Magseis and Fairfield Geotechnologies have entered into an agreement whereby Magseis will acquire the Seismic Technologies business from Fairfield. The acquisition comprises data acquisition, nodal and system sale & rental activities including all shares in Fairfield’s wholly owned UK subsidiary WGP
As the CEDA-IADC Dredging for Sustainable Infrastructure Conference is approaching very fast, we took an opportunity to speak with Mr. Erik van der Blom, Manager Development and Innovation at the conference’s gold sponsor – Royal IHC. In this interview, Mr. van der Blom revealed his expectations of
Maritime Developments (MDL) has concluded a pipe replacement project in Honker Bay, California. MDL’s 25Te 2-track Tensioner (MDL TTS-2/140) was used to handle a small-diameter steel pipe, as part of a horizontal directional drilling (HDD) project. The operation facilitated the replacement of a 1.9
Total E&P Norge has been given consent to use Skirne and Byggve offshore gas fields beyond the originally planned operational life. Skirne and Byggve deposit is in the central North Sea, 20 kilometers east of Heimdal at water depth of 120 meters. The field has been developed using two subsea templat
Kvaerner has signed a contract of approximately NOK 900 million with Equinor for delivery of the steel substructure for the Johan Sverdrup Phase 2 process platform. With this award Kvaerner will deliver the fourth substructure for the Johan Sverdrup field, one of the world’s largest ongoing offshore
The U.S. Department of Energy has issued a notice of intent for funding of cost-shared research and development projects which would increase the potential for deepwater enhanced oil recovery of conventional resources.
Baker Hughes, a GE company, (BHGE) has reported profit of $13 million or 3 cents per diluted share on GAAP basis for the quarter ended September 30, 2018. Adjusted diluted earnings per share were 19 cents per share. The company generated revenue of $5.7 billion for the quarter, up 2% sequentially an
Universal Foundation has entered into a contract with the Dutch marine contractor Van Oord. Under the contract Universal Foundation will provide services to Van Oord to support the installation of two Mono Bucket foundations at the Deutsche Bucht offshore wind project, owned by Canadian power produc
SIMEC Atlantis Energy has decided to enhance the existing 6MW MeyGen tidal array through the addition of at least two of the its new tidal turbines. When installed, these new Atlantis turbines, which are capable of generating up to 2.0MW using more powerful generators and larger rotor diameters, wil
Forum Energy Technologies recorded loss in the third-quarter 2018 of $3 million, or 3 cents per diluted share, compared to net loss of $15 million, or 14 cents per diluted share, for the prior-year comparable period. Sequentially, Forum narrowed its losses, also from loss of 15 cents per share, desp
A contract has been signed between Damen Shipyards Hardinxveld and Herman Sr. BV for the building and delivery of a Shoalbuster 2308 S, to be named Teddy. The new vessel will join the five other Damen Shoalbusters currently operated by the company and, with the hull already available from stock, is
L3 ASV has received U.K. government funding for a pioneering project on autonomous navigation of maritime vessels. The company will conduct a study with its partners in the Maritime & Coastguard Agency (MCA) and United Kingdom Hydrographic Office (UKHO), focusing on the future of marine navigational
General Dynamics Mission Systems has recently released the new Bluefin-9 autonomous unmanned underwater vehicle (UUV). The two-man portable UUV is said to provide the same data collection capabilities of larger UUVs, and can be deployed and recovered from piers, a rigid-hulled inflatable boat (RHIB)
AGR has appointed André Sæthern as new head of Reservoir Management in Norway Sæthern joins AGR from VNG, where he led non-operated producing assets team in addition to overseeing the operator’s Danish development assets. He was a member of the board of directors at German oil and gas utility VNG No
