Subsea
Kvaerner to Prepare Njord A for Fenja
Equinor has awarded Kvaerner an additional scope at Njord A to enable the platform to receive oil from the Fenja field. The additional scope has an estimated value of approximately NOK 500 million. In March 2017, Kvaerner signed a contract with Equinor for the complete upgrading of the Njord A float
Fairfield Geo to Acquire OBN Data in Gulf of Mexico
Fairfield Geotechnologies has been awarded a contract by BHP to acquire ocean bottom node (OBN) seismic data in the Alaminos Canyon and East Breaks areas of the Western Gulf of Mexico. The data will be acquired over the 1,004 sq. miles area, the company informed. The survey, located in water depths
Akastor Reduces Quarterly Deficit
Oilfield services investment company Akastor recorded loss of NOK 251 million ($31 million) for the second-quarter 2018 compared to loss of NOK 321 million ($40 million) same time in 2017. Akastor generated profit of NOK 121 million from continuing operations. However, the result for the second quar
Tekmar Energy in New Wins with Orsted
Tekmar Energy has secured an order from Ørsted to supply its patented cable protection system (CPS) TekLink Mecahnical Latch for Borssele I and II offshore wind farm projects. Alongside the order, Tekmar has also won a place on Ørsted’s 6-year framework for providing cable protection system on its f
Saga Subsea Expand at Killingøy Base
Saga Subsea has entered into a 10-year rental agreement with Karmsund Port Authority to for Hall C at Killingøy offshore and subsea base, where the company operates since its establishment in 2011. The hall contains 200m2 of office space, 870m2 workshop and 200m2 outdoor area. Saga Subsea already ha
European Commission Sees EC-OG as Rising Stars
EC-OG were this month named as ‘Rising Stars’ in the European Business Awards for the Environment. After being shortlisted to represent the UK, EC-OG’s Subsea Power Hub was put forward in the ‘Product’ category to the European Business Awards for the Environment jury. With 161 applications from 19 d
TUC Relaunches Closed Bell Course
The Underwater Centre, has become the world’s only commercial diving school to offer a closed bell saturation diving system with a self-propelled hyperbaric lifeboat (SPHL), following a major refurbishment. Thanks to investment and support from the global oil and gas sector, The Underwater Centre re
ONGC Charters Seamec III Vessel
A consortium between Seamec and Adsun Offshore Diving Contractors has secured a charter contract for Seamec III multi-functional diving support vessel from Oil and Natural Gas Corporation (ONGC) India. The charter is for a period of one year, Seamec informed. The total contract value is approximatel
NEC to Build Chennai-Andaman & Nicobar Islands Subsea Cable
NEC Corporation’s subsidiary, NEC Technologies India (NECTI), has secured a contract to design, engineer, supply, install, test and implement an optical submarine cable system connecting Chennai and the Andaman & Nicobar Islands (A&N Islands). The contract was awarded by Bharat Sanchar Nigam Limited
Fairfield vs Seabed Patent Infringement Case Continues
The U.S. District Court for the Southern District of Texas has ruled that Fairfield Geotechnologies’ ongoing patent infringement case against Seabed Geosolutions may go forward, denying a request by Seabed Geosolutions to stay the case. Namely, Fairfield Geotechnologies has filed four patent infring
Handal and Petronas to Jointly Develop Subsea Tech Solutions
Handal Resources has entered into an agreement with Petronas for a joint development of subsea technology solutions. The duration of the contract is for a fixed period starting from June 13, 2018 until August 12, 2018. The details of the scope of work in relation to the contract are in accordance wi
Profits Rise for Aker Solutions
Aker Solutions has seen its profit go up in the second-quarter 2018 at NOK 117 million, or NOK 0.42 per share, versus net income of NOK 33 million, or NOK 0.08 same time last year. The market activity boost allowed the Norwegian services company to generate quarterly revenue of NOK 6.3 billion ($778
SeaBird Acquires Seismic Vessel from CGG
SeaBird Exploration has started the acquisition process of the seismic vessel ‘Geowave Voyager’ and certain seismic equipment from Exploration Vessel Resources II, a wholly owned subsidiary of CGG for a cash consideration of USD 17 million. The acquisition also includes 40 km of Sercel Sentinel soli
RRS Sir David Attenborough Ready to Hit The Water
Britain’s new polar research vessel the RRS Sir David Attenborough is to be launched into the River Mersey for the first time this weekend Saturday 14 July 2018. Once in the river, tugs will tow the 10,000 tonne hull number 1390 to Cammell Laird’s wet basin for the next stages of construction. The 1