Subsea
Nord Stream 2 Finland Monitoring Report Shows Minor Impacts
Nord Stream 2 AG has submitted the results of its first quarterly environmental monitoring report for the Q2 of 2018 to the relevant national authorities in Finland. The report presents the findings of the environmental monitoring carried out between April and June 2018 during preparatory activities
Halfwave in Two New Pipe Inspection Deals with Woodside
Halfwave has been awarded two new pipeline inspections by Woodside in Australia as a part of a Master Services Agreement (MSA). Woodside is an early adopter of Halfwave’s ultra-wideband acoustic resonance technology (ART), which provides measurement capabilities beyond those of existing inspection t
Havyard Makes CBO Delivery
Havyard has delivered its final, in line of six, anchor-handling vessels to the Brazilian shipping company CBO. A total of six Havyard 843 anchor-handling vessels have now been delivered, after the signing of a contract for four vessels in 2014 and a further two in 2016. This is the biggest individu
Divers Retrieve Black Box from Sunken Lion Air JT610
Divers have found one black box of the Lion Air flight JT610 that crashed into the Java Sea off Indonesia with 189 people on board. An airplane has two recorders, one that captures flight data, and another that records the pilot and co-pilot in the cockpit. The Boeing 737 MAX 8 plane, en-route to Pa
Mærsk Mobiliser Ready for Action
Mærsk Mobiliser has been delivered from Kleven yard – the fifth vessel in a series of six anchor handlers for Maersk Supply Service. Built for deepwater operations, the so-called Starfish series is equipped with a range of innovative features, securing all the sister vessels work from the very begin
Subsea 7 in Second Vito Win
Subsea 7 has been recently awarded a second construction contract for the Vito development in the Gulf of Mexico region. The Vito field is located approximately 241 kilometers south of New Orleans, Louisiana, with water depths up to 1220 meters. The latest contract was awarded by Enbridge Offshore F
Hydrex Shows Off Bow Thruster Removal Skills
Underwater repair and maintenance specialist, Hydrex, has recently removed a bow thruster, that needed to be overhauled, from a 300-meter container ship. This was done during a stop in Italy. Hydrex team mobilized from the Antwerp fast response center to the vessel’s location. After they set up a mo
Oceaneering Extends Peterson’s Role to Investor Relations VP
Oceaneering has promoted Mark E. Peterson to vice president, Corporate Development and Investor Relations. In this position, Peterson will maintain his responsibility for Oceaneering’s corporate development activities while expanding his role to include investor relations. Peterson’s career includes
McDermott Bags Pipeline Deal from Petrobras
McDermott International has secured a large contract award, defined as between $50 million and $250 million, by Petrobras for a natural gas pipeline project in support of the client’s Santos basin pre-salt field program. The contract covers the implementation of the ultra-shallow segment of the new
JFD Australia Adds New Chairman
JFD, a part of James Fisher and Sons, has appointed Harry Dunstall as a new non-executive Australian chairman to oversee its future growth and direction in the local defence sector. Harry Dunstall, a previous acting chief executive officer of the then Defence Materiel Organisation (DMO) in the Depar
Polarcus Shrinks Loss
Seismic player Polarcus has reduced quarterly loss when compared to third-quarter 2017 as revenues increased some 49 percent with prefunding of multiclient revenue recognized in accordance with IFRS (International Financial Reporting Standard). The Oslo-listed company reported net loss for the quart
Loss Widens for EMGS
Norwegian geophysical services company EMGS has slipped deeper into the red when compared to third-quarter 2017, with revenues down some 44 percent and net loss widened by 10.8 million. The Oslo-listed company reported net loss for the quarter ended September 30, 2018 of $11.2 million or 9 cents per
€8M for Ocean Energy R&D
The Ocean Energy ERA-NET Cofund (OCEANERA-NET COFUND) consortium partners have set up €8 million funding for eight research and demonstration projects in the field of ocean (marine) energy. These projects will test and validate new technologies for wave, tidal and ocean thermal energy production. Th
Wild Well Control Gets New President
Wild Well Control, a Superior Energy Services company, has named Bryan Ellis as president. Ellis, who has been with Wild Well since 2008, succeeds Freddy Gebhardt as president effective immediately. Most recently, Ellis served as a chief administrative officer overseeing all financial and administra