Subsea
Saipem Cuts Deficit; Full-Year Guidance Misses Expectations
Italian oilfield services player Saipem has reported loss in the year 2017 of €328 million ($406 million), on revenues of €9 billion, versus loss of some €2 billion (2.5 billion) in 2016, on major asset write-downs that year and revenues of €10 billion. At the end of Q3 2017, Saipem maintained its g
SMST Crane Kits Out Bordelon Marine ULIV
Bordelon Marine has completed its third ultra-light intervention vessel (ULIV), the Connor Bordelon, with the installation of the SMST 60t knuckle boom crane with active heave compensation. With the addition of this former platform supply vessel to the ULIV fleet, the US-based Bordelon Marine aims a
Innospection Boosts Presence in Brazil with Advanced NDT Buy
Innospection, an inspection provider for the oil and gas industry, has acquired Advanced NDT Brazil. The acquisition sees Aberdeen-based, Innospection secure a physical presence in Brazil with their new office in Campos, Rio de Janeiro and will see them build on relationships and inspection contract
Huawei Marine and PCCW to Link Mauritius and Rodrigues Island
Huawei Marine has said it will partner with PCCW Global to construct the first submarine cable between Mauritius and Rodrigues Island. Located north-east of Mauritius, Rodrigues is a small volcanic island, with its local telecommunications services currently provided by satellite connectivity. PCCW
OGTC Backs Sonomatic and Strathclyde Uni Robotics Projects
The Oil & Gas Technology Centre has invested in three robotics projects to transform pressure vessel inspection. The projects were selected as part of our first Asset Integrity ‘Call for Ideas’, which launched in 2017. Pressure vessel inspection was identified by the industry as a crucial challenge
SSEN Submits Needs Case to Ofgem for Orkney Subsea Cable
Scottish and Southern Electricity Networks (SSEN) has submitted a Strategic Wider Works (SWW) ‘Final Needs Case’ to Ofgem for a subsea cable transmission link from Orkney to the Scottish mainland. Following the significant growth in small-scale renewable electricity generation over recent years, the
USS Lexington Wreck Found
An expedition crew of the research vessel (R/V) Petrel has discovered the wreckage of USS Lexington that went missing 76 years ago, Paul G. Allen informed. The Lexington was found 3,000 meters below the surface, resting on the floor of the Coral Sea more than 500 miles off the eastern coast of Austr
Elia Appoints LOC as MOG Marine Warranty Surveyor
Elia, Belgium’s electricity transmission system operator, has contracted London Offshore Consultants (France) to provide marine warranty surveyor (MWS) services for the modular offshore grid (MOG) project in the Belgium sector of the North Sea. The MWS provides independent third-party technical revi
Aker BP Gets Nod for Manned Underwater Ops in 2018
Aker BP has received consent from Petroleum Safety Authority (PSA) Norway to perform manned underwater operations in 2018. The underwater operations will be undertaken by Aker BP’s contractor Subsea 7, at the Alvheim, Ula and Valhall fields. The underwater operations will be carried out by the divin
Aquabotix Adds New Commercial Partner
UUV Aquabotix has added new commercial partner and distributor, Azorean Aquatic Technologies, to help support the company’s global expansion and sale of its underwater robotics products. Azorean, headquartered in Ponta Delgada, Portugal, will aid the sale of Aquabotix’s Endura remotely operated vehi
UKHO Starts Seabed Survey in Tonga
The UK Hydrographic Office (UKHO) has began a survey in the waters of the Kingdom of Tonga as part of the Commonwealth Marine Economies Programme. The company will use multibeam sonar equipment to map key areas of the seabed in the approaches to the harbour of the capital, Nuku’alofa, on the main is
Energean Gets Funding for Karish and Tanin; Inks FPSO Deal with TechnipFMC
Energean Oil & Gas in Israel has signed a secured Senior Credit Facility that will provide funding for Karish and Tanin fields development. In addition, the company also signed a contract with TechnipFMC for the construction of an FPSO for the project. The company signed the Senior Credit Facility o
EDS Wraps Up Rampion Offshore Wind Farm Work
EDS HV Group (EDS), a part of James Fisher and Sons, has completed its scope of work for cable termination and testing works at the Rampion offshore wind farm. The Rampion development, located off the Sussex coast in the UK, features 116 turbines each 3.45MW in capacity, giving the project a total g
Oceaneering Buys Ecosse Subsea
Oceaneering International has acquired Ecosse Subsea, a provider of offshore engineering, seabed preparation, route clearance and trenching services, for approximately GBP 50 million. Enabling technologies acquired in the transaction include Ecosse’s modular SCAR seabed system and its newly develope