Subsea
Fugro in Brazilian Hydrocarbon Seeps Study for TGS
Fugro has started hydrocarbon seeps survey for TGS offshore Brazil. Two purpose-built vessels, Fugro Brasilis and Fugro Searcher, have been deployed to acquire high-resolution multibeam echosounder and sub-bottom profiler data in the Campos and Santos Basins. The survey is designed to mirror TGS’s 2
EMEC Hires Leask Marine for Tidal Foundation Tripod Removal
The European Marine Energy Centre (EMEC) has contracted Orkney-based Leask Marine to remove a tripod foundation from EMEC’s Fall of Warness tidal energy test site. The operation will feed into a collaborative FORESEA-funded project called Forensic Decommissioning for Tidal Energy Converters (FoDTEC)
INTERVIEW: Global OCV Fleet Worth Close to $27 Billion
VesselsValue, the online platform for valuation, AIS and market intel service for the maritime and offshore sectors, is publicly launching its Offshore Construction Vessel valuations in May this year. Subsea World News interviewed Charlie Hockless – VV’s Head of Offshore to learn more about the new
Lankoforce Provides Riser Tethers for Layang Field in Malaysia
Offshore mooring rope specialist, Lankhorst Euronete Portugal, has supplied Lankoforce synthetic riser tethers to Dialog for the Layang field development in Malaysia. The three riser tethers use Dyneema DM 20, a high modulus polyethylene (HMPE) rope, for permanent subsea anchoring of flexible risers
Houston Mechatronics Rolls Out AUV-ROV Shapeshifter
Houston Mechatronics has unveiled its new subsea robot – Aquanaut. The Aquanaut is a multipurpose subsea robot which employs a patented shape-shifting transformation from an autonomous underwater vehicle (AUV) to a remotely operated vehicle (ROV). The vehicle enables both the collection of data over
Blue Water, Endurance Exploration Continue SS Pulaski Salvage
Blue Water Ventures International and Endurance Exploration Group have extended their agreement concerning the salvage of the shipwreck believed to be the SS Pulaski. The new agreement runs through the end of 2018 and ensures that salvage operation will continue without interruption as the 2018 reco
OFG, Fukada Finalize Gas Hydrate CSEM Survey in Japan
Ocean Floor Geophysics (OFG), in cooperation with Fukada Salvage and Marine Works (Fukada), has completed a third high resolution controlled source elctromagnetic (CSEM) survey of near surface gas hydrates in Japanese waters for the National Institute of Advanced Industrial Science and Technology (A
Aker Solutions Boosts Profits
Aker Solutions has seen its profit go up by some 70 per cent as it generated net income of NOK 105 million, or NOK 0.31 in the first-quarter 2018, versus net income of NOK 62 million, or NOK 0.23 same time last year. The Norwegian services company generated revenue of NOK 5.5 billion ($688 million),
PGS Narrows Quarterly Deficit
Petroleum Geo-Services (PGS), reported net loss for the fourth quarter ended March 31, 2018 of $40 million versus $106 million in the prior-year quarter. Basic loss was 12 cents per share, narrowed from 32 cents per share same time last year. Norway-based PGS generated revenues of $201 million for t
OGTC Supports Small Pools Vision
The Oil & Gas Technology Centre is backing four subsea ‘plug and play’ projects to help unlock the 3.4 billion barrels of oil and gas in marginal fields, or ‘small pools’ on the UK Continental Shelf. Plug and play is a concept from the computing and space industries, where equipment is designed to b
Nexans to Provide Umbilicals for BP’s Mad Dog 2 in GoM
BP has selected Nexans to supply umbilicals for the second stage of the Mad Dog field development in the Gulf of Mexico. Within an existing five-year frame agreement, BP has ordered Nexans’ static and dynamic umbilicals and accessories that will be deployed in water depths from approximately 1,280 m
Maersk Supply Service Kicks Off Seabed Minerals Environmental Study
The Maersk Supply Service multi-purpose vessel, Maersk Launcher, has left San Diego port for its first deep sea mineral offshore study. The departure marks a milestone for Maersk Supply Service’s work with deep sea metal company, DeepGreen. MSS began working with DeepGreen in 2017, to bring marine k
Van Oord Awards New Subsea Cable Protection Contracts to Tekmar
Cable protection specialist for offshore wind farms, Tekmar, has been awarded multiple contracts by Van Oord to supply its systems for both the Deutsche Bucht and BorWin3 projects. For the Deutsche Bucht, located in the German Bight, 95 kilometres northwest of the island of Borkum, Tekmar will suppl
Saipem Slips into Red on 15 Pct Lower Revenues
Italian oilfield services player Saipem has reported loss in the first quarter of 2018 of €2 million ($2.4 million), on revenues of €1.91 billion ($2.32 billion). This result compares to profit of €47 million ($57.2 million) on revenues of €2.23 billion ($2.71 billion). Revenues fell some 15 per cen