Celtic Norse fibre optic cable between Norway and Ireland will be partnered by Vodafone Iceland to develop a branch into Iceland. It is also investigating the opportunity to develop a branch into Scotland, initially with the government’s infrastructure body, the Scottish Futures Trust and Host in Sc
Heerema Marine Contractors will provide its crane vessels with clean energy by switching them from diesel generators to wind energy.
Fugro will be able to monetise part of its non-core interest in Global Marine Group (GMG), following the stake sale in Huawei Marine Networks (HMN). GMG has agreed to a sale of its 49% stake in Huawei Marine to Hengtong Optic-Electric, in a transaction that values HMN at $285 million, and Fugro’s st
Subsea 7 has been awarded a front-end engineering design (FEED) study by OneSubsea, a division of Schlumberger, for the subsea umbilicals and flowlines system of the Ormen Lange field, operated by A/S Norske Shell. A/S Norske Shell awarded OneSubsea an engineering, procurement, construction and inst
OneSubsea, a division of Schlumberger, has secured an engineering, procurement, construction and installation (EPCI) frame agreement from A/S Norske Shell to supply a subsea multiphase compression system for the Ormen Lange field in the Norwegian Sea. Through the EPCI contract, OneSubsea and its Sub
Straightpoint, a Crosby Group company, has launched the Subsea Link, a standard product for applications up to 2,000m beneath the water’s surface. The product can be rigged with Crosby’s remotely operated underwater vehicle (ROV) shackles and the company’s Trawlex shackle range, amongst others. The
Oceaneering has reported a net loss of $25.5 million, or 26 cents per share, for the three months ended September 30, 2019. The result compares with net loss of $66 million same time last year. During the prior quarter ended June 30, 2019, Oceaneering reported a net loss of $35 million, or 36 cents
JDR Cable System and Subsea 7 Norway have been awarded cabling contracts for Equinor`s Hywind Tampen project. JDR will be responsible for the design, procurement and fabrication of export and inter-array cables. The cables will be fabricated in Hartlepool in the UK. Subsea 7 has been tasked with ins
Saipem and Wello have undertaken to work together for the successful execution of their first joint project. This will be in the framework of the memorandum of understanding signed last September regarding the deployment of WEC Penguin technology for the production of energy from marine waves. The p
Baker Hughes has reported profit of $57 million or 11 cents per share on GAAP basis for the quarter ended September 30, 2019. The result compares with $13 million profit in Q3 2018, and $9 million loss sequentially. Adjusted net income (non-GAAP) attributable to Baker Hughes was $114 million, up 46%
Oil company Aker BP, oilfield services provider Schlumberger, and Stimwell Services have established a well intervention and stimulation alliance to accelerate and boost oil production.
Chilean telco Gtd has deployed Infinera solutions to increase capacity across its terrestrial network in Chile and its subsea networks for “Prat,” a submarine optical fiber project that is set to provide high-quality internet for Gtd’s national territory in Chile. Gtd operates subsea and terrestrial
IMEWE (India-Middle East-Western Europe), the ultra-high capacity fiber optic submarine cable system, is deploying Ciena’s coherent optical solutions and automation software to address network capacity requirements in the region. Ciena’s solutions provide IMEWE with a network capable of delivering i
MacGregor, part of Cargotec, has received an order from the China National Offshore Oil Corporation (CNOOC) to supply the riser pull-in system for a deepwater Floating Production Unit (FPU) located in the Lingshui 17-2 gas field. The order is booked into Cargotec’s third quarter of 2019 order intake
