Subsea
Aker BP Hires DeepOcean for Subsea IMR Works
Aker BP has awarded a contract to DeepOcean for subsea inspection, maintenance and repair (IMR) activities. The contract has a total market value of minimum NOK 300 million during the initial three years, with an option to continue the activities for an additional six years (2+2+2). The contract inc
TechnipFMC Eyes Subsea Comeback, Nets $121M in Q3
TechnipFMC has reported third-quarter 2017 net income of $121 million and diluted earnings per share of $0.26. Excluding charges and credits, adjusted diluted earnings per share were 39 cents. Profit for the prior-year comparable period was $327 million on pro forma basis. Total company operating pr
VBMS Nets Moray OWF East Inter-Array Cable Deal
VBMS, a subsidiary of Royal Boskalis Westminster, has signed a Preferred Bidder Agreement for the supply and installation of the inter-array cables for Moray Offshore Windfarm East (MOWE) in the UK. MOWE is a joint venture company owned by EDP Renewables (77%) and ENGIE (23%). The contract award is
CGG Secures Ivory Coast Multi-Client Survey Deal
CGG has secured a contract by Côte d’Ivoire’s Direction Générale des Hydrocarbures (DGH) and Petroci, to acquire with its local partner, Harvex Geosolutions, a multi-client program of gravity, gravity gradiometry and magnetic data over the Republic’s onshore and shallow offshore basins. The schedule
Neptune Bags Quadrant Energy Contract
Neptune Survey has been awarded Quadrant Energy’s rig positioning contract for 2018. Quadrant Energy has contracted Transocean’s semi-submersible MODU ‘Development Driller-1’ for the three well campaign. The campaign is due to run over an estimated 200 days, starting in the first quarter 2018. Neptu
Fugro and AGI in Hydrocarbon Seep Hunting Off Canada
Fugro has teamed up with Amplified Geochemical Imaging (AGI) to acquire offshore hydrocarbon seep data in advance of Canada’s 2018 east coast bid round. Bathymetry, backscatter and water column anomaly data will be collected to pull together a picture of surficial geological features. These data wil
Aquabotix Adds New Distributor in USA
UUV Aquabotix has announced the addition of W.S. Darley & Co. as a distributor for Aquabotix in the USA. Darley was established in 1908 and grew its reputation through the supply of firefighting equipment, which remains core to its business. Today Darley’s business spans the broader emergency servic
Management Buyout for UK’s Salos Sunesis
Offshore oil & gas performance improvement specialist, Salos Sunesis, has recently carried out a management buyout, which has enabled director Grant Wallace to acquire the Aberdeen-based company from founder Ty Crandall. The company was formed 21 years ago, and during this time the team has assisted
Ocean Energy Europe 2017 Event Kicks Off
Europe’s leading ocean energy industry will assemble in Nantes, France today at the Ocean Energy Europe 2017 Conference & Exhibition to assess its progress towards commercialisation. Despite political uncertainties, the sector has demonstrated its resilience over the past 12 months by generating rec
Monaco Oceanography Institute Utilizes ECA Group’s ROV
ECA Group has delivered a fully equipped H800-1000 remotely operated vehicle (ROV) to Monaco Oceanography Institute, for coral reef sampling and analysis. Oceanography scientists check the status of the deep coral reefs by collecting samples of coral and surrounding water, for further analysis. What
Ardyne Names New Chairman
Aberdeen-based plug and abandonment and slot recovery technology specialist, Ardyne, has appointed Paul Warwick as non-executive chairman. Warwick has been a non-executive director of Ardyne since shortly after the launch of the company in 2016. He will take on the role of non-executive chairman fro
Aker BP Buys Hess Norge for USD 2.0 Billion
Aker BP has entered into an agreement to acquire Hess Norge for the cash consideration of USD 2.0 billion. The transaction includes Hess Norge’s interests in the Valhall (64.05 per cent) and Hod (62.5 per cent) fields in which Aker BP becomes the sole owner. Aker BP will also assume Hess Norge’s tax
Coda Octopus’ Echoscope Sees Deployment on Race Bank OWF
Coda Octopus’s Echoscope real-time 3D sonar system has been deployed on the Race Bank offshore wind farm project by DeepOcean. The Echoscope was used for a vast number of tasks including live cable touch-down monitoring and position recording, monitoring of first and second end pull-ins, cable-cut m
NKT to Repair Norway – Denmark Subsea Power Link
NKT, the power cable system provider, has been selected by Statnett to repair the Skagerrak 2 cable, which is one of the four links connecting Norway and Denmark. The cable between Kristiansand in Norway and Tjele in Denmark was damaged in end-July due to external impact and NKT is going to do a tur