Uncrewed surface vehicle (USV) specialist HydroSurv is joining forces with marine technology firm Sonardyne to develop and demonstrate transformative seabed-to-shore sensing and data acquisition technologies for offshore operations. Through a collaborative project, part-funded by Innovate UK through
Helix Energy Solutions has seen its fourth-quarter 2020 profit almost cut in half on lower well intervention activity, slightly offset by its robotics unit. The Houston-based company reported net income of $4.2 million, or $0.03 per diluted share, for the fourth quarter 2020 compared to $8.1 million
Subsea technology and services provider Ashtead Technology has invested £1 million to develop a new R&D and engineering facility in Aberdeenshire. The firm has also launched a recruitment drive to bolster its operations as part of its long-term business goal. Upgrading an existing site at Thainstone
Okeanus has expanded its geographical footprint to include offices and equipment storage facilities in the state of Rhode Island, to support the offshore energy sector amid increasing offshore wind activity in the northeastern United States. The US-based oceanographic equipment provider now has a ne
Norwegian offshore vessel owner GC Rieber has entered into an agreement to sell the IMR / Walk-to-Work vessel Polar Queen. According to GC Rieber, the sale to the undisclosed buyer will see the vessel, built at Freire Shipyard in 2011, leave the offshore industry. The gangway onboard the vessel is n
CWind Taiwan has secured a contract by Van Oord to charter a survey vessel for the nearshore cable route survey at the Greater Changhua 1 & 2a offshore wind project in Taiwan. Starting this March, CWind Taiwan will use Ocean Surveyor 3 to support Van Oord in conducting multibeam surveys of the wind
GC Rieber Shipping has agreed a charter extension with DeepOcean for the SURF vessel Polar Onyx. The deal will be in direct continuation of the ongoing charter in Ghana. Norwegian shipowner said the extension will see the vessel stay with DeepOcean until the end of May 2021. Built in 2014, the subse
Dutch subsea and survey specialist Fugro has seen its loss almost doubled in 2020 with revenues down some 12 per cent due to the impact of Covid-19 and the downturn in oil and gas. The company recognised net loss of €74 million in 2020, against net loss of €39.6 million in 2019. Revenue declined in
Fugro has secured a contract to conduct a cable route survey for the New England Aqua Ventus I floating wind project offshore Maine. Under the contract, Fugro will carry out a combined geophysical, environmental and geotechnical cable route survey at the state-designated area two miles south of Monh
AqualisBraemar LOC Group is acquiring East Point Geo, a UK-based geoscience consultancy in the offshore and onshore renewable energy and oil and gas sectors. AqualisBraemar LOC, which has entered into a definitive agreement to obtain 100 per cent of the share capital of East Point Geo Limited, said
Norwegian contractor Reach Subsea and its Swedish partner MMT have landed a three-year deal, with two one-year options from Nord Stream AG. This award follows on from the original contract for inspection of both lines of the Nord Stream Pipeline running through the Baltic Sea from Russia to Germany
Castle Ship Management (CSM), a vessel ownership company based in Gibraltar, has taken control of operations formerly managed by offshore vessel company Atlantic Marine Offshore in the UK, through Castle Ship Technical Management UK. CSM has made the decision after a recent court ruling to proceed w
Norwegian offshore safety watchdog PSA has granted consent for manned underwater operations in 2021 to Vår Energi, Equinor, Gassco and Aker BP. Equinor has signed framework agreements with TechnipFMC and Subsea 7 for the performance of manned underwater operations in 2021. Through a pool agreement w
James Fisher Offshore (JFO) has divided its UK team into specialised divisions to meet the requirements of its two key markets: the decommissioning sector and the life of field industry. According to the company, this approach enables customers to work with a dedicated team that focuses solely on th
