Marine Software Ltd. recently supplied CEMEX UK Marine Limited with the MPM – Marine Planned Maintenance for Windows software for their new build dredger “CEMEX Go Innovation”. CEMEX and Damen signed the contract for this highly advanced and efficient Marine Aggregate Dredger (MAD) 3500 in January 2
Houston-based McDermott has reported quarterly profit of $47 million, or $0.33 per diluted share, compared to $36 million, or $0.38 per diluted share in the second quarter of 2017. Adjusted net income for the second quarter was $59 million, with adjusted diluted earnings per share of $0.29. The comp
McDermott has secured a sizeable contract award by PEMEX for subsea pipeline flowline installation in support of its Ayatsil field, located 50 miles northwest of Ciudad del Carmen in the Bay of Campeche offshore Mexico. According to McDermott, the sizeable contract has a value between USD 1 million
KW Designed Solutions has recently been awarded a project by Eaton’s MEDC for the supply of two pressure testing bays. KW Designed Solutions has been asked to produce two high volume, highly autonomous and visually impactful pressure testing rigs that will allow Eaton’s MEDC products to meet their c
Seanamic Group has appointed David Hutchinson as its new CEO. Hutchinson joins Seanamic from Aker Solutions, where he led their Asia-Pacific region for five years and was latterly responsible for subsea business development in Europe and Africa. In his new role, David will work across all four Group
Carnegie Clean Energy has signed of a collaboration agreement with renewables player Enel Green Power (EGP) which will see EGP invest €1 million (AU$1.6 million) in the research, development and deployment of the CETO wave energy technology. EGP will also become a technical advisory committee member
IKM Testing Australia has been awarded a contract by Quadrant Energy to provide engineering, subsea pigging and flushing services on their East Spar Field. The scope of work initially will begin with onshore pigging trials at IKM’s Perth facility. Once completed, works will follow on with purging, h
Forum Energy Technologies recorded loss in the second-quarter 2018 of $15 million, or 14 cents per diluted share, compared to net loss of $78 million, or 81 cents per diluted share, for the prior-year comparable period. Sequentially, Forum slipped into red from profit of 25 cents per share. The Q2 2
The 55 meters high jacket for TenneT’s first offshore platform in the Borssele wind farm zone has been completed. The load-out of the jacket at the HSM Offshore shipyard in Schiedam is the first milestone for TenneT in the realization of the Borssele Offshore Wind Farm Zone project. During the load-
Kvaerner has delivered the third jacket for Johan Sverdrup Phase 1 development in the North Sea. Through the frame agreement entered into in 2014, and in international competition, Kvaerner was awarded the three largest substructures out of four for the first phase of the project. The first delivery
2H Offshore, riser and conductor specialists in subsea services group, Acteon, has completed the installation of a retrofit conductor supported platform (CSP). This enabled a successful appraisal well to be transitioned to production in 26 meters water depth, offshore Bahrain, within 6 months of pro
Energy consultancy Xodus Group has been presented with the Silver Corporate Partner Award by the Institution of Chemical Engineers (IChemE). The company received the recognition for its commitment to supporting engineers’ professional development and advocating the profession to school pupils throug
Prysmian’s chairman Massimo Tononi has tendered his resignation from the positions of company’s chairman of the board of directors, board member and member of the remuneration, nomination and sustainability committee. The resignation is effective as from the end of the meeting of the board of direct
Naval Energies has decided to stop investing in the field of tidal turbines and to concentrate its efforts on floating wind turbines and ocean thermal energy conversion. Following Naval Energies’ decision, its Dublin-based subsidiary OpenHydro has been put under provisional liquidation. On 24 July,
