Aberdeen-based energy services company Proserv has entered into a restructuring agreement with its principal lenders in order to strengthen its long term financial structure. The agreement will result in up to $50 million of fresh capital being injected into the business and will see existing lender
The Japan Coast Guard (JCG) has expanded its unmanned ocean observation fleet of Wave Gliders to the 9th Regional District, headquartered in Niigata, Japan. This growth is part of JCG’s multi-year, ocean monitoring program to provide situational awareness of ocean currents, wave activity, and weathe
Forum Subsea Technologies a subsidiary of Forum Energy Technologies, has seen a strong start to the year with three recent sales awards in Russia and Norway. The deals will see the firm supplying four of its remotely operated vehicles (ROVs) to academia and the aquaculture industry. Forum said that
Tullow Oil subsidiary, Tullow Ghana Limited, has awarded a contract for a 2.5-kilometer flowline to Magma Global for its TEN project in Ghana.
Tero Marine has secured a contract for delivery of fleet management software to Norwegian shipping company Solstad Farstad.
OGCI Climate Investments, an investment vehicle formed by several oil majors through their joint Oil and Gas Climate Initiative, has this week announced a $20 million grant aiming to fund technologies that will help reduce methane emissions.
Survey and positioning services specialist iSURVEY said it has invested more than £40,000 in staff training. iSURVEY staff were educated in rapid and accurate acquisition and processing of seabed survey data. During February and March, the staff gained a deeper understanding and awareness of the key
Assodivers a Greek-based underwater contractor has taken delivery of two MERMAC winches from MacArtney: one 19.5 ton AHC (active heave compensation) winch and one 6 ton umbilical winch. These winches form part of a project relating to Denmark’s biggest offshore wind farm Kriegers Flak located in a s
XPRIZE has announced nine finalist teams advancing in the $7-million Shell Ocean Discovery XPRIZE, a three-year global competition challenging teams to advance ocean technologies for rapid, unmanned and high-resolution ocean exploration. XPRIZE will award each finalist an equal share of a $1 million
Kongsberg Maritime has completed the delivery of portable multibeam echo sounders to Service Hydrographique et Océanographique de la Marine (Shom) in France. Kongsberg Maritime won a tender in late 2017 to supply KONGSBERG EM 2040P multibeam echo sounders to Shom. A total of three EM 2040P systems w
Deck machinery specialist ACE Winches has recently appointed Robin Sayer to the position of country manager, ACE Winches Norge. Robin Sayer previously held senior management positions within Frank’s International including 10 years as Norway country manager. Sayer will be responsible for managing th
Oilfield services provider TechnipFMC has supplied the umbilicals system for the Kaombo project offshore Angola.
TechnipFMC has completed the engineering, procurement, fabrication and supply of umbilicals for the Kaombo project off Angola. The multi-site project utilized the facilities of TechnipFMC Umbilicals Ltd.,TechnipFMC Umbilicals Inc. and Angoflex Ltda. The Kaombo development is located on Block 32, app
Statoil’s new integrated operations support center and a drilling operations center are set to increase the company’s value creation from operated fields in Norway.
