Saipem’s vessel Castorone has started operations to install Norway’s largest pipeline to the Johan Sverdrup field. The 36-inch pipeline, which will extend more than 280 kilometers out to the Johan Sverdrup field once installed, is being pulled through a pre-drilled hole at the bottom of the Fensfjor
Kraken Robotics Systems has appointed Dr. Jeremy Dillon as the company’s chief scientist. As an original member of Kraken’s Synthetic Aperture Sonar (SAS) team, Dillon developed the signal processing algorithms for the AquaPix SAS imaging and bathymetry software. He also invented Kraken’s AquaTrak C
Dredging Today brings you an overview of the most popular stories from the past week (April 23-29, 2018). Weeks Marine Wins $11.4 Million Wilmington Dredging Contract Weeks Marine Inc. has won an $11.4 million contract for the Wilmington Harbor Inner Ocean Bar maintenance dredging program in Bruns
Houston Mechatronics has unveiled its new subsea robot – Aquanaut. The Aquanaut is a multipurpose subsea robot which employs a patented shape-shifting transformation from an autonomous underwater vehicle (AUV) to a remotely operated vehicle (ROV). The vehicle enables both the collection of data over
Aker Solutions has seen its profit go up by some 70 per cent as it generated net income of NOK 105 million, or NOK 0.31 in the first-quarter 2018, versus net income of NOK 62 million, or NOK 0.23 same time last year. The Norwegian services company generated revenue of NOK 5.5 billion ($688 million),
The Dutch company Dredge Pump Solutions (DPS), a division of MvO International B.V., and Belgium’s Global Industrial Sourcing & Logistics bvba (GISL) have agreed a mutually beneficial partnership to enhance opportunities in the emerging Asian dredging market. With a primary focus on Indonesia, Bangl
Petroleum Geo-Services (PGS), reported net loss for the fourth quarter ended March 31, 2018 of $40 million versus $106 million in the prior-year quarter. Basic loss was 12 cents per share, narrowed from 32 cents per share same time last year. Norway-based PGS generated revenues of $201 million for t
JGC Corporation has signed a cooperation agreement with China’s Offshore Oil Engineering Co. (COOEC).
The Oil & Gas Technology Centre is backing four subsea ‘plug and play’ projects to help unlock the 3.4 billion barrels of oil and gas in marginal fields, or ‘small pools’ on the UK Continental Shelf. Plug and play is a concept from the computing and space industries, where equipment is designed to b
BP has selected Nexans to supply umbilicals for the second stage of the Mad Dog field development in the Gulf of Mexico. Within an existing five-year frame agreement, BP has ordered Nexans’ static and dynamic umbilicals and accessories that will be deployed in water depths from approximately 1,280 m
The Maersk Supply Service multi-purpose vessel, Maersk Launcher, has left San Diego port for its first deep sea mineral offshore study. The departure marks a milestone for Maersk Supply Service’s work with deep sea metal company, DeepGreen. MSS began working with DeepGreen in 2017, to bring marine k
Vryhof Anchors has secured contracts for its STEVSHARK®REX anchoring solution with a number of dredging, oil and gas, offshore construction and marine renewables companies. These include Jan De Nul Group, a Luxembourg based dredging, offshore, civil and environmental contractor, international EPC co
Cable protection specialist for offshore wind farms, Tekmar, has been awarded multiple contracts by Van Oord to supply its systems for both the Deutsche Bucht and BorWin3 projects. For the Deutsche Bucht, located in the German Bight, 95 kilometres northwest of the island of Borkum, Tekmar will suppl
Italian oilfield services player Saipem has reported loss in the first quarter of 2018 of €2 million ($2.4 million), on revenues of €1.91 billion ($2.32 billion). This result compares to profit of €47 million ($57.2 million) on revenues of €2.23 billion ($2.71 billion). Revenues fell some 15 per cen
