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Subsea

Oceaneering EX-Senior VP Joins FairfieldNodal Board
Subsea

Oceaneering EX-Senior VP Joins FairfieldNodal Board

FairfieldNodal has welcomed Knut Eriksen as the newest member of its board of directors. Eriksen recently retired from Oceaneering where he served as executive oficer and senior vice president of Business Development. Eriksen will lend his business insight to the FairfieldNodal board at a time when

about 8 years ago
Aquatic Develops New Tensioner Control System
Subsea

Aquatic Develops New Tensioner Control System

Aquatic said it has designed and developed a new control system for its range of tensioner systems, for handling of flexibles, umbilicals and steel pipes for the oil and gas and renewables markets. The technology has been developed by Aquatic’s in-house engineering team – in collaboration with clien

about 8 years ago
Bibby Offshore Strikes Dunlin Decom Deal with Fairfield Energy
Subsea

Bibby Offshore Strikes Dunlin Decom Deal with Fairfield Energy

Fairfield Energy has awarded Bibby Offshore a contract for the subsea infrastructure decommissioning (SID) of the Greater Dunlin Area. Bibby Offshore has been awarded the contract with a consortium of companies including The Port of Cromarty Firth. The scope of the contract includes the subsea infra

about 8 years ago
Parkmead Explores Subsea Tieback for GPA Project
Subsea

Parkmead Explores Subsea Tieback for GPA Project

Parkmead has signed an agreement with Nexen to conduct a detailed engineering study in relation to the potential subsea tieback of the Greater Perth Area project to the Scott platform and associated facilities in the UK Central North Sea. Parkmead has also taken ownership of the Perth and Dolphin oi

about 8 years ago
Aker Solutions Swings to Profit
Subsea

Aker Solutions Swings to Profit

Aker Solutions has reported net income of NOK 19 million, or NOK 0.09 in the fourth-quarter 2017, versus net loss of NOK 268 million, or NOK 1.07 in the prior-year comparable period. The Norwegian oil services company has ended 2017 in NOK 239 million profit on revenue of NOK 22.4 billion, compared

about 8 years ago

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Trans Adriatic Pipeline Gets EUR 1.5 Bln Push from EIB
Subsea

Trans Adriatic Pipeline Gets EUR 1.5 Bln Push from EIB

The Board of the European Investment Bank has approved EUR 1.5 billion of financing for the Trans Adriatic Pipeline (TAP) The Trans Adriatic Pipeline (TAP) will transport Caspian natural gas to Europe. Connecting with the Trans Anatolian Pipeline (TANAP) at the Greek-Turkish border, TAP will cross N

about 8 years ago
PHOTO: UDS Newbuild Taking Shape
Subsea

PHOTO: UDS Newbuild Taking Shape

The largest to date diving support construction vessel of Singapore-based Ultra Deep Solutions, the DSCV Matisse, is said to be on schedule for Q2 2019. The Matisse is an MT 6027 design with 145 meters in length and a beam of 27 meters. The vessel is a DNV-GL class with a 24 men saturation system [&

about 8 years ago
Aker Solutions Eyes Offshore Wind Market
Subsea

Aker Solutions Eyes Offshore Wind Market

Aker Solutions has invested in floating wind power technology company Principle Power, forming an alliance that brings its offshore oil and gas field engineering expertise into a fast-growing renewable energy market. Aker Solutions believes that its capabilities in floating facilities could help bri

about 8 years ago
J2 Subsea Gets General Manager
Subsea

J2 Subsea Gets General Manager

J2 Subsea, an Acteon company, has appointed Christian Blinkenberg as general manager based in Aberdeen. John Walker, managing director, J2 Subsea, stated: “Christian brings a huge breadth of industry experience and I am delighted he is joining J2 Subsea to strengthen our expanding team. “This appoin

about 8 years ago
Benthic to Carry Out Caspian Sea Geotech Survey
Subsea

Benthic to Carry Out Caspian Sea Geotech Survey

Benthic, a geosciences company, has secured a contract for an offshore geotechnical investigation in the proposed Azeri Central East platform location in the Caspian Sea. Benthic will execute the geotechnical scope of work from the Topaz Caspian Supporter in Q1 2018. The Benthic Portable Remotely Op

about 8 years ago

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Kongsberg Maritime Reappoints Unique Group as Middle East Dealer
Subsea

Kongsberg Maritime Reappoints Unique Group as Middle East Dealer

Unique Group has re-established a dealer agreement with Kongsberg Maritime for the Middle East region. Under the business cooperation agreement, Unique Group’s offices in the region will offer sale and service of KM’s underwater mapping, navigation, acoustics and camera solutions to customers in the

about 8 years ago
Tritech Rolls Out Smallest Multibeam Imaging Sonar
Subsea

Tritech Rolls Out Smallest Multibeam Imaging Sonar

Tritech has released the 720im sonar, which adds another model to the Gemini range. Weighing less than 500 grams and measuring only 63 milimeters wide, the new unit is, according to Tritech, significantly smaller than other comparable sonars available. Scott McLay, sales director at Tritech, said: “

about 8 years ago
Royal IHC Advances with Subsea 7 Reel Lay Vessel Project
Subsea

Royal IHC Advances with Subsea 7 Reel Lay Vessel Project

Royal IHC said it has successfully passed the first significant milestones in the design and build process of an integrated reel lay vessel for Subsea 7. According tot the company, notable achievements include the early completion of the model testing for resistance and propulsion as well as seakeep

about 8 years ago
Expro Wraps Up Financial Restructuring
Subsea

Expro Wraps Up Financial Restructuring

Oilfield services company Expro has completed its financial restructuring, which should provide the company with a stronger and more sustainable financial foundation to grow the business. The financial restructuring eliminated Expro’s entire $1.4 billion of funded debt, including the associated $80

about 8 years ago