Jacobs Engineering Group Inc. has signed a global Enterprise Framework Agreement (EFA) renewal with Shell Oil Company to provide concept, front-end engineering, detailed design, procurement, project management, construction management and construction services for Shell projects globally. Jacobs sai
US-based LNG equipment maker Air Products has secured a contract for Eni’s multi-billion Coral South FLNG project, Mozambique’s first offshore field development.
The first gravity-based foundation (GBF) has been installed onto the sea bed for EDF Blyth wind farm project off the Northumberland coast, UK. Earlier this month, the gravity base left BAM’s dry dock in Newcastle and was floated down the River Tyne to Port of Tyne to have additional ballast added to
Oceanteam Solutions has recently signed a contract with a European cable manufacturer regarding the supply of a transport vessel, turntable and auxiliary equipment for the transport of cables from South Europe to Scandinavia. As announced in the letter of intent in May this year, the project is plan
Standing 140 metres tall and weighing 26 000 tonnes, the first jacket for Johan Sverdrup is the largest on the Norwegian Continental Shelf. The steel jacket will carry the riser platform, which is one of four platforms being built in the field’s first development phase. It was built at Kværner’s shi
ECTMarine, a Dutch supplier of dredging components, services and design, has developed the first comprehensive online Dredge Calculation Tool, which serves as an extension of their dredge consultancy services. “This tool is the first of its kind to be offered freely and accessible to anyone. The sof
DeepOcean has acquired French company Searov Offshore SAS and has expanded its presence in West Africa. Searov, established in 2008, owns and operates ten remote operated vehicles (ROVs) from its operating bases in Pointe Noire, Congo and Port Gentil, Gabon. “This acquisition will allow DeepOcean to
Ultra Electronics and Sparton Corporation have been awarded subcontracts valued at $35.9 million from their ERAPSCO/SonobuoyTech Systems joint venture. ERAPSCO/SonobuoyTech Systems will provide manufacturing subcontracts in the amount of $21.3 million to Ultra Electronics USSI and $14.6 million to S
Baker Hughes has recognized ‘pre-merger’ net loss for the quarter ended June 30, 2017 of $179 million, or 42 cents per share, against $911 million or $2.08 per share in the corresponding period in 2016. Sequentially, net loss widened from $129 million, or $0.30 per diluted share. Adjusted net loss f
Italy’s Eni posted a net profit of EUR 18 million in the second quarter of 2017, an improvement from a loss of EUR 446 million reported in the second quarter of 2016. The company’s oil and gas production grew to 1.77 million barrels of oil equivalent a day, a three percent rise versus the correspond
British subsea services specialist Flexlife has signned a cooperation agreement with Brazilian artificial intelligence technology developer Rio Analytics. The deal was signed at the UK Consulate in Rio de Janeiro on Monday 24, 2017. As Brazil represents over 40 percent of the installed flexible rise
Forum Energy Technologies recorded net loss in the second-quarter 2017 of $78 million, or 81 cents per diluted share, compared to net loss of $28.6 million, or 31 cents per diluted share, for the prior-year period. Sequentially, net loss widened from $16 million, or 16 cents per diluted share. Adjus
The world’s first underwater vehicle designed specifically to collect both biological and chemical samples from the ocean water column has completed sea trials off the coast of New England on July 9, 2017. The new autonomous underwater vehicle (AUV), named Clio, will help scientists better understan
The ceremony for laying the first stone for Naval Energies/OpenHydro tidal turbine plant took place in Cherbourg this month. The construction of this plant is a world first, embodying the start of the industrial phase, and represents a decisive step in the development of tidal energy in France and a
