FAM) since the product was launched 2016, aims to increase sales by a further 100% over the next two years. Enpro said it
