Drilling contractor Helmerich & Payne has acquired Magnetic Variation Services (MagVAR), a directional drilling and wellbore optimization company.
Dredging Today brings you an overview of the most popular stories from the past week (December 4-10, 2017). Dutra Completes Port Canaveral Dredging Program Port Canaveral has completed the deepening of the West Turning Basin, which now allows deeper draft access to the port’s container cargo facil
Belau Submarine Cable Corporation (BSCC) and NEC Corporation have completed the construction of a new submarine cable, Palau Spur, linking the Republic of Palau to Guam. The Palau Spur interconnects with the existing SEA-US submarine cable, which connects the Philippines and Indonesia to the United
Tiger Infrastructure has made an investment in Crosslake, which has been established to develop fibre-optic cable projects throughout North America. Croslake’s project includes a new submarine fibre-optic cable from Toronto, Canada to Buffalo, New York through Lake Ontario. The project, announced in
Our first Dredging Today Conference took place in October at Amsterdam RAI Convention Center under the theme ‘Changing Climate, Resilient Business’. The two-day event gathered expert speakers and panelists to discuss how the world in which the dredging industry operates is changing. Talking about dr
Jumbo has signed a Letter of Intent (LoI) with China Merchants Industry Holdings (CMIH) for the detailed engineering and construction of a new DP2 heavy lift crane vessel (HLCV). The new HLCV, with a length of 185 meters and a beam of 36 meters, has been designed together with Ulstein Design and Sol
Cables specialist Nexans Norway, part of the French Nexans group, has completed the laying and burial of the first 70-kilometer 220kV export cable which will connect the 588MW Beatrice offshore wind farm to the Scottish grid. The cable laying vessel Nexans Skagerrak kicked off the installation campa
Klaipeda Seaport Authority fleet has increased by one new vessel – the 2.895 million euros ‘Naras’ which entered the seaport on December 5, 2017. This modern and multi-functional vessel will allow the employees of the Seaport Authority to work more efficiently and will facilitate the implementation
Oceanteam, the Dutch – Norwegian offshore service provider, has signed a heads of terms agreement to sell part of its Solutions business. The Oslo-listed company, comprised of two operating segments, Oceanteam Shipping and Oceanteam Solutions. The so far undisclosed buyer will start a due diligence
Polarcus said it has secured industry prefunding and environmental permit for a broadband 3D marine seismic project in Australia. This extension of Polarcus’ Cygnus multi-client 3D survey represents the next step towards unlocking the complex geology of the Vulcan Sub-basin through the application o
Ashtead Technology and Forum Energy Technologies, Inc. have agreed to form a joint venture, creating a provider of subsea survey and ROV equipment rental and associated services. The business, which will be named Ashtead Technology, will be supported by a team of 120 skilled personnel. The joint ven
Ashtead Technology and Forum Energy Technologies have agreed to form a joint venture to create subsea survey and ROV equipment rental and associated services. Forum will contribute its subsea rentals business, currently trading as Forum Subsea Rentals. The combined group, with a rental fleet of 19,0
Assodivers has placed an order with MacArtney for the supply of trenching umbilical winch. The scope of supply includes a trenching umbilical winch and an electric-optical slip ring. The winch is characterized by a self-contained, all steel welded construction with protection frame, drum, level wind
The Oil & Gas Technology Centre (OGTC) is investing in the next generation of innovators and entrepreneurs with aim to unlock the full potential of the UK North Sea. The Centre has launched a technology accelerator and incubator – TechX – focused on helping smaller, ambitious technology developers t
