Norwegian equipment provider for aquaculture industry, AKVA group, has boosted its profit in the fourth quarter of 2017 as all of its business segments upped their quarterly performance and saw the revenues grow. Namely, the company booked profit before tax of NOK 33.3 million and net profit of NOK
James Fisher Marine Services (JFMS) has signed a memorandum of understanding (MoU) with wave-energy developer Carnegie Clean Energy. Under the terms of the MoU, JFMS will cooperate with Carnegie to help progress geotechnical, mooring and foundation techniques, processes and systems to deploy Carnegi
National Oilwell Varco (NOV) has signed its first contract for the Seabox subsea water treatment system. The contract was signed with an unnamed operator who will deploy the system at an offshore installation in the third quarter of 2018 for an extended test during the 2018/2019 winter season. The S
AGR Australia has entered the final stages of planning for the Northern Oil & Gas Australia (NOGA) subsea well intervention in the Laminaria field, located in the Timor Sea, offshore Australia. The project, which is due to be carried out in April/May this year using the Stena Clyde MODU, has been in
World Marine of Alabama (WMA) has completed work on a contract valued at over $14 million to drydock and repair the Dredge Wheeler, a hopper dredge owned and operated by the U.S. Army Corps of Engineers. The contract was awarded in September and arrival was delayed due to emergency dredging assignme
Makai Ocean Engineering’s MakaiLay software has been commissioned on the cable-laying vessel Giulio Verne by the Prysmian Group. It is expected that MakaiLay with its power-cable-specific module will be used by the Giulio Verne when it starts working on the North Sea Link installation. North Sea Lin
Add Energy and Trendsetter Engineering Inc (TEI) have been contracted by an oil and gas operator to provide well control expertise and access to their patented Relief Well Injection Spool (RWIS) to a well which is planned to be drilled in the Barents Sea during Q2 2018. The contract will provide the
Oil and gas industry intelligence group Westwood has acquired RigLogix, an offshore rig market data specialist, from DHI Group, Inc (NYSE: DHX). Andrew Reid, CEO of Westwood Global Energy Group said on Wednesday: “With the acquisition of RigLogix we inherit a strong, global team and capability, whic
The Rothen Group, a national independent civil engineering and maintenance business servicing UK Waterways, has introduced a new 70ft narrow-beam crane boat to its fleet. According to the company, the 70ft narrow-beam crane boat has made lock maintenance even safer, more cost-effective and efficient
CGG informed that Sercel has sold one of its new Sentinel HR high-resolution solid streamers to the German research foundation, the Alfred Wegener Institute (AWI). AWI will use the Sentinel HR on research projects it is conducting to record critical data about the relationship between geological act
Aker Solutions has won an order from Wintershall Norge to provide a subsea production system, umbilicals and services for the Nova oil and gas field offshore Norway. The system will consist of two templates with manifolds, seven subsea trees including one spare, umbilicals and associated tie-in and
Romanian GSP will build a drilling and production platform for Energean’s Epsilon field development in Greece.
ECA Group has unveiled its new generation mid-size AUV A18-M for underwater mine warfare. The company has carried out live demonstration in Toulon area to showcase theperformance of this new maritime drone that is completing ECA Group’s AUV family. A18-M is the new generation of autonomous underwate
Xiamen University has purchased a moving vessel profiler (MVP) from AML Oceanographic for the research vessel JIA GENG. The university’s State Key Laboratory of Marine Environmental Science will use the deep water underway profiling system, MVP300, to collect CTD, sound velocity, and environmental d
