Red Engineering has appointed a senior executive to oversee the development and expansion of its specialist test services business. Brian Valentine joins the UK-based firm as a business developer, where he will be targeting customers in core offshore oil and gas, renewables and nuclear decommissioni
ION Geophysical has reported third quarter 2017 net income of $4.9 million, or $0.41 per diluted share, on revenues of $61.1 million, compared to net income of $1.7 million, or $0.14 per diluted share, on revenues of $78.6 million in third quarter 2016. The company reported Adjusted EBITDA of $27.1
Jones Bros Civil Engineering UK has informed that the gravity base structure for Minesto’s underwater kite technology, Deep Green, has been 50 per cent complete. The concrete base is a part of the €30 million underwater kite project to be installed in Holyhead Deep, 6.5 km off the coast of Anglesey.
Norwegian seabed seismic services player Magseis has bounced back in black in the third quarter of 2017 as revenue jumped close to 120 percent when compared to the prior-year quarter. The Oslo-listed company has seen its revenue at USD 28.6 million, up from USD 13.1 million same time last year. Reve
Norwegian geophysical services company EMGS posted loss for the third-quarter 2017 of $1.6 million, improving from $11.1 million loss in the same period last year. The Oslo-listed company generated revenues of $10 million in the quarter ended September 2017, up 122 percent from $4.5 million in the c
The International Association of Dredging Companies (IADC) has released in its latest Terra et Aqua an article named ‘An Improved Integrated Approach for Optimizing Shipping Channel Capacity for Australian Ports’. The continuing surge in commercial vessel sizes is putting increasing pressure on the
BHGE will as the exclusive supplier support the appraisal and early production phases of Cambo, with the ability to extend into the full field development.
Vos Prodect Innovations has been contracted by Norddeutsche Seekabelwerke (NSW) regarding the design and delivery of inter-array cable hang-off systems for Trianel Windpark Borkum II project. Scope includes delivery of sealed hang-off systems for WTG’s and unsealed hang-off systems for OSS. Sealed c
Aqua Comms informed that PacketFabric has selected its America-Europe Connect (AEConnect) subsea cable to extend the reach of its disruptive Software-defined Networking (SDN) platform into Europe. Aqua Comms’ submarine cable system delivers connectivity from New York to Ireland with diverse backhaul
The keel laying ceremony for the new 900kW cutter suction dredger (CSD) Jarash took place last month at the Royal IHC shipyard in Kinderdijk, the Netherlands. The new custom-built stationary CSD, being built for Arab Potash Company (APC), will be launched at the beginning of 2018, Royal IHC said in
thyssenkrupp, its subsidiary Atlas Elektronik and Kongsberg have joined forces and established a 50/50 joint venture company to shape the future combat systems of conventional submarines. The company named kta naval systems will be the exclusive supplier of combat systems for submarines from thyssen
The technology group Wärtsilä will supply an ultra-silent propulsion package for a new research vessel to be built for the Faroe Islands Marine Research Institute. The solution is made possible through Wärtsilä’s in-house competences in silent diesel generator sets, propeller shaft lines, and electr
Singapore’s Sembcorp Marine returned to profit in the third quarter 2017, posting a net profit of $2.7 million, versus a net loss of $21.8 million a year ago. The offshore rig builder’s turnover was $316.9 million, down from $888 million a year ago. The lower revenue was due to lower rig building re
InterMoor has named Mark Jones, global chief executive officer. Key objectives of this new role include building more structure and greater collaboration among business units, focusing on areas of growth and mobilizing new services across the regions, with the goal of strengthening InterMoor’s globa
