Kongsberg Maritime (KM) has reported third-quarter 2017 revenues at NOK 1.81 billion, relatively flat with NOK 1.85 billion in the corresponding period in 2016. Kongsberg’s largest business area has seen order intake in the quarter at NOK 1,67 billion, resulting in an accumulated order intake at qua
Norwegian seismic player Petroleum Geo-Services (PGS) is changing its company model to adjust to weaker and more uncertain than before seismic market as it saw its loss widened at $190 million for the quarter ended September 30, 2017 from $29 million same time last year. The new organization should
Edinburgh-based Concept Systems, a wholly owned subsidiary of ION Geophysical, has received backing from Scottish Enterprise for the enhancement of its Orca software. The Orca software is a survey planning and management tool for marine seismic survey planning. As explained by ION, Orca integrates a
Finland’s Wärtsilä has successfully tested the remote control of ship operations using a combination of dynamic positioning (DP) and manual joystick control. Wartsila, in collaboration with vessel provider for the project Gulfmark Offshore, carried out the test on August 21 off the North Sea coast o
Fugro has teamed up with Amplified Geochemical Imaging (AGI) to acquire offshore hydrocarbon seep data in advance of Canada’s 2018 east coast bid round. Bathymetry, backscatter and water column anomaly data will be collected to pull together a picture of surficial geological features. These data wil
Offshore oil & gas performance improvement specialist, Salos Sunesis, has recently carried out a management buyout, which has enabled director Grant Wallace to acquire the Aberdeen-based company from founder Ty Crandall. The company was formed 21 years ago, and during this time the team has assisted
ECA Group has delivered a fully equipped H800-1000 remotely operated vehicle (ROV) to Monaco Oceanography Institute, for coral reef sampling and analysis. Oceanography scientists check the status of the deep coral reefs by collecting samples of coral and surrounding water, for further analysis. What
Aberdeen-based plug and abandonment and slot recovery technology specialist, Ardyne, has appointed Paul Warwick as non-executive chairman. Warwick has been a non-executive director of Ardyne since shortly after the launch of the company in 2016. He will take on the role of non-executive chairman fro
Swedish engineering group Sandvik has signed a contract for the supply of stainless steel tubes required for 250 kilometers of umbilicals, linking a subsea development to an existing offshore platform. Sandvik said on Tuesday that the contract value was approximately 700 million SEK (about $85.4 mil
NKT, the power cable system provider, has been selected by Statnett to repair the Skagerrak 2 cable, which is one of the four links connecting Norway and Denmark. The cable between Kristiansand in Norway and Tjele in Denmark was damaged in end-July due to external impact and NKT is going to do a tur
Autonomous vessel technology developer, ASV Global, has named Mark Exeter as the new managing director of its Portchester, UK office. Exeter’s predecessor, Dan Hook, moves into a new role as senior director – Business Development focusing on further market expansion. Thomas Chance, CEO of ASV Global
Kitron has signed a frame agreement with Kongsberg Maritime with a potential value of NOK 200 million for the next five years. Kitron will produce and deliver existing and future electronic modules and products to Kongsberg Maritime and actively collaborate on design, development, industrialization
Jan De Nul Group has just released this very interesting video about the Trondheim Port Basin Rehabilitation Project, conducted by Envisan – the environmental subsidiary of JDN. With this contract Trondheim wants to restore the port basin to its desired depth and aims at stopping the further spread
Expro has launched a new extreme high pressure tubing conveyed perforating (TCP) gun system. Designed specifically for challenging deep water environments in the Gulf of Mexico (GoM), the Extreme Pressure Series 30,000 PSI TCP gun system utilities super big hole charge technology, providing area-ope
