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JFD Finalizes Submarine Rescue System for Indian Navy
Equipment

JFD Finalizes Submarine Rescue System for Indian Navy

Following deep search and rescue vehicle (DSRV) trials, JFD said it has completed the build of the first of its two new submarine rescue systems, due to be delivered to the Indian Navy in March 2018. The completion of the build will be commemorated by a ceremony hosted by JFD and attended by senior

about 8 years ago
Schlumberger Bags Leviathan Contract from Noble Energy
Equipment

Schlumberger Bags Leviathan Contract from Noble Energy

Schlumberger has received an engineering and supply contract from Noble Energy for a two-thousand-ton single-lift process module to be installed on the Leviathan Platform in the Eastern Mediterranean. The scope of the contract includes pre-treatment, salt removal and regeneration of monoethylene gly

about 8 years ago
TechnipFMC’s 4Q loss deepens
Equipment

TechnipFMC’s 4Q loss deepens

Net loss deepened to $153,9 million, versus $100,6 million a year ago.

about 8 years ago
Magseis Enters Node Lease Contract in NE Asia
Equipment

Magseis Enters Node Lease Contract in NE Asia

Norwegian seabed seismic services player Magseis has signed a Letter of Intent (LoI) for a lease contract of its proprietary MASS nodes. Magseis will mobilize a fully containerized handling system (MASS Modular) and field technicians for the project in North East Asia, the company informed. The dura

about 8 years ago
TechnipFMC Swings to Loss Despite Subsea Order Boost
Equipment

TechnipFMC Swings to Loss Despite Subsea Order Boost

TechnipFMC has reported fourth-quarter 2017 net loss of $154 million or 33 cents per diluted share. One of the industry majors has booked quarterly after-tax charges and credits of close to $245 million or 53 cents per share. This came down to adjusted earnings of 20 cents per share during Q4 2017.

about 8 years ago
Rotech Subsea Set for Harbour Clearance Work
Equipment

Rotech Subsea Set for Harbour Clearance Work

Rotech Subsea is set to deploy a new RS1 excavation tool for the recently secured harbour clearance work scope in UK. The RS1 excavation tool has been specially adapted by the Aberdeen group’s on-site fabrication unit, Rotech Fabrication, to meet demand from Port Authorities for excavating difficult

about 8 years ago
Repsol orders Dril-Quip equipment for Ca Rong Do project
Equipment

Repsol orders Dril-Quip equipment for Ca Rong Do project

Dril-Quip has been awarded a contract by Repsol to supply equipment and related services for the Ca Rong Do project offshore Vietnam.

about 8 years ago
Schlumberger scores more Leviathan work
Equipment

Schlumberger scores more Leviathan work

Noble Energy has hired Schlumberger for the engineering and supply of a two-thousand-ton single-lift process module to be installed on the Leviathan Platform

about 8 years ago
Magseis eyes another MASS nodes lease deal
Equipment

Magseis eyes another MASS nodes lease deal

Magseis has signed a letter of intent for a lease contract of its proprietary MASS nodes for a project in northeast Asia.

about 8 years ago
Ardmore Craig Wraps Up Cable Spread Modifications
Equipment

Ardmore Craig Wraps Up Cable Spread Modifications

Ardmore Craig has completed modifications of a cable lay spread for an undisclosed client. The company modified the cable lay spread design to allow integration of a new carousel and deck layout on the client’s vessel. Following contract award in early 2018, Ardmore Craig completed the design, analy

about 8 years ago
Innospection Gets General Manager
Equipment

Innospection Gets General Manager

Inspection provider for the oil and gas industry, Innospection, has appointed Alex Crossland as general manager based at the headquarters in Aberdeen. The role at Innospection is a newly-created position following growth of the company and a strong backlog of work across onshore and topside, splash

about 8 years ago
FES Sets Up New Production Plant
Equipment

FES Sets Up New Production Plant

North East offshore specialist Flexible Engineered Solutions (FES) is creating 20 new jobs after opening a new manufacturing facility. Ashington-based FES has delivered a boost to its 50-strong workforce after investing in a new 25,000 sqft manufacturing facility in Cramlington, which will also beco

about 8 years ago
N-Seatec Becomes Seatec
Equipment

N-Seatec Becomes Seatec

The Netherlands-based technical solutions provider, N-Seatec Subsea Systems has changed ownership and will continue under the new name Seatec Subsea Systems. Seatec was part of N-Sea Group, offshore contractor and specialist in survey and IMR (inspection, maintenance, repair). “After 6 years of oper

about 8 years ago
Subsea 7 to become major shareholder of Xodus
Equipment

Subsea 7 to become major shareholder of Xodus

Subsea 7 is set to acquire a 60 percent stake in the the engineering and advisory consultancy Xodus Group from Chiyoda.

about 8 years ago
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