RED Engineering has developed new monitoring technology to improve accuracy, speed and safety during the installation of jacket foundations for wind turbines at the Beatrice Offshore Wind Farm project in the Moray Firth, Scotland. The development by the North East-based firm of engineers features re
Following years of research and development, Royal IHC’s Hi-Traq trenching vehicle has finally been put to the Test. According to IHC, the Hi-Traq vehicle offers enhanced manoeuvrability and its powerful tooling will enable safe, efficient burial in a range of seabed conditions. Hi-Traq features mul
Ryecroft Glenton Corporate Finance and Square One Law have advised on the sale of Lift-Rite Group to Benbecula Subsea Services, a business led by Ally MacDonald, former CEO of Wellstream and MD of Technip Umbilicals and current chairman of Tekmar Energy. Lift-Rite Group, which is based in Wallsend,
Houston-based oilfield products company Forum Energy Technologies has said it expects third quarter revenue of approximately $200 million and a net loss of approximately $0.20 per diluted share in the third quarter 2017. Excluding approximately $0.10 per share of special items for taxes, restructuri
James Fisher Subsea Excavation (JFSE), a part of James Fisher and Sons, is embarking on its 80th decommissioning/salvage job in the Gulf of Mexico. The platform was destroyed during Hurricane Ike in 2008. The region has been hard-hit by hurricanes in the past decade and the recent extreme weather sa
Global Marine Group (GMG) has entered into an agreement to acquire Fugro’s trenching and cable lay services business. The purchase consideration, valued at approximately $73 million, consists of the issuance to a subsidiary of Fugro of a 23.6% equity interest in Global Marine Holdings, valued at US$
Subsea excavation specialist James Fisher Subsea Excavation (JFSE), part of James Fisher & Sons, has begun the salvage of a platform in the Gulf of Mexico destroyed by Hurricane Ike. JFSE said that the salvage job would be the company’s 80th decommissioning/salvage job in the Gulf of Mexico. The pla
Hardide Coatings and Master Flo Valve (MFV) have developed a new solution to protect high temperature, high pressure (HT/HP) subsea choke valves. The valves are the first of their kind to feature the Hardide-T coating, which can be applied to choke valve stems so they can withstand temperatures up t
Providence-based Meller Optics has introduced custom-engineered sapphire optical domes for subsea drone applications to extend the viewing angle of vision systems and resist algae growth. According to the company, its sapphire optical domes are ideal for deepwater UAVs and other subsea applications
Alewijnse Marine has been awarded contract for the design, delivery and commissioning of the complete electrical and automation installation on board two new trailing suction hopper dredgers (TSHD). The vessels – currently under construction at Barkmeijer Shipyards in Stroobos, the Netherlands, for
Baker Hughes, a GE company, reportedly held talks with the London-based offshore engineering, construction and services player Subsea 7 about a possible acquisition. According to Wall Street Journal, people familiar with the matter said that talks between the two companies recently broke down over p
The latest subsea technologies and adaptations developed in response to increasingly challenging market conditions will be among the topics under the spotlight at Subsea UK’s 2017 Underwater Vehicles Conference. Formerly known as the Subsea UK ROV Conference, the event will welcome experts from acro
The FORESEA (Funding Ocean Energy through Strategic European Action) programme has launched its 4th call for proposals today at the Offshore Energy 2017 conference in Amsterdam, the Nederlands. The call aims to help developers of offshore technologies transition into the renewable energy space by de
Seatools, a technology company that provides solutions for a wide range of subsea challenges, has just announced that the company is in the process of delivering an extensive range of dredging sensors for Jan De Nul Group. According to the company, the sensors will be used to monitor the dredging op
