London-based private equity firm Blue Water Energy has acquired Pipeline Technique Limited (PTL), a provider of pipeline welding, field joint coating and spoolbase services to the energy industry, from Heerema Marine Contractors (HMC). PTL is headquartered in Huntly, UK with additional worksites in
OMV and Aker BP have signed a memorandum of understanding for sharing digitalization competencies and technology across borders.
Hellenic Cables – Fulgor SA has awarded a contract to Vos Prodect Innovations BV, to design and deliver sealed cable hang-off systems for 6 high voltage sealed cable hang-off systems. The cable hang-off systems will be installed on 3 platforms offshore Belgium. The Cable hang-off systems are designe
Guernsey Electricity has confirmed that the activity is underway to lay the new subsea cable which links the Island to Jersey. Exploratory and research work has been carried out underwater and the cable is currently under construction in Sweden. An environmental survey along the cable route in Guern
Soil Machine Dynamics (SMD) has delivered a 2400hp Cable Burial Tractor (CBT2400) to Boskalis. The CBT2400 and associated deck equipment were mobilized directly onto Boskalis’ specialist cable lay vessel, the Ndeavor from the Swan Hunter quayside access point adjacent to SMD’s production facility. T
ABB has won a contract from Arctic Offshore Farming to power its first-ever remote controlled submersible offshore salmon farm in the Arctic Ocean. ABB will provide a comprehensive package of its electrical, automation, instrumentation and telecom technologies. With the global market volume of salmo
Seabed seismic services player Magseis Fairfield has posted loss in the first quarter of 2019. The Oslo-listed company has seen its revenue at USD 120 million, up from USD 25 million same time last year (excluding Fairfield and WGP Group revenue). First-quarter EBITDA came at 16 million, against EBI
Hydraulic winches manufacturer ACE Winches has been awarded two major contracts in the Gulf of Mexico for the use of its linear winch pull-in systems.
Damen Dredging Equipment has delivered a customized CSD500-S to Australian customer, Energy Resources of Australia (ERA). The CSD, which has been named the Brolga I, will work in an acidic environment with a pH of approximately 3 for which a wide array of adaptations have been incorporated. The dred
Qatar Petroleum has awarded the FEED (front end engineering design) contract to McDermott for the North Field Expansion Project’s offshore pipelines and topsides facilities. The scope of this FEED includes engineering design for eight unmanned wellhead platform topsides, four 38” trunk lines and fou
Subsea 7 and Royal IHC have launched the fully integrated reel-lay vessel Seven Vega. The ceremony took place at IHC’s shipyard in Krimpen aan den IJssel, The Netherlands, and was performed by Monica Th. Bjørkmann, Vice President for Subsea 7 in Norway. Stuart Fitzgerald, Executive Vice President St
Atlantis Subsea Farming has for the first time deployed fish in its submersible pen and now the project is following the life of the fish in the deep. Atlantis Subsea Farming AS is owned by SinkabergHansen, AKVA group and Egersund Net, and in March last year the company was awarded a development lic
The technology group Wartsila has launched the Wartsila HY for Dredger, a new product based on their HY hybrid propulsion technology. The product was presented at a Future Dredger Day event held at the company’s Hybrid Centre in Trieste, Italy. “The Wartsila HY for Dredger features a combination of
Damen Shipyards Group and Hanson Aggregates Marine signed a contract earlier this month for construction of a Marine Aggregate Dredger (MAD) 3500. The dredger will be used to extract aggregates offshore up to depths of 55 metres, for use in the onshore construction industry. Due for delivery in Marc
