Royal IHC has signed up Norway-based TMC Compressors of the Seas (TMC) to deliver a complete marine compressed air system to the integrated reel lay vessel the Dutch shipbuilder is constructing for Subsea 7. TMC’s scope of work includes the provision of a complete marine compressed air system, inclu
The Ocean Cleanup, developer of technologies to extract plastic pollution from the oceans, has awarded subsea technology company Seatools a contract for a remote offshore monitoring system. The monitoring system will be used to gain real-time insight into the performance of the first-ever ocean clea
Dutch-based ship hull cleaning service provider Fleet Cleaner has said it aims to set an even higher standard for hull cleaning. The company strongly believes that robotic hull cleaning is the future. “Already we constantly see that our autopilot can control the robot better than any human operator.
Interventek Subsea Engineering has appointed Bruce Stuart to the role of sales and business development director. Stuart joins Interventek from Proserv where he was VP Business Development Subsea, having previously held a seven year tenure at FMC Technologies, responsible for UK and Canada sales and
Nautilus Minerals has completed the submerged trials for its seafloor production tools In Papua New Guinea. The equipment is currently being prepared for shipment to China where it will be integrated onto the production support vessel (PSV) being built for Nautilus’ Solwara 1 subsea mining project.
National Oceanographic Centre (NOC) has started trials at the PLOCAN facilities on a new autonomous oceanographic device consisting of a wireless submarine telemetry system for great depths. The objective of the trials is to assess the performance and functionality of the wireless communications sys
ION Geophysical has reported revenues of $57.9 million in the fourth quarter 2017, a 64% increase compared to revenues of $35.4 million one year ago. ION’s net loss was $1.4 million, or $(0.12) per share, compared to a net loss of $6.5 million, or $(0.55) per share in the fourth quarter 2016. Exclud
Sparton Corporation and Ultra Electronics joint venture ERAPSCO has been awarded subcontracts valued at $28.4 million to manufacture sonobuoys for the United States Navy. The award is a GFY18 ERAPSCO Indefinite Delivery Indefinite Quantity (IDIQ) contract release for sonobuoy requirements under ERAP
IKM Subsea Singapore has won two contracts for the provision of up to five remote operating vehicles (ROVs).
Novacavi, a specialist in cable design and manufacturing, has launched a matt PUR finished version of ROV dynamic cables. According to the company, the cables have been developed to improve operational efficiency and maneuverability both in water and on deck. Namely. the key features are a sliding a
Enpro Subsea has been awarded a frame agreement contract to support Tullow Oil activities in Ghana. The contract will see the Aberdeen-headquartered firm delivering subsea intervention technologies to support Tullow’s plans with new and existing wells in the Jubilee and TEN fields. The campaign will
The awards, which celebrate the achievements of companies and individuals in the UK subsea industry, were presented on Thursday 08, at a gala dinner in Aberdeen during Subsea Expo – Europe’s largest subsea-focused exhibition and conference. Neil Gordon, chief executive of Subsea UK hosted the ceremo
Developing new subsea technology and approaches to field developments could help unlock 400 million additional barrels of oil and gas and generate £3 billion of additional value.
Geophysical contractor TGS has posted fourth-quarter 2017 net profit of $55 million, compared to profit of $29 million in the same period in 2016. This comes down to quarterly earnings per share (fully diluted) of $0.53, against $0.29 profit per share same time last year. The Oslo-listed firm genera
