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First Subsea Demos Its New Cable Protection System
Equipment

First Subsea Demos Its New Cable Protection System

First Subsea has completed its first customer-witnessed open water demonstration of a new cable protection system (CPS) for offshore wind farms. The CPS protects subsea power cables as they transition from the seabed into the wind turbine structure. The First Subsea CPS is being deployed on Hornsea

about 9 years ago
EMGS Narrows Losses
Equipment

EMGS Narrows Losses

Norwegian geophysical services company EMGS posted loss for the second-quarter 2017 of $3.6 million, improving from $11.2 million loss in the same period last year. The Oslo-listed company generated revenues of $10.6 million in the second quarter 2017, down from $15.1 million in the corresponding pe

about 9 years ago
Oceanteam Wins Long-Term Turntable Contract
Equipment

Oceanteam Wins Long-Term Turntable Contract

Oceanteam Solutions has been awarded a long-term contract to supply a company that performs the installation of marine power cables with a 2000T demountable turntable including engineering and personnel services. The mobilisation and demobilisation of the equipment onto client’s vessel will take pla

about 9 years ago
USACE Signs $46 Million Coastal Mapping Contract
Equipment

USACE Signs $46 Million Coastal Mapping Contract

The U.S. Army Corps of Engineers, Mobile District, has contracted with WMR-532, the joint venture of Woolpert and Optimal Geo, to provide bathymetric and topographic lidar and imagery in support of the Joint Airborne Lidar Bathymetry Technical Center of Expertise (JALBTCX). The five-year, $46 millio

about 9 years ago
Ecosse Subsea Eyes New Carousel Orders
Equipment

Ecosse Subsea Eyes New Carousel Orders

Ecosse Subsea Systems (ESS) has designed, built and delivered a 700Te carousel to an international infrastructure group. The 700Te carousel designed with the capacity to be upgraded to 1700Te will be used for the storage of cables required for UK offshore wind farm projects. The design and project m

about 9 years ago
TechnipFMC Reports Q2 EPS at $0.35
Equipment

TechnipFMC Reports Q2 EPS at $0.35

TechnipFMC has reported second-quarter 2017 net income of $146.9 million and diluted earnings per share of $0.35. Excluding charges and credits, adjusted diluted earnings per share were $0.45. Total company operating profit was $439.6 million, with adjusted EBITDA at $501.3 million. Revenues for the

about 9 years ago
Oceaneering Posts Fall in Profits
Equipment

Oceaneering Posts Fall in Profits

Subsea engineering specialist Oceaneering has reported profit of $2.1 million, or 2 cents per share, on revenue of $515 million for the three months ended June 30, 2017. During the corresponding period in 2016, the company reported net income of $22.3 million, or $0.23 per share, on revenue of $625.

about 9 years ago
Komatsu Europe Unveils New D375A-8 Crawler Dozer
Equipment

Komatsu Europe Unveils New D375A-8 Crawler Dozer

Komatsu Europe International N.V. has just announced the launch of the new 73 tonnes D375A-8 crawler dozer. According to the company, its powerful and economical Komatsu engine integrates the latest emission control technologies and fuel-saving features. “The new Komatsu D375A-8 is a safe, fast, pow

about 9 years ago
Bourbon Sets Up FLOATGEN Mooring System
Equipment

Bourbon Sets Up FLOATGEN Mooring System

Bourbon has completed the mooring installation of the first floating wind turbine in France for Ecole Centrale de Nantes (ECN) as part of the European project FLOATGEN at the SEM-REV experimental test site, off Le Croisic. FLOATGEN is a wind turbine with concrete float designed by Ideol and currentl

about 9 years ago
MPM Upgrades Its Subsea Survey System
Equipment

MPM Upgrades Its Subsea Survey System

Marine Project Management (MPM) said it has enhanced its underwater facility cathodic protection (CP) survey system to include pipeline and structure UWI/UWILD integrity management features. Interfaced with most ROV systems, the system is being rebranded as the ‘Subsea Integrity Management System’ (

about 9 years ago
SMST Subsea Cranes for Vroon’s Newbuilds
Equipment

SMST Subsea Cranes for Vroon’s Newbuilds

SMST has delivered its 50t subsea knuckle boom crane with active heave compensation to Vroon for its newbuild vessel VOS Start. This crane for VOS Start and the identical crane for sister vessel VOS Stone are the fifth and sixth offshore cranes SMST delivers to Vroon. The 80m VOS Start arrived at Da

about 9 years ago
GeoSea to Deploy Seatools Anode Cage Setup Tool at Hohe See OWF
Equipment

GeoSea to Deploy Seatools Anode Cage Setup Tool at Hohe See OWF

GeoSea has recently awarded subsea technology company Seatools a contract for the design and delivery of an anode cage installation tool. The tool will be used for an automated anode cage installation operations, part of the construction of the Hohe See offshore wind farm. The anode cage installatio

about 9 years ago
Faroe’s appraisal well boosts Brasse volumes
Equipment

Faroe’s appraisal well boosts Brasse volumes

Faroe Petroleum has boosted its resources estimate for the Brasse discovery in the North Sea off Norway following the latest appraisal well results. The company on Wednesday said the 31/7-2S Brasse sidetrack appraisal well was a success, increasing the estimated recoverable resource volumes to betwe

about 9 years ago
CGG Expands Santos Basin Coverage
Equipment

CGG Expands Santos Basin Coverage

CGG said it has extended its Santos VII broadband 3D multiclient survey offshore Brazil. The 1,867 sq km extension to the original footprint gives CGG a total of almost 16,000 sq km of newly acquired and imaged pre-salt coverage. The extension was made to fully image this area after images recently

about 9 years ago
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